Real Estate Stats: 11/24-12/01

Keenan Coit, Coldwell Banker Distinctive Properties

Current Observations:

Amount of Homes For Sale:

  • 723 listings

  • Last year at this time there were 605

  • Listing activity is higher than last year

Pricing Dynamics:

  • In the past 30 days, there have been over 300 price reductions

  • In the previous month there were 441

  • Seller's are still reducing price as we are in the winter months

Price Distribution:

  • 32%of listings are priced between $250k–$450k

  • 27% fall between $451k–$650k

  • 30% are listed at $651k and above

  • We've observed a decrease in listings in the $250k–$450k price range

Rates & Affordability:

  • Interest rates are hovering around 6.3%

  • Last year at this time they were 6.8%

Coldwell Banker Open House Saturday from 2:00-5:00 PM, I would love for you to stop by and say hey!

In Mesa County

There are currently 723 active homes on the market in Mesa County. This is a 4% decrease compared to two week ago.

The average sold price YTD is $467,468. 

The median sold price YTD is $405,000.

Mortgage Rates Today

My Listings!

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