Grand Junction Home and Real Estate MLS Area Information
Grand Junction Home and Real Estate Market is continuing a stable path with prices slowing increasing at a normal pace. Comparing November 2014 to November 2015, new listings decreased 2.7 percent. Grand Junction home sales increased 1.6% and available inventory shrank 11.0% to 1,263. The median price is up 7.2% to $199,950. Days on market are down 9 .7% to 102 days. The months supply of Grand Junction homes is down 16.1% to 5.2 months. This reflects the national picture of lower inventory which has sellers pleased.
Below are the various MLS areas of Grand Junction and you can see the three most popular areas are the North, Northeast and the Redlands. These areas are selling at a brisk pace. I do a separate report for Palisade, Fruita, Loma, Mack and Whitewater.
Area | New Listings | Sold Listings | Avg. Price | Days to Sell | Inventory | Months Supply |
Northwest | 2 | 1 | 375,000 | 114 | 17 | 8.1 |
North | 32 | 32 | 296,118 | 102 | 147 | 4.1 |
Northeast | 21 | 26 | 194,354 | 103 | 108 | 3.2 |
City | 39 | 24 | 159,965 | 98 | 123 | 4.4 |
Orchard Mesa | 29 | 20 | 197,843 | 81 | 100 | 4.5 |
E. Orchard Mesa | 1 | 0 | 0 | 0 | 8 | 5.7 |
Southeast | 32 | 17 | 170,825 | 127 | 130 | 5.2 |
Clifton | 20 | 13 | 134,365 | 82 | 60 | 4.4 |
Redlands | 16 | 19 | 313,866 | 92 | 141 | 6.5 |