The Chaffee County housing market experienced seasonal cooling in September. After peaking last month, the
number of closings dropped 19% compared to August. Year over year, closings were down 12.5%. The number of
listings that moved to Pending as a result of a contract, was 30% less than last month, indicating closing activity
could see a tapering off over the next several months. Throughout the month, homes spent a median of 26 days
actively available for sale. The median closed price for homes was unchanged from last month and down 4% from
last year. Sellers brought 32 fresh listings to the market, which was 52% less than last month and 39% less than last year. All
the new listings that hit the market were single-family homes. Six of those new listings are priced at $1M or more.