The Chaffee County housing market continued to experience lower sales volume in November. The number of closings dropped -11.5% compared to November ’22 and saw a -20% year-over-year decrease. The median price of a single family home in Chaffee County was $635,000, which is -1% less than last November ‘22. Properties spent a median of 68 days available in the MLS before being purchased, 68% Longer than last year. Lack of new inventory contributed to slow sales volume. 22 single family new listings in November which was -24% lower inventory than last year.
Average Home Price – $749,818
2% increase from’22
Median Home Price – $635,000
-1% decrease from ‘22
Days on Market – 63
66% Increase from ‘22
Inventory - 142 For sale
-11% decrease from ‘22
Latest Area Stats: https://rocc.realtor/market-stats/https://rocc.realtor/market-stats/
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