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 […]
August 2017 – Montrose Colorado Real Estate Market Update
Montrose Real Estate Market 2013-2017 Historical Recap The Montrose Colorado real estate market has proven resilient with sustained growth trends over the last four years, not only in the number of home sold, but also in home value gains. Homeowners, once underwater in mortgages acquired during last housing peak, have been able to sell at […]
How Do Neighbors Affect Your Montrose CO Home Value?
How Do Neighbors Affect Your Home’s Value? When you’re working hard to get your house on the Montrose CO real estate market, you’re well aware of the importance of curb appeal. Making your house look its best from the street by tidying up the yard and making sure that everything is in good repair is […]
July 2017 – Montrose Colorado Real Estate Market Update
High Octane Summer The Montrose Colorado Real Estate market is still running on all cylinders this summer as housing inventory shortages prove to be the prevailing headwind for 2017. The median sale price in Montrose for last month was $216,000. The number of units sold was up 15% from the same time last year while […]
April 2017 – Montrose Colorado Real Estate Market
Home Prices Reaching Possible Breaking Point With consumer confidence at a 16-year high and Montrose Colorado real estate values gaining monthly, anticipation is expected as to what 2017 will bring. Along with the booming equity in home vales comes the reality that Montrose home prices are reaching a possible breaking point for local buyers in […]