2016 is whipping past. Compared to 2015 real estate sales in Montezuma County are pretty much the same as last year. Year to date (end of June) we have had 172 sales and that's just up 3 from last year. The good news is that average sales price is rising in the county. Jan-June last year, the average sales price was $174,933 and this year $191,542. Homes are selling quicker. Last year the average days on market was 190 and this year 151. There are 309 homes for sale throughout the county.
The Mancos market continues to be strong. There are a shortage of homes for sale. Currently just 8, of which one is a foreclosure. Last year Jan-end of June there were 11 home sales intown Mancos and this year 6. Average days on market for a home is currently 126 days.
Land sales continue to be slow. Last year we had 39 sales between Jan-June and this year a few more 47. The shocker is that there are 327 parcels of land for sale in the county. Very few buyers are wanting to build a home from scratch.
I appreciate your referrals and if I can ever be of any help, please let me know!!
Info from CREN (Colorado Real Estate Network) MLS
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