New Listing! BERKSHIRE HATHAWAY HOMESERVICES COLORADO PROPERTIES MONTROSE $549,990 62297 Ida Road 2 Beds 2 Baths 1.872 sq.ft. Donna Harville Justin 970 216.8316 New Listing! MONTROSE $169.000 TBD Buckhorn Road (Tract 2) 5.62 Acres with fabulous views! Don Bailey, 970.2098257 GARNET MESA ESTATES $595,000 500 Willow Wood Lane 3 Beds 2 Baths 12.351 sq. ft. Linda Steil 970 417.8082 50k Price Reduction! RAVENS CREST $569,900 3288 Ravens Crest Drive 4 Beds 2 Baths 1,915 sq. ft. Linda Steil, 970 417 8082 New Listing! Sold Listings in Montrose County have increased over 42% compared to last year. If you'd like more information about the value of your home, give us a call today. 42% DELTA-THE ORCHARD $749.990 TBD Cedar Road 57.55 Acres with Sand Filtered Irrigation Kree Christie, 970,275.3153 BH RISE IN HOME INVENTORY HS SIGNALS INCREASED BUYER ACTIVITY As predicted, available homes for sale are increasing entering the warmer months Compared to a year ago, inventory in our area is up 2% while pending sales have increased almost 33%. With new inventory coming on to market throughout the area, expect buyer activity to increase and properties to sell given the high buyer interest and demand. Compared to 2023, April residential sales increased 42% while the average sale price was over $492k! This demonstrates both strength and activity in the markets of the area and also indicates that many local homeowners and buyers remain a little less active, likely due to interest rate volatility and some areas experiencing lower-than-average inventory to consider. As of April, many economists and leading real estate professionals expect homes to continue to appreciate about 3% in 2024. The lower inventory and positive interest in our markets should keep prices strong throughout the year. Expected interest rate cuts in the third and fourth quarters to create even more demand in the market May is generally a quiet time in the area as we transition from winter to spring/summer (and sometimes back again). The market here locally remains dynamic. I'd be happy to visit with you about your home or area of interest anytime. Let's connect soon! 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 Trena Unrein, Brian Unrein, Autumn Barrett, Don Bailey, Jeff Kehu Kree Christie, Linda Maya Cervone, Michael Scott Dosch, Heidi Lutz, Medi Sepah and Donna Justin New Listing ! BERKSHIRE HATHAWAY HOMESERVICES COLORADO PROPERTIES MONTROSE $ 549,990 62297 Ida Road 2 Beds 2 Baths 1.872 sq.ft. Donna Harville Justin 970 216.8316 New Listing ! MONTROSE $ 169.000 TBD Buckhorn Road ( Tract 2 ) 5.62 Acres with fabulous views ! Don Bailey , 970.2098257 GARNET MESA ESTATES $ 595,000 500 Willow Wood Lane 3 Beds 2 Baths 12.351 sq . ft . Linda Steil 970 417.8082 50k Price Reduction ! RAVENS CREST $ 569,900 3288 Ravens Crest Drive 4 Beds 2 Baths 1,915 sq . ft . Linda Steil , 970 417 8082 New Listing ! Sold Listings in Montrose County have increased over 42 % compared to last year . If you'd like more information about the value of your home , give us a call today . 42 % DELTA - THE ORCHARD $ 749.990 TBD Cedar Road 57.55 Acres with Sand Filtered Irrigation Kree Christie , 970,275.3153 BH RISE IN HOME INVENTORY HS SIGNALS INCREASED BUYER ACTIVITY As predicted , available homes for sale are increasing entering the warmer months Compared to a year ago , inventory in our area is up 2 % while pending sales have increased almost 33 % . With new inventory coming on to market throughout the area , expect buyer activity to increase and properties to sell given the high buyer interest and demand . Compared to 2023 , April residential sales increased 42 % while the average sale price was over $ 492k ! This demonstrates both strength and activity in the markets of the area and also indicates that many local homeowners and buyers remain a little less active , likely due to interest rate volatility and some areas experiencing lower - than - average inventory to consider . As of April , many economists and leading real estate professionals expect homes to continue to appreciate about 3 % in 2024. The lower inventory and positive interest in our markets should keep prices strong throughout the year . Expected interest rate cuts in the third and fourth quarters to create even more demand in the market May is generally a quiet time in the area as we transition from winter to spring / summer ( and sometimes back again ) . The market here locally remains dynamic . I'd be happy to visit with you about your home or area of interest anytime . Let's connect soon ! 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 Trena Unrein , Brian Unrein , Autumn Barrett , Don Bailey , Jeff Kehu Kree Christie , Linda Maya Cervone , Michael Scott Dosch , Heidi Lutz , Medi Sepah and Donna Justin