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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...

Montrose Co Real Estate

July 2017 – Montrose Colorado Real Estate Market Update

High Octane Summer The Montrose Colorado Real Estate market is still running on all cylinders this summer as housing inventory shortages prove to be the prevailing headwind for 2017. The median sale price in Montrose for last month was $216,000. The number of units sold was up 15% from the same time last year while the number of days on market was down 22%, a substantial reflection of just how heated the...

Montrose Co Real Estate

April 2017 – Montrose Colorado Real Estate Market

Home Prices Reaching Possible Breaking Point With consumer confidence at a 16-year high and Montrose Colorado real estate values gaining monthly, anticipation is expected as to what 2017 will bring. Along with the booming equity in home vales comes the reality that Montrose home prices are reaching a possible breaking point for local buyers in the $150,000 - $300,000 price range (see inventory levels...

Montrose Co Real Estate

February 2017 – Montrose Colorado Real Estate Market

The Montrose Colorado Real Estate Market has experienced very little slowdown. November and December experienced the traditional holiday period lull, but February and March have provided accelerated activity here at the Montrose Keller Williams Office. Rates are rumored to increase today; this will put a further dent in affordability for first-time home-buyers. Affordability is still quite good though...

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