Montrose Has Been Discovered! – April Real Estate Stats
Montrose Market The Montrose Colorado real estate market is strong. There is still a steady in-flux of buyers from the Front Range and out-of-state. Local title companies and brokers can attest to this steady stream of active buyers. Currently, out of the 188 homes active on the market, only 56 are priced under $300K. To […]
Will Mortgage Rates Increase Buyer Interest? – March Real Estate Stats
Montrose Market Coming to an end of the first quarter of 2019, we are continuing to see a slow down in inventory which brings the inevitable price increase. Compared to March of 2018, we have only seen an increase of approximately 3.04% from $246,300 to $254,000 in median home prices. The most drastic issue we […]
Slow Down in the Real Estate Market? – February Real Estate Stats
Montrose Market For months now we have been hearing that we are expected to have a slowdown in the local market. This could cause prices to lower and buyers to get a more level playing field with sellers. Has this finally come? Aldo Svaldi with the Denver Post states that “the decline in median home […]
How Did The Government Shutdown Affect Real Estate? – January Real Estate Stats
Montrose Market The Montrose housing market is still strong with buyers eager to jump if the product and price is right. Recent inventory coming on the market has been priced high, and buyers are willing to wait as they’ve seen price drop trends through the fall and winter. Homes priced at fair market value though, […]
What Happened in 2018? – Recap of the Montrose Housing Market
Montrose Market The Montrose real estate market just finished a phenomenal 2018. Although some tapering was felt in the moderate to mid-price ranges mid-year, the number of homes sold in the Montrose region was up 5% from the 2017 calendar year. The median sales price of homes sold in Montrose increased 9.6% in 2018, compared […]
Will the Trend Continue? – November Real Estate Stats
Montrose Market Everyone is asking the same question, how much longer will we continue to see an increase of median sales prices in Montrose? The market is up an approximate 11.4% since this time last year. Many people say there has been a shortage of inventory but we have actually seen an increase of about […]
What is Making Buyers Pause? – October Real Estate Stats
Montrose Colorado Market The Montrose housing market has been on a steady leveling trend over the last month. Homes that would have been under contract within several days after going live on the market, are now taking several weeks. The overall subjective feel for the market, local agents are reporting, is that buyers are purely […]
November 2017 – Montrose Colorado Real Estate Market Update
Bidding Wars Make Their Way to the Western Slope 2017 has been quite the year for real estate in Montrose Colorado. Bidding wars finally made their way to the Western Slope from the Colorado Front Range; the Atha Team experienced an abundance of bidding wars on homes that were listed by Sellers working with the […]
October 2017 – Montrose Colorado Real Estate Market Update
Market Update As the Montrose real estate market eases into the fall season, inventory continues to present an uphill battle for buyers. During the same period last year, the active inventory consisted of 306 homes. This year, the inventory of active homes for sale is down 20% with only 246 homes available for purchase. Over […]
September 2017 – Montrose Colorado Real Estate Market Update
Local Market The Montrose Colorado Real estate market is still in high gear as homes continue to gain in value and sell with minimum days-on-market, reflecting the ever-tightening housing inventory. The marketplace saw a back-to-school lull but picked right back up; 30 homes went under contract in Montrose County September 1st through 8th. They ranged […]