2023 End of Year Real Estate Market Stats for Breckenridge market updates

Breckenridge’s Market Remained Steady Throughout 2023

Breckenridge Market Stats for Single Family Homes 2023

Breckenridge's residential market remained stable throughout 2023. Single Family Home Prices in Breckenridge ended the year up 1.15% versus a 7.72% increase in 2022. The relatively stable pricing levels are the result of continued low inventory levels. 2023 ended with Breckenridge’s inventory levels at 124 active listings, down from the 8-year average of 148 active listings. However, inventory is still up from Covid levels which were 85 active listings at the end of 2020 and 54 active listings at the end of 2021. As inventory continues to normalize back to pre-Covid levels, so does the average days on market; now trending back towards the more typical 75-90 days.

Vacant Land and Townhomes Experience Remarkable Appreciation Levels

Breckenridge Vacant Land Market Stats for 2023

Two bright spots in the market for 2023 were Vacant Land and Townhomes. The year closed out with Average Vacant Land Prices up 17.94% for the Breckenridge area. The increase in land value is likely due to the dynamic between the dwindling supply of vacant land in and around Summit County and ever-present demand for new builds.

Breckenridge Townhome Market Stats for 2023

Averages Townhome Prices in Breckenridge are up 40.79% for 2023. The increase is likely a result of the shift in buyer preferences towards the convenience of “lock-and-leave” properties that live like homes and are predominantly in prime, centralized locations that offer immediate access to all the benefits of the Summit County lifestyle.

Breckenridge Associates Continues Reign As #1 Selling Office in Breckenridge

Top Real Estate Offices in Breckenridge, Colorado

Breckenridge Associates Real Estate remained the Top Selling Office in Breckenridge for 2023, with 79% more closed transactions and a 79% higher dollar volume than the next closest office in town.

With 18 of the most experienced, top-producing Brokers in the Breckenridge area, we’re excited to have you reach out to us in 2024. Our team is uniquely positioned to provide the expertise and teamwork necessary to help you achieve your real estate goals this upcoming year.

To speak with a Breckenridge Associates Real Estate Broker about current market conditions, call us at 970-453-2200 or reach out to your broker directly!

Your Source for Up-to-date Market Performance Information

For the most current information on the Breckenridge and Summit County real estate market conditions, visit our Market Stats page. You’ll find information on appreciation rates, performance by property type, market stats by location, and our full “How’s the Market?” report!

Posted by Breckenridge Associates Real Estate on


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