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METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. The list price of homes in Grand Junction has increased by 13.2% since last year. Visit our Seller Resource Center, backed by top agents, data analysis, and rigorous research. It’s a place to connect with a local agent, explore financing solutions, schedule home tours, understand your buying and selling power, and more.
George Rau is a former real estate broker and former real estate editor for Snow Country Magazine. Yesterday, the total number of homes for sale in Grand Junction, CO was 15, down 16.7% compared to last year. In the last 30 days, no new homes were listed for sale, down 100% year-over-year. Market temperature is based on changes in renter demand compared to the national average.
More Grand Junction, CO Property Resources
Median home value is the value which has equal numbers of homes valued above and below it. The median home value is more stable than the average home value, which can be greatly affected by a few very high or very low home values. Notably, Grand Junction's appreciation rate in the latest quarter is one of the lowest in America. The most prevalent building size and type in Grand Junction are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 58.14% owning and 41.86% renting.
To verify enrollment eligibility for a property, contact the school directly. The town is located at the junction of the Colorado and Gunnison rivers in a large mountain valley on the west slope of the Rockies. Distant mountains on all sides reach heights of 9,000 feet to 12,000 feet from the valley floor while low red-rock bluffs dominate the landscape closer in.
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Information deemed reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. Local real estate agents are ready to help you find a home here. Visit our Buyer Resource Center for the latest home buying advice from top real estate agents across the country.
This property has been listed on Redfin for 106 days since September 08, 2022. Climate risk data is provided for informational purposes only. If you have questions or feedback about this data, get help at riskfactor.com and climatecheck.com.
Listing Price in Grand Junction, CO
Surrounded by mature natural landscaping, this property offers seclusion and space from neighboring properties, but is still only a short drive to the amenities, services and recreational opportunities available to those living in the Grand Valley. The property includes a substantially sized home of over 3000 sq ft that offers three main-level bedrooms and two bathrooms. The lower level includes a fourth bedroom and two flexible rooms. A passive solar system generates some of the home’s heat which is pumped throughout the home.
All information subject to change and should be independently verified. Please check with your local government agency for more information. COLORADO REAL ESTATE NETWORK will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis. Work with a top Grand Junction real estate agent to figure out the best selling strategy and start bidding wars on your home. Check out HomeLight’s Quarterly Top Agent Insights report, a national survey of over 500 top real estate agents.
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Flood risk data is provided by Risk Factor™, a product of the nonprofit First Street Foundation. Risk Factor™ is a peer reviewed scientific model, designed to approximate flood risk and not intended to include all possible risks of flood. September, May and June are the most pleasant months in the zip code, while January and December are the least comfortable months.
Appreciation rates are updated by NeighborhoodScout each quarter as additional mortgages are purchased or securitized by Fannie Mae and Freddie Mac. The new mortgage acquisitions are used to identify repeat transactions for the most recent quarter, then are fed into NeighborhoodScout's search algorithms. Our data are designed to capture changes in the value of single-family homes at the city, town and even the neighborhood level.
In the past week, single family homes in Grand Junction sold on average for $498,500 and spent 82 days on the market. In Grand Junction, the inventory of 298 experienced a 11% relisting. “How high do mortgages have to go before it kills the real estate market?
Rau agreed with Perry that a total housing market crash is unlikely because, unlike the stock market, real estate markets are all local markets. Appreciation rates for homes in Grand Junction have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 100.53%, which ranks in the top 30% nationwide. This equates to an annual average Grand Junction house appreciation rate of 7.21%. A truly one-of-a-kind Redlands property with unique qualities to make this property really special. This small acreage is over five acres in size and located in a quite and peaceful location.
Neighborhood appreciation rates from NeighborhoodScout are based on both median house value data reported by respondents via the U.S. Bureau of the Census, and a weighted repeat sales index, meaning that they measure average price changes in repeat sales or refinancings on the same properties. This information is obtained by reviewing repeat mortgage transactions on single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac . Then proprietary algorithms developed by Dr. Schiller, NeighborhoodScout's founder, are applied to produce neighborhood appreciation rates.
Employment has been bolstered by the oil industry mainly east and construction and other services serving new arrivals. Cost of living has risen and is now about on par with local and national averages. The main downside is isolation—good air service or cultural amenities are located 250 miles east in Denver or 280 miles west in Salt Lake City, Utah. Grand Junction does not excel in any category but does consistently well in all of them. We’re working on getting current and accurate flood risk information.
¹ Based on Rocket Mortgage data in comparison to public data records. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking. The information contained in this publication is subject to change without notice. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
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