Evergreen, Colorado Real Estate Market Update: August 2022 – July 2023
Evergreen Colorado Real Estate
The real estate market in Evergreen, Colorado, has experienced significant fluctuations over the past year. This article provides a comprehensive update on the market trends observed from August 2022 to July 2023, based on approximately 470 listings from systems including REcolorado, ROCC, SSBR, and IRES*.
Market Trends
In August 2022, the average closing price for properties in Evergreen was $925,234, with properties spending an average of 21 days on the market. However, by September 2022, the average closing price had increased significantly to $1,159,232, and properties were listed for an average of 45 days.
In October 2022, the average closing price decreased slightly to $1,046,542, with properties spending an average of 26 days on the market. This downward trend in price continued into November and December, with average closing prices of $981,685 and $957,725 respectively, and average listing durations of 36 and 38 days.
The new year brought a slight increase in the average closing price, with properties in January 2023 selling for an average of $1,018,424 after 50 days on the market. However, February saw a decrease in the average closing price to $910,288, with properties listed for an average of 49 days.
In March 2023, the average closing price dropped further to $874,452, and properties spent an average of 41 days on the market. However, April saw a significant increase in the average closing price to $1,064,963, with properties listed for an average of 26 days.
May 2023 saw the highest average closing price for the year at $1,147,657, with properties spending an average of 20 days on the market. However, this was followed by a decrease in June to an average closing price of $947,822 and an average listing duration of 24 days.
By July 2023, the average closing price had decreased to $839,309, the lowest for the year. However, properties were also spending the least amount of time on the market, with an average of 11 days.
Evergreen Colorado Real Estate
The real estate market in Evergreen, Colorado, has shown considerable variation over the past year, with average closing prices ranging from $839,309 to $1,147,657. The average time properties spent on the market also varied, ranging from 11 to 50 days. These trends highlight the dynamic nature of the Evergreen real estate market and underscore the importance of timely market updates for both buyers and sellers.
| Month | Average Close Price | Average Days in MLS |
|---|---|---|
| Aug 2022 | $925,234 | 21 |
| Sep 2022 | $1,159,232 | 45 |
| Oct 2022 | $1,046,542 | 26 |
| Nov 2022 | $981,685 | 36 |
| Dec 2022 | $957,725 | 38 |
| Jan 2023 | $1,018,424 | 50 |
| Feb 2023 | $910,288 | 49 |
| Mar 2023 | $874,452 | 41 |
| Apr 2023 | $1,064,963 | 26 |
| May 2023 | $1,147,657 | 20 |
| Jun 2023 | $947,822 | 24 |
| Jul 2023 | $839,309 | 11 |
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I'm Dan Skelly, the Broker/Owner/Agent at Orson Hill Realty in Evergreen, Colorado. I'm here to provide you with a comprehensive guide on buying a home in Evergreen, a picturesque town nestled in the foothills of the Rocky Mountains.
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