Fruita Homes and Real Estate February 2016
Fruita, A Hometown With So Much to See and Do!
Fruita Homes and Real Estate is starting 2016 with more inventory and low interest rates.
Home prices have not declined, the chart below only tracks sales for February. So if the sales are lower priced homes that does not mean the market has dropped. There are some very nice upper priced homes that are under contract. We are seeing a huge spring surge in listings and sales. Fruita homes and real estate offers many choices lifestyles, a vibrant town, excellent recreation and panoramic mountain views.
|Key Metrics||2015||2016||% Change|
|Median Sales Price||$215,000||$179,500||-16.5%|
|Average Sales Price||$228,205||$184,257||-19.3%|
|Percent List Price Received||98.3%||96.8%||-1.5%|
|Days on Market||121||112||-7.4%|
|Inventory of Homes for Sale||138||142||+2.9%|
|Months Supply of Inventory||4.8||5.2||+8.3%|
If you are looking to buy or sell a home in Fruita or in the Grand Valley, call Sandra (970) 261-1686.
Personalized service, attention to detail is what I am known for.
Market data report, courtesy of Land Title deemed to be accurate and reliable.