Mesa County 2nd Quarter Trends 2022

The second quarter of this year produced 1486 sales in Mesa County. This is a decrease of 14% when compared to the 1729 sales for the same quarter of 2021. For the first half of 2022, there have been 2693 sales, a 12% decrease from the 3062 sales for the first half of 2021. Much of this decrease can be attributed to a low inventory of homes for sale and rising mortgage interest rates

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Fruita Market Report – May 2022

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

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Fruita Market Report – April 2022

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Continue ReadingFruita Market Report – April 2022