Grand Junction home prices remained flat, new listings increased by 30, pending sales are up by 45 units and sold units are by 47.
Sellers are hoping for an active spring market and an increase in values, it has been a long time coming.
If you are looking to buy or sell a home in the Grand Valley area, call Sandra (970) 261-1686 now!
KEY METRICS | Feb. 2015 | % Change 2014 |
New Listings | 338 | +7.0% |
Pending Sales | 246 | +42.2% |
Sold Listings | 194 | +29.3% |
Median Sold Price | $175,683 | -1.0% |
Average Sold Price | $197,691 | -7.7% |
% List Price Received | 97.2% | -0.4% |
Days on Market | 131 | -7.1% |
Affordability Index | 160 | +0.6% |
Active Listings | 1,196 | -8.0% |
Months Supply | 5.1 | -12/1% |
Average Sold Price – A sum of all home sales prices divided by total number of sales.
Median Sold Price – A measure of home values in a market area where 50% of activity was higher and 50% was lower than this price point.
Data courtesy of Grand County Board of REALTORS® Inc. MLS
AREA | # OF Transactions | Average Price | Median Price | Average PPSF |
City of Grand Junction | 28 | $144,544 | $129,900 | $103 |
Clifton | 16 | $129,907 | $130,000 | $103 |
Fruita | 26 | $218,536 | $209,000 | $134 |
Fruitvale | 50 | $149,654 | $157,00 | $100 |
Mall | 27 | $260,598 | $214,900 | $115 |
North | 16 | $270,644 | $269,500 | $131 |
Orchard Mesa & East Orchard Mesa | 20 | $162,315 | $147,000 | $102 |
Palisade | 10 | $294,644 | $225,000 | $138 |
Redlands | 19 | $387,286 | $337,500 | $154 |
Rural | 22 | $259,364 | $259,000 | $148 |