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October 2021 Chaffee County Real Estate Report

November 11, 2021 By Mark Krasnow

MEDIAN CLOSED PRICES
Chaffee County home prices continued to see record highs in October. The Median Closed Price hit $560,000, an increase of 20% from last year, but an 8% decrease compared to last month. Median Single-Family Residential prices saw a 28% increase year over year and the median price for Condo/Townhome/ Multi-Family properties was 24% higher than last year. The Average Closed Price for a Chaffee County home was $624,160 in October, a 21% year-over-year increase, but a 10% decrease month over month.

NEW LISTINGS
There were 52 New Listings to hit the market throughout October, 11% more than last October and 16% more than last month. The month ended with 62 Active Listings of homes for sale in Chaffee County, 15% fewer than last October and 13% fewer than last month. In Chaffee County, there were 6 weeks of inventory available in October, 2 weeks more than last October and unchanged compared to last month.

MEDIAN DAYS IN MLS
Homes were only on the market for a median of 9 days in October. This is 21 days fewer than October 2020 and 4 days more than last month. Chaffee County homes spent an average of 20 days Active in the MLS, 67 days fewer than last year and 1 day more month over month.

 

 

Filed Under: Real Estate Report

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Mark Krasnow
Broker Associate
Full Circle Real Estate Group
316 W Main St Buena Vista, CO
(719) 221-1500 (c)
(719) 395-0101 (o)

 

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