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Shortest Housing Cycle Ever? – September Real Estate Stats

 The Montrose real estate market experienced a resurgence of home prices in August. The surge in the median sale price of existing homes was due to an increase in luxury home sales; 8 of the 9 highest-selling homes in August were purchased with cash. The increase in greenback purchases in the upper-end market is in conjunction with mortgage rates recently piercing upward...

Is The Market Still Strong If You’re Selling a Home? – August Real Estate Stats

 Montrose Market Depending on who you are, the Montrose Colorado real estate market is either crashing or still quite strong. Home buyers who have been sitting on the sidelines, waiting for “a good deal”, expound upon the woes of 2008. Other home buyers are attempting to time the market and talk of an “everything bubble” that will topple real estate...

2-Years of Housing Inventory? – July Real Estate Stats

 Montrose Market The local Montrose housing market experienced an activity uptick in June relative to the prior two months. The mid-spring 3-month unit sale average was down only 23% from the previous 12 months, due to an uptick in June sales. Not bad considering the winter season was down close to 40% from the previous year. The Montrose real estate market activity has once...

Will Luxury Home Prices Crater? – June Real Estate Stats

 Montrose Market Market trends for the Montrose Colorado region are beginning to normalize headed into the summer selling season. Now having experienced a traditional spring, housing activity is trending into what may be a new market environment. Homes priced over $700K are now technically in a strong-buyer’s market, with inventory in this range cresting 12-months of available...

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