March 6, 2024 – MyMarketPulse (mymarketpulse.com) just released the list of the Hottest Markets in Colorado for January 2024.
Where are homes selling fastest and at the best prices? Curious if there are markets in Colorado where there is a high demand for homes? MyMarketPulse took a deep dive into it, exploring where in Colorado the markets are the hottest.
What We Found
We looked at each county, pulling up the median sale prices sales volume from Redfin, focusing on counties with 25 or more home sales per month. We assign a MarketPulse score based on the three-month weighted average of home sales volume and sale prices versus previous twelve months. Counties were then ranked from highest to lowest based on this score.
The Highlights
In Colorado, the hottest-selling market is Grand County, where the MarketPulse Score is 98 and the median sales price comes in at $1,334,224 with 26 homes sold.
On the flip side, Broomfield County sits at the bottom of the market with a MarketPulse Score of 82 with 32 homes sold.
Hottest Markets in Colorado
1. Grand County. MarketPulse Score of 98
2. Fremont County. MarketPulse Score of 87
3. Weld County. MarketPulse Score of 86
4. Adams County. MarketPulse Score of 86
5. Pueblo County. MarketPulse Score of 85
For more information about the Colorado market, visit MyMarketPulse.com.
MyMarketPulse is a free service of Digital Build Team (DBT, DigitalBuildTeam.com). Its goal is to help everyone quickly understand and compare real estate markets by providing timely data and visual analysis to help explain current market trends and predict future opportunities.
MyMarketPulse – Know What the Pros Know