Mesa County, Grand Junction Colorado Market Report

By
Services for Real Estate Pros with Retired Realtor / Retired Home Inspector

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.

Days on Market 2011 Chart Grand Junction Colorado

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.

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Grand Junction Colorado Market Report, Mesa County

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Posted by


Cheryl Dickson
970-462-5100 Wichita Falls, TX

Staff - Wichita Falls Association  of Realtors

eMail: InspectASAP@aol.com

Retired Realtor-GRI / Retired Home Inspector

Comments (18)

John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Cheryl watching, listening and learning I finally took the plunge and posted my first market report today.  My next one will be coming up at midnight tonight.  No jazzy charts and graphs but at least I'm on it.  Thanks for giving me a nudge in the right direction.  Another good job on your report my friend! 

Jan 31, 2012 03:04 PM
Cheryl Dickson
Retired Realtor / Retired Home Inspector - Oklahoma City, OK
Retired Realtor, GRI / Retired Home Inspector

Yay! John! Way2Go my friend! Thank You! I'm heading over to take a look see right now. :)

Jan 31, 2012 03:13 PM
Vince Chinell
VICO Home Inspection - Branson, MO
CPI

Cheryl,  Great job and looks like you did a lot of investigation on this one. 

Jan 31, 2012 03:13 PM
Karen Crowson
Coldwell Banker Residential Brokerage - Rancho Bernardo, CA
Your Agent for Change

Cheryl, love the charts. I'll have to look into that link. Wow, pretty long DOM.  We're at about 45 here and that feels long to most people. Although that's bound to drop since our inventory is so low.

Jan 31, 2012 03:18 PM
Cheryl Dickson
Retired Realtor / Retired Home Inspector - Oklahoma City, OK
Retired Realtor, GRI / Retired Home Inspector

Vince, yes, I did really check it out. The DOM stats are from the GJARA MLS Report for 2011.

Karen, I hear ya on the DOM length. There are SO MANY Realtors in our market, very competitive for the listings. I think the Listing PRICE had alot to do with the length of time on the market. The Sold Price and Listing Prices were pretty far apart unfortunately.

Jan 31, 2012 03:26 PM
Doug Bullwinkel
Envoy Mortgage,NMLS ID 6666 - Roseville, CA
Mortgage Loan Originator NMLS #281609

This is really a great market report.  The number of sales sounds incredible for this area but I guess everything is probably about average for your population.  Nice job of presenting this report as it's very clear and interesting to read.

Jan 31, 2012 03:35 PM
Cheryl Dickson
Retired Realtor / Retired Home Inspector - Oklahoma City, OK
Retired Realtor, GRI / Retired Home Inspector

HI Doug! Thanks for stopping by! We actually have a fairly large population, it's just so spread out that folks don't realize it's this populated. Given that there are approx. 45,823 households, and only 2,324 homes sold we really didn't have many closings. It's tough for our approx. 640 Realtors right now.

Mesa County is the fourth most extensive and the eleventh most populous of the 64 counties of the state of Colorado. The county population was 146,723 at the 2010 United States Census. According to the U.S. Census Bureau, the county has a total area of 3,341.11 square miles, of which 3,327.75 square miles (or 99.60%) is land and 13.36 square miles (or 0.40%) is water.

Jan 31, 2012 04:01 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I see you are putting your new found charts and graphs website to work for you. Good for you. It looks great and the report is right to the point.

Feb 02, 2012 12:16 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

PS...maybe next time you should going me and Cindy for a wine and learn session.

Feb 02, 2012 12:17 PM
Cheryl Dickson
Retired Realtor / Retired Home Inspector - Oklahoma City, OK
Retired Realtor, GRI / Retired Home Inspector

Thank You! Debbie, That sounds like a plan...Now we need to find the Time! LOL! We'll make it happen! :)

Feb 03, 2012 02:56 AM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hi, Cheryl...Thanks for your nice comments on my blogs and re-blogs. No wine and learn sessions are in the plans anytime soon. I'll let you know when we do plan one. But these usually come up quite suddenly and usually after a particularly enjoyable or particularly difficult day.

Feb 10, 2012 03:19 PM
Harrison K. Long
HomeSmart, Evergreen Realty - Irvine, CA
REALTOR , GRI, Broker associate, Attorney

Cheryl ... Thanks for your Grand Junction real estate market report and predictions for 2012.

Feb 13, 2012 05:44 AM
Cheryl Dickson
Retired Realtor / Retired Home Inspector - Oklahoma City, OK
Retired Realtor, GRI / Retired Home Inspector

Hey Debbie, I'll be riding through on my bike this summer, we'll be sure to get together then, if not sooner! :)

Hi Harrison, Thanks for stopping by, we can certainly HOPE for the market to improve soon.

Feb 13, 2012 12:47 PM
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Hope all is well, Cheryl. I'm still looking forward to more of your colorful blogs. Please let me know if there is anything I can do.

Feb 13, 2012 02:05 PM
Todd Clark
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

You showed us how to create these great charts and then we haven't seen you since. Is everything alright? Come back, please.

 

Feb 18, 2012 12:50 AM
Nick T Pappas
Assoc. Broker/Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, @HomesBirmingham & Providence Property Mgmnt, LLC Hun... - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Cheryl, I'd be interested in knowing how well priced and what the condition was of the homes that sold in 30 days...bet those homes were priced right.

Feb 22, 2012 10:03 PM
Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

Cheryl

Made me think the number of solds and the other stats are something I better check out and set in memory. Just so you know, 1,441 solds in Napa County MLS last year, cheers cvc

Feb 23, 2012 04:59 AM
Cheryl Dickson
Retired Realtor / Retired Home Inspector - Oklahoma City, OK
Retired Realtor, GRI / Retired Home Inspector

Hi everyone! I'll be back soon! Just very busy at work, and on a remodel of a duplex, and building a HUGE Cedar fence. No rest for the weary...LOL! And no spare time for AR :(   Be back soon though!

Feb 23, 2012 05:04 AM