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Colorado’s Luxury Markets | Midyear 2025

Welcome

Colorado’s Luxury Markets

Colorado’s luxury real estate market continues to evolve, driven by shifting demand, lifestyle trends, and regional growth. In a landscape where timing and precision matter most, expert insight makes all the difference. LIV Sotheby’s International Realty’s quarterly Luxury Report delivers the market intelligence you need to navigate Colorado’s high-end property market with confidence—from the Front Range to our iconic resort communities.

This report focuses on luxury residential properties, including single-family homes and condos priced over $1 million in key markets like Denver Metro, South Metro, West Metro & Foothills, Boulder, Northern Colorado, Colorado Springs, and Grand County; homes over $2 million in Summit County and Crested Butte; and those exceeding $3 million in Vail Valley and Telluride.

During the first half of 2025, luxury market activity remained steady. The median sold

price for residences over $1 million across the Front Range rose slightly by 0.2%, while Denver Metro experienced a modest 0.7% year-over-year decline. Resort areas saw greater variance: Vail Valley recorded a 17.5% increase in median sold price, while Summit County saw an 8.4% decrease. Transaction volume remained strong, with Denver Metro reporting 2,665 homes sold, an increase of 7.6% over 2024. Summit County followed with a 2.7% rise, while Grand County saw a 0.8% decrease.

At LIV Sotheby’s International Realty, we understand what makes Colorado extraordinary: a celebrated cultural scene, four-season recreation, and an unrivaled appreciation for outdoor living. Whether you’re drawn to big-city energy, mountain tranquility, or college-town charm, our trusted advisors combine global perspective with local expertise to help you navigate the market and discover your one of one.

Luxury Data

Median Sold Price

$1,706,472 All Colorado $2,005,500 Resort Regions - 5.2% - 7.8% 2024 vs 2025 % Change $1,325,125 Front Range + 0.2%

Median Sold Price

July 2024 - June 2025

At a Glance

Colorado’s Front Range

Throughout Q2, luxury home sales along the Front Range remained consistent with Q1, indicating the 2025 market has reached greater balance.

Boulder continued to lead the Front Range with a median sold price of $1,435,750 while Colorado Springs followed at $1,255,000. Denver Metro and Northern Colorado experienced slights shifts compared to 2024, meanwhile, West Metro & Foothills showed 2.3% growth.

A strong economy and stable job market continue to keep Colorado top of the list for home buyers.

In South Metro, the luxury home market saw strong growth with 657 residences sold during the first two quarters of 2025, a 13.7% increase. Colorado Springs recorded 229 luxury home purchases, up 45.9% from last year. As summer heats up, the Front Range luxury market is expected to maintain its steady and balanced momentum.

Median Sold Price

$1,325,125

3,840 Properties Sold + 8.9%

64 Average Days on Market + 0.2% + 17.1% 2024

$359

Median Price per Finished Sq. Ft. + 0.1% 98.0% List Price to Sold Price + 0.5%

Denver Metro

$1,340,000

Median Sold Price - 0.7% Change | Jan - Jun 2024 vs 2025

2,665

Properties Sold + 7.6% Change | Jan - Jun 2024 vs 2025

Average Days on Market + 12.5% Change | Jan - Jun 2024 vs 2025

$15,000,000

Highest Sold Price + 70.5% Change | Jan - Jun 2024 vs 2025

South Metro

$1,295,000

Median Sold Price - 1.7% Change | Jan - Jun 2024 vs 2025

657

Properties Sold + 13.7% Change | Jan - Jun 2024 vs 2025

Average Days on Market + 12.3% Change | Jan - Jun 2024 vs 2025

$5,849,075

Highest Sold Price - 14.0% Change | Jan - Jun 2024 vs 2025

West Metro & Foothills

$1,325,000

Median Sold Price + 2.3% Change | Jan - Jun 2024 vs 2025

611

Properties Sold + 18.0% Change | Jan - Jun 2024 vs 2025

Average Days on Market + 25.2% Change | Jan - Jun 2024 vs 2025

$6,430,000

Highest Sold Price + 38.3% Change | Jan - Jun 2024 vs 2025

$1,435,750

Median Sold Price - 2.0% Change | Jan - Jun 2024 vs 2025

568 Properties Sold + 3.5% Change | Jan - Jun 2024 vs 2025

Average Days on Market + 6.5% Change | Jan - Jun 2024 vs 2025

$14,500,000

Highest Sold Price + 66.7% Change | Jan - Jun 2024 vs 2025

Northern Colorado

$1,300,000

Median Sold Price - 0.4% Change | Jan - Jun 2024 vs 2025

378 Properties Sold + 10.5% Change | Jan - Jun 2024 vs 2025

Average Days on Market + 25.1% Change | Jan - Jun 2024 vs 2025

$6,175,000

Highest Sold Price + 36.3% Change | Jan - Jun 2024 vs 2025

Colorado Springs

$1,255,000

Median Sold Price + 4.3% Change | Jan - Jun 2024 vs 2025

229 Properties Sold + 45.9% Change | Jan - Jun 2024 vs 2025

114

Average Days on Market + 20.1% Change | Jan - Jun 2024 vs 2025

$4,360,000

Highest Sold Price + 24.6% Change | Jan - Jun 2024 vs 2025

At a Glance

Colorado’s Resorts

Colorado’s resort towns continue to captivate luxury buyers with their signature blend of alpine adventure and tranquil retreat. From slope-side condos perfect for winter escapes to secluded mountain estates and welcoming communities, the enduring appeal—and investment strength—of these markets makes them a compelling choice for discerning homeowners.

During the first half of 2025, Vail Valley’s luxury market demonstrated strong performance with 100 high-end residences sold at a median price of $5,047,000. Grand County’s median sales price surged 20.9%, reinforcing its growing popularity among buyers. Crested Butte recorded 14 luxury home sales, reflecting a slower pace. Vail Valley also secured the top residential sale at $33,000,000, while Telluride followed with a standout sale at $19,750,000.

These high-elevation markets remain a mainstay for ultra-luxury buyers, offering rare properties in breathtaking settings. As summer unfolds, continued price strength and buyer interest underscore the long-term value of owning in Colorado’s premier resort destinations.