Palisade Homes and Real Estate February 2016
Palisade is Colorado’s Fruit and Wine Country and Home to Some of the Best Festivals in the Grand Valley.
Palisade Homes is still experiencing a shortage of home inventory and listings are off by -46% since 2015.
| Key Metrics | 2015 | 2016 | % Change | Thru 02-2016 |
| New Listings | 13 | 7 | -46.2% | 10 |
| Sold Listings | 8 | 3 | -62.5% | 9 |
| Median Sales Price | $172,500 | $295,000 | +71,0% | $305,000 |
| Average Sales Price | $271,699 | $306,167 | +12.7% | $318,844 |
| % List Price Received | 103.9% | 96.0% | -7.6% | 96.5% |
| Days on Market | 144 | 153 | +6.3% | 176 |
| Inventory of Homes | 45 | 27 | -40.0% | – |
| Months Supply Homes | 6.8 | 4.3 | -36.8% | – |
Data courtesy of Land Title, deemed reliable but not guaranteed.
