The number of new listings brought to the market in Chaffee County in August reached pre-pandemic levels. The market saw 68 fresh listings, 19% more than last August and 13% less than last month. Buyers actively scooped up available inventory executing contracts on 56 properties, 22% more than last August. Those homes went from actively available in the MLS to Pending in a median of 46 days.
Throughout the month, 53 homes closed, 8% more than last year and 21% more than last month. Those homes closed at a median price of $649,000, which is 2% more than last year. Prices were held high thanks to 9 properties closing at $1M or more.