Your Local Market Report

Grand Junction, CO

Single-Family Homes

How's the Market?



Grand Junction, CO

Thu Jun 08 2023
This week the median list price for Grand Junction, CO is $517,200 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has decreased to 200. 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

Thu Jun 08 2023
This week the median list price for Grand Junction, CO is $517,200 with the market action index hovering around 48. This is an increase over last month's market action index of 47. Inventory has decreased to 200. 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 $517,200
Median Price of New Listings $488,750
Per Square Foot $267
Average Days on Market 82
Median Days on Market 42
Price Decreased 38%
Price Increased 2%
Relisted 8%
Inventory 200
Median Rent
Market Action 48
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
$1,027,500 3,372 0.5 - 1 acre 4 4 17 1 4 91
$669,900 2,376 0.25 - 0.5 acre 4 3 11 8 4 52
$474,000 1,782 6,500 - 8,000 sqft 3 2 19 6 6 38
$359,950 1,453 8,000 - 10,000 sqft 3 2 44 7 15 24