Grand Junction Homes and Real Estate market has started the spring buying season with increased prices and sales! Sold listings increased 23.6% to 241. The Median Sales Price increased 18.2% to $1879,500. Sellers were encouraged as Months Supply of Inventory was down 25.4% to 4.7 months. The jobs picture looks promising. Employment drives home-buying activity. If you are looking to buy or sell a home in the Grand Valley area, call Sandra (970) 261-1686 now!
KEY METRICSMarch 2014March 2015% Change New listings412409-o.7% Pending Sales 242 403 +66.5% Sold Listings 195 241 +23.6% Median Sold Price $158,600 $187,500 +18.2% Average Sold Price$180,559 $201,986 +11.9% % of List Price Received96.9% 97.9% +1.0% Days on Market 123 117 -4.9% Affordability Index 178 148 -16.9% Active Listings 1377 1,115 -19.0%Months Supply6.34.7-25.4%
Median Sold Price – A measure of home values in a market area where 50% activity was higher and 50% was lower than this price point.
Average Sold Price – A sum of all home sales prices divided by total number of sales.
Data courtesy of Grand County Board of REALTORS® Inc. MLS
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Area# Of Transactions Average PriceMedian PriceAverage PPSF City of Grand Junction 34 $150,748$147,000$92 Clifton 25 #119,696$125,000$98 Fruita 35$240,417$228,000$133 Fruitvale 82$172,788$166,000$112 Mall 25$219,595$205,400$127 North 24 $271,573$245,000$125 Orchard Mesa & East Orchard Mesa 26$200,782$228,700$116 Palisade 5$269,725$229,500$165 Redlands 25$2225,214$133,750$125 Rural14$199,300$145,000$118
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