Your Local Market Report

Grand Junction, CO

Single-Family Homes

How's the Market?



Grand Junction, CO

Sun Feb 28 2021
This week the median list price for Grand Junction, CO is $472,450 with the market action index hovering around 59. This is an increase over last month's market action index of 56. Inventory has held steady at or around 120. 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

Sun Feb 28 2021
This week the median list price for Grand Junction, CO is $472,450 with the market action index hovering around 59. This is an increase over last month's market action index of 56. Inventory has held steady at or around 120. 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 $472,450
Per Square Foot $220
Days on Market 35
Price Decreased 22%
Price Increased 6%
Relisted 9%
Inventory 120
Median Rent $1,375
Most Expensive $3,200,000
Least Expensive $39,900
Market Action 59
Strong Seller's Market

Despite this week’s up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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
$1,200,000 4,513 1 - 2.5 acres 4 4 17 4 2 133
$609,949 2,802 0.25 - 0.5 acre 4 3 23 6 6 63
$398,750 1,913 0.25 - 0.5 acre 3 2 8 9 13 24
$247,450 1,332 8,000 - 10,000 sqft 3 2 45 14 16 14