Montrose Market Looking at last year’s real estate market and further back to 2015, one can observe the monumental wealth created through home ownership in the Uncompahgre Valley. Over the past seven years, homeowner’s net worth increased by 50% in Montrose, adding approximately $200,000 to household real estate values. Local and out-of-area demand continued to drive up real estate equity...
by Atha Team 
Montrose Market The Montrose real estate market is currently experiencing a traditional winter season in relation to market activity, similar to 2017 and 2018. Housing inventory has increased 22.5% since its low in March but still remains tight with 3.1 months of inventory in November. Home prices in Montrose are down 10% from a peak of $450K in March but up 5.6% from 12 months ago. Median sale...
by Atha Team 
Montrose Market There is a lot about living in Montrose that is unique, compared to most of the rest of the state and country. The housing market is no exception. If we simply take a look at three simple barometers of the local real estate market below, Montrose is still in a seller’s market. Averaging it out, homes in October sold for 100% of the asking price. We still have 3 months or less...
by Atha Team 
Where are we currently and where are we headed? The Montrose real estate market is continuing to cool to a manageable pace it once was before the urban flight and pandemic of 2020. We’re seeing numbers reflect what was the market of 2019, with about 15 properties going under contract per week during the fall season. We do believe prices are leveling out. There are...
by Atha Team