Ho Ho Ho! Bring on the SNOW! The end of the year is typically marked by a seasonal slow down, customary in most markets across the country, as buyers are typically more focused on holidays, end of year responsibilities, travel and family time. While there are exceptions, especially in a resort market where we have new guests who are awestruck by the wonders of our amazing village, we never know what to expect this time of year for showings, offers, new listings.
We are still busy little elves delivering holiday cheer, good will, real estate advice and hustling- that’s what we do at REWP! This snippet is from the November market update posted on the Colorado Association of Realtors. In the past, Grand County didn’t get a mention in their stats so it’s nice that we are documented in their monthly post as it is helpful to share with you an added perspective: "Grand County’s median home value sits at $756,592, down 1.1% year over year, while single-family prices remain higher at $1.09 million due to larger mountain properties. Days on market have climbed to 129, and inventory levels indicate a shift toward a balanced market. Yet long-term prospects are strong, driven by Winter Park’s $2 billion resort expansion, increased inventory, steady rental demand, and continued interest in updated, well-priced homes. The region now offers stable, strategic opportunities for buyers, while sellers succeed with realistic pricing and strong presentation."
We look forward to presenting you with a comprehensive look at 2025 in the new year and make our predictions for 2026 and what that may bring in our local market and real estate in general across the country, new trends, interest rate predictions, economic forecasts impacting buyers and sellers and other trade secrets we are learning in our day to day adventures in this crazy, dynamic business.
We hope to see you over the holidays. Stop by, give a call, shoot a text. May you have a peaceful, joyful and healthy holiday season.
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