RE Stats: 3/13-3/20

Keenan Coit, Coldwell Banker Distinctive Properties

March 20, 2023

In Mesa County

  • There are currently 445 active homes on the market in Mesa County. This is a 3% decrease from 460 last week.

  • The average sold price YTD is $405,436 and the median sold price YTD is $360,000.

  • There have been 52 price reductions in the last 7 days.

  • There have been 7 new listings in the last 7 days.

  • There have been 93 pending listings in the last 7 days.

  • The average DOM for the active homes is 94.

NATIONAL MARKET UPDATE

Increasing for the first time in six months, housing starts shot up 9.8% in February, with both single-family and multi-unit projects posting gains. Building permits did even better—up 13.8%, the largest monthly gain in two years.

Home builders are clearly feeling more optimistic. The homebuilder sentiment index headed up for the third straight month, indicating the housing market is starting to find its footing in the present mortgage rate environment.

Realtor.com reports active inventory keeps climbing—up 61% from a year ago. Homes are spending more time on the market than last year, but they’re still selling quicker than before the pandemic, suggesting continuing buyer demand.

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