Looking for a great real estate deal to enjoy the best Colorado has to offer? According to recent multiple listing source data from ColoradoRealtors.com, Grand County offers some of the best price-to-value ratios in Colorado in 2018.
Here’s the breakdown:
Average Single Family Home Sales by County (January 2017 – December 2017):
Grand County: $479,749
Summit County: $1,180,590
Eagle County: $1,300,000
Pitkin County: $3,278,559
Average Townhome/Condo Sales by County (January 2017 – December 2017)
Grand County: $300, 371
Summit County: $544,349
Eagle County: $825,000
Pitkin County: $1,585,237
For reference, each real estate average price based on county, which include cities within:
Grand County: Fraser, Granby, Grand Lake, Hot Sulphur Springs, Kremmling, Parshall, Tabernash, Winter Park
Summit County: Blue River, Breckenridge, Copper Mountain, Dillon, Frisco, Heeney, Keystone, Montezuma, Silverthorne
Eagle County: Avon, Basalt, Dotsero, Eagle, Edwards, El Jebel, Fulford, Gypsum, McCoy, Minturn, Red Cliff, Vail, Wolcott
Pitkin County: Aspen, Basalt, Norrie, Redstone, Snowmass Village, Woody Creek
As you can see, Grand County's real estate prices compared to other resort counties’ are dramatically lower while providing similar access to the amenities that Colorado is renowned for. Compared to Denver (population: 682,545 as of 2015) and Boulder (population: 180,090 as of 2016), Grand County is similarly priced with the perks of enjoying the outdoors and a less crowded atmosphere—with only 14,615 residents. The adjacent counties to Grand County, Summit and Eagle, feature slightly-higher real estate prices than Grand County’s listing, with Pitkin County—only a 3-4 hour drive away, is astronomically higher. Therefore, Grand County’s real estate value for homeowners provides more “bang for the buck” than comparable markets.
The takeaway is that if you want to become part of Colorado’s growing real estate boom and enjoy everything the state has to offer, Grand County is your most affordable offer when compared to similar locales. Looking for a home now? Contact me today to begin experiencing Grand County!
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