Park County Market Update: Quarter 3 Comparison
We’ve just wrapped up Quarter 3 for 2024, and the numbers are in! Here’s how the real estate market in Park County compares to last year:
- New Listings are up 11%, with 163 new homes hitting the market this year compared to 147 in 2023.
- Closed Home Sales saw a 12% increase, with 114 homes sold in Q3 2024 versus 102 last year.
- Sold Price vs. List Price dipped slightly from 96% to 95%, meaning sellers are still securing close to their asking prices.
- Average Days on Market increased by 13%, from 63 days to 71 days this year, so homes are taking a bit longer to sell.
- Average Sold Price saw a significant jump—up 14%—from $453,917 to $518,267.
The market remains strong, with both listings and sales on the rise, along with an increase in property values. If you're curious about what this could mean for your home or are thinking about buying or selling, feel free to reach out. We're always here to help with any questions you may have!
