The chart shows residential sales in Summit County, CO, from January 1 through September 30 of each year from 2010 to 2026. Through the third quarter of 2026, the number of homes sold was down 2%, and the average sold price was up 2%, to roughly $1.55 million. That marks the fifth straight year of price gains or near-record highs, with the average price now more than double what it was in 2016. Sales volume, however, tells a different story. Since the 2021 peak of about 1,500 sales, activity dropped sharply in 2022 and has held steady at roughly 850 to 950 sales per year, well below the 1,200 to 1,400 range the county saw from 2015 through 2021.
New construction is propping up the headline numbers. Without new construction, 2026 sales would be down about 5%, and the average sold price would be down about 4%. Single-family homes show the same softening, with the average sold price down about 8% and the number of homes sold down 3%. Condominiums are the most striking example. Overall condo sales are down about 6%, while the average sold price is up 26%, driven largely by new-construction units. Remove those, and resale condo sales are down about 23%, with only a modest 1% gain in average sold price.
The takeaway is that the resale market is cooling more than the overall numbers suggest. Buyers may have more room to negotiate, and sellers should price based on current resale conditions rather than countywide averages. The final months of 2026 will show whether this softening continues into the new year.
Posted by Jan Leopold October 16, 2026.