Homes From Lori - Serving Colorado's Western Slope

Montrose Local Sales Data


 

2007 - 2008 2nd Quarter Comparables

Montrose Housing Statistics*

provided by

Montrose Association of REALTORS

Statistics for Montrose City and Surrounding County

(not including Olathe and the West End)

Jan 1 - June 30, 2007                       Jan 1 - June 30,2008

Homes Sold                               33                                             13

Total Price                          $7,678,274                                  $2,819,042

Average Price                      $232,674                                     $216,849

Median Price                       $240,000                                      $203,954

Range in Price                     $57,000 - 432,878                          $155,000 - 343,946

 

TOTAL HOMES (includes new home sales)

Homes Sold                            349                                                248

Total Price                           $79,463,199                                 $56,487,855

Average Price                       $227,610                                     $227,773

Median Price                         $195,000                                     $195,750

Range in Price                      $18,000 - 1,600,000                       $8,000 - $775,000

 

COMMERCIAL PROPERTY

Units Sold                                16                                                  6

Total Price                           $6,775,400                                   $5,355,937

Average Price                       $423,462                                      $892,656

Median Price                         $242,500                                      $665,000

Range in Price                       $45,000 - 2,537,900                       $220,000 - 2,100,000

VACANT LAND

Units Sold                                  104                                                43

Total Price                           $19,539,339                                   $6,194,000

Average Price                       $187,878                                       $144,046

Median Price                         $109,000                                       $122,000

Range in Price                       $39,800 - 2,300,000                        $35,000 - 375,000

FARM & RANCH

Units Sold                               5                                                     3

Total Price                          $14,489,308                                    $6,090,000

Average Price                      $2,897,861                                      $2,030,000

Median Price                       $1,580,000                                       $350,000

Range in Price                     $612,500 - 7,731,808                         $270,000 - 5,470,000

Jan 1 - June 30, 2007 Jan 1 - June 30, 2008

ALL PROPERTIES

Units Sold                               477                                                304

Total Price                        $121,324,996                                    $75,125,492

Average Price                    $254,350                                          $247,123

Median Price                     $185,000                                           $189,000

Range in Price                   $18,000 - 7,731,808                            $1,800 - 5,470,000

*This information is deemed reliable but not guaranteed.

Lori Ross