How's The Market?
How's the Market?
We hear a common refrain from would-be buyers on the streets: “But there’s
just no inventory!” The numbers tell a different story. There are currently 69
offerings across Routt County, the same number as last month, but there were
84 closings county-wide. The average days on market also remains incredibly
low, currently at just seven days.
The numbers tell us a couple of things: First, that listings go under contract
almost as quickly as they’re put on the market. Second, while standing inventory
has remained persistently low, the number of actual closings has ticked up
showing that there is inventory; it just sells fast. This has been the trend in Routt
County for the last dozen years, however the pandemic super-charged it.
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