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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grand County is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Grand County was a Buyer's Market.

Key Takeaway

Grand County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Grand County, CO

How much do homes in Grand County, CO cost?

Median Sold Price

$783,750

$545/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$33,250(-4.1%)

Key Takeaway

Homes in Grand County have sold for 4.1% less than they did a year ago.

Summary: The median home sold price in Grand County was $783,750 in November 2024, down 4.1% from last year, and the median price per square foot was $545.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $566.1K$430K
-24.0%
2 $569.9K$567.5K
-0.4%
3 $777.5K$907.5K
+16.7%
4 $1.2M$1.1M
-7.1%
5+ $825K$2.0M
+147.3%

Summary: Grand County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 24%, 2 bedroom homes decreased by 0.4%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 7.1%, and 5+ bedroom homes increased by 147.3%.

Median Sold Price Compared To Nearby Counties

Grand County
-4.1%
Gilpin County
-12.9%

Housing Supply in Grand County, CO

How many homes are available in Grand County, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
235227-3.4%

Summary: The Grand County real estate market had 227 homes for sale in November 2024, a 3.4% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2322
-4.3%
2 6973
+5.8%
3 6764
-4.5%
4 4438
-13.6%
5+ 3230
-6.3%

Summary: The Grand County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 4.3%, 2 bedroom homes increased by 5.8%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes decreased by 6.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
3034+13.3%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grand County, you may be able to get a good deal. 85.3% of homes here sold below asking price last month.

Summary: A total of 34 homes were sold or pending in Grand County in November 2024, up by 13.3% month-over-month. Of the 34 sold homes, 85% were sold under asking, 9% were sold at asking, and 6% 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

Nov 2023Nov 2024CHANGE
69 Days77 Days+10.9%

Summary: Homes in Grand County had an average of 77 days on market in Nov 2024, up by 10.9% compared to last year.

Breakdown of Home Sale Times

11 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 34 homes were sold in Grand County; 32% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 41% 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 17 Days Ago

Newest Listings in Grand County, CO

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