Local Market Report

Montrose, CA

Single-Family Homes



Montrose, CA

Sat Feb 27 2021
This week the median list price for Montrose, CA is $937,000 with the market action index hovering around 35. This is an increase over last month's market action index of 29. Inventory has held steady at or around 4. Click here to stay informed with the Montrose market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Montrose, CA

Sat Feb 27 2021
This week the median list price for Montrose, CA is $937,000 with the market action index hovering around 35. This is an increase over last month's market action index of 29. Inventory has held steady at or around 4. Click here to stay informed with the Montrose market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been strong for several consecutive weeks. Reflecting these inventory conditions, with the MAI in the Seller’s zone, it is not surprising that prices have recently resumed their climb.

Real-Time Market Profile

Never miss important changes in the Montrose market.
Median List Price $937,000
Per Square Foot $732
Days on Market 105
Price Decreased 25%
Price Increased 25%
Relisted 0%
Inventory 4
Median Rent $3,500
Most Expensive $1,187,000
Least Expensive $595,000
Market Action 35
Slight Seller's Advantage

The market continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index as a leading indicator for how long this trend will last.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,187,000 1,720 4,500 - 6,500 sqft 4 3 66 0 0 56
$1,125,000 1,450 4,500 - 6,500 sqft 3 2 66 1 1 0
$749,000 1,222 6,500 - 8,000 sqft 2 1 74 0 0 168
$595,000 542 4,500 - 6,500 sqft 1 1 99 0 0 154