New report analyzes more than $24B in resort real estate sales across leading ski destinations
PARK CITY, UT / ACCESS Newswire / March 18, 2026 / Majestic Realty Collective has released its 2026 Resort Report, offering a comprehensive look at real estate trends across 19 top ski and resort destinations throughout the Mountain West, including Park City, Deer Valley, Aspen, Crested Butte, Jackson Hole, Lake Tahoe, Sun Valley, Telluride, Vail and more. Designed to meet the momentum of today's evolving resort landscape, this year's report has been reimagined into a more expansive market resource that covers additional markets, including a new international feature on the Dolomites of Italy as well as valuable information on global ski passes and their associated locations. Drawing on market data from the Sotheby's International Realty network, the analysis provides a comprehensive look at current trends shaping luxury resort real estate.
The 2026 Resort Report highlights a year of continued resilience across resort markets following several years of unprecedented growth. In 2025, more than $24 billion in total real estate volume was sold, with homes averaging 90 days on market, an increase of approximately 5% year over year as buyers took a more measured approach. Meanwhile, across these resort regions, the average sold price climbed to $1.8 million.
"Resort communities continue to lead one of the most significant lifestyle migrations we're seeing in real estate today," said Thomas Wright, President and Chief Operating Officer of Majestic Realty Collective. "Ski and mountain properties consistently demonstrate enduring value because they represent far more than housing; they represent a way of life. By comparing market data and intelligence from across the global Sotheby's International Realty network, this report reflects our brand at work. We're delivering the insight and perspective today's luxury clientele deserve and expect."
Key Takeaways:
California and Nevada: Luxury sales peaked in South Lake Tahoe in June 2025 with over $95M in sales volume in less than 30 days. Properties in North Lake Tahoe with no price adjustments sold four times faster than those with at least one price adjustment.
Colorado: Markets such as Aspen and Snowmass continue to lead the ultra-luxury segment, with average single-family home prices topping $17 million in Aspen. Limited inventory and continued demand from high-net-worth buyers continue to support strong pricing across the region.
Idaho: New construction is a key driver in Sandpoint with nearly 40% increases in sales from 2024. Sun Valley has driven significant growth with 188 active listings as of January 2026 and Idaho ranking among the fastest growing states.
Montana: Inventory remains limited in Big Sky while inventory in Whitefish has increased, causing buyers to take more time in homebuying decisions.
New Mexico: In Santa Fe, the market is on track to see an 11% increase in active listings, providing more options to buyers.
Utah: Resort communities continue to demonstrate strong demand, particularly in the Greater Park City area. The average sold price increased more than 24% year over year to approximately $2.53 million, while total sales volume rose more than 26%, reflecting continued buyer confidence in the region.
Wyoming: Jackson Hole saw record high-end sales activity as the median home sale price rose 25% and properties listed at $5 million or more generated nearly two-thirds of total market dollar volume.
Even as transaction volumes fluctuate from market to market, the report notes that the long-term fundamentals supporting resort real estate remain strong. Continued infrastructure investment, evolving resort amenities and the enduring appeal of mountain living continue to attract buyers seeking both lifestyle and long-term value.
Access the full 2026 Resort Report here. For a free hard copy of the Resort Report, visit your local Summit Sotheby's office or contact your Sotheby's International Realty real estate advisor.
About Majestic Realty Collective
Majestic Realty Collective operates premier Sotheby's International Realty brokerages throughout the Western United States, including California, Colorado, Utah, Idaho and Nevada. Its portfolio includes LIV Sotheby's International Realty, Summit Sotheby's International Realty, Sierra Sotheby's International Realty, Desert Sotheby's International Realty, Central Coast Sotheby's International Realty, Las Vegas Sotheby's International Realty, Sun Valley Sotheby's International Realty, and Group One Sotheby's International Realty. In 2025, the Collective closed more than $14.4 billion in sales, making it the largest Sotheby's International Realty affiliate by sales volume globally.
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SOURCE: Majestic Realty Collective
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