GRAND COUNTY LUXURY MARKET

With access to year-round outdoor recreation and home to Colorado’s deepest natural lake, Grand County offers mountain wilderness and a quick commute to the Front Range. The luxury real estate market in the communities of Grand County was strong in 2022, with a 31.2% increase in the number of properties sold compared to 2021. The average price per square foot increased just over 17% from $521 to $610, making this area the most affordable in Colorado’s resort markets. Total sales volume for the county rose 30.6% from $294,954,724 in 2021 to $385,112,285 in 2022, as the appeal for these communities continues to grow.

Winter Park noted a 23.8% increase in the price per square foot at $639 compared to $516 in 2021. The ski town also saw a 31% increase in the highest sale, with the top property ringing in at $3,800,000 in 2022. Fraser had a 13.4% jump in price per square foot, from $545 in 2021 to $618 in 2022. Here, the highest priced property was down 3.2%, from $4,100,000 to $3,970,000.

In the town of Granby, 47 luxury properties sold, compared to 26 sold in 2021. The total sales volume had a substantial 63% increase, from $39,232,250 in 2021 to $64,177,668 in 2022. The number of luxury properties sold in Tabernash was 25, up 19% from 21 properties in 2021. Tabernash also had a 25% increase in price per square foot, from $444 in 2021 to $557 in 2022.

27.3%

The average number of days on market in Fraser increased by 27.3% in 2022 compared to that of 2021.

80.8%

The numbers of properties sold in Granby increased by 80.8% in 2022 compared to that of 2021.

231.7%

The total dollar volume in Kremmling increased by 231.7% in 2022 compared to that of 2021.

19.5%

The total dollar volume in Winter Park increased by 19.5% in 2022 compared to that of 2021.