Will Strong Buyer Demand Continue Into Spring? – March Real Estate Stats
Montrose Market Steady and strong demand for Montrose housing is setting the precedence for another strong year ahead. Residential home sales are up 17% over the last 3 months, while price gains are still up a whopping 20% compared to the same time last year. Building permits in the City of Montrose are up 44% […]
Where Do We Go From Here? – February Real Estate Stats
Montrose Market The Montrose Colorado real estate market is traditionally unhurried during the winter months of January and February. This year is different. Since the beginning of the year, buyer activity has been solid with a continuation of momentum from last fall. The number of sales is 26.5% higher than in January of 2020. Housing […]
Feds, Fear, and Freedom – 2020 in Review – January Real Estate Stats
Montrose Market Looking back and comparing 2020 with 2019, we can see some very remarkable trends in the housing market. The 3-month housing price trend for the Montrose market has realized an astonishing 20.2% spike. But, comparing the 12-month year-over-year trends provides a broader view of the market’s activity beyond last quarter’s market exuberance. Housing […]
Baby It’s Warm Outside? – December Real Estate Stats
Montrose Market The Montrose real estate market is still quite warm, reaching its highest median sales price on record, topping out at $354,900 for the month of November. The 3-month rolling median sales price is 16.44% higher than the previous year, highlighting just how competitive the market still is going into the holiday season. Looking […]
Will This Market Continue Into 2021? – November Real Estate Stats
Montrose Market The Montrose Colorado real estate market continues to surpass last year’s performance, supported by record high median sale prices and drastically low inventory levels. The median sales price over the last three months has increased 12% from the same time period last year, giving evidence of just how aggressive the local housing market […]