Real Estate of Winter Park Market Update November 2023

Townhomes in the Granby Area*

WINTER PARK AREA STATS

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Monthly Market Update I November

Winter Park Area

All statistics date range: 11/1/2023 through 11/30/2023

Single Family Homes

Percent change from same month, previous year

$1,600,000 Average Sold Price

Average & Median Sold Price I November

+15% $1,800,000 $1,600,000

109

Average Days on Market

-71%

$1,400,000 $1,200,000 $1,000,000 $800,000

6 # of Sold Listings

-25%

$600,000 $400,000 $200,000

$671.06 Price Per Sq Ft

94 Percent of List

$0

+31%

2023

Median Sold Price

2019

Median Sales Price

Year over Year - YTD Nov ‘22 Nov ‘23

Percent change from Previous Month

Thru Nov '22 Thru Nov '23 from Previous Year Percent change

8

6

-25%

97

95

-2%

Average Sales Price

$1,393,758

$1,600,000

+15%

$1,658,773

$1,487,664

-10%

Median Sales Price

$1,284,464

$1,247,500

-3%

$1,520,000

$1,450,000

-5%

371

109

-71%

156

170

+9%

Percent of List Price

103%

94%

-9%

101%

98%

-3%

Price per Sq Ft

$512.19

$671.06

+31%

$573.02

$527.31

-8%

Sold Listings

Days on Market

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2020

For the Left Brained

-9%

-3%

2021

Average Sales Price

Single Family Homes in the Winter Park Area*

$1,247,500

2022

Monthly Market Update I November

Winter Park Area

All statistics date range: 11/1/2023 through 11/30/2023

Condos

Percent change from same month, previous year

$846,404

+25%

Average & Median Sold Price I November

Average Sold Price

$1,000,000 $900,000

294

Average Days on Market

+230%

$800,000 $700,000 $600,000 $500,000

17 # of Sold Listings

+89%

$400,000 $300,000 $200,000

$789.65

$100,000

+14%

$0 2023

Price Per Sq Ft

104 Percent of List

$876,075 Median Sold Price

2022

2021

Average Sales Price

2020

For the Left Brained

+5% Condos in the Granby Area*

+54%

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2019

Median Sales Price

Year over Year - YTD Nov ‘22 Nov ‘23

Sold Listings

Percent change from Previous Month

Thru Nov '22

Thru Nov '23

Percent change from Previous Year

9

17

+89%

195

209

+7%

Average Sales Price

$678,067

$846,404

+25%

$692,375

$725,788

+5%

Median Sales Price

$569,000

$876,075

+54%

$659,000

$704,055

+7%

Days on Market

89

294

+230%

48

292

+508%

Percent of List Price

99%

104%

+5%

101%

102%

+1%

$691.03

$789.65

+14%

$701.95

$725.43

+3%

Price per Sq Ft

Monthly Market Update I November

Winter Park Area

All statistics date range: 11/1/2023 through 11/30/2023

Townhomes

Percent change from same month, previous year

$1,311,711

Average & Median Sold Price I November

+5%

Average Sold Price

$1,400,000

142

$1,200,000

Average Days on Market

-30%

$1,000,000 $800,000

12

# of Sold Listings

-14%

$600,000 $400,000 $200,000

$637.56

+1%

$0 2023

Price Per Sq Ft

99 Percent of List

2022

2021

Average Sales Price

2020

For the Left Brained

+0% Townhomes in the Winter Park Area*

$1,307,392 Median Sold Price

Year over Year - YTD Nov ‘22 Nov ‘23

+4%

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2019

Median Sales Price

Sold Listings

Percent change from Previous Month

Thru Nov '22

Thru Nov '23

Percent change from Previous Year

14

12

-14%

91

76

-16%

Average Sales Price

$1,246,394

$1,311,711

+5%

$1,080,275

$1,130,206

+5%

Median Sales Price

$1,262,500

$1,307,392

+4%

$994,900

$1,099,004

+10%

Days on Market

202

142

-30%

265

212

-20%

Percent of List Price

99%

99%

0%

102%

101%

-1%

$630.90

$637.56

+1%

$584.57

$628.21

+7%

Price per Sq Ft

Monthly Market Update I November

Winter Park Area

All statistics date range: 11/1/2023 through 11/30/2023

Vacant Land

Percent change from same month, previous year

$397,500

Average & Median Sold Price I November

-85%

Average Sold Price

$3,000,000

$2,500,000

170

+32%

Average Days on Market

$2,000,000

$1,500,000

3 # of Sold Listings

93

-25%

$1,000,000

$500,000

$0

Percent of List

$352,500 Median Sold Price

2023

-6%

-8%

2022

2021

Average Sales Price

-30%

Price Per Acre

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2019

For the Left Brained Vacant Land in the Winter Park Area*

Year over Year - YTD Nov ‘22 Nov ‘23

$318,094

2020

Median Sales Price

Percent change from Previous Month

Thru Nov '22

Thru Nov '23

Percent change from Previous Year

4

3

-25%

63

47

-25%

Average Sales Price

$2,710,825

$397,500

-85%

$567,830.00

$429,700

-24%

Median Sales Price

$381,500

$352,500

-8%

$315,000

$300,000

-5%

Days on Market

129

170

+32%

138

135

-2%

Percent of List Price

99%

93%

-6%

97%

96%

-1%

$457,080

$318,094

-30%

$1,552,510

$472,801

-70%

Sold Listings

Price Per Acre

GRANBY AREA STATS

Monthly Market Update I November

Granby Area

All statistics date range: 11/1/2023 through 11/30/2023

Single Family Homes

Percent change from same month, previous year

$1,405,917

+73%

Average Sold Price

Average & Median Sold Price I November $1,600,000 $1,400,000 $1,200,000

383

+330%

$1,000,000

Average Days on Market $800,000 $600,000

3 # of Sold Listings

+50%

$400,000 $200,000 $0

$557.16

2023

+56%

2022

2021

Average Sales Price

2020

2019

Median Sales Price

Price Per Sq Ft

100

For the Left Brained

+6%

Percent of List

Single Family Homes in the Granby Area*

$1,418,000 Median Sold Price

+75%

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Sold Listings

Year over Year - YTD Nov ‘22 Nov ‘23

Percent change from Previous Month

Thru Nov '22

Thru Nov '23

Percent change from Previous Year

2

3

+50%

104

69

-34%

Average Sales Price

$812,500

$1,405,917

+73

$957,659

$1,001,889

+5%

Median Sales Price

$1,050,000

$924,000

-12%

$940,010

$925,000

-2%

Days on Market

89

383

+330%

88

153

+74%

Percent of List Price

94%

100%

+6%

101%

97%

-4%

$356.44

$557.16

+56%

$410.41

425.28

+4%

Price per Sq Ft

Monthly Market Update I November

Granby Area

All statistics date range: 11/1/2023 through 11/30/2023

Condos

Percent change from same month, previous year

$402,500 Average Sold Price

+4%

Average & Median Sold Price I November $600,000.00

$500,000.00

117

Average Days on Market

+121%

$400,000.00

$300,000.00

2 # of Sold Listings

-67%

$200,000.00

$100,000.00

$450.27 Price Per Sq Ft

96 Percent of List

$402,500

-13%

$0.00 2023

2022

2021

Average Sales Price

2020

For the Left Brained

-1% Condos in the Winter Park Area*

+42%

Median Sold Price

www.rewinterpark.com 970.726.2600

2019

Median Sales Price

Year over Year - YTD Nov ‘22 Nov ‘23

Sold Listings

Percent change from Previous Month

Thru Nov '22

Thru Nov '23

Percent change from Previous Year

6

2

-67%

71

46

-35%

Average Sales Price

$386,500

$402,500

+4%

$449,880

$413,504

-8%

Median Sales Price

$282,500

$402,500

+42%

$465,000

$386,750

-17%

Days on Market

53

117

+121%

41

92

+124%

Percent of List Price

97%

96%

-1%

101%

97%

-4%

$517.04

$450.27

-13%

$505.97

$511.46

+1%

Price per Sq Ft

Monthly Market Update I November

Granby Area

All statistics date range: 11/1/2023 through 11/30/2023

Townhomes

Percent change from same month, previous year

$862,500

+10%

Average Sold Price

Average & Median Sold Price I November $1,000,000.00 $900,000.00 $800,000.00

454

Average Days on Market

+696%

$700,000.00 $600,000.00 $500,000.00 $400,000.00

2 # of Sold Listings

+100%

$300,000.00 $200,000.00 $100,000.00

$543.83

+17%

$0.00 2023

Average Sales Price

Price Per Sq Ft

99 Percent of List

2022

N/A

N/A

2021

2020

2019

Median Sales Price

For the Left Brained

+4%

Year over Year - YTD

$862,500 Median Sold Price

Nov ‘22 Nov ‘23 from Previous Month

+10%

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Sold Listings

Percent change

Thru Nov '22

Thru Nov '23

Percent change from Previous Year

1

2

+100%

26

37

+42%

Average Sales Price

$785,000

$862,500

+10%

$744,142

$789,602

+6%

Median Sales Price

$785,000

$862,500

+10%

$750,000

$788,000

+5%

Days on Market

57

454

+696%

301

409

+36%

Percent of List Price

95%

99%

+4%

103%

101%

-2%

$463.95

$543.83

+17%

$378.99

$443.66

+17%

Price per Sq Ft

Monthly Market Update I November

Granby Area

All statistics date range: 11/1/2023 through 11/30/2023

Vacant Land

Percent change from same month, previous year

$135,500 Average Sold Price

Average & Median Sold Price I November

-84%

$900,000.00 $800,000.00

151

Average Days on Market

+61%

$700,000.00 $600,000.00 $500,000.00

10

$400,000.00

+43%

# of Sold Listings

$300,000.00 $200,000.00 $100,000.00

90

+1%

Percent of List

$134,000 Median Sold Price

-39%

$0.00 2023

2022

-20%

Price Per Acre

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2020

2019

Median Sales Price

For the Left Brained Vacant Land in the Granby Area*

Year over Year - YTD Nov ‘22 Nov ‘23

$287,365

2021

Average Sales Price

Percent change from Previous Month

Thru Nov '22

Thru Nov '23

Percent change from Previous Year

7

10

+43%

111

68

-39%

Average Sales Price

$846,786

$135,500

-84%

$251,199

$136,909

-45%

Median Sales Price

$218,000

$134,000

-39%

$159,000

$110,000

-31%

Days on Market

94

151

+61%

100

146

+46%

Percent of List Price

89%

90%

+1%

98%

92%

-6%

$359,068

$287,365

-20%

$316,678

$389,463

+23%

Sold Listings

Price Per Acre

GRAND LAKE AREA STATS

Monthly Market Update I November

Grand Lake Area

All statistics date range: 11/1/2023 through 11/30/2023

Single Family Homes

Percent change from same month, previous year

$1,437,912

+14%

Average Sold Price

72

Average & Median Sold Price I November $1,600,000 $1,400,000

Average Days on Market

-44%

$1,200,000 $1,000,000

4

$800,000

# of Sold Listings

0%

$600,000 $400,000

$580.52

$200,000

+23%

$0 2023

Price Per Sq Ft

2022

2021

Average Sales Price

99

2020

2019

Median Sales Price

+6%

Percent of List

Single Family Homes in the Grand Lake Area*

$1,411,325 Median Sold Price

+1%

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Sold Listings

Year over Year - YTD Nov ‘22 Nov ‘23 from Previous Month Percent change

Thru Nov '22

Percent change

Thru Nov '23 from Previous Month

4

4

0%

65

56

-14%

Average Sales Price

$1,266,750

$1,437,912

+14%

$1,030,353

$912,277

-11%

Median Sales Price

$1,396,000

$1,411,325

+1%

$875,000

$805,750

-8%

Days on Market

129

72

-44%

77

113

+47%

Percent of List Price

93%

99%

+6%

98%

96%

-2%

$473.64

$580.52

+23%

$508.49

$514.55

+1%

Price per Sq Ft

Monthly Market Update I November

Grand Lake Area

All statistics date range: 11/1/2023 through 11/30/2023

Condos

Percent change from same month, previous year

$411,500 Average Sold Price

+4%

Average & Median Sold Price I November $500,000.00 $450,000.00

78 Average Days on Market

-15%

$400,000.00 $350,000.00 $300,000.00 $250,000.00

2

-33%

# of Sold Listings

$200,000.00 $150,000.00 $100,000.00

$618.65

+14%

Price Per Sq Ft

$50,000.00 $0.00 2023

2022

2021

Average Sales Price

94

Median Sales Price

Condos in the Grand Lake Area*

$411,500

Year over Year - YTD Nov ‘22 Nov ‘23

-11%

Median Sold Price

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2019

For the Left Brained

-5%

Percent of List

2020

Sold Listings

Percent change from Previous Month

Thru Nov '22

Thru Nov '23

Percent change from Previous Month

3

2

-33%

32

18

-44%

Average Sales Price

$395,667

$411,500

+4%

$495,098

$507,693

+3%

Median Sales Price

$460,000

$411,500

-11%

$477,500

$461,000

-3%

Days on Market

92

78

-15%

83

119

+43%

Percent of List Price

99%

94%

-5%

100%

98%

-2%

$542.36

$618.65

+14%

$599.40

$556.64

-7%

Price per Sq Ft

Grand Lake Area

Monthly Market Update I November All statistics date range: 11/1/2023 through 11/30/2023

Vacant Land

Percent change from same month, previous year

$251,667

+44%

Average & Median Sold Price I November $300,000.00

Average Sold Price

$250,000.00

137

Average Days on Market

-88%

$200,000.00

$150,000.00

3 # of Sold Listings

90

+200%

$100,000.00

$50,000.00

$0.00

Percent of List

$270,000 Median Sold Price

2023

-13%

+54%

2022

2021

Average Sales Price

-28%

Price Per Acre

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2019

Median Sales Price

For the Left Brained Vacant Land in the Grand Lake Area*

Year Over Year - YTD Nov ‘22 Nov ‘23 from Previous Month

$382,060

2020

Percent change

Thru Nov '22

Thru Nov '23

Percent change from Previous Year

1

3

+200%

28

33

+18%

Average Sales Price

$175,000

$251,667

+44%

$148,518

$202,773.00

+37%

Median Sales Price

$175,000

$270,000

+54%

$142,000

$165,000

+16%

Days on Market

1166

137

-88%

139

140

+1%

Percent of List Price

103%

90%

-13%

96%

95%

-1%

$530,303

$382,060

-28%

$373,453

$470,168

+26%

Sold Listings

Price Per Acre

HOT SULPHUR SPRINGS AREA STATS

Hot Sulphur Springs Area

Monthly Market Update I November All statistics date range: 11/1/2023 through 11/30/2023

Single Family Homes

Percent change from same month, previous year

$515,000 Average Sold Price

Average Sold Price November

+30% $600,000

$500,000

156

Average Days on Market

+90%

$400,000

$300,000

1 # of Sold Listings

0%

$200,000

$100,000

$325.95

-1%

$0 2023

Price Per Sq Ft

100 Percent of List

$515,000

2022

2021

Average Sales Price

Single Family Homes in the HSS Area*

Median Sold Price

2023

Nov ‘22 Nov ‘23

Year over Year - YTD Percent change from Previous Year

Percent change

Thru Nov '22 Thru Nov '23 from Previous Year

1

1

0%

23

12

-48%

Average Sales Price

$395,000

$515,000

+30%

$651,913

$587,242

-10%

Median Sales Price

$395,000

$515,000

+30%

$550,000

$566,950

+3%

82

156

+90%

82

100

+22%

Percent of List Price

100%

100%

0%

99%

98%

-1%

Price per Sq Ft

$329.17

$325.95

-1%

$312.69

$307.03

-2%

Sold Listings

Days on Market

www.rewinterpark.com 970.726.2600

2019

For the Left Brained

0%

+30%

2020

Median Sales Price