79.3% Increase in Homes Sales July 2015 Over July 2014
A shortage of available homes in the Redlands area of Grand Junction has not deterred robust sales. There was a 19.6% decrease in homes for sale and the Months Supply of Inventory (MSI) is off -29.1% over 2014.
June 2015
| New Listings | 52 |
| Sold Listings | 31 |
| Median Sales Price | $300,000 |
| Average Price | $313,921 |
| % of List Price Received | 96.2% |
| Days on Market Until Sale | 93 |
| Inventory of Homes for Sale | 167 |
| Months Supply Inventory | 6.6 |
July 2015
| New Listings | 34 |
| Sold Listings | 52 |
| Median Sales Price | $343,250 |
| Average Sales Price | $355,955 |
| % List Price Received | 99.1% |
| Days on Market Until Sale | 111 |
| Inventory of Homes for Sale | 152 |
| Months Supply Inventory | 5.6 |
From January 1, 2014 until the end of July, 2014 there were 163 homes sold. July 2015 numbers are considerable better with total homes sales at 201, a 23.3% increase. There was a 5.5% increase in new listings which is very low. The year should end on a very positive note for the Redlands home sales and all of Grand Junction.
