Ridgway, CO Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Ridgway, CO is $957,000, up 16.3% year-over-year. Homes sell in an average of 161 days with 6 active listings. The market is currently a buyer's market.
$957,000median sale price
Is Ridgway a buyer's or seller's market?
Ridgway, CO is currently a buyer's market, based on 6.0 months of supply and homes selling in about 161 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
161
Average pace
Active listings
6
6.0 months supply
Sale-to-list
87.0%
Below asking
Ridgway, CO market data
| Metric | Value |
|---|---|
| Median sale price | $957,000 |
| Year-over-year price change | +16.3% |
| Average days on market | 161 days |
| Active inventory | 6 listings |
| Months of supply | 6.0 months |
| Sale-to-list price ratio | 87.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated weekly
The Ridgway housing market is currently classified as a buyer's market with a median sale price of $957,000. Prices have risen 16.3% compared to last year, with homes spending an average of 161 days on market, indicating 6.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Ridgway
There are currently 6 homes listed for sale in Ridgway, Colorado.
Active listings
6
Homes on market
Avg. days on market
161
Days until sale
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Frequently asked questions
What is the average home price in Ridgway?
The median home sale price in Ridgway is $957,000, up 16.3% from last year.
How long do homes stay on market in Ridgway?
Homes typically spend 161 days on market before going under contract.
Is Ridgway a buyer's or seller's market?
With 6.0 months of supply, Ridgway is currently a buyer's market.
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