Your Local Market Report

Grand Junction, CO

Condos/Townhomes

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Grand Junction, CO

Fri Mar 29 2024
This week the median list price for Grand Junction, CO is $432,400 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 64. Click here to stay informed with the Grand Junction market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Grand Junction, CO

Fri Mar 29 2024
This week the median list price for Grand Junction, CO is $432,400 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 64. Click here to stay informed with the Grand Junction market!

Market Action Index

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

Strong Seller's Market

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices

Real-Time Market Profile

Never miss important changes in the Grand Junction market.
Median List Price $432,400
Median Price of New Listings $339,900
Per Square Foot $272
Average Days on Market 64
Median Days on Market 42
Price Decreased 31%
Price Increased 0%
Relisted 8%
Inventory 64
Median Rent
Market Action 47
Strong Seller's Market

This week saw relatively little price change from last week. However, prices continue to demonstrate a nice up trend over the last several weeks.

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
$636,500 1,738 4,500 - 6,500 sqft 3 2 1 2 4 77
$467,000 1,579 0 - 4,500 sqft 3 4 1 1 1 35
$360,500 1,496 4,500 - 6,500 sqft 3 2 24 4 2 35
$227,450 825 0 - 4,500 sqft 2 1 43 4 5 24