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National real estate market

Montrose Co Real Estate

Will Local Real Estate Rise or Fall? – February Real Estate Stats

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...

Montrose Co Real Estate

What Happened in 2017? – Recap of the Montrose Housing Market

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...

Montrose Co Real Estate

December 2017 – Montrose Colorado Real Estate Market Update

Fewer Foreclosures and a Strong Sellers Market - Seize the Market! Local Real Estate Indicators   The local real estate market is performing at a solid pace.  It is not as strong as the Mesa County or general Colorado market but population and labor force growth prohibit a large expansion of housing in Montrose.  The average number of days on the market for homes has fallen from 70 days to...

Montrose Co Real Estate

September 2017 – Montrose Colorado Real Estate Market Update

Local Market The Montrose Colorado Real estate market is still in high gear as homes continue to gain in value and sell with minimum days-on-market, reflecting the ever-tightening housing inventory. The marketplace saw a back-to-school lull but picked right back up; 30 homes went under contract in Montrose County September 1st through 8th. They ranged from a $142,000 charming downtown house on a corner...

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