Chaffee County Housing Market As the school year begins, we typically see a cool down in the Chaffee County housing market. This year was no exception. With home prices remaining high and mortgage rates increasing, buyer demand decreased in August. Buyers closed on fewer homes compared to last year … [Read more...] about August 2022 Buena Vista and Salida Colorado Real Estate Report
Chaffee County Housing Market Buyer demand pulled back in July as prospective buyers took a closer look at their finances given today’s home prices and higher interest rates. The number of July closings was lower than both last July and last month throughout the county. Although still higher than … [Read more...] about July 2022 Buena Vista and Salida Colorado Real Estate Report
"According to the 2022 Housing Needs Assessment (HNA), recently adopted by the Chaffee Housing Authority, to stabilize the Chaffee County workforce and keep up with future housing demands, 1,105 new homes are needed over the next five years. Of the 1,105 housing units required, 435 units are … [Read more...] about Scope of the Chaffee County Local Housing Crisis
Year-To-Date Review Although Chaffee County’s housing market remained competitive through the first half of the year, there are signs of a shifting market. The number of new listings sellers brought to the market is up 14% compared to the same point last year, bringing an increase in inventory. … [Read more...] about 2022 Quarter 2 Market Watch Chaffee County Colorado January – June 2022
HOMES CLOSED June brought the fourth consecutive month we’ve seen an increase in closings in Chaffee County. Month over month the count of Closed Listings was up 15%. Year over year, the number of closed listings was up 39% At 59, the number of listings that moved to the Pending status was 37% … [Read more...] about June 2022 Chaffee County Real Estate Report
HOMES CLOSED May brought a slight uptick in the number of Chaffee County closings. Throughout the month, 47 homes sold, a 2% increase compared to last May and 7% more than last month. At 45, the number of listings that moved to the Pending status was 29% higher than last year but down 10% from … [Read more...] about May 2022 Buena Vista and Salida Real Estate Report
What You Should Know About Selling in a Seller’s Market You’ve likely heard about the current seller’s market even if you haven’t been following real estate news. That’s because there’s a lot of talk about how strong market conditions are for people who want to sell their houses. But if you’re … [Read more...] about What You Should Know About Selling in a Seller’s Market
HOMES CLOSED In April, 44 homes closed in Chaffee County, a 17% decrease year over year, but 13% more month over month. Throughout the month, 52 homes moved to the Pending status, 6% fewer compared to last year, but 18% more month over month. MEDIAN CLOSED PRICES Chaffee County homes reached a … [Read more...] about April 2022 Buena Vista and Salida Real Estate Report
