What are we seeing?

 

Inventory continues to rise - up 30% from a year ago.

 

Days on market is up 12% from last year at this time, but down a bit from our peak earlier this year.

 

Are we seeing a bit of a housing revival in Mesa County? Sales are up 7.5% from last September. Things appear to have settled in and properties that are priced appropriately are selling.

 

The median sales price is down 3.5% from last year at $420,000.

 

Close price to list price ratio remains virtually the same. This is more proof that the market has stabilized.

 

What does this mean for you if you are looking to buy or sell? Give us a call and let's chat.