The inventory of condominiums and townhomes is always low in Cedaredge. The highest concentration of these types of homes is on the Cedaredge Golf Course. There are a few townhomes scattered throughout the town, but overall the number of existing condominiums and townhomes is very low in the Cedaredge area.
This report will cover Cedaredge and the surrounding towns of Austin, Eckert and Cory. Collectively these small towns make up the Orchard City area.
Low availability keeps the sales and listings numbers low. Here's last month's real estate report on condos and townhomes for sale in this area.
Nothing has changed with the sales and listings over the last month. There's still one townhome on the market priced at $85,000.
Over the last year five townhomes have sold. Three of them are on the golf course and two of them are in the northwest section of Cedaredge. Because property values are higher on the golf course, I'll break down the sale price information by area.
The average sales price for a golf course townhome is $185,333. The median sales price is $181,000. The average sales price for the two other townhomes is $74,250. The median sales price is the same.
Don't be discouraged because of the lack of active listings. Cedaredge and the surrounding area has a nice selection of two bedroom homes that would be a great alternative to condominium or townhome living. Delta also has some nice condo and townhome alternatives.
I'm happy to give you more information on the townhome that is currently available. I would also be happy to notify you when new listings come on the market. This way you can stay up to date when new properties come on the market. Contact me for more information.
I look forward to hearing from you.
I've lived on Colorado's Western Slope for over 26 years. I love this area and all it has to offer, and I enjoy sharing what I know about my home. As a REALTOR®, I also love to share my expertise in this area as well. If you need any real estate information for Montrose County, or Delta County, Colorado...please give me a call.
*This information comes from CREN (Colorado Real Estate Network). Not all homes are listed and sold by the broker writing this report. This report is intended to show market trends.