Montrose Real Estate Market Continues Growth Trend in Price Cuts

Sales in the Montrose market fell to eight homes sold over the last 30 days, while the number of sellers reducing their list prices reached 12, which continues a new upward trend in price reductions. Potential buyers should note that there are now four months of inventory available in Montrose and prices have come down. The median sales price dropped to $55,000.

If you're trying to find a bargain, make sure you look into these homes in Montrose with recent price reductions:

$160K   $285K   $449K  

Get started right now by checking out Montrose homes for sale or reviewing Montrose real estate trends.

Demographic facts for Montrose:

  • The rating for this area for population growth is 63. (Scale: 1 = Worst, 100 = Best)
  • The property tax in this area is $8.05/$1,000.
  • The commute times can range from: <15 min (30.3%), 15-29 min (46.6%), 30-44 min (15.4%), 45-59 min (5.3%), >60 min (2.3%).

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
RE/MAX Action Real Estate
Snapped 1 home in this area
Base Camp Realty
Snapped 2 homes in this area
The Lady With The Hat
Snapped 1 home in this area

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