Like other parts of the state, Chaffee County saw an increase in homes closed and median closed prices with fewer new listings year over year, indicating a competitive housing market. The housing market still shows significant recovery compared to last year, as consumer hesitancy due to the coronavirus pandemic brought things to a halt this time last year. At the end of May, Chaffee County had only 4 weeks of inventory available with homes spending a median of only 8 days in the MLS. Get the full details by looking at the complete Chaffee County market statistics report.
Home prices in Chaffee County continue to climb and set records. In April, the Median Closed Price reached $550,500, a year-over-year increase of 45% and a month-over-month increase of 13%. Single-Family Homes closed for a median price of $584,000 and Condo/Townhomes/Multi-family homes closed for a median price of $377,450, both record highs compared to any other April on
record. Homes in Chaffee County closed at an average price of $641,742 which is 60% higher than last year and unchanged compared to last month.