Real Estate Stats: 07/08-07/15

Keenan Coit, Coldwell Banker Distinctive Properties

Great news for the Mesa County real estate market! 

Mortgage rates have begun to decline, dropping to around 6.81 percent, which is expected to invigorate homebuyer activity. 

With Federal Reserve Chair Jerome Powell's optimistic outlook on inflation reduction, we're likely to see continued rate cuts. 

These favorable conditions are set to drive a stronger housing market in Mesa County as we move toward the end of the year. 

Exciting times are ahead for both buyers and sellers!

In Mesa County

There are currently 529 active homes on the market in Mesa County. This is a 3.5% increase compared to a week ago.

The average sold price YTD is $452,332 and the median sold price YTD is $400,000.

Mortgage Rates Today

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