August Real Estate News - Mesa County

 

 

Available homes for sale in Mesa County remain at their summer highs and approximately 8% higher than the same time in 2023. Home buyers, who have waited for more properties and/or interest rates to retreat, have been rewarded with a good supply of homes and rates well off their highs, now hovering in the low to mid-6% range (as a reminder, historical mortgage rates are about 7.38%).

 

Market fundamentals have returned. Condition, location, and price continue to be the drivers of properties that garner multiple offers versus those that remain on the market beyond our current average (July averaged 76 days on market). Properties coming to market can expect to see the most interest and traffic from immediate buyers so positioning your property to sell from the onset is vital. I am here to help with that – from providing recommendation on items to address, to staging, pricing to the market, professional media (photography, video, immersive/virtual tours), and advertising. The most concentrated number of showings will occur almost immediately, so we want to be well-positioned from the onset. If you are considering a move in today’s market, let’s be sure to connect and discuss a strategy and results that exceed your expectations!

 

As the summer comes to a close, our market continues to stay active. Many owners who wanted to enjoy their residences for the “last summer” will sell this fall/winter and we often see an uptick in buyer activity as the leaves change and people look to secure their home for the winter season. Call me today to discuss what you are looking to do.  There is good activity throughout the valley, and I would enjoy the opportunity to visit and provide expert counsel as you embark on your next chapter.

 

 

Statistics are provided by the GJARA MLS and calculated by area. Not all listings and sales are by our office or brokers. Call us for information on statistics that are specific to your neighborhood.