Is Routt County, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Routt County is a seller's market

Buyer's
Market

Difference Since June 2021

Since last year, Routt County has remained a Seller's Market.

Key Takeaway

Routt County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Routt County, CO cost?

Median Sold Price

$863,055

$557/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2021

+$221,565(+34.5%)

Key Takeaway

Homes in Routt County have sold for 34.5% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSJun 2021Jun 2022%
1 $315K$425K
+34.9%
2 $471K$645K
+36.9%
3 $653.3K$877.1K
+34.3%
4 $1.1M$1.4M
+32.4%
5+ $1.6M$2.1M
+35.1%

Median Sold Price Compared To Nearby Counties

Routt County
+34.5%
Grand County
+14.5%
Jackson County
+7.0%

How many homes are available in Routt County, CO?

Number of Homes For Sale

May 2022Jun 2022%
228271+18.9%

Homes For Sale By Bedroom Count

# BEDSMay 2022Jun 2022%
1 1618
+12.5%
2 4456
+27.3%
3 7086
+22.9%
4 6172
+18.0%
5+ 3739
+5.4%

Number of Homes Sold

May 2022Jun 2022%
6264+3.2%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

30 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Routt County, you could pay more than the asking price. 46.9% of homes here sold above asking price last month.

Average Sale Time

Jun 2021Jun 2022%
73 Days12 Days-83.7%

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Routt County are selling fast, if you're buying plan to act quickly.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

About Routt County, CO

Number of homes for sale in Routt County, CO real estate market have reached 271. The number of homes for sale in Routt County, CO increased by 18.9% between May 2022 and June 2022. Listings spent 12 days on the market in June 2022, and had a median list price of $863,055 during the same period. From May 2022 through June 2022, the following changes in listing prices were observed in this housing market: 1 bedroom properties prices increased by 34.9%, prices of 2 bedrooms properties increased by 36.9%, prices of 3 bedrooms properties increased by 34.3%, 4 bedrooms properties became 32.4% more expensive, 5 bedrooms properties became 35.1% more expensive. Housing inventory have changed in this real estate market: the quantity of 1 bedroom homes went up by 12.5%, 2 bedrooms homes inventory increased by 27.3%, 3 bedrooms homes became 22.9% more available, number of 4 bedrooms homes increased by 18%, 5 bedrooms homes inventory increased by 5.4%. Over 30 listings were sold over their listed price in June 2022 in Routt County, CO. In the same period over 25 listings were sold below the listed price and 9 listings were sold for the listed price.

Related Housing Market Reports