Montrose Has Been Discovered! – April Real Estate Stats
Montrose Market The Montrose Colorado real estate market is strong. There is still a steady in-flux of buyers from the Front Range and out-of-state. Local title companies and brokers can attest to this steady stream of active buyers. Currently, out of the 188 homes active on the market, only 56 are priced under $300K. To […]
Will Mortgage Rates Increase Buyer Interest? – March Real Estate Stats
Montrose Market Coming to an end of the first quarter of 2019, we are continuing to see a slow down in inventory which brings the inevitable price increase. Compared to March of 2018, we have only seen an increase of approximately 3.04% from $246,300 to $254,000 in median home prices. The most drastic issue we […]
Slow Down in the Real Estate Market? – February Real Estate Stats
Montrose Market For months now we have been hearing that we are expected to have a slowdown in the local market. This could cause prices to lower and buyers to get a more level playing field with sellers. Has this finally come? Aldo Svaldi with the Denver Post states that “the decline in median home […]
How Did The Government Shutdown Affect Real Estate? – January Real Estate Stats
Montrose Market The Montrose housing market is still strong with buyers eager to jump if the product and price is right. Recent inventory coming on the market has been priced high, and buyers are willing to wait as they’ve seen price drop trends through the fall and winter. Homes priced at fair market value though, […]
What Happened in 2018? – Recap of the Montrose Housing Market
Montrose Market The Montrose real estate market just finished a phenomenal 2018. Although some tapering was felt in the moderate to mid-price ranges mid-year, the number of homes sold in the Montrose region was up 5% from the 2017 calendar year. The median sales price of homes sold in Montrose increased 9.6% in 2018, compared […]
Will the Trend Continue? – November Real Estate Stats
Montrose Market Everyone is asking the same question, how much longer will we continue to see an increase of median sales prices in Montrose? The market is up an approximate 11.4% since this time last year. Many people say there has been a shortage of inventory but we have actually seen an increase of about […]
April 2016 Montrose CO Real Estate Stats – Sales & Available Foreclosures
The April 2016 Montrose Co real estate market experienced an ever-tightening inventory in the lower and middle price ranges while the higher-end real estate market remained soft. The National market, as well as the local Montrose Co real estate market is undergoing what’s considered “a two market syndrome” (Housing Market Takes On Split Levels). Two […]
March Market Update – National & Montrose CO Real Estate
Montrose CO Real Estate Market The Montrose Colorado real estate market has continued to soar as we’ve entered 2016. The number of sales for residential homes in Montrose county for January and February of 2016 rose by 24% Year over Year. The median sales price rose from $168,900 in 2015 to $180,000 this […]