Montrose Market The Montrose real estate market experienced an unprecedented month in August, evidenced in a 55% increase in the number of homes sold relative to August of last year. A total of 94 homes sold in August, the highest number of units sold over the last 10 plus years. Stepping back for a second and taking a three- or six-month view, the story changes and we can see that we’re still...
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