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    October 11, 2024
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BERKSHIRE HATHAWAY HOMESERVICES COLORADO PROPERTIES New Listings in Montrose Have increased over 14% compared to last year. If you'd like more information about the value of your home, give us a call today. 14% MONTROSE $429,000 17085 Pioneer Road 3 Beds 12 Baths 11,690 sq f Don Bay, 920 209257 THE RETURN OF FUNDAMENTALS Our market is back to more typical fundamentals Price location; and condition factors, elements that the market deviated from in the height of pandemic-era real estate have returned interest rates, too. are back to normal fluctuations but have trended down in the last few months in anticipation of macroeconomic shifts. All to say that we are returning to state of normal and predictable buyer and seller activity in the market. That is positive Compared to 2025, through the third quarter of 2024 in Montrose County, both unit sales (up 5.49%) and dollar volume (up 13.6%) demonstrate continued strength in the market as we enter the winter season. Buyers remain actively engaged but remain critical of pricing With strength in equity markets and more favorable interest rates. 2025 should be an active year for markets. Additionally, home price appreciation is expected to be modest nationwide This, plus interest rates moving down and more inventory, should create attractive opportunities for buyers as well as sellers looking to make a move While this is generally a quieter time in the market activity still exists and those who have been on the sidelines may find opportunities by making a move advantageous if you are curious about your home's value or are looking for new opportunities to buy, please contact me anytime to discuss. The market remains dynamic and local, and I would love the chance to learn more about your goals for 2025. Curious about what your home is worth in today's market? Scan the QR Code to get a free, no-obligation home valuation and find out! Whether you're thinking of selling or just want to stay. informed, knowing your home's value is the first step. Don't miss out on this opportunity Get Your Home's Value Now! Why Pricing Right Matters When it comes to pricing your home, setting it at market value will increase the visibility of your listing and drive more buyers your way. This strategy actually increases the number of buyers who will see your home in their search process. Lost value Decreased Under buying power Market Value Over Deters potential buyers because they think something is wrong Site on market longer Deters potential buyers Price drops can send the wrong message bhhscolorado.com 1970.249.4663 Real estate services in Montrose and beyond! 11 Offices and over 160 real estate brokers Call one of our trusted real estate brokers Tren Unrein, Brian Unrein, Don Bailey, Jeff Kentu Kree Christie, Linda Stel Makaya Cervon Michael Scott Dosch, Heidi Lutz Mehdi Sepa and Donna Justin BERKSHIRE HATHAWAY HOMESERVICES COLORADO PROPERTIES New Listings in Montrose Have increased over 14 % compared to last year . If you'd like more information about the value of your home , give us a call today . 14 % MONTROSE $ 429,000 17085 Pioneer Road 3 Beds 12 Baths 11,690 sq f Don Bay , 920 209257 THE RETURN OF FUNDAMENTALS Our market is back to more typical fundamentals Price location ; and condition factors , elements that the market deviated from in the height of pandemic - era real estate have returned interest rates , too . are back to normal fluctuations but have trended down in the last few months in anticipation of macroeconomic shifts . All to say that we are returning to state of normal and predictable buyer and seller activity in the market . That is positive Compared to 2025 , through the third quarter of 2024 in Montrose County , both unit sales ( up 5.49 % ) and dollar volume ( up 13.6 % ) demonstrate continued strength in the market as we enter the winter season . Buyers remain actively engaged but remain critical of pricing With strength in equity markets and more favorable interest rates . 2025 should be an active year for markets . Additionally , home price appreciation is expected to be modest nationwide This , plus interest rates moving down and more inventory , should create attractive opportunities for buyers as well as sellers looking to make a move While this is generally a quieter time in the market activity still exists and those who have been on the sidelines may find opportunities by making a move advantageous if you are curious about your home's value or are looking for new opportunities to buy , please contact me anytime to discuss . The market remains dynamic and local , and I would love the chance to learn more about your goals for 2025 . Curious about what your home is worth in today's market ? Scan the QR Code to get a free , no - obligation home valuation and find out ! Whether you're thinking of selling or just want to stay . informed , knowing your home's value is the first step . Don't miss out on this opportunity Get Your Home's Value Now ! Why Pricing Right Matters When it comes to pricing your home , setting it at market value will increase the visibility of your listing and drive more buyers your way . This strategy actually increases the number of buyers who will see your home in their search process . Lost value Decreased Under buying power Market Value Over Deters potential buyers because they think something is wrong Site on market longer Deters potential buyers Price drops can send the wrong message bhhscolorado.com 1970.249.4663 Real estate services in Montrose and beyond ! 11 Offices and over 160 real estate brokers Call one of our trusted real estate brokers Tren Unrein , Brian Unrein , Don Bailey , Jeff Kentu Kree Christie , Linda Stel Makaya Cervon Michael Scott Dosch , Heidi Lutz Mehdi Sepa and Donna Justin