By the numbers: Grand County’s real estate market
July 6, 2015
As the summer real estate market heats up in Grand County, year-to-date average prices for homes are up while condos are down, according to data from the Grand County Board of Realtors.
Granby, Grand Lake and Winter Park all saw single-family home prices up over last year, with Kremmling seeing prices nearly double.
Comparatively, home prices were down slightly in Hot Sulphur Springs, according to data.
While home prices have mostly climbed, condo prices have done very much the opposite through June 2015.
Only Winter Park saw an increase in average condo prices, while all other areas saw prices drop.
Year to date sales volume also saw broad increases throughout the county for both single-family homes and condominiums.
Only Winter Park saw a drop in sales volume for single-family homes, according GCBOR.
With overall book section totals for residential and condominium properties up through June, it appears that 2015 will again be a step up for Grand County's post-recession real estate market.
From 2013 to 2014, the market also saw a net increase in sales volume and average sale price for residential properties and sales volume for condominium properties.
Average sale price for condominiums shrunk slightly.
Average sale price and sales volume for single-family homes in the Kremmling area showed the most growth from 2013 to 2014, while sales volume shrunk slightly for Winter Park.
Total year-to-date inventory is down for both condominiums and single-family homes from last year. Single-family homes saw the number of total active properties drop in every data area.
Year-to-date figures for total active condominium properties increased in Grand Lake and Granby but fell in Winter Park, leading to an overall decrease.