How's the Market? - Basalt September 2024 Market Report
Sold Listings: 4 -63.6%
Average: $2,177,500 -9.8%
Days on Market: 160 Days +138.8%
The Average Sales Price in Basalt recovered from sluggish August sales - Average Sales price was 2,177,500, gaining 61% month over month. Average Sales price is down 10% year over year, and aksi down 10% year to date. Inventory is holding steady at 26, however the absorption rate is 12% lower than last year. Based on these indicators I expect the market to finish the year flat - similar to the past three years. Call or email me if you are considering getting active in the market and would like to discuss.
Note that the chart is monthly data leveled across the past 3 months.
https://drive.google.com/file/d/1imEJiTXPbkj3GbXQjYU3pmXeAYzX4vRT/view?usp=sharing
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