October 2024
Overall, the Gunnison County real estate market saw an increase in demand and inventory in October when compared to last year. There were 47 pending sales, a 38% increase from September and a 74% jump from last year at this time. October 2023 saw just 27 listings go under contract. Days on market decreased 28% YoY to 142 days, on average. Months supply of inventory decreased from 8.4 months in September to 6.8 months in October. This was nearly in line with what we saw last year (6.7 months). Prices decreased significantly YoY for both single family homes and condos. The median price for single family homes saw the largest drop, down 57% from last year.
Key highlights are below.
ACTIVE LISTINGS
215 New Listings
⬆ 0.5 % Compared to Last Year
NEW LISTINGS
37 New Listings
⬆ 19.4 % Compared to Last Year
PENDING LISTINGS
47 Pending Sales
⬆ 74 .1% From last year
MONTHLY SUPPLY
6.8MONTHLY SUPPLY
⬆ 1.5% From last year
PERCENT OF CLOSED PRICE TO LIST PRICE
96.7% CLOSED TO LIST
⬆ 1.3% From last year
