January is part of the seasonal slow down we typically see in sales and new listings beginning in November. The numbers reflect lack of interest in buyers and sellers to get motivated during the colder, holiday filled months.
If you are looking to buy or sell a home in the Grand Valley area, call Sandra (970) 261-1686 now!
KEY METRICS | January 2015 | % CHANGE |
New Listings | 308 | +6.2% |
Pending Sales | 199 | +11.8% |
Sold Listings | 147 | +1.4% |
Median Sold Price | $171,000 | +0.6% |
Average Sold Price | $200,901 | +4.4% |
% of List Price Received | 96.7% | -0.2% |
Days on Market | 136 | +6.3% |
Affordability Index | 164 | 0.0% |
Active Listings | 1,182 | -5.8% |
Months Supply | 5.1 | -8.9% |
Median Sold Price – A measure of home values in a market area where 50% of activity was higher and 50% was lower.
Average Sold Price – A sum of all home sales prices divided by total number of sales.
Data report courtesy of Grand County Board of REALTORS® Inc.. MLS
AREA | # Of Transactions | Average Price | Median Price | Average PPSF |
City of Grand Junction | 21 | $157,742 | $162,725 | $112 |
Clifton | 11 | $154,930 | $152,000 | $102 |
Fruita | 36 | $225,411 | $192,000 | $123 |
Fruitvale | 25 | $161,543 | $162,500 | $112 |
Mall | 22 | $294,800 | $226,400 | $136 |
North | 5 | $210,700 | $212,500 | $109 |
Orchard Mesa & East Orchard Mesa | 20 | $142,863 | $115,100 | $84 |
Palisade | 3 | $213,900 | $213,900 | $116 |
Redlands | 14 | $297,818 | $208,000 | $158 |
Rural | 8 | $232,333 | $259,000 | $224 |