Local As we come into the Second quarter of 2018 it’s clear that the trend of decreasing inventory and increasing home prices continue. The average number of homes active on the market below $300,000 has decreased by 18% from 95 to 78 from the first quarter of 2017 to the first quarter 2018. There has also been an increase in the median home price by about 20% from $194,437 to $234,800 since the first...
by Diana Atha
When it's time to sell your home, you need to be as prepared as possible. That means finding the right real estate agent, but there's much more to the issue than that. You also need to get the house itself ready, and make sure you're prepared for what buyers may ask for as you move through the process. The more prepared you are the easier things will be for you to get your home sold and move on to what...
by Atha Team
Local Market Montrose Colorado’s residential housing market experienced relatively high numbers for January sales. Homes sold for almost 29% more in January 2018 than in January 2017 and we saw 13% more sales last month than a year ago. Are these numbers ramping up due to the unseasonably high temperatures or is it a result of a steady rising economy and growing consumer confidence? There are...
by Atha Team
2017 Recap of the Montrose Housing Market The Montrose Colorado real estate market held par with the previous 4 years of growth through 2017. The market experienced price gains of approximately 7% over the calendar year, keeping up with the previous annual gains of 7%, median year-over-year, since 2012. In total, 742 homes sold in 2017. The hot spot in the Montrose market continues to...
by Atha Team