Montrose Market The Montrose real estate market has officially evolved into a Denver-style market. Multiple-offer situations, which are old news, have been occurring since 2015. What’s making the local market look like a metro, are the multiple-offer situations now occurring in the high-end luxury market. What’s even more eye-opening is the number of buyers who are equipped with cash, ready to...
by Atha Team 
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% for the first two months of the year. Single family residence permits for the County of...
by Atha Team 
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 inventory is down nearly 50% since last January, offering a...
by Atha Team 
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 prices, year over year, gained 10.4%...
by Atha Team