March 2017: Grand Junction Real Estate Market Stats

Keep an eye on what the Mesa County market looks like with our monthly stats!

Tip: Hover over each bar in the graphs to get detailed numbers.

Interested in Market Stats that are Redlands Specific? Click the button below!


Mesa County Historical Gross Sales Volume

Reported by Advanced Title Company

RESIDENTIAL INFORMATION FOR MESA COUNTY

All data, except where noted otherwise, is reported from the GJARA MLS and believed to be accurate but is not guaranteed. Figures shown reflect MLS transactions only and do not include transactions without a realtor. Except where noted, figures reflect residential sales of single family homes, condos and townhouses. 

 

Total Sales Volume ($Millions)

Historical

Monthly

 

Number of Sales

Historical

Monthly


 
averageprice
 

Median Sales Price March 2017: $217,00

 
 
activelistings
 

Number of Active Listings March 2017: 705

 
 
DaysonMarket
 

Average Days on Market March 2017: 100

Monthly Comparison

Historical Comparison


ON AVERAGE HOMES SOLD FOR 98.68% OF THEIR LIST PRICE IN March 2017


INVENTORY BY PRICE RANGE

March 2016 - March 2017

Use this chart on single family residential absorption rates to determine how long it takes to sell a home in each price range. For example, if you have a home listed at $250,000, it will take about 4 months to sell (in perfect circumstances).

Price Range Sold Listings Active Listings Months of Inventory
0 - 100k 79 15 2.3
101k - 200k 1069 267 3.0
201k - 300k 1013 328 3.9
301k - 400k 336 147 5.3
401k - 500k 180 63 4.2
501k - 700k 81 81 12.0
701k - 1 million 16 39 29.3
1 million - up 7 20 34.3
:

MEDIAN SOLD PRICE BY AREA

March 2017

cutehouse

Grand Junction City: $176,500

NE Grand Junction: $192,000

North Grand Junction: $298,763

Clifton: $159,900

SE Grand Junction: $179,500

Redlands: $309,000

Fruita: $259,362

Palisade: $194,000


RESIDENTIAL BUILDING PERMITS ISSUED IN MESA COUNTY 

Historical

2015-2016 Quarterly

Reported from the Mesa County Clerk & Recorders office and believed to be accurate but is not guaranteed.


MORTGAGE RATES

30 YEAR FIXED RATE: 3.89%

15 YEAR FIXED RATE: 3.11% 

Mortgage rate information provided 4/03/17 by Zillow.


2016 Q4 RENTAL INFORMATION

GRAND JUNCTION VACANCY RATE: 1.9%

AVERAGE COLORADO VACANCY RATE: 6.1%

Information provided by Colorado Department of Local Affairs.