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- Real Estate Stats: 06/02-06/09
Real Estate Stats: 06/02-06/09
Keenan Coit, Coldwell Banker Distinctive Properties
As we enter June, the national real estate landscape is beginning to show signs of weakening due to affordability concerns and stagnant mortgage rates over the past six months.
A notable surge in price cuts—reaching 19% of all listings—highlights a market adjusting to shifting buyer demands and affordability pressures.
Sellers are encountering increased competition, with nearly 500,000 more homes on the market than active buyers, emphasizing the importance of strategic pricing and compelling marketing strategies.
In Mesa County, local inventory levels are seeing a gradual rise, reassuringly not at an alarming pace. This increase in inventory represents a much healthier balance than seen in recent years, offering necessary relief for prospective buyers.
In Mesa County
There are currently 664 active homes on the market in Mesa County. This is a slight increase compared to one week ago.
The average sold price YTD is $463,482 and the median sold price YTD is $400,000.

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