In the current fast-paced Western Slope Colorado real estate market, it might be tempting to list your own home as a For Sale By Owner (FSBO). As qualified, motivated buyers are flooding into Montrose and surrounding areas, one might think it would be an easy choice to list their own home and bypass a realtor to save money. But there are some common misconceptions with the FSBO avenue that many may not...
by Atha Team 
Montrose Market The Montrose real estate market has recovered well and is a strong driver in the mixed-bag economy of 2020. Predicting what the future holds for our local market has been paralleled to driving in coastal fog with only a few feet of visibility. What can be observed currently though, is a strong and recovering housing market. Looking over the last 3 months, post-April, we can see a similar...
by Atha Team 
Montrose Market The Montrose real estate market is recouping from the doldrums of April’s Shelter-In-Place Mandate. New listings are down 18.4% from last year while new pending/under contract sales are up 21.8%; the recent pending sales data is extremely encouraging. Local market strength can also be evidenced in the 98% average sales to list price. The median sales price now stands at $301,950, up...
by Atha Team 
Montrose Market Although we are starting to see rules lifted in regards to “Safer at Home,” May shares a similar real estate story as April. The number of homes sold in May has dropped drastically relative to May the year prior with a 47% decrease. Average days on market and list-to-sold prices remain strong with an average of 50 days on market, which is 28% less than April 2020 and an average of...
by Atha Team