low inventory

Montrose Market The Montrose real estate market is strong and in full summer swing. Though rumors circulate about the local and national markets slowing, the data for Montrose points to an extremely strong housing market. Total homes sold, from January 1 - July 31, are up a staggering 30% relative to the same period last year. Meanwhile, the three-month median sales price has increased 25.94% over the...

Montrose Market The Montrose real estate market is still as hot as the scorching heatwave experienced over the last 4 weeks. With that said, this month’s numbers are showing a slight decline in price activity in the lower and middle price brackets. The list-to-sale price for the month of May was 105% of asking price. This metric for June is down 5.7%, now 99.3% of list-to-sale price. Two reasons may...

Montrose Market The Montrose market continues to outshine and surpass the national real estate market. Total home sales, year-to-date, are up 32% from the same period last year. What’s even more astounding is the luxury market’s performance with an increase of 300% YTD in the number of homes sold over $500K. The entire Montrose market now looks a lot like the rest of the nation, with homes...

Montrose Market The Montrose Colorado real estate market is continuing its trajectory into the traditional spring selling season. The notable difference for this year is that the market really never slowed down through the winter. This is evidenced by the number of homes sold for the month of April, up 35% from the same time last year. Prices are up 21.9%, while new listings are flat, relative to 12...