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Chaffee County Housing Market Update - December 2024 ​

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Chaffee County Realestate Market Trends
Chaffee County Realestate Market Trends

If you're considering buying or selling a home in Chaffee County, here's a quick update on the latest market trends. December saw 27 home closings, a 10% decrease from last year and a 40% drop from November. ​ The median closed price was $635,000, down 5% year-over-year and 3% month-over-month. ​ Despite fewer closings, buyer activity remained strong with 24 contracts executed, a 14% increase from last year. ​


For those looking at listings for sale, there were 147 active listings at the end of December, 5% fewer than last year but 5% more than last month. ​ Homes spent a median of 65 days on the market, slightly less than last December but longer than November. ​ Sellers added 36 new listings, a significant 33% increase from last year. ​


In the Salida area real estate market, home closings dropped by 29% year-over-year but saw a slight 9% increase from November. ​ The median closed price in Salida rose by 3% year-over-year. ​ New listings in Salida surged by 50% compared to last year, providing more options for buyers.


Overall, the Chaffee County housing market remains active with a mix of trends that could benefit both buyers and sellers. ​ Stay tuned for more updates and happy house hunting!


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