Real Estate Stats: 02/03-02/10

Keenan Coit, Coldwell Banker Distinctive Properties

Recent national data shows that the median list price for U.S. homes has stabilized around $400,500, slightly lower than last month, while per-square-foot values continue to rise, indicating steady underlying value growth.

Inventory has improved significantly, with active listings up nearly 25% year-over-year and new listings increasing by 10.8%, which means buyers have more options across the country.

High mortgage rates—currently hovering around 7%—are discouraging some homeowners from selling, though experts expect these rates to gradually decline toward the low-6% range in 2025.

Approximately 15.6% of listings now feature price reductions, suggesting that sellers are adjusting their strategies to attract buyers in a more competitive market.

Overall, these trends indicate a more balanced national market in 2025, with improved inventory and moderated price growth creating better opportunities for both buyers and sellers.

In Mesa County

There are currently 558 active homes on the market in Mesa County. This is a 2% increase compared to one week ago.

The average sold price YTD is $472,715 and the median sold price YTD is $394,000.

Mortgage Rates Today

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