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Market report

Colorado luxury market report.

Sales, prices, supply, loan limits and taxes above $1 million, with the source on every number.

A live person answers. Not a robot, not a phone tree.

Concept photography: AI-generated illustrative imagery, not a property listing.

The short answer

5,567 Denver-metro homes sold above $1 million in 2025, at an average of $1.64 million. Supply above $2 million reached 4.97 months in December 2025, so buyers at the top have room to negotiate.

5,567Sales above $1M, 2025
$1.64MAverage $1M+ sale
4.4%Share that were condos or townhomes
$17MTop single-family sale

What sold above $1 million, 2025

5,567sales
  • Single-family: 5,322
  • Condo and townhome: 245

Source: DMAR Market Trends, December 2025 data.

Where luxury starts nationally

July 2016$797KJuly 2025$1.3M

Entry-level luxury price, Realtor.com, July 2016 and July 2025.

Which neighborhoods cost the most?

Cherry Hills Village$3.3MKerr Gulch (Evergreen)$2.975MThe Preserve, Greenwood Village$2.6MCherry Creek North$2.4MWest End, Greenwood Village$2.18MGreenwood Village$1.8MCastle Pines Village$1.6M

Redfin medians, reported October 2025 (Greenwood Village city: September 2025; Castle Pines Village: 2025).

What do the mountain markets cost?

Aspen (median)$13.2MEagle County (average)$3MSummit County (average)$2.39M

Aspen: single-family median, 2025, Aspen Board of Realtors. Eagle County: single-family average, 2025, Vail Daily. Summit County: single-family average, Q4 2025, Land Title data.

When does a loan become a jumbo loan?

Denver metro counties$862,500Boulder County$879,750Eagle, Garfield, Pitkin, Summit$1,209,750

2026 conforming loan limits by county. Borrow above the line and the loan is a jumbo loan. Mike Oswald at Rate: (720) 677-5816. You may use any lender.

Quick answers

Questions about the market.

How many luxury homes sell in Denver each year?

5,567 homes sold above $1 million in the Denver metro in 2025 (DMAR). 245 of them, 4.4%, were condos or townhomes.

Is it a buyer's or seller's market above $2 million?

Buyers have more room above $2 million. The metro had 4.97 months of supply at $2 million-plus in December 2025, against under three months from $1 million to $2 million (DMAR).

How are Colorado property taxes figured in 2026?

The 2026 residential assessment rate for local government levies is 6.80%, after a 10% value reduction on the first $700,000 of value (Colorado Division of Property Taxation).

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Kenna Luxury Real Estate is a division of the Kenna Real Estate Group at Keller Williams DTC (KWDTC).