Some of the biggest home sales in Summit County history are going down in Breckenridge this year, where the average home sells for more than ever before, and the average apartment sells for over $1 million.
First, those monster home sales. In April, it was $8.6 million for a newly built home in the Highlands with four bedrooms and six bathrooms. In May, it was $13 million for a still-undisclosed property in Breck that is the second-most expensive private home sale in county history.
Most expensive home sales in Summit (2022-2026)
- $14.85 million, Shock Hill at Peak 8 in Breck (2025)
- $13 million, undisclosed Breck (2026)
- $12.2 million, Baldy Road in Breck (2022)
- $12 million, Snowy Ridge at Peak 9 in Breck (2023)
- $10.9 million, Highlands in Breck (2024)
Data from Summit County Assessor and Altitude Realtors.
These jaw-dropping homes are on the high end of a market that is flush with big homes and big money right now. The most expensive listing in Summit today is a $25 million ski-in, ski-out property in Breck. Countywide, 50 homes are listed for $5 million and up, according to Dana Cottrell with Altitude Realtors.
Local home prices are some of the highest in the state at $2.68 million on average. That is 6% higher than last year and 366% higher than the state average of $575,000.
“Buyers and sellers are testing the waters for what many expect to be a busy season,” Cottrell said in a release from the state Realtors office. She goes on the say, “Buyers are finding more choices than they had a year ago, but well-positioned properties are still attracting strong interest and commanding healthy prices.”
Summit’s rising home prices (average in May)
2026… $2.68 million
2025… $2.53 million
2024… $2.46 million
2023… $1.86 million
2022… $2.21 million
2021… $2.08 million
2020… $1.03 million
Data from Altitude Realtors.
A few monster sales are not enough to prop up the entire market, especially for buyers looking for smaller units like apartments and condos.
The average multi-family unit was selling for more than $1 million in May, according to Altitude data. That was 19% more expensive than May 2025 and 4% more expensive than last year – and sales went tumbling by 32% countywide.
Real estate pros are confident this will change in coming months, if you know where to look.
“The market appears balanced between opportunity and caution,” Cottrell continued. “Inventory remains well above the extremely limited levels seen during the pandemic years, giving buyers more options and negotiating power, while continued strength in pricing demonstrates that demand for mountain living remains firmly intact.”