Montrose Housing Market Stats – February 2017
Montrose Housing Market Montrose Colorado’s housing market experienced a dip during the last quarter of 2016, but nothing like previous years. January experienced a slight lull (which correlated with colder weather and snow), but homebuyers are again quite active for early February, which is traditionally a slow month in Montrose. Many Buyers are choosing to […]
January 2017 Market Update – National & Montrose CO Real Estate
January 2017 – Montrose CO Real Estate Market Update Montrose CO Real Estate Market Happy New Year and welcome to your 2017 Montrose Colorado Real Estate Market Update. I’m going to give you a quarterly snapshot of 2016 in Montrose, along with an update on land sales in Montrose, followed by a national real estate market […]
November 2016 Montrose CO Real Estate Stats – Sales & Available Foreclosures
Baby It’s Warm Outside The Montrose real estate market is still quite active as warm weather in November inspired Buyers to place offers on homes left-over from the summer. The volume of home sales activity in Montrose has been anything but cold. The number of homes sold in November was 22% higher then the previous […]
Montrose Colorado End-of-Season Real Estate Review
Montrose Colorado End-of-Season Real Estate Review 2016 has been a remarkable year in real estate, not only for Montrose Colorado but for the entire Nation. With market gains of 7% over the last year, Montrose homeowners have been able to make profitable sales as well as break-even sales for homes purchased in the mid-2000s. Market […]
September 2016 Montrose CO Real Estate Stats – Sales & Available Foreclosures
Single Family Home Building Permit Trends In Montrose Colorado, a slow uptick trend can be observed over the last two years as builder confidence rises and home inventory levels continue to disappoint consumers, driving demand for new home construction. There has been roughly a 30% increase in building permits issued in Montrose county over the […]
September Market Update – National & Montrose CO Real Estate
September 2016 – Montrose CO Real Estate Market Update Montrose CO Real Estate Market The Montrose Colorado real estate market has been a roller coaster this year. The number of sales year-to-date for residential homes in Montrose Colorado has increased by 6% from last year. The median sales price is currently at $205,000. First quarter […]
August 2016 Montrose CO Real Estate Stats – Sales & Available Foreclosures
Numbers Thinning The Montrose real estate market continues to climb in value as inventory numbers thin. The month of August experienced an 8% gain in price from August of 2015 while the median days on the market dropped 22% from the same time last year. Inventory has decreased since July as homes have sold or […]
July 2016 Montrose CO Real Estate Stats – Sales & Available Foreclosures
Home Ownership and Millennials Home Prices throughout the Nation continue to rise, now only 2% below their July 2006 pre-recession peak. The July 2016 Statistics for the Montrose Co Real Market are par with 2015, on the number of homes sold and median selling price. Boulder Colorado, out of all places, is 45% above its […]
3 Reasons Why the Montrose Real Estate Market is Similar to Denver
3 Reasons Why the 2015 Montrose Real Estate Market is Similar to Denver Low Housing Supply With the crunch in construction lending restrictions, some home-builders in Montrose Colorado are finding it hard to obtain financing. The inventory of new builds is increasing, but slowly. The majority of these new builds are custom builds as well, […]
June 2016 Montrose CO Real Estate Stats – Sales & Available Foreclosures
Prices & Homes Going Up Up and Away! Home prices across the Nation and in Montrose CO are still climbing at an incredible pace. As noted in prior blogs posts, this increase in equity is due to the diminishing inventory of homes and continued low mortgage interest rates. On a National Level, the real estate […]