According to REcolorado market data, there was an uptick in Chaffee County home buying and selling activity in January. Home closings saw a 22% increase from last month. Additionally, the number of listings pending sale, a leading indicator of upcoming closing activity, jumped 130% from last month … [Read more...] about January 2023 Chaffee County Real Estate Report
December 2022 Buena Vista and Salida Colorado Real Estate Report
Home buyer activity in Chaffee County continued to slide in December as a result of lingering high interest rates. There were 23 closings throughout the month, down 43% from last year and 23% less than last month. The median price for those homes saw strong gains from last year and last month thanks … [Read more...] about December 2022 Buena Vista and Salida Colorado Real Estate Report
November 2022 Chaffee County Real Estate Report
The cooling the Chaffee County market saw in October continued into November. The number of closings in November dipped both month over month and year over year. Additionally, the number of homes pending sale decreased 7% year over year and 10% month over month. On the bright side, sellers brought … [Read more...] about November 2022 Chaffee County Real Estate Report
Chaffee County Updated Short Term Rental (STR) Licensing Information
Chaffee County recently published an update to the county's Short Term Rental (STR) rules and process. Below is the official resolution explaining the current regulations and process for owning and operating a Short Term Rental in Chaffee County. Properties in the municipalities of Buena Vista, … [Read more...] about Chaffee County Updated Short Term Rental (STR) Licensing Information
October Buena Vista and Salida Real Estate Report
Welcome to the Chaffee County Real Estate Report Chaffee County Colorado Real Estate Report: October metrics for the Buena Vista, Salida, Poncha Springs, and Nathrop housing market reflect a stabilizing market. The total number of listings that closed in October was higher than last year … [Read more...] about October Buena Vista and Salida Real Estate Report
September 2022 Buena Vista, CO and Chaffee County Real Estate Report
Chaffee County Housing Market September 2022 is very similar to the market Chaffee County saw in 2021, as well as the pre-pandemic market in 2019. Home prices remain strong, driven by 11 closings in the $700-800,000 range and 10 closings of homes priced above $800,000. The number of sales was … [Read more...] about September 2022 Buena Vista, CO and Chaffee County Real Estate Report
August 2022 Buena Vista and Salida Colorado Real Estate Report
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
Scope of the Chaffee County Local Housing Crisis
"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