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 […]
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 […]
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 […]
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 […]
January 2017 Market Update – National & Montrose CO Real Estate
January 2017 – Montrose CO Real Estate Market Update Montrose CO Real Estate Market Happy New Year and welcome to your 2017 Montrose Colorado Real Estate Market Update. I’m going to give you a quarterly snapshot of 2016 in Montrose, along with an update on land sales in Montrose, followed by a national real estate market […]
November 2016 Montrose CO Real Estate Stats – Sales & Available Foreclosures
Baby It’s Warm Outside The Montrose real estate market is still quite active as warm weather in November inspired Buyers to place offers on homes left-over from the summer. The volume of home sales activity in Montrose has been anything but cold. The number of homes sold in November was 22% higher then the previous […]
September 2016 Montrose CO Real Estate Stats – Sales & Available Foreclosures
Single Family Home Building Permit Trends In Montrose Colorado, a slow uptick trend can be observed over the last two years as builder confidence rises and home inventory levels continue to disappoint consumers, driving demand for new home construction. There has been roughly a 30% increase in building permits issued in Montrose county over the […]
September Market Update – National & Montrose CO Real Estate
September 2016 – Montrose CO Real Estate Market Update Montrose CO Real Estate Market The Montrose Colorado real estate market has been a roller coaster this year. The number of sales year-to-date for residential homes in Montrose Colorado has increased by 6% from last year. The median sales price is currently at $205,000. First quarter […]
July 2016 Montrose CO Real Estate Stats – Sales & Available Foreclosures
Home Ownership and Millennials Home Prices throughout the Nation continue to rise, now only 2% below their July 2006 pre-recession peak. The July 2016 Statistics for the Montrose Co Real Market are par with 2015, on the number of homes sold and median selling price. Boulder Colorado, out of all places, is 45% above its […]
3 Reasons Why the Montrose Real Estate Market is Similar to Denver
3 Reasons Why the 2015 Montrose Real Estate Market is Similar to Denver Low Housing Supply With the crunch in construction lending restrictions, some home-builders in Montrose Colorado are finding it hard to obtain financing. The inventory of new builds is increasing, but slowly. The majority of these new builds are custom builds as well, […]