Mesa County, Grand Junction Colorado Market Report
There were 2,304 Properties SOLD in the Grand Junction area in 2011.
3,684 new listings came on the market in 2011.
The average SALES PRICE was $181,509.
The average Days On Market was 136 Days.
In 2012 Analysts predict:
The Number of Homes SOLD will rise.
The Number of New Listings will rise.
The Sales Price will DROP by Approx. 5.1%
Many Foreclosures will come on the market as lenders get caught up on processing the backlog of foreclosed properties. These BANK OWNED properties will come on the market in a lower price range than comparable properties being listed by HOME OWNERS making it difficult to get top dollar for seller owned homes. Thus causing the predicted 5.1% decrease in sales price for 2012.
Market Report #3 of 3, Market Reports Get Recognition. January