Is Granby, CO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Granby is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Granby has remained a Buyer's Market.

Key Takeaway

Granby is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Granby, CO

How much do homes in Granby, CO cost?

Median Sold Price

$539,000

$558/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$513,000(-48.8%)

Key Takeaway

Homes in Granby have sold for 48.8% less than they did a month ago.

Summary: The median home sold price in Granby was $539,000 in November 2024, down 48.8% from last month, and the median price per square foot was $558.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $530K$508K
-4.2%
3 $1.2M$777.5K
-35.7%
4 $1.1M$467K
-59.2%
5+ --
N/A

Summary: Granby housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.2%, 3 bedroom homes decreased by 35.7%, 4 bedroom homes decreased by 59.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Tabernash
+139.4%
Granby
-48.8%

Housing Supply in Granby, CO

How many homes are available in Granby, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7680+5.3%

Summary: The Granby real estate market had 80 homes for sale in November 2024, a 5.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 68
+33.3%
2 2424
0.0%
3 1821
+16.7%
4 1918
-5.3%
5+ 99
0.0%

Summary: The Granby housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Granby, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Granby in November 2024, up by 60.0% month-over-month. Of the 8 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Granby, CO

How long does it take to sell a home in Granby, CO?

Average Sale Time

Oct 2024Nov 2024CHANGE
113 Days106 Days-5.9%

Summary: Homes in Granby had an average of 106 days on market in Nov 2024, down by 5.9% compared to last month.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Granby are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 8 homes were sold in Granby; 38% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.

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

Report Updated 2 Days Ago

Newest Listings in Granby, CO

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