Trading Mochas for Mortgages – May Real Estate Stats
Montrose Market For those of you following our monthly stats that we produce in-house, we may sound like a broken record. Aggressive appreciation and price gains, supply and demand, multiple offers; this has become all too familiar. Could there be a change in the wind? The recent interest rate hikes are not just […]
What is Causing the Major Shift in Real Estate Sales? – September Real Estate Stats
Montrose Market The overall Montrose market remained relatively flat in homes sales for the month of August. Increases were seen in the luxury price range ($500-$800) from January through August, up 8 from last year with a few sales in August. A major shift occurred this year in the $400-500 price range with a 55% […]
What is causing the Jump in the High End Market? – July Real Estate Stats
Montrose Market The Montrose Colorado real estate market, along with the summer weather, has been unpredictably hot. The market under $300K has experienced an averaged 41% decline in available inventory over the previous 5.75 months of 2018, compared with the same period last year. Interestingly enough, total sales volume in Montrose Colorado is up 5.9% […]
June 2018 – Montrose Colorado Real Estate Market Update
Montrose Colorado As home prices continue to trend upward, the number of properties selling remained relatively flat in June. In relation to June of last year, the Montrose real estate market experienced a 15% gain in sale prices. Absorption/saturation rates have increased in the $400-500K price range as more properties have entered the market for […]
March 2016 Montrose CO Real Estate Stats – Sales & Available Foreclosures
In March 2016, the Montrose CO Real Estate Market saw a significant decrease in the number of days houses remained on the market before being sold. 13 of these homes were priced below $150,000. The median time that these 13 homes were active on the market before selling was a mere 63 days. This affordable […]