Real estate activity has been slow in the Del Ray neighborhood. This is due to the lack of properties that have been on the market. The overall inventory has been low for the last several years. There hasn't been any change in the real estate information for this neighborhood since last month's report.
If you are thinking about selling your Del Ray home, now is a great time to do that. There is only one listing on the market, and that means the buyer competition for homes in your neighborhood is high.
Here's some market statistics for your neighborhood from the last year:
- At this time there is one home on the market. It's priced at $249,950.
- Over the last year three homes have sold. Prices started at $159,000 (this was a bank owned house) and went up to $180,000. The average sold price is $169,000 and the median listed price is $168,000.
- The average days on market for the sold properties is 81.
Although real estate activity has been slow in your neighborhood, we are seeing more sales and increased prices in the county. I expect we will continue to see market improvement through this year.
While the inventory is down, and it is throughout Delta County, there are still buyers looking for homes. Now really is a great time to get your home on the market and to get a jump on the spring season.
If you would like more real estate market information, I can help you with that. I also have a property search program that works well for buyers and sellers. Tracking new listings and sales is important for perspective sellers. I have a simple to use property search website that makes looking at homes easy. Buyers love using this program, too. The information is accurate and up to date.
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 real estate information for Montrose County, or Delta County, Colorado...please give me a call.
**This listing information is local MLS for Delta County, CREN (Colorado Real Estate Network). Not all properties are sold or listed by the author. This information is intended to show trends in the real estate market
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