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HeatherWoodward and her team have made a commitment to keeping clients one step ahead and have earned a reputation as one of the most trusted and forward-thinking real estate groups in the area. We are passionately dedicated to creating an exceptional experience through effective communication and the best of marketing and project management technology.

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    September 2024 – Market Trends

    According to data gathered by Colorado Real Estate Network:

    September 2024

    The Gunnison County real estate market saw an uptick in inventory in September when compared to last year at this time. Active listings increased by 8% YoY and months supply of inventory also increased by 9% YoY to 8.2 months. Homes moved quicker, spending an average of 116 days on market, a 25% decrease from 2023 and a decrease of 17% when compared to August. Demand was up slightly with pending listings increasing by 15% YoY to 39 listings.

    The average prices of both single-family homes and condos rose both MoM and YoY, with condos experiencing the largest increase—a 36% jump YoY.

    Key highlights are below.

    ACTIVE LISTINGS

    250 New Listings
    ⬆ 8.2% Compared to Last Year

    NEW LISTINGS

    36 New Listings
    ⬇ 10 % Compared to Last Year

    PENDING LISTINGS

    39 Pending Sales
    ⬆ 14 .7% From last year

    MONTHLY SUPPLY

    8.2 MONTHLY SUPPLY
    ⬆ 9. 3% From last year

    PERCENT OF CLOSED PRICE TO LIST PRICE

    96.2% CLOSED TO LIST
    ⬇ 1.7% From last year

     

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