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March 2020

Beautiful Landscaping - 2703 Clover Ct Montrose, CO 81401 - Atha Team Home Agents

Has the Montrose Market Fully Recovered? – August Real Estate Stats

Montrose Market The Montrose real estate market has recovered well and is a strong driver in the mixed-bag economy of 2020. Predicting what the future holds for our local market has been paralleled to driving in coastal fog with only a few feet of visibility. What can be observed currently though, is a strong and recovering housing market. Looking over the last 3 months, post-April, we can see a similar...

Patio Home with 3 Car Garage - 901 Black Canyon Way Montrose, CO - Atha Team Real Estate Agents

Has Real Estate Recovered from Lockdown? – July Real Estate Stats

Montrose Market The Montrose real estate market is recouping from the doldrums of April’s Shelter-In-Place Mandate. New listings are down 18.4% from last year while new pending/under contract sales are up 21.8%; the recent pending sales data is extremely encouraging. Local market strength can also be evidenced in the 98% average sales to list price. The median sales price now stands at $301,950, up...

Aerial View of Cabin with Mountain Views - 84 Columbine Trail Cimarron Colorado 81220 - Atha Team Realty

How Did Safer at Home Affect Real Estate? – June Real Estate Stats

Montrose Market Although we are starting to see rules lifted in regards to “Safer at Home,” May shares a similar real estate story as April. The number of homes sold in May has dropped drastically relative to May the year prior with a 47% decrease. Average days on market and list-to-sold prices remain strong with an average of 50 days on market, which is 28% less than April 2020 and an average of...

How Did the Lockdown Affect Real Estate? – May Real Estate Stats

Montrose Market During the month of April, the local real estate market was at a near-standstill due to the Shelter in Place Order. Real estate was eventually determined an “essential business” during the Shelter in Place Order for the month of April, but only to service pending sales. As a result, the Montrose real estate market experienced a 42% drop in showings for the month of April and a 51%...

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