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    October 21, 2022
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A Changed Market Yields Opportunities. And Who You Work with Matters Homes today, like homes in 2019 and before, are selling when they are priced to the market, when they show well, are marketed properly and represented by a known and trusted advocate. That is what we do. Demand remains heightened for property in Montrose County Well-priced homes are still receiving multiple offers and buyers are finding that there are more options available than the last two years Can't find the property? We uncover off-market opportunities through our network of coleagues and with the same passion and work ethic, remain positive, despite what the headlines portend The numbers below do not tell the entire story. On the surface, while units are down, the balance of the numbers show a very impressive year. However, Montrose County's market began to slow when interest rates and inflation both rose higher than leves expected by many economists. The strength of the overall market in 2022 is a combination of early sales in G and the restency of single-family home sales. For example, September was down 1740% from a year ago in unt sales after being up 32.08% in August. This realy is a 02 and Q3 story and demonstrates just how quickly the market has transitioned from earlier in the year. That's Just another reason it is so important to have Nr Panel OLATHE $799,000 7255 5500 Rood Bed 14 Bath 13,135 REDVALE $1,399,000 37661 Highway 4 5 Bed 12 Bath 12.220 sq.ft. DASED FORSA BERKSHIRE HATHAWAY Home Services Colorado Properties MONTROSE $339,000 TBD Power Line MONTROSE $179,900 July to September Comparison YoY In Montrose County NUMBER OF SALES 2019 215 2020 272 2021 254 2022 192 AVERAGE LIST TO SALES PRICE AVG. DAYS ON MARKET 2019 97,43% 202098.26% 2021 90% 2022 90.52% bhhscolorado.com 1970.249.4663 Real estate services in Montrose and beyond! 2019 89 2020 95 2021 72 2022 69 AVERAGE SALES PRICE 2019 $289,746 2020 $317,15 2021 $420,313 2022 5417,069 AVERAGE PRICE/SOFT someone with intimate knowledge of the area and current trends helping you in the market CEDAREDGE $540,000 3d12 BHHSColorado.com Numbers and trends aside, we have the good fortune of being one of the most desirable places to live in Colorado. If you are in Montrose County now, just a glimpse outside of the yellow, orange and red hues signifying our changing season is enough to remind you of how special our valley is. If you are curious about the market, want to talk about your specific situation, or maybe just to learn where the best place to view the changing Aspes may be please reach out anytime MONTROSE $189.000 TBD (Tract 2) Buckhorn Road 5.62 Acres 2019 $159 2020 $3 2021 $230 2022 5252 OLATHE $744.000 73355500 Rod 3 Bed 2 Bath 1,846 MONTROSE $1,190,000 544 Lone Eagle Road 4 Bed 14 Bath 2.648 14.5 Call one of our trusted real estate brokers: Trena Unrein, Brian Unrein Autumn Barrett, Don Bailey, Jeff Keehfuss, Kree Christie, Linda Stell, Makaya Cervone, Michael Scott Dosch, and Donna Justin. A Changed Market Yields Opportunities . And Who You Work with Matters Homes today , like homes in 2019 and before , are selling when they are priced to the market , when they show well , are marketed properly and represented by a known and trusted advocate . That is what we do . Demand remains heightened for property in Montrose County Well - priced homes are still receiving multiple offers and buyers are finding that there are more options available than the last two years Can't find the property ? We uncover off - market opportunities through our network of coleagues and with the same passion and work ethic , remain positive , despite what the headlines portend The numbers below do not tell the entire story . On the surface , while units are down , the balance of the numbers show a very impressive year . However , Montrose County's market began to slow when interest rates and inflation both rose higher than leves expected by many economists . The strength of the overall market in 2022 is a combination of early sales in G and the restency of single - family home sales . For example , September was down 1740 % from a year ago in unt sales after being up 32.08 % in August . This realy is a 02 and Q3 story and demonstrates just how quickly the market has transitioned from earlier in the year . That's Just another reason it is so important to have Nr Panel OLATHE $ 799,000 7255 5500 Rood Bed 14 Bath 13,135 REDVALE $ 1,399,000 37661 Highway 4 5 Bed 12 Bath 12.220 sq.ft. DASED FORSA BERKSHIRE HATHAWAY Home Services Colorado Properties MONTROSE $ 339,000 TBD Power Line MONTROSE $ 179,900 July to September Comparison YoY In Montrose County NUMBER OF SALES 2019 215 2020 272 2021 254 2022 192 AVERAGE LIST TO SALES PRICE AVG . DAYS ON MARKET 2019 97,43 % 202098.26 % 2021 90 % 2022 90.52 % bhhscolorado.com 1970.249.4663 Real estate services in Montrose and beyond ! 2019 89 2020 95 2021 72 2022 69 AVERAGE SALES PRICE 2019 $ 289,746 2020 $ 317,15 2021 $ 420,313 2022 5417,069 AVERAGE PRICE / SOFT someone with intimate knowledge of the area and current trends helping you in the market CEDAREDGE $ 540,000 3d12 BHHSColorado.com Numbers and trends aside , we have the good fortune of being one of the most desirable places to live in Colorado . If you are in Montrose County now , just a glimpse outside of the yellow , orange and red hues signifying our changing season is enough to remind you of how special our valley is . If you are curious about the market , want to talk about your specific situation , or maybe just to learn where the best place to view the changing Aspes may be please reach out anytime MONTROSE $ 189.000 TBD ( Tract 2 ) Buckhorn Road 5.62 Acres 2019 $ 159 2020 $ 3 2021 $ 230 2022 5252 OLATHE $ 744.000 73355500 Rod 3 Bed 2 Bath 1,846 MONTROSE $ 1,190,000 544 Lone Eagle Road 4 Bed 14 Bath 2.648 14.5 Call one of our trusted real estate brokers : Trena Unrein , Brian Unrein Autumn Barrett , Don Bailey , Jeff Keehfuss , Kree Christie , Linda Stell , Makaya Cervone , Michael Scott Dosch , and Donna Justin .