Real Estate Market Active Across the State

“It’s a sellers market” will be a phrase we will continue to hear throughout Colorado as a state.  Garfield County recently received year-end reports from the Colorado Association of REALTORS market trends and statistics report distributed by the Glenwood Springs Association of REALTORS.  Year-end reports showed new listings increased 1.5% for single-family homes with an increase of median home sales price at 7.3%.  Ultimately, the market was less affordable for buyers, but provided a small and stable inventory.  While seller saw higher sales prices and less time on the market.

To read further statistics on Garfield County’s year-end review visit the article from Glenwood Springs Post Independent by John Stroud HERE