RE Stats: 12/11-12/18

Keenan Coit, Coldwell Banker Distinctive Properties

Mesa County over the past 12 months:

📊 December 19, 2022:

Active listings: 547

  Average sales price: $425,804

📊 December 18, 2023:

Active listings: 497

  Average sales price: $430,209

In Mesa County

There are currently 497 active homes on the market in Mesa County. This is a slight decrease compared to last week.

The average sold price YTD is $430,209 and the median sold price YTD is $390,000.

NATIONAL MARKET UPDATE  

Realtor.com reports active inventory came in last week 4% above a year ago, pushed north by new listings, up almost 7% from a year ago. The median listing price showed a modest 1.5% annual gain.

The Mortgage Bankers Association revealed demand for purchase mortgages headed up five of the past six weeks, while demand for refinances blasted off—jumping by 19% last week, 27% ahead of a year ago.

Freddie Mac believes that given “the Federal Reserve Board’s current expectations that they will lower the federal funds target rate next year, we likely will see a gradual thawing of the housing market in the new year.”

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