Real Estate Stats: 05/05-05/12

Keenan Coit, Coldwell Banker Distinctive Properties

The real estate market continues to shift as we head deeper into spring.

Nationwide, home prices are still rising—up 3.4% this quarter—but fewer cities are seeing the double-digit spikes we grew accustomed to over the last few years. 

Meanwhile, new tariffs on imported materials have dramatically increased renovation costs, with kitchen updates alone becoming nearly 78% more expensive due to tariff hikes on countertops and appliances.

Despite rising mortgage rates and economic uncertainty, buyers remain active, though they're becoming more selective and strategic.

As we dive into local Mesa County trends this week, keep an eye on how these broader economic factors might shape our market in the coming months.

In Mesa County

There are currently 616 active homes on the market in Mesa County. This is a 2% increase compared to one week ago.

The average sold price YTD is $453,197 and the median sold price YTD is $397,431.

Mortgage Rates Today

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