April 2025 Real Estate Summary
Real estate summary provided Ben Broughton, Real Estate at Copper Mountain
April In Review
As expected, April sales volume ramped up considerably. While March only recorded one sale, we saw 6 closings last month. Interesting to note that April doubled the YTD sales for our resort in 2025 to 12. Two sales of 1 bedroom and 2 bedroom homes, along with one sale each of a 3 and 4 bedroom. All six were in separate buildings, the details are below.
It's nice to see activity pick up, and the numbers are pretty much in line with our YTD averages. The 4 bedroom was a duplex in Lewis Ranch, which sold for a record price of $3.525M after receiving multiple competing cash bids. The 3 bedroom was in the Mill Club.
With only one sale in the previous month I'm not going to do any month to month comparison. There are currently 2 pending transactions and we've already seen 1 closing in the first two weeks of the month. The two sales were for a deed restricted studio in Village Square and a 1 bedroom in Passage Point.
April By the Numbers
Total Sales: 6
Average PPSF : $1006
Average Days On Market: 31
Average Sales Price: $1,415,000
2025 By the Numbers
Total Sales: 12
Average PPSF : $1008
Average Days On Market: 47
Average Sales Price: $1,591,000
Current Market Conditions
There are currently fifteen non-deed restricted listings on the market today, same as last month. As of today there are 2 studios, 3 one bedrooms,5 two bedrooms and 5 three bedrooms on the market. Five of the listings are new since April first.
From March to May the PPSF decreased $66 to $1,072. The days on market decreased by 4, basically unchanged since last month.
Current Listings
Active Listings: 15
Average PPSF : $1072
Average Days On Market: 70 days
Pending Listings: 2 listings
Real estate summary provided Ben Broughton, Real Estate at Copper Mountain
