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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kremmling is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Kremmling has remained a Seller's Market.

Key Takeaway

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

Housing Prices in Kremmling, CO

How much do homes in Kremmling, CO cost?

Median Sold Price

$550,000

$273/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$200,000(+57.1%)

Key Takeaway

Homes in Kremmling have sold for 57.1% more than they did a month ago.

Summary: The median home sold price in Kremmling was $550,000 in November 2024, up 57.1% from last month, and the median price per square foot was $273.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 $350K$465K
+32.9%
4 --
N/A
5+ -$635K
N/A

Summary: Kremmling 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 did not change, 3 bedroom homes increased by 32.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Kremmling, CO

How many homes are available in Kremmling, CO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
87-12.5%

Summary: The Kremmling real estate market had 7 homes for sale in November 2024, a 12.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 12
+100.0%
3 53
-40.0%
4 00
0.0%
5+ 11
0.0%

Summary: The Kremmling housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 40%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 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 Kremmling, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Kremmling in November 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Kremmling, CO

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

Average Sale Time

Oct 2024Nov 2024CHANGE
27 Days57 Days+109.1%

Summary: Homes in Kremmling had an average of 57 days on market in Nov 2024, up by 109.1% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 2 homes were sold in Kremmling; 50% of homes were sold within 30 days, 0% 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

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