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

$290,000

$274/sqft

Based on all homes sold in December 2024.

Difference Since Last Month

-$260,000(-47.3%)

Key Takeaway

Homes in Kremmling have sold for 47.3% less than they did a month ago.

Summary: The median home sold price in Kremmling was $290,000 in December 2024, down 47.3% from last month, and the median price per square foot was $274.

Median Sold Price By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 -$290K
N/A
2 --
N/A
3 $465K-
N/A
4 --
N/A
5+ $635K-
N/A

Summary: Kremmling housing prices by bedroom type for December 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 did not change, 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

Nov 2024Dec 2024CHANGE
63-50.0%

Summary: The Kremmling real estate market had 3 homes for sale in December 2024, a 50.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 11
0.0%
3 31
-66.7%
4 00
0.0%
5+ 10
-100.0%

Summary: The Kremmling housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 66.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

1 Home Was 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 1 homes were sold or pending in Kremmling in December 2024, down by 50.0% month-over-month. Of the 1 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

Nov 2024Dec 2024CHANGE
57 Days58 Days+0.9%

Summary: Homes in Kremmling had an average of 58 days on market in Dec 2024, up by 0.9% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kremmling has remained consistent over time.

Summary: During December 2024, 1 homes were sold in Kremmling; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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 4 Days Ago

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