When compared to May, the Gunnison County real estate market saw an increase in inventory and demand in June. Eighty-six new listings came onto the market, up 32.3% from last month which saw this data point at 65. Last year at this time there were 100 new listings (-14%). There were 42 homes that went under contract, a jump of 61.5% from the 26 we saw in May. Homes were also moving quicker with listings spending an average of 100 days on market, down from 157 days in May. Prices for both single family homes and condos decreased month over month and year over year. The average price for detached homes saw the biggest decrease (-28.5%) from last month, when this figure stood at $1,815,000.
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