In November, a record number of homes closed in Chaffee County compared to this same month in previous years. Throughout the month 49 homes Closed in Chaffee County, a 4% year-over-year increase and an 11% increase month over month.
Home prices in Chaffee county hit a record high for the month of November with the Median Closed Price hitting $625,000, 36% more year over year and a 12% increase month over month. Single-family homes closed for a median price of $680,000, 37% more year over year and 12% more month over month.
In November, 26 new listings hit the Chaffee County market, down 38% year over year and a 50% decrease month over month. The month ended with 55 Active listings, 21% fewer than we saw in November 2020 and 11% fewer than last month. Currently, there are 5 weeks of inventory available in Chaffee County, 1 week less than this time last year and 1 week more compared to last month.