Your Local Market Report

Grand Junction, CO

Condos/Townhomes

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Grand Junction, CO

Fri Mar 05 2021
This week the median list price for Grand Junction, CO is $345,500 with the market action index hovering around 67. This is an increase over last month's market action index of 60. Inventory has held steady at or around 17. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Grand Junction, CO

Fri Mar 05 2021
This week the median list price for Grand Junction, CO is $345,500 with the market action index hovering around 67. This is an increase over last month's market action index of 60. Inventory has held steady at or around 17. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Grand Junction market.
Median List Price $345,500
Per Square Foot $196
Days on Market 21
Price Decreased 12%
Price Increased 0%
Relisted 12%
Inventory 17
Median Rent $950
Most Expensive $619,000
Least Expensive $39,900
Market Action 67
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$480,000 2,491 0 - 4,500 sqft 4 2 23 0 1 150
$362,450 1,839 0 - 4,500 sqft 3 2 7 0 0 77
$267,325 1,268 0 - 4,500 sqft 2 2 11 2 3 7
$130,000 924 0 - 4,500 sqft 2 1 40 0 2 42