Montrose, CO
Housing market overview · Updated weekly
$430,000median sale price
Homes sold
21
Last 12 weeks
Days on market
66
Average pace
Active listings
117
5.6 months supply
Sale-to-list
97.8%
Below asking
The Montrose housing market is currently classified as a buyer's market with a median sale price of $430,000. Prices have fallen 3.0% compared to last year, with homes spending an average of 66 days on market, indicating 5.6 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Montrose?
The median home sale price in Montrose is $430,000, down 3.0% from last year.
How long do homes stay on market in Montrose?
Homes typically spend 66 days on market before going under contract.
Is Montrose a buyer's or seller's market?
With 5.6 months of supply, Montrose is currently a buyer's market.
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