The Montrose real estate market is primed for a spring revival as housing inventory volumes increase. The housing marketplace seems to be shifting into a buyer’s market over the $500K price range. With fewer buyers making acceptable offers, more properties have been lingering on the market in the upper-end price range during the winter months. Unit sales of homes year-over-year diminished 36% in March, causing concern for a deeper slowdown in the Montrose real estate market. Homes are also taking 2.5 weeks longer to procure an acceptable offer. Opportunities for home buyers may arise if inv ..read more

The Montrose real estate market is beginning to thaw as mortgage rates dip back under 7%. Home sales slightly increased from a year earlier and home purchase applications are up 10.6% as of recent. Mortgage rates receded from their 7% threshold over the past 3-weeks while first-time home buyers have been particularly responsive to mortgage rate declines. If rates hold under 7%, it’s reasonable to expect a more active spring housing market relative to last year. The market is a little bit of a catch-22 environment for buyers due to the limited supply of homes. If rates decrease, ho ..read more

The Montrose real estate market had its worst month since 2010 with only 17 homes selling in January. And if you lived in the Uncompahgre Valley at the time, you’ll remember that 2010 was the bottom for the valley. The difference between then and now is the catalyst. Essentially, this housing downturn is interest rate driven, rather than easy lending and speculation as seen in 2008. The good news is that rates are most likely going to hold steady or begin to ease, based on recent Federal Reserve comments last week. The housing market has been frozen for most of last year as rates held a ..read more

   The Montrose real estate market had its worst month since 2010 with only 17 homes selling in January. And if you lived in the Uncompahgre Valley at the time, you’ll remember that 2010 was the bottom for the valley. The difference between then and now is the catalyst. Essentially, this housing downturn is […] The post Is The Frozen Housing Market Starting to Thaw? – February Real Estate Stats appeared first on Atha Team | Montrose Real Estate Agent 970-417-9375 ..read more

   A quick perusal of the graphs shows that despite the concern and ‘the sky is falling’ narrative preached by many, homes in Montrose still went up in price this past year relative to 2022. Yet unit sales continue to decrease, averaging over 23% over the last 3 months. The main consideration here is […] The post Declining Sales But Prices Going Up – January Real Estate Stats appeared first on Atha Team | Montrose Real Estate Agent 970-417-9375 ..read more

   The Montrose market is quite slow for December relative to the last few years of activity. There are very few homes available for sale and very few buyers actively looking. The big meeting this week at the Federal Reserve will greatly affect what happens in the real estate market in 2024. All eyes […] The post Where is Housing Headed in 2024? – December Real Estate Stats appeared first on Atha Team | Montrose Real Estate Agent 970-417-9375 ..read more

 The Montrose Real Estate market is following suit with the traditional fall-season slowdown. Kids are back in school and the cooler temps are ushering in the closure of the typical home-purchasing season. Homes are selling, albeit taking longer to sell than what the market has been accustomed to. The housing Inventory is averaging 3.6 […] The post Why Are Home Buyers Reassessing? – October Real Estate Stats appeared first on Atha Team | Montrose Real Estate Agent 970-417-9375 ..read more

 The Montrose real estate market experienced a resurgence of home prices in August. The surge in the median sale price of existing homes was due to an increase in luxury home sales; 8 of the 9 highest-selling homes in August were purchased with cash. The increase in greenback purchases in the upper-end market is […] The post Shortest Housing Cycle Ever? – September Real Estate Stats appeared first on Atha Team | Montrose Real Estate Agent 970-417-9375 ..read more

 Montrose Market Depending on who you are, the Montrose Colorado real estate market is either crashing or still quite strong. Home buyers who have been sitting on the sidelines, waiting for “a good deal”, expound upon the woes of 2008. Other home buyers are attempting to time the market and talk of an “everything […] The post Is The Market Still Strong If You’re Selling a Home? – August Real Estate Stats appeared first on Atha Team | Montrose Real Estate Agent 970-417-9375 ..read more

 Montrose Market The local Montrose housing market experienced an activity uptick in June relative to the prior two months. The mid-spring 3-month unit sale average was down only 23% from the previous 12 months, due to an uptick in June sales. Not bad considering the winter season was down close to 40% from the previous […] The post 2-Years of Housing Inventory? – July Real Estate Stats appeared first on Atha Team | Montrose Real Estate Agent 970-417-9375 ..read more