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Q1 2026 Luxury Market Report

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Colorado’s Luxury Markets | Q1 2026

Welcome

Colorado’s Luxury Markets

The story behind Colorado’s most coveted properties starts with the LIV Sotheby’s International Realty Quarterly Luxury Report. This isn’t just a market update, it’s an inside look at the momentum, movement, and moments shaping the state’s most exclusive real estate. After years of intensity, the luxury landscape is finding its rhythm again. A sense of balance returned in Q1 as more inventory brought more opportunity, leading to strategic decisions.

Inside, discover a dynamic snapshot of the performance of high-end residential properties, spotlighting single-family homes and condominiums priced over $1 million in key markets like Greater Denver, Boulder, Northern Colorado, Colorado Springs, and Grand County. For properties above $2 million in Summit County and Crested Butte, and those exceeding $3 million in Vail Valley and Telluride.

Northern Colorado is making strides, as this area saw a 71.8% increase in the number of luxury properties sold year-over-year. Boulder

was not far behind, with a 58.2% surge in properties sold, while the West Metro Foothills saw a slight 1.7% decline. Demand for refined living continues to accelerate across the Front Range.

Across the state, the story is one of nuance and opportunity. Median prices in the resort markets revealed a more varied narrative, with Telluride seeing a 9.5% increase in median sale price to $4,845,000, and Summit County posting a modest 2.2% decrease to $2,600,000 from 2025. Telluride stayed steady with 16 properties sold year-overyear, with Crested Butte advancing 37.5%, achieving 11 sales in Q1.

At LIV Sotheby’s International Realty, we believe luxury is more than a price point, it’s a perspective. With global reach, data-driven insight, and an unmatched reputation, our advisors don’t just navigate the market—they position you within it.

For those designing what’s next.

Luxury Data

Median Sold Price

Median Sold Price

April 2025 - March 2026

$1,293,704 Front Range - 3.9%

$1,708,417 All Colorado $2,027,500 Resort Regions - 0.2% + 2.5% 2025 vs 2026 % Change

At a Glance

Colorado’s Front Range

Colorado’s luxury real estate market held its ground in select markets last quarter with quiet confidence, signaling a more strategic landscape across the Front Range as 2026 unfolds. Pricing saw slight decreases in most areas, with Denver seeing a 1.7% reduction in median sold price and the South Metro inching up 1.9%. Meanwhile, Northern Colorado, West Metro Foothills, and Colorado Springs saw varied declines compared to 2025—creating new opportunities for discerning buyers. Paired with an uptick in inventory, the state’s enduring lifestyle appeal continues to draw interest while giving buyers more room to explore, compare, and act with intention.

Northern Colorado emerged as a clear standout, building momentum with 122 luxury sales year-over-year. Denver Metro led the charge with 1,060 transactions, followed by 238 in South Metro. Boulder added to the activity with 212 luxury homes sold, reinforcing its position as a perennial favorite. As the year gains traction, these steady, more balanced conditions are poised to shape a market defined by confidence, opportunity, and thoughtful movement.

Median Sold Price

$1,293,704

72 Average Days on Market - 3.9% - 6.3% 2025 vs 2026 % Change

1,464 Properties Sold + 12.2%

$353

Median Price per Finished Sq. Ft. - 2.4% 98.0% List Price to Sold Price 0.0%

Data

Arapahoe, Boulder, Broomfield,

Douglas, El

Jefferson,

Denver Metro

$1,310,000

Median Sold Price - 1.7% Change | Jan - Mar 2025 vs 2026

1,060

Properties Sold + 3.8% Change | Jan - Mar 2025 vs 2026

64

Average Days on Market + 5.0% Change | Jan - Mar 2025 vs 2026

$9,750,000

Highest Sold Price - 35.0% Change | Jan - Mar 2025 vs 2026

Arapahoe, Broomfield,
Douglas,
Pikes

South Metro

$1,298,975

Median Sold Price + 1.9% Change | Jan - Mar 2025 vs 2026

238 Properties Sold - 2.5% Change | Jan - Mar 2025 vs 2026

80

Average Days on Market + 1.7% Change | Jan - Mar 2025 vs 2026

$6,500,000

Highest Sold Price + 30.0% Change | Jan - Mar 2025 vs 2026

West Metro & Foothills

$1,225,000

Median Sold Price - 5.0% Change | Jan - Mar 2025 vs 2026

225 Properties Sold - 1.7% Change | Jan - Mar 2025 vs 2026

64

Average Days on Market + 17.0% Change | Jan - Mar 2025 vs 2026

$3,400,000

Highest Sold Price - 5.6% Change | Jan - Mar 2025 vs 2026

$1,437,500

Median Sold Price - 9.2% Change | Jan - Mar 2025 vs 2026

212 Properties Sold + 58.2% Change | Jan - Mar 2025 vs 2026

69

Average Days on Market + 16.6% Change | Jan - Mar 2025 vs 2026

$7,300,000

Highest Sold Price - 2.7% Change | Jan - Mar 2025 vs 2026

Data based on sales in Boulder County. All residential properties $1,000,000+. Based on information from REColorado, IRES MLS, Pikes Peak MLS (PPMLS) and Colorado Real Estate Network MLS (CREN MLS) (Powered by LiveBy).

Northern Colorado

$1,278,250

Median Sold Price - 2.4% Change | Jan - Mar 2025 vs 2026

122 Properties Sold + 71.8% Change | Jan - Mar 2025 vs 2026

78

Average Days on Market + 35.0% Change | Jan - Mar 2025 vs 2026

$3,025,000

Highest Sold Price - 0.8% Change | Jan - Mar 2025 vs 2026

Colorado Springs

$1,212,500

Median Sold Price - 5.6% Change | Jan - Mar 2025 vs 2026

70 Properties Sold - 11.4% Change | Jan - Mar 2025 vs 2026

80

Average Days on Market - 47.6% Change | Jan - Mar 2025 vs 2026

$3,600,000

Highest Sold Price - 9.2% Change | Jan - Mar 2025 vs 2026

At a Glance

Colorado’s Resorts

Colorado’s resort communities continue to captivate, where alpine adventure meets the unmistakable charm of close-knit mountain living. From intimate cabins tucked into the trees to contemporary condominiums and iconic ski-in/ski-out estates, these destinations offer a lifestyle that feels both elevated and effortlessly connected to nature. It’s this balance of scenery, recreation, and community that keeps buyers returning season after season.

Summit County carried strong momentum last year, which has slowed with Q1 posting 47 luxury properties sold, down from 66 in Q1 2025. In Crested Butte, luxury transactions increased by 37.5% following a period of stability in 2025, however a 69.6% increase in days on market signals that buyers are being strategic. Grand County continued its upward trajectory, posting a 12.9% increase in median sale price year-over-year at $1,467,500, while Vail Valley luxury homes are spending 2 less days on the market at 164. Telluride’s gains are highlighted by a top sale of $17,500,000 and a median sales price of $4,845,000.

Across Colorado’s resort markets, the story is one of resilience and enduring appeal. Appreciation is holding, activity remains elevated, and the winter selling season is drawing in buyers inspired by snow-covered peaks, world-class recreation, and the timeless allure of mountain living.

Median Sold Price

$2,027,500

329 Properties Sold - 7.1%

121 Average Days on Market + 2.5% - 6.0% 2025 vs 2026 % Change

$706 Median Price per Finished Sq. Ft. + 9.7%

Crested Butte

$3,200,000

Median Sold Price - 20.0% Change | Jan - Mar 2025 vs 2026

11

Properties Sold + 37.5% Change | Jan - Mar 2025 vs 2026

245

Average Days on Market + 69.6% Change | Jan - Mar 2025 vs 2026

$9,600,000

Highest Sold Price + 33.1% Change | Jan - Mar 2025 vs 2026

*Rural Crested Butte: All properties north of Slate River Road within the MLS jurisdiction. From Gothic Road and Slate River Road, north and east of Slate River Road to the boundary between Gunnison National Forest and White River National Forest, east to Taylor Peak, west of East Brush Creek to the bridge on Brush Creek to the summit of Crested Butte Mountain and back to the point of beginning, excluding the town of Mt. Crested Butte.
Almont, Crested Butte South, Gunnison, Mt Crested Butte, Rural Crested Butte, Rural Gunnison, and Town of Crested Butte. All residential properties
from Colorado Real Estate Network MLS (CREN MLS), Pikes Peak MLS (PPMLS) and REColorado (Powered by LiveBy).

Grand County

$1,467,500

Median Sold Price + 12.9% Change | Jan - Mar 2025 vs 2026

34 Properties Sold - 33.3% Change | Jan - Mar 2025 vs 2026

173

Average Days on Market - 36.8% Change | Jan - Mar 2025 vs 2026

$2,909,000

Highest Sold Price - 40.6% Change | Jan - Mar 2025 vs 2026

Summit County

$2,600,000

Median Sold Price - 2.2% Change | Jan - Mar 2025 vs 2026

47 Properties Sold - 28.8% Change | Jan - Mar 2025 vs 2026

114

Average Days on Market + 37.7% Change | Jan - Mar 2025 vs 2026

$7,800,000

Highest Sold Price - 90.4% Change | Jan - Mar 2025 vs 2026

Vail Valley

$4,000,000

Median Sold Price - 14.0% Change | Jan - Mar 2025 vs 2026

47 Properties Sold - 2.1% Change | Jan - Mar 2025 vs 2026

164

Average Days on Market - 1.6% Change | Jan - Mar 2025 vs 2026

$26,600,000

Highest Sold Price + 2.3% Change | Jan - Mar 2025 vs 2026

$4,845,000

Median Sold Price + 9.5% Change | Jan - Mar 2025 vs 2026

16 Properties Sold 0.0% Change | Jan - Mar 2025 vs 2026

404

Average Days on Market +97.1% Change | Jan - Mar 2025 vs 2026

$17,500,000

Highest Sold Price + 66.0% Change | Jan - Mar 2025 vs 2026

*Surrounding Mesas: Deep Creek Mesa, Hastings Mesa, Iron Springs/Horsefly Mesa, Specie Mesa, Sunshine Mesa, Turkey Creek Mesa, and Wilson Mesa.
Village and Telluride.

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