Real Estate Stats: 11/03-11/10

Keenan Coit, Coldwell Banker Distinctive Properties

Stocks and Treasury yields both popped this morning on hopes the government shutdown could wrap soon, which can pressure mortgage pricing in the short run. 

Even so, the 30-year average is still around 6.34%, only a touch above last week and near 2025 lows, keeping affordability better than it was earlier this year. 

Friday’s data showed consumer sentiment dropping toward pandemic era lows, a sign that demand could cool and bond yields could ease again if the shutdown ends without fresh inflation worries. 

Bottom line for buyers and sellers: rates ticked up a hair, but we remain in a more favorable range, and the next notable move likely hinges on a formal shutdown resolution and the return of delayed economic reports.

This November, our Coldwell Banker Distinctive Properties family is collecting warm clothing and non-perishable food items to help bring warmth and comfort to our local veteran community.

In Mesa County

There are currently 775 active homes on the market in Mesa County. This is a 1.5% increase compared to one week ago.

The average sold price YTD is $468,941. 

The median sold price YTD is $405,000.

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