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 buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Grand County, CO

How much do homes in Grand County, CO cost?

Median Sold Price

$799,000

$532/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$17,500(-2.1%)

Key Takeaway

Homes in Grand County have sold for 2.1% less than they did a year ago.

Summary: The median home sold price in Grand County was $799,000 in October 2024, down 2.1% from last year, and the median price per square foot was $532.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $566.1K$439K
-22.5%
2 $564.9K$575K
+1.8%
3 $765.5K$910.3K
+18.9%
4 $1.2M$1.1M
-3.5%
5+ $1.1M$2.2M
+88.4%

Summary: Grand County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.5%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 18.9%, 4 bedroom homes decreased by 3.5%, and 5+ bedroom homes increased by 88.4%.

Median Sold Price Compared To Nearby Counties

Clear Creek County
+3.3%
Grand County
-2.1%
Gilpin County
-13.6%

Housing Supply in Grand County, CO

How many homes are available in Grand County, CO?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
230243+5.7%

Summary: The Grand County real estate market had 243 homes for sale in October 2024, a 5.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1922
+15.8%
2 6872
+5.9%
3 6267
+8.1%
4 5150
-2.0%
5+ 3032
+6.7%

Summary: The Grand County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.8%, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 8.1%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 6.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3429-14.7%

Asking Price vs. Sold Price

21 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 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. 72.4% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Grand County in October 2024, down by 14.7% month-over-month. Of the 29 sold homes, 72% were sold under asking, 17% were sold at asking, and 10% 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

Oct 2023Oct 2024CHANGE
32 Days110 Days+237.0%

Summary: Homes in Grand County had an average of 110 days on market in Oct 2024, up by 237% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

6 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 October 2024, 29 homes were sold in Grand County; 31% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 48% 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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