Is Costco Coming to Montrose? – January Real Estate Stats
Montrose Market – Year-End Recap for 2021 The Montrose real estate market has experienced its best year since the mid-2000s. Overall, 2021 was just a continuation of summer 2020. Buyers fled coastal states and the Front Range to rural towns including Western Colorado. Montrose just happens to be a prime destination for those looking […]
Super-Size Me? – December Real Estate Stats
Montrose Market The Montrose market is still robust heading into the holiday season. Active listings are now heading downward from their September peak. Active inventory totals have decreased 47% from the previous year. Disheartening news at face value until prices and units sold are taken into consideration. Comparing 2021 with 2020 year-to-date, home prices in […]
Will Higher Rates Flatten Housing? – November Real Estate Stats
Montrose Market Housing prices in the Montrose market are leveling off relative to the stratosphere gains seen through the summer. Prices increased a hearty 15.32% relative to the same 3-month time period last year. Keep in mind that this is a huge increase relative to the historic real estate equity gains of low single-digit percentages. […]
Are Prices Really Up 42%? – October Real Estate Stats
Montrose Market Montrose is displaying typical seasonal patterns as evidenced in the market as families head back to school and look toward the holiday season ahead. Prices and demand are still strong with the typical home going under contract within the first two weeks of being placed on the market. The median days that a […]