Compared to this time last year in Mesa County:

Quantity of Listings Sold is down 21%

Volume Sold is down 14%

Average Sale Price is up 9%

Median Sale Price is up 11%

Quantity Active is down 15%

In Mesa County

There are currently 523 active homes on the market in Mesa County. This is a 2% decrease compared to last week.

The average sold price YTD is $430,047 and the median sold price YTD is $390,000.

NATIONAL MARKET UPDATE  

October sales of new single-family homes were up 17.7% from a year ago. But they did take a breather from their September gain, off 5.6% for the month. Buyers should be happy to see the median price down 17.6% from a year ago.

The Pending Home Sales Index of contract signings on existing homes slipped in October. But the National Association of Realtors (NAR) noted, “Home sales are rising in places where more inventory is available.”

The NAR added, “newly built home sales are up 4.5% year-to-date due to homebuilders’ ability to create more inventory.” They're doing just that. Residential Construction Spending posted a nice gain in October.

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