Ouray, CO

Real estate in Ouray, Colorado is a hot commodity. The town has a population of just over 2,000 people and is located in the San Juan Mountains. The area is known for its stunning views and abundant outdoor activities such as skiing, hiking, biking, and fishing.

The real estate market in Ouray is extremely competitive. There are a limited number of homes available for sale and buyers have to be quick to get their hands on them. Prices for single-family homes range from $200,000 to $1 million+, while condos can cost anywhere from $150,000 to $1 million+.

One of the main reasons why real estate prices are so high in Ouray is because there are very few houses available for sale. In fact, according to Zillow®, only 1% of all homes for sale in Ouray are single-family homes. This means that if you want to buy a home in Ouray, you will likely have to compete with other buyers who also want to purchase a home here.

Another reason why real estate prices are high in Ouray is because the town has a limited number of housing options. There are only about 20 single-family homes available for sale out of the total population of 2,000 people. This means that if you want to live in Ouray, you will likely have to purchase a home through one of the town’s few real estate agents or find an apartment rental property that can accommodate your needs.