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Email: annie.baldo@compass.com
Phone: 9703794860
Annie Baldo
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Community
Market Report

Annie Baldo
9703794860
annie.baldo@compass.com
Annie Baldo
9703794860
annie.baldo@compass.com

Silt, Colorado

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Annie Baldo
9703794860
annie.baldo@compass.com

Market Summary

All Property Types
Recent Sales Trends

The statistics below highlight key market indicators for Silt, Colorado. The data in the Sold Listings table is based on homes sold within the month of October 2022.

    No data available
Current Market
The statistics below provide an up-to-date snapshot of the listed inventory as of November 29, 2022. Median days on market is a good indicator of the average length of time the current inventory has been on the market. The high price, low price, and median price provide context for the prices buyers and sellers can expect to encounter in this area.
5
2
39
$795,000
$216,000
$504,900
Values pulled on 11/29/2022
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Annie Baldo
9703794860
annie.baldo@compass.com
Homes Sold
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Annie Baldo
9703794860
annie.baldo@compass.com

Market Conditions

Market Climate
30
Median Days on Market
5.0
Months of inventory indicates the amount of homes for sale relative to the amount of homes purchased.
0%
Properties Sold Over Original Asking Price
October 2022
Buyer's vs. Seller's Market

This graphic explains the key similarities and differences between a buyer's and seller's market; and how these market factors impact each group.

How it Impacts Buyers
Buyer's Market
More people selling homes than buying
How it Impacts Buyers
Buyer's Market
More people selling homes than buying
  • More homes to choose from
  • More negotiating power
  • Could spend less than asking price
  • Price restrictions
  • Rarely competing offers
How it Impacts Sellers
Seller's Market
More people buying homes than selling
  • Fewer homes to choose from
  • Less negotiating power
  • Need to be able to close quickly
  • Could spend more than asking price
  • Competition from other buyers
How it Impacts Sellers
Seller's Market
More people selling homes than buying
How it Impacts Buyers
Buyer's Market
More people selling homes than buying
  • Takes more time to sell
  • Fewer offers received
  • Could get lower than asking price
  • May have to make repairs and/or concessions
How it Impacts Sellers
Seller's Market
More people buying homes than selling
  • Home sells quickly
  • Multiple offers likely
  • Could get more than asking price
  • Buyers willing to overlook repairs
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Annie Baldo
9703794860
annie.baldo@compass.com
Market Conditions by Price Range

This table provides insight into key market indicators at specific price breakpoints. This information is valuable as the market conditions can vary by price category.

    No data available
Buyer's Market
More than 7 months of inventory
Home prices will depreciate
Balanced Market
Between 6-7 months of inventory
Home prices will only appreciate with inflation
Seller's Market
Less than 6 months of inventory
Home prices will appreciate
Data provided by IRES MLS, and Aspen Glenwood MLS. All information is deemed reliable but not guaranteed.