Stone Mountain Village Real Estate and Home Value News Jan 2016

Stone Mountain Village Real Estate and Home Value News Jan 2016

This is one neighborhood in Delta that has seen some major market improvement over the last two years. This was once a foreclosure driven neighborhood and now these types of sales are few and far between. Home values have also gone up quite a bit over the last two years. 

In 2013 the average sold price was $153,195. Seven homes sold and three of them were bank owned. There was one sale over $200,000.

Here's sold information for 2015:

• Seven homes have sold. The sold prices range from $167,000 to $267,900.
• The average sold price is $199,378.
• The median sold price is $193,750.
• Three sales were over $200,000. 
• That's a 30% increase in the average sold price since 2013. The average sold price has gone up a bit since 2014 as well. In 2014 the average price was $198,690.

Here's the current listing information:

• There are five active listings. Prices range from $177,000 to $235,000. Four of them are priced over $200,000.
• The average listed price is $208,214.
• There is one listing pending a sale. 

I think we can expect to see the sales activity increase across the county and in Stone Mountain Village. 

Click on any of the pictures for more Delta and Delta County real estate information. 

The year end statistics aren't in as of yet, but so far overall sales in 2015 have topped those in 2014.

If you would like to know more about real estate in this area, and to be notified when new listings come on the market, I can help you with that. I have a great property search program that will send you an email when new listings that meet your criteria come on the market. You can also track sold properties using this program. This is great for sellers wanting to see what is happening in their neighborhood. This information is accurate and up to date. 

Please call or email me for more market 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 is from statistics gathered by Heritage Title Company and the Colorado Real Estate Network (CREN). It is intended to show real estate market trends. Not all properties are listed or sold by the author of this article.