February 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.


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


 
salesprice
 

Median Sales Price February 2017: $200,500

 
 
activelistings
 

Number of Active Listings February 2017: 835

 
 
DAYSONMARKET
 

AVERAGE DAYS ON MARKET FEBRUARY 2017: 112

Monthly Comparison

Historical Comparison


ON AVERAGE HOMES SOLD FOR 97.00% OF THEIR LIST PRICE IN FEBRUARY 2017


INVENTORY BY PRICE RANGE

FEBRUARY 2016 - FEBRUARY 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 78 21 3.2
101k - 200k 1071 249 2.8
201k - 300k 986 305 3.7
301k - 400k 328 140 5.1
401k - 500k 179 55 3.7
501k - 700k 83 74 10.7
701k - 1 million 18 36 24.0
1 million - up 7 21 36.0
:

MEDIAN SOLD PRICE BY AREA

FEBRUARY 2017

medianhomeprice

Grand Junction City: $200,500

NE Grand Junction: $181,000

North Grand Junction: $278,450

Clifton: $134,100

SE Grand Junction: $185,900

Redlands: $272,750

Fruita: $213,750

Palisade: $148,500


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: 3.21%

15 YEAR FIXED RATE: 3.13% 

Mortgage rate information provided 2/02/17 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.