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    September 14, 2021
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BH Local Market Update for August 2021 Provided by Berkshire Hathaway HomeServices Western Colorado Properties 435 S Townsend Ave 970-249-HOME (4663) MontroseColorado.com BERKSHIRE HATHAWAY HomeServices Western Colorado Properties Make Sure Your Agent is a REALTOR MONTROSE COUNTY Contact a Western Colorado Properties Agent for more Not all agents R C are the samet REALTORS SINGLE FAMILY AUGUST YEAR TO DATE KEY METRICS 2020 2021 % Change Thru 8-2020 Thru 8-2021 % Change + 7.1% - 23.1% 700 New Listings Pending Sales Closed Sales + 5.1% + 6.6% 85 91 736 108 83 592 631 105 75 - 28.6% 494 605 + 22.5% Days on Market Until Sale Median Sales Price Average Sales Price" Percent of List Price Received - 16.8% + 35.4% 92 67 - 27.2% 101 84 $285,000 $385,000 $408,733 + 35.1% $271,823 $368,000 $408,197 99.5% $340,325 + 20.1% $309,713 + 31.8% 98.0% 99.8% + 1.8% 98.0% + 1.5% Inventory of Homes for Sale Months Supply of Inventory TOWNHOUSE/CONDO 204 143 - 29.9% 3.0 1.9 - 36.7% AUGUST YEAR TO DATE KEY METRICS 2020 2021 % Change Thru 8-2020 Thru 8-2021 % Change New Listings Pending Sales 4 + 33.3% 29 32 + 10.3% 4 0.0% 28 34 + 21.4% Closed Sales 6. 3 - 50.0% 23 30 + 30.4% Days on Market Until Sale Median Sales Price Average Sales Price Percent of List Price Received Inventory of Homes for Sale Months Supply of Inventory 141 50 - 64.5% 98 82 - 16.3% $238,488 $242,167 $245,000 $220,000 $225,000 $239,817 + 2.7% $260,000 + 15.6% - 9.2% - 1.8% $262,692 + 9.5% + 0.8% 96.5% 94.8% 98.8% 99.6% 5 - 60.0% 1.3 0.5 - 61.5% "Does not account for sale concessions and'or down payment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size. M Certy a Median Sales Price - Median Sales Price - Single Family Rolling 12-Month Calculation Townhouse-Condo Rolling 12-Month Calculation A rolling 12-month calculation represents the curent month and the 11 morths prior in a single data point. If no activity occumred duringa month, the ine extends to the next avalable data point. Cument as of September 3, 2021. Al data from Colorado Real Estate Network. Report © 2021 ShowingTime. Statistics provided by the Colorado Association of REALTORS 0 2021 BHH AMates, LLC. An indeperdently owned and operated franchisee of BHH AMates. LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway Homeservices symbol are registered service marks of Columbia Insurance Company. a Berkshire Hattaway attiliate. Equal Housing Opportunity. BH Local Market Update for August 2021 Provided by Berkshire Hathaway HomeServices Western Colorado Properties 435 S Townsend Ave 970-249-HOME (4663) MontroseColorado.com BERKSHIRE HATHAWAY HomeServices Western Colorado Properties Make Sure Your Agent is a REALTOR MONTROSE COUNTY Contact a Western Colorado Properties Agent for more Not all agents R C are the samet REALTORS SINGLE FAMILY AUGUST YEAR TO DATE KEY METRICS 2020 2021 % Change Thru 8-2020 Thru 8-2021 % Change + 7.1% - 23.1% 700 New Listings Pending Sales Closed Sales + 5.1% + 6.6% 85 91 736 108 83 592 631 105 75 - 28.6% 494 605 + 22.5% Days on Market Until Sale Median Sales Price Average Sales Price" Percent of List Price Received - 16.8% + 35.4% 92 67 - 27.2% 101 84 $285,000 $385,000 $408,733 + 35.1% $271,823 $368,000 $408,197 99.5% $340,325 + 20.1% $309,713 + 31.8% 98.0% 99.8% + 1.8% 98.0% + 1.5% Inventory of Homes for Sale Months Supply of Inventory TOWNHOUSE/CONDO 204 143 - 29.9% 3.0 1.9 - 36.7% AUGUST YEAR TO DATE KEY METRICS 2020 2021 % Change Thru 8-2020 Thru 8-2021 % Change New Listings Pending Sales 4 + 33.3% 29 32 + 10.3% 4 0.0% 28 34 + 21.4% Closed Sales 6. 3 - 50.0% 23 30 + 30.4% Days on Market Until Sale Median Sales Price Average Sales Price Percent of List Price Received Inventory of Homes for Sale Months Supply of Inventory 141 50 - 64.5% 98 82 - 16.3% $238,488 $242,167 $245,000 $220,000 $225,000 $239,817 + 2.7% $260,000 + 15.6% - 9.2% - 1.8% $262,692 + 9.5% + 0.8% 96.5% 94.8% 98.8% 99.6% 5 - 60.0% 1.3 0.5 - 61.5% "Does not account for sale concessions and'or down payment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size. M Certy a Median Sales Price - Median Sales Price - Single Family Rolling 12-Month Calculation Townhouse-Condo Rolling 12-Month Calculation A rolling 12-month calculation represents the curent month and the 11 morths prior in a single data point. If no activity occumred duringa month, the ine extends to the next avalable data point. Cument as of September 3, 2021. Al data from Colorado Real Estate Network. Report © 2021 ShowingTime. Statistics provided by the Colorado Association of REALTORS 0 2021 BHH AMates, LLC. An indeperdently owned and operated franchisee of BHH AMates. LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway Homeservices symbol are registered service marks of Columbia Insurance Company. a Berkshire Hattaway attiliate. Equal Housing Opportunity.