Is Grand County, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Grand County was a Seller's Market.
Housing Prices in Grand County, CO
How much do homes in Grand County, CO cost?
Median Sold Price
$750,000
$512/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Grand County was $750,000 in March 2024, down 3.6% from last year, and the median price per square foot was $512.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $379.9K | $414K | +9.0% |
2 Bedrooms | $599K | $602.5K | +0.6% |
3 Bedrooms | $810K | $795K | -1.9% |
4 Bedrooms | $1.1M | $1.0M | -10.3% |
5+ Bedrooms | $1.8M | $1.6M | -11.8% |
Summary: Grand County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9%, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 11.8%.
Median Sold Price Compared To Nearby Counties
Summit County | $1.0M | $1.0M | +2.6% |
Gilpin County | $577.5K | $575K | -0.4% |
Grand County | $777.8K | $750K | -3.6% |
Clear Creek County | $565K | $500K | -11.5% |
Housing Supply in Grand County, CO
How many homes are available in Grand County, CO?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
152 | 181 | +19.1% |
Summary: The Grand County real estate market had 181 homes for sale in March 2024, a 19.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 16 | 22 | +37.5% |
2 Bedrooms | 39 | 56 | +43.6% |
3 Bedrooms | 43 | 45 | +4.7% |
4 Bedrooms | 29 | 34 | +17.2% |
5+ Bedrooms | 25 | 24 | -4.0% |
Summary: The Grand County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 37.5%, 2 bedroom homes increased by 43.6%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 17.2%, and 5+ bedroom homes decreased by 4%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
17 | 20 | +17.6% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 20 homes were sold or pending in Grand County in March 2024, up by 17.6% month-over-month. Of the 20 sold homes, 65% were sold under asking, 15% were sold at asking, and 20% were sold over asking.
Days on Market for Grand County, CO
How long does it take to sell a home in Grand County, CO?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
94 Days | 113 Days | +19.6% |
Summary: Homes in Grand County had an average of 113 days on market in Mar 2024, up by 19.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 20 homes were sold in Grand County; 25% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 55% of homes were sold over 90 days.