BERKSHIRE HATHAWAY Home Services Colorado Properties OVERALL MARKET SLOWS POSITIVE SIGNS EMERGING Since the onset of the stock market decline and inflation and interest rate levels ing this spring, the overall Montrose County real estate market activity levels have been slowing While it is almost unfair to compare today's market to the hamed state of 2021 the numbers in November of this year compared to both 2021 and pre-pandemic November of 2019 demonstrate a marked shift in the valley, residential sales in November dropped 19 34% from a year ago yet increased from 2019 MONTROSE $1,140,000 55434 Lone Eagle Road 4 Bedroom 14 Goth13.648 DATED PUASA DO CEDAREDGE 3525.000 15960 Sant La There are signs that things are beginning to come into balance. Most economists say that we have likely seen the peak of interest rates and ination, and both will slowly continue to come down with interest rates remaining below our historic norms and allowing more buyers to enter the market and make moves within it Buyers hesitant to purchase at the top of the market now have more purchasing power than a few months ago but because supply remains tight should not expect deeply discounted homes-rather more options and less competition For sellers looking to make a move, the good news is that buyers are watching and waiting intently Homes priced to the market are selling quickly interest is high and while buyers may be waiting for the proverbial "bottom", so too are others and if the right property comes to market, it's best to make a move when it does, and negotiate a market price versus waiting. On average, Homes are selling at 994% of their last price so there is not much room or opportunity to negotiate. As always, out dynamic market is geographically sensitive Let's talk about your specific interest and create a plan unique to you. We are always here to help. MONTROSE $189.000 MONTROSE $339,000 830 South Forty Drive 3 Bedroom 2 Bath140 bhhscolorado.com 1970.249.4663 Real estate services in Montrose and beyond! The Unrein Team 970.209.9947 or 970.5966748 MONTROSE $399,000 Lot 34 Industrial Drive 127 Acres Don Bailey 970.209.8257 (2) BHHSColorado.com OLATHE $399,000 7255 5500 Road 5 Bed 14 B3,135 Call one of our trusted real estate brokers: Trena Unrein, Brian Unrein Autumn Barrett Don Bailey, Jeff Keehus, Kree Christie, Linda Stell, Makaya Cervone, Michael Scott Dosch, and Donna Justin. BERKSHIRE HATHAWAY Home Services Colorado Properties OVERALL MARKET SLOWS POSITIVE SIGNS EMERGING Since the onset of the stock market decline and inflation and interest rate levels ing this spring , the overall Montrose County real estate market activity levels have been slowing While it is almost unfair to compare today's market to the hamed state of 2021 the numbers in November of this year compared to both 2021 and pre - pandemic November of 2019 demonstrate a marked shift in the valley , residential sales in November dropped 19 34 % from a year ago yet increased from 2019 MONTROSE $ 1,140,000 55434 Lone Eagle Road 4 Bedroom 14 Goth13.648 DATED PUASA DO CEDAREDGE 3525.000 15960 Sant La There are signs that things are beginning to come into balance . Most economists say that we have likely seen the peak of interest rates and ination , and both will slowly continue to come down with interest rates remaining below our historic norms and allowing more buyers to enter the market and make moves within it Buyers hesitant to purchase at the top of the market now have more purchasing power than a few months ago but because supply remains tight should not expect deeply discounted homes - rather more options and less competition For sellers looking to make a move , the good news is that buyers are watching and waiting intently Homes priced to the market are selling quickly interest is high and while buyers may be waiting for the proverbial " bottom " , so too are others and if the right property comes to market , it's best to make a move when it does , and negotiate a market price versus waiting . On average , Homes are selling at 994 % of their last price so there is not much room or opportunity to negotiate . As always , out dynamic market is geographically sensitive Let's talk about your specific interest and create a plan unique to you . We are always here to help . MONTROSE $ 189.000 MONTROSE $ 339,000 830 South Forty Drive 3 Bedroom 2 Bath140 bhhscolorado.com 1970.249.4663 Real estate services in Montrose and beyond ! The Unrein Team 970.209.9947 or 970.5966748 MONTROSE $ 399,000 Lot 34 Industrial Drive 127 Acres Don Bailey 970.209.8257 ( 2 ) BHHSColorado.com OLATHE $ 399,000 7255 5500 Road 5 Bed 14 B3,135 Call one of our trusted real estate brokers : Trena Unrein , Brian Unrein Autumn Barrett Don Bailey , Jeff Keehus , Kree Christie , Linda Stell , Makaya Cervone , Michael Scott Dosch , and Donna Justin .