Housing Prices in Montrose, CO
How much do homes in Montrose, CO cost?
Median List Price
$589,250
$297/sqft
Based on all homes listed in the last 12 months.
Difference Since May 2023
Summary: The median home list price in Montrose was $589,250 in May 2024, down 1.6% from the previous year, and the median price per square foot was $297.
Median List Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $287.4K | N/A |
2 Bedrooms | $599K | $424.4K | -29.1% |
3 Bedrooms | $555K | $578K | +4.1% |
4 Bedrooms | $817.4K | $707.5K | -13.4% |
5+ Bedrooms | $1.3M | $899K | -35.0% |
Summary: Montrose housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 29.1%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 13.4%, and 5+ bedroom homes decreased by 35%.
Housing Supply in Montrose, CO
How many homes are available in Montrose, CO?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
127 | 195 | +53.5% |
Summary: The Montrose real estate market had 195 homes for sale in May 2024, a 53.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 2 | +100.0% |
2 Bedrooms | 23 | 31 | +34.8% |
3 Bedrooms | 52 | 89 | +71.2% |
4 Bedrooms | 41 | 58 | +41.5% |
5+ Bedrooms | 10 | 15 | +50.0% |
Summary: The Montrose housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 34.8%, 3 bedroom homes increased by 71.2%, 4 bedroom homes increased by 41.5%, and 5+ bedroom homes increased by 50%.
Days on Market for Montrose, CO
How long does it take to sell a home in Montrose, CO?
Average Listing Age
May 2023 | May 2024 | CHANGE |
---|---|---|
157 Days | 98 Days | -37.6% |
Summary: Homes in Montrose had an average listing age of 98 days in May 2024, down by 37.6% compared to the previous year.