Posted on 28 Jan
Photo from: Travel Crested Butte
The Gunnison real estate market shows a mix of trends across property types. Single-family home sales decreased by 26%, with an 11% increase in average sales price. Days on market shortened by 38%, reflecting stronger buyer interest in limited inventory.
For condos and townhomes, sales fell by 53%, though prices rose by 16%. Again limited inventory is playing a role in the decreased number of sales. The land market was the only category with a slowdown that wasn't tied to limited inventory. Sales dipped 20%, a 9% decline in the average sales price, and a 41% surge in days on market, signaling slower demand for Gunnison lots.
These figures highlight a dynamic year for Gunnison real estate, marked by price resilience amid fewer transactions. Contact us for more insights or to explore current opportunities. If you want to browse the current inventory in the Gunnison market, visit our website.
The Howe Group would love to share its real estate market knowledge with you. Please contact us at any time to learn more about our market.
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