Here are the Home sales numbers for last month Nov 2008 with a comparison to Nov 07 for Montrose Colorado.
November 2008 Units Sold Average Days on Mkt Avg Sales Price
17 182 $217,112
November 2007 55 141 $217,835
As you can see the number of homes sold is down dramatically, hard to put a finger on the reason why. However with interest rates falling to around 5% this first week of Dec 08 there has been an increase in activity. If you have any questions or if you know anyone who is looking to buy or sell Real Estate in the future I would appreciate the referral.
www.ColdwellBankerMontrose.com 970-209-8436
I have been a realtor in Montrose Colorado since 1990. I am consistently in the top 10 agents annually. I moved here from England in 1989. I have closed over 500 transactions in the last 19 years.
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