Ridgway, CO

Buyer's market+16.3% YoY

Housing market overview · Updated weekly

$957,000median sale price

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

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

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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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