Local Market Report

Montrose, CA

Single-Family Homes



Montrose, CA

Wed Oct 09 2024
This week the median list price for Montrose, CA is $1,394,000 with the market action index hovering around 40. This is an increase over last month's market action index of 30. Inventory has decreased to 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

Market Narrative

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.

Montrose, CA

Wed Oct 09 2024
This week the median list price for Montrose, CA is $1,394,000 with the market action index hovering around 40. This is an increase over last month's market action index of 30. Inventory has decreased to 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

Market Narrative

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 Montrose market.
Median List Price $1,394,000
Median Price of New Listings $0
Per Square Foot $671
Average Days on Market 86
Median Days on Market 81
Price Decreased 25%
Price Increased 0%
Relisted 0%
Inventory 4
Median Rent
Market Action 40
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$1,470,000 2,348 4,500 - 6,500 sqft 4 2 98 0 1 56
$1,399,000 2,536 4,500 - 6,500 sqft 4 3 74 0 0 84
$1,389,000 1,936 4,500 - 6,500 sqft 3 2 33 0 0 77
$1,290,000 1,499 4,500 - 6,500 sqft 3 1 77 0 1 126