Montrose Colorado Home Sale Numbers Aug 2008

Here is a quick run down of the home sales numbers for last month August 2008 in Montrose Colorado compared to Aug 2007.

1. Aug 2007 units sold 76 Avg Sales Price $203,506 Avg Days on Mrkt 149

2. Aug 2008 units sold 44 Avg Sales Price $192,848 Avg Days on Mrkt 128

As you can see the numbers are down. I feel that all year the numbers have been down about the same on a month to month basis. My opinion is that we are in a pattern now that is going to stay about the same month over month which means the market is at about the bottom, I don't see much change either up or down for the forseeable future. www.MontroseHomeConnection.com