As of June 2023, the housing market in Basalt has experienced an 8.4% increase in home prices from the previous year, with the median sale price being $985K. Homes in Basalt, on average, stay on the market for 59 days, which is longer compared to the 7-day average of last year. The number of homes sold in June this year has risen slightly to 13, up from 10 in the same month last year.

The housing market in Basalt is moderately competitive. On average, homes are sold within approximately 53 days, with some properties receiving multiple offers. Generally, homes are sold at their listing price and become pending within a similar timeframe. High-demand homes, however, may sell for roughly 2% above their listing price and tend to become pending in as little as 6 days.

Basalt, CO is a vibrant, small community where residents enjoy a close-knit atmosphere and diverse food options. Nestled in the mountains, it offers a blend of suburban and small-town charm. With its high-ranking facilities and unique diversity, Basalt provides a welcoming environment for all, making it a great place to call home.