Real Estate Stats: 01/15-01/22

Keenan Coit, Coldwell Banker Distinctive Properties

January 22, 2024

The beginning of the new year has seen a sluggish pace in the real estate market, both in Grand Junction and nationwide.

Although there has been a decrease in rates, they remain approximately at 6.8% for a 30-year mortgage.

Recently, there has been a surge in new listings. This week, we observed 80 new listings, in contrast to 40 properties that were sold.

I anticipate that the inventory will keep increasing in the upcoming months, until there is a substantial decline in interest rates.

In Mesa County

There are currently 468 active homes on the market in Mesa County. This is a 2% increase compared to two weeks ago.

The average sold price YTD is $391,328 and the median sold price YTD is $355,000.

79 New Listings

Click here to view the new listings from the last week.

40 Sold Listings

Click here to view the sold listings from the last week.

Mortgage Rates Today

3 Must-Do’s When Selling Your House in 2024

If one of the goals on your list is selling your house and making a move this year, you’re likely juggling a mix of excitement about what’s ahead and feeling a little sentimental about your current home.

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