High Country Real Estate Market Review, December 2022
During the month of December, the High Country MLS reported 175 residential home sales totaling $88.2 million. As we would except with limited inventory the number of closed transactions during the month of December was down from December of 2021 when the MLS reported 249 residential sales One thing that is staying steady and even up is the median sales price at $385,000.00 during December of 2022. The median in December of 2021 was $355,000.00. However, December’s median home price is down in comparison to previous months of 2022 due to less inventory leading to softening of prices.