THE SLIFER REPORT Colorado
Colorado real estate.
By Colorado people.
AsColorado'sindependent,locallyowned andoperated real estatecompany,we aredeeplyinvestedin our communitiesandfullycommitted to buildingup this incredibleplace.Whenyouwork withusyounot onlyget best-in-classservice, youcanknowthat your businessand support stayslocal creating abright future for thebenefit of all.
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Colorado owned & operated #1
The Vail Valley's leading real estate company
In 2025, while much of the national real estate industry continued to navigate uncertainty, Slifer Smith & Frampton Real Estate reaffirmed its strength, stability, andlong-termvalueacrossColorado?smountainreal estatemarkets.
Throughout the year, we remained focused on disciplined execution, supporting our brokers, strengthening local leadership, and refining systems that enhance service, compliance, and operational excellence. Our investments were intentional and aligned withSSF?slong-standingcommitment to professionalism,collaboration, andcommunity.
These investments delivered meaningful results. In 2025, our company amidst an ever-changing market has maintained our position as Colorado?s leading independent real estate company reflecting the trust our clients place in our brokers and the depth of experience within our organization. In addition, we continue to proudly lead the way as the leading brokerage in both our Vail Valley and Summit County markets, while continually strengthening our presence in our Roaring Fork and Yampa Valley offices serving more clients in more places than ever.
As we enter 2026, Colorado?s mountain economy continues to demonstrate resilience, supported by steady employment, sustained tourism, infrastructure investment, and the state?s enduring appeal as a place to live, work, and recreate. These trends will continue to shape our markets with buyer demand remaining rooted in lifestyle, long-term value, and year-round residency. As confidence continues to stabilize, we anticipate measured growth, increased transaction activity, and renewed momentum across Colorado?s resort and mountain communities.
We extend our sincere thanks to our brokers, staff, clients, and partners for your continued trust and partnership We are proud of what we accomplished together in 2025 and optimistic about the year ahead. Our priorities at SSF remain clear: thoughtful growth, exceptional talent, strong local leadership, and continued stewardship of the SSF brand. With a strong foundation and clear direction, Slifer Smith & Frampton is well poised to maintain its position as the leading independent brokerage in Colorado's mountain markets not just in 2026, but for years to come.
A LETTER FROM OURPRESIDENT CHRIS LANKHORST
Market President
DENVER & THE FRONT RANGE
Denver &theFront Rangeoffersadynamic real estate market definedbyitsblendof urbansophisticationand RockyMountainaccessibility KnownastheMileHighCity, Denver combinesathrivingmetropolitanenvironment with proximityto outdoor recreation,creatingalifestylethat appealsto professionals,entrepreneurs,and families.Its strongeconomic foundation,cultural scene,and exceptional qualityof lifemakepropertyownership botha strategic investment and apersonal asset
Thecity?sresidential landscapespansvibrant downtown lofts,historic neighborhoods,and upscalesuburban enclaves.Frommodernhigh-risesto statelyhomesin tree-linedcommunities,Denver?shousingoptionsreflect architectural diversityand enduringvalue.Witharobust job market drivenbytechnology,energy,and healthcare sectors,demandfor qualityhousingremainsstrong.
Beyonditseconomic vitality,theFront Rangedelivers year-round appeal throughworld-classdining,arts,and entertainment,complemented byeasyaccessto skiing, hiking,andmountainadventures For thoseseekinga balanceof urbanconvenienceand outdoor lifestyle,owning real estatehererepresentsaunparalleledoption.
SINGLE FAMILY & DUPLEX
CONDOMINIUM & TOWNHOME
$391 averagesold priceper squarefoot for single family&duplex,a13% decreaseover 2024 $511K averagesold pricefor condos&townhomes,a 090%decreaseover 2024
$15M highest sale(residential) $156B salesvolumefor condos &townhomes,a19% decreaseover 2024
AVERAGE PRICE PER SQUARE FOOT
RESIDENTIAL & LAND SALES VOLUME COMPARISON
Keystone,ameticulouslyplanned mountainresort communitythat goesfar beyondtraditional ski destination living Designedwithintentionality,theareaoffersa comprehensiveresidential environment that integrates world-classskiing,year-round recreational opportunities, andcarefullycraftedneighborhood infrastructure.
Thecommunity'sresidential landscapespansmultiple distinct areas,fromtheRiver RunVillage'swalkable, European-inspireddesignto themoresecludedmountain neighborhoodslikeTheKeystoneRanchand Settlers Creek.Eachareaprovidesuniquelivingexperiences,with propertiesrangingfromslope-sidecondominiumsto expansivemountainhomesthat capitalizeondramatic alpineviewsanddirect recreational access.
Keystone'sappeal extendswell beyond winter skiing,with robust summer activitiesincludingmountainbiking,golf, hiking,andextensivefamily-orientedfestivals.For homeownersseekingapurposefullydesignedmountain communitythat offersbothrecreational excellenceand thoughtful residential planning,Keystonedeliversaliving experiencethat issimultaneouslysophisticated and genuinelyconnectedto itsalpineenvironment.
$2,682,875 averagesold pricefor singlefamily&duplex,a 21%increaseover 2024
68 averagedaysonthe market for singlefamily &duplex,a39%increase over 2024
196 salesfor condo & townhome,a9%increase over 2024 SSF
#
1 market share in Keystone
SALES VOLUME
COMPARISON
BRECKENRIDGE
Breckenridgeoffersprospectivehomeownersfar more thanaworld-renownedski destination? it'savibrant, year-round mountaincommunitywitharichhistorical fabric andcontemporaryresidential appeal.Thetown seamlesslyblendsits19th-centuryminingheritagewith sophisticatedmountainliving,creatingauniqueresidential environment that attractsdiversehomeowners
Theresidential landscapespansmultipleneighborhoods, fromhistoric Victorian-erahomesinthedowntowncoreto modernski-accesspropertiesand expansivemountain estates.Eachneighborhood withinthecommunityoffersa distinctivelivingexperience.
Beyondrecreational opportunities,Breckenridgehas cultivatedarobust year-round communityinfrastructure World-classskiingand snowboardinginwinter transitionto mountainbiking,hiking,and cultural festivalsinsummer, ensuringadynamic lifestylefor full-timeresidentsand second-homeowners Thetown'scommitment to preservation? bothhistorical andenvironmental? creates aresidential experiencethat feelsbothtimelessand forward-looking
SINGLE FAMILY & DUPLEX
& TOWNHOME
AVERAGE PRICE PER SQUARE FOOT
$665M salesvolumefor single family&duplex,a16% increaseover 2024 $2,465,463 averagesold pricefor singlefamily&duplex,a 8%increaseover 2024 $980 averagesold priceper squarefoot for condo & townhome,a3% decreaseover 2024
VS
PRICE COMPARISON
SALES VOLUME COMPARISON
STEAMBOAT SPRINGS
Steamboat Springsembodiestheessenceof anauthentic Colorado mountaintown,offeringaresidential experience that harmoniouslyblendsWesternheritagewithworld-class skiing.ThisYampaValleycommunitydeliversadistinctive mountainlifestylewhereranchingtraditions,outdoor recreation,andgenuinecommunityspirit createan atmosphereunlikeother resort destinations
Theresidential landscapeencompassesdiverse neighborhoods,fromhistoric downtownpropertiesto mountainestates Housingoptionsrangefromranch-style homesinthevalleyto ski-in/ski-out propertiesnear the resort,eachareamaintainingitsownuniquecharacter whilecontributingto Steamboat'sbroader community fabric.Thetown'sfamouschampagnepowder and natural hot springsserveasnatural amenitiesthat enhancethe livingexperience.
Beyondwinter recreation,Steamboat maintainsavibrant year-round communitywithstronglocal businesses, cultural events,and outdoor activities.For homeowners seekingamountaintownexperiencethat preserves authentic character whileprovidingexceptional recreational opportunities,Steamboat Springsdelivers.
SINGLE FAMILY & DUPLEX
$845
averagesold priceper squarefoot for single family&duplex,almost no changeover 2024 $2.9M averagesold pricefor singlefamily&duplex,a 7%increaseover 2024
CONDOMINIUM & TOWNHOME
$20M highest sale(residential) $366M salesvolumefor condos &townhomes,a1% decreaseover 2024
RESIDENTIAL & LAND SALES VOLUME COMPARISON
VAIL
Vail VillageandLionshead offer homeownersadistinctive blendof recreational infrastructureand residential excellence Theseinterconnected neighborhoodsprovide immediateaccessto over 5,000 acresof mountainterrain, withresidential optionsrangingfromluxurious condominiumsto carefullydesignedmountainhomes.
Thearea'syear-roundappeal transformsseamlessly betweenseasons:world-classskiinginwinter givesway to mountainbikingand hikingtrailsinsummer.Residents enjoyproximityto high-enddining,cultural eventslikethe GoPro GamesandBravo! Vail,alongwithavibrant mountaincommunitythat extendswell beyond traditional propertyboundaries
Eachpropertyhererepresentsmorethanaphysical space? it'saninvitationto experiencealifestyledefined bynatural beauty,outdoor adventure,and mountain sophistication.FromEuropean-inspiredarchitectural designto thestunningGoreRangebackdrop,Vail Village andLionshead deliver alivingenvironment that resonates withdiscerninghomeownersseekingsomething trulyextraordinary
VAIL VILLAGE & LIONSHEAD
$6.7M averagesold price, a37%increaseover 2024
$2,895 averagesold priceper sq ft,a17%increase over 2024
$33M highest sale,in Vail Village SingleFamilyHome
#1
SSF market share
SALES VOLUME COMPARISON
BEAVER CREEK
Beaver Creek standsasameticulouslydesigned mountain resort community,offeringarefinedresidential experience that blendsworld-classskiingwithsophisticated living UnlikethemorebustlingVail,thisneighborhoodrepresents adeliberatelycraftedenvironment whereeverydetail is considered,fromarchitectural designto community infrastructure
Residential optionsrangefromslope-sidecondominiums to expansivecustommountainestates,eachpositionedto maximizestunningmountainviewsand direct accessto someof Colorado'smost immaculateski terrain.Thearea isrenownedfor itsdeliberatelyuncrowded ski mountain, manicuredruns,and alevel of servicethat elevates mountainlivingto anart form.
Beyondwinter recreation,Beaver Creek transformsinto a year-round destinationwithhikingtrails,mountainbiking, golf,andarobust calendar of cultural events.For homeowners,thismeansinvestinginapropertythat offers not just aresidence,but acomprehensivelifestyle experience? wherethelinesbetweenluxury,recreation, andcommunityblur into asingular,exceptional mountain livingproposition.
BEAVER CREEK $3.95M averagesold price, a1%decreaseover 2024 $1,604 averagesold priceper sq ft,a14%increase over 2024
$17.5M highest sale
SingleFamilyhome SSFrepresentedtheseller #1 SSF market share
SNOWMASS VILLAGE
Snowmasssitshighasameticulouslyplannedmountain livingenvironment that goesfar beyond traditional resort development Thecommunityoffersacomprehensive residential experienceintegratingworld-classskiing, architectural innovation,and apurposeful approachto alpinelifestyledesign.
Residential optionsspandiverseneighborhoods,from slope-sidecondominiumsto custommountainestatesin areaslikeSnowmassVillageandBrushCreek.Eacharea providesdistinctivelivingexperiences,characterizedby thoughtful infrastructure,direct mountainaccess,and propertiesthat capitalizeondramatic viewsof the surroundingElk MountainRange
Beyondwinter recreation,Snowmasshasdeveloped a robust year-roundcommunityinfrastructure.Summer programming,includingmountainbiking,hiking,cultural events,andoutdoor concerts,ensuresadynamic lifestyle for full-timeresidentsand second-homeowners For homeownersseekingamountaincommunitywith intentional design,comprehensiverecreational access,and a forward-lookingapproachto alpineliving,Snowmass deliversanexceptional residential proposition.
AVERAGE PRICE PER SQUARE FOOT
VS
COMPARISON
SNOWMASS VILLAGE
$2,175 averagesold price per sq ft for single familyhomes,a17% increaseover 2024
$300M total salesvolume,a 12%decreaseover 2024
$2.9M averagesold pricefor condos/TH's,a9% increaseover 2024
SALES VOLUME COMPARISON
ASPEN
Aspentranscendsthetraditional concept of amountain town,representingtheglobal standard for alpineluxury livingand cultural sophistication Thecommunityoffersa residential experiencethat seamlesslyintegratesworld-class skiing,artistic expression,and architectural excellence withinabreathtakingmountainlandscape.
Residential optionsrangefromhistoric Victorianhomesin thedowntowncoreto contemporarymountainestatesin areaslikeRedMountainand West Aspen.Each neighborhoodprovidesadistinctivelivingenvironment, characterizedbyextraordinaryviews,meticulouslydesigned properties,andanunspokenunderstandingof refined mountainliving Thetown'sfour exceptional ski mountains? AspenMountain,AspenHighlands,Buttermilk, andSnowmass? serveasyour extended backyard
Aspenhascultivatedarobust cultural infrastructurethat setsit apart fromother mountaincommunities.Music festivals,world-renowned art galleries,cutting-edge architectural designs,and anintellectual environment attract homeownersseekingmorethanjust amountain residence? investinginasophisticated lifestylethat celebratescreativity,beauty,andmountainexcellence.
& TOWNHOME
$3,301average sold priceper sq ft for singlefamilyhomes,a 3%increaseover 2024 $2.10B total salesvolume,a 17%increaseover 2024 $5.7M averagesold pricefor condos/TH's,a28% increaseover 2024
AVERAGE PRICE PER SQUARE FOOT SALE VS
PRICE COMPARISON
SALES VOLUME COMPARISON
NEW DEVELOPMENTS
Weareproudto betheonlybrokerageinColorado withafull divisiondedicated to bringingnewdevelopmentsto market.Our dedicatednewdevelopment teamhasbeeninstrumental inbringingseveral keyprojectsto market, leveragingdeeplocal knowledgeandlong-standingrelationshipsto navigateanever-shiftingmarket Our recent development projectsfocusoncreatingmorediversehousingoptionsthat balanceenvironmental sensitivitywith contemporarylivingneeds Byprioritizingthoughtful design,communityintegration,and market responsiveness, thesedevelopmentsarenot just creatinghousing? they'reshapingthefutureof mountainlivingintheVail Valley andacrossColorado.
BUILDING THE FUTURE
