February 2016 Montrose CO Real Estate Stats – Sales & Available Foreclosures
In February, Montrose CO saw more growth in the real estate market. While overall sales numbers and sales prices were up from previous years, the number of days homes stayed on the market did slightly increase. The Montrose CO median number of days a house was on the market before it sold remains right around 3 or 4 months. As with any market, homes that are well-priced tend to move faster.
There were 76 homes listed in Montrose CO during the month of February. Of those 76, 4 listings have been withdrawn or cancelled, 19 are currently under contract, and 4 have sold. That means that 31.9% of the available homes listed in February are already either under contract or sold. The median list price is $187,900 for these homes. 19 out of 23 of them are priced below $250,000. The houses in the Montrose CO real estate market with the highest consistent turnover rate are those priced below $250,000. The inventory of available homes increases daily, though the trend still slants to a seller’s market.
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Copyright 2016 Keller Williams Colorado West Realty, LLC. If you have a brokerage relationship with another agency, this is not intended as a solicitation. Equal opportunity housing provider. Each office is independently owned and operated. For sale by owner data not included in research findings. Sales data reflects sales from homes not limited to the Atha Team LLC. This information was gathered from Keller Williams, The National Association of Realtor, CoreLogic data analysis firm, Montrose Association of Realtors, and the Mortgage Brokers Association. This data is considered accurate, but is not guaranteed. Copyright Atha Team LLC 2016. All Rights Reserved.