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 […]
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 […]
February 2017 – Montrose Colorado Real Estate Market
The Montrose Colorado Real Estate Market has experienced very little slowdown. November and December experienced the traditional holiday period lull, but February and March have provided accelerated activity here at the Montrose Keller Williams Office. Rates are rumored to increase today; this will put a further dent in affordability for first-time home-buyers. Affordability is still […]
Top 10 Home Trends – Homes for Sale Montrose Co
What do Montrose Co Home Buyers Want? While homes are often valued by their square footage and the neighborhood in which they are located, homes that have been updated tend to sell more quickly and for a higher price. It may not be feasible or financially advisable to update an entire house before it’s sold; […]
Montrose Housing Market Stats – February 2017
Montrose Housing Market Montrose Colorado’s housing market experienced a dip during the last quarter of 2016, but nothing like previous years. January experienced a slight lull (which correlated with colder weather and snow), but homebuyers are again quite active for early February, which is traditionally a slow month in Montrose. Many Buyers are choosing to […]
January 2017 Market Update – National & Montrose CO Real Estate
January 2017 – Montrose CO Real Estate Market Update Montrose CO Real Estate Market Happy New Year and welcome to your 2017 Montrose Colorado Real Estate Market Update. I’m going to give you a quarterly snapshot of 2016 in Montrose, along with an update on land sales in Montrose, followed by a national real estate market […]
November 2016 Montrose CO Real Estate Stats – Sales & Available Foreclosures
Baby It’s Warm Outside The Montrose real estate market is still quite active as warm weather in November inspired Buyers to place offers on homes left-over from the summer. The volume of home sales activity in Montrose has been anything but cold. The number of homes sold in November was 22% higher then the previous […]
September 2016 Montrose CO Real Estate Stats – Sales & Available Foreclosures
Single Family Home Building Permit Trends In Montrose Colorado, a slow uptick trend can be observed over the last two years as builder confidence rises and home inventory levels continue to disappoint consumers, driving demand for new home construction. There has been roughly a 30% increase in building permits issued in Montrose county over the […]
September Market Update – National & Montrose CO Real Estate
September 2016 – Montrose CO Real Estate Market Update Montrose CO Real Estate Market The Montrose Colorado real estate market has been a roller coaster this year. The number of sales year-to-date for residential homes in Montrose Colorado has increased by 6% from last year. The median sales price is currently at $205,000. First quarter […]