Montrose Colorado Real Estate: March 2012

Here is the Real Estate Activity for the last 7 Days  for the Montrose Area. A very busy Week, one of the busiest weeks in awhile. There were 11 properties that Sold and 20 that went under contract. I went back a year ago and compared it to the same week in 2011. That same week a year ago 8 properties sold and 9 went under contract, so a big difference in properties going under contract...

The number of homes actively for sale continues to drop. This week that number is 390.

A low number of homes for sale, point to a few things in the coming 6 months. Upward pressure on prices and new construction picking up. I haven't seen either of those yet but if the market continues like it has been since the start of the year those things might change.

Here are the SOLD Properties for the last week.

Lot 18   Eagle Heights         $30,000          A 1.7 acre lot on Spring Creek

Lot 19   Eagle Heights         $35,000          A 2.7 acre lot same subdivision as lot above

521     N 4th                           $49,535          A foreclosed home 1087 sq ft 2 bd 1 ba needed some work

813    Barnwood                   $103,000       A foreclsoed hm 1141 sq ft 3 bd 2 ba

441    Silver                           $116,000       A foreclosed manufactured hm 2248 sq ft

1629  Dover                          $124,000       A foreclosed hm 2204 sq ft

2210   Devon                        $139,000        A foreclosed hm 1910 sq ft good condition bi level

16880 Riverview                 $215,000        2005 sq ft hm 3 bd 2.5 ba

63749 Spring Ck                  $235,000        older hm on 20 acres bottom of Sp Ck

2757   Harp                           $250,000        Very nice home, 3390 sq ft 4 bd 3 ba

1571 Ogden Rd                    $500,000        The building where Smugglers restaurant was.

UNDER CONTRACT.. The prices here are the asking prices and do not reflect what the selling price might be.

2406     Fellows Way         $39,000           A foreclosed lot in the Bridges, 13 th fairway

236       Beach                     $48,000           A foreclosed hm 936 sq ft 2 bd 1 ba

401       N 2nd                      $89,500           older hm 2054 sq ft 3 bd 3 ba

113       Spruce                    $94,100           A foreclosed bi level 1462 sq ft needs some work

64225  S Ramona              $96,800           A foreclosed hm 1842 sq ft 2 bd 2ba

2545   Storm King             $114,900         A foreclosed hm 1344 sq ft good shape

620     Golden                     $120,000         A foreclsoed manufactured hm 1520 sq ft

1767   6400                        $145,000         Nice hm 1248 sq ft .7 acre 3 bd 2 ba

2803   Evans                      $145,990         well kept 1150 sq ft 3 bd 2 ba

2709   Abrams                  $159,900         good condition 1404 sq ft hm 3 bd 2 ba

1301  Dry Creek               $172,000         New Home 1477 sq ft 3 bd 2 ba

1509  Gold Creek              $179,990        nice hm 1412 sq ft in Water Canyon Sub

2317  Tate Ct                     $186,400        1621 sq ft good condition 3 bd 2 ba

121   Poplar                       $194,800        Another nice hm 2005 sq ft cul de sac 3 car

616   Badger                     $235,000        1780 sq ft patio hm in Cobble Creek

13895  Larkspur               $284,000        A foreclosed 3446 sq ft home 4 bd 3 ba

16996 Shavano                $285,000        2434 sq ft hm on a n acre nice place

474  Cobble                        $299,000       A foreclosed hm in Cobble Creek 3181 sq ft

59724  Mancos Ln            $324,900       A foreclosed hm 3261 sq ft on 3 acres very nice hm

18522 Davewood            $339,900       4290 sq ft on 6.5 acres