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September 2023 Chaffee County Real Estate Report

October 13, 2023 By Mark Krasnow

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.

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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