Breckenridge, CO 80424 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The neighborhood's primary market indicator, the median sold price, is 1,506,500, which reflects recent transaction-level value and should be prioritized over asking prices when assessing comps; representative recent sale appears to anchor valuation.
2. There is a meaningful divergence between the median listing price (2,299,500) and the median sold price (1,506,500), which may indicate pricing friction and suggests sellers' expectations remain elevated relative to realized transaction prices.
3. Market liquidity appears muted: the median days on market is 376, which corresponds to slower sales velocity and may require sellers to allow for extended marketing periods or more aggressive pricing to transact.
4. Broader trend and financing context: prices are trending up year-over-year, market temperature is described as neutral, rent trends are up, and interest rate pressure is moderate with current 30-year fixed mortgage rates averaging 6.65% for local properties—these mixed signals suggest a balanced but cautious environment for SFR and condominium transactions.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.