There is a lot of talk about what is happening in the world of real estate in Grand County these days. Our market is so dynamic and resists many of the national trends. In times like these, there tends to be a lot of number spinning to present the information buyers and sellers want to hear. Be sure to check the source of this information. The best stats for Grand County come from the Colorado MLS as this provides a holistic picture of the real estate market and includes all property sales, including those by realtors who live outside Grand County.
These are stats we follow, along with daily updates from title companies so we can provide expert insights to our buyers and sellers.
We are seeing more cash sales for homes above one million and a slowdown in buying for the lower priced homes. This is attributed to higher interest rates. There is a steady increase in the new listings coming on the market every week. And, depending on the town and the type of property, you could be looking at a buyers or a sellers market.
We look at the data and augment it with the insights and stories we hear from our clients and leaders in the community. This gives us a deeper understanding of our market and helps us set realistic expectations for our clients.
Ok, lets face it, we are data nerds. Would you like to get to know Grand County by the numbers? Please give us a call or fill out the form below.
You can learn more by watching this video, too.