
New Listing $234,900. 3 bed 2 bath 1704 sq ft This home is just 2 years old. Maintenance free exterior. Backyard is fenced and backs up to open space. There is also a view of the mountains from the backyard. Vaulted ceilings, comes with all appliances. Close to schools and shops. See more at
www.MontroseHomeConnection.com

Here are the home sales numbers for the month of October 2008 as compared to October 2007.
Units Sold Avg Days on Market. Average Sales Price
OCT 2008 35 211 $216,355
OCT 2007 59 137 $216,684
If you would like a more detailed breakdown of the market please feel free in contacting me.
www.MontroseHomeConnection.com


These are 7 very beautiful 3 acre lots to choose from. some lots back up to the creek which runs year round. Irrigation water and a domestic wter tap is included in the price. Prices start at $155,000. Sellers will look at offers. Some views of the Mountains from selected lots.
Close to town, rural feel. MLS # 614291
www.MontroseHomeConnection.com www.ColdwellBankerMontrose.com

Today the Coldwell Banker National 10 day sales event started. For those of you who haven't heard about it this what it is.
The Coldwell Banker offices which have chose to take part in the last few weeks have talker to their sellers about reducing the prices of their listed homes by 5% or more for at least 10 days. This event is being promoted nationally and locally to try and get the buyers sitting on the fence to buy and overpriced listings reduced to a price where they just might sell. After 10 days the seller can raise the price back up if they so choose to.
The Coldwell office here in Montrose Colorado is taking part and we have over 50 properties that have reduced the price 5% or more, quite a few have gone 10% and some 20%. The feed back we have received today from other brokers is very positive. Some would like to know if we could do a City wide co-ordinated sales event next time with other companies. I say yes if helps move homes let's do it.
We have seen increased showings today and buyers calling asking what the 10 day sale event is all about, all feedback has been very positive with some brokers all ready saying they will be bringing offers on some of the reduced properties.
This Sunday we will be holding open 20 homes that are in the sales event. Also the following Sunday more Open Houses.
I'll let you know how it goes next week but I can tell already some properties are going to be sold because of this, just a question of how many??
Here are the home sales numbers for Sept 2008 for Montrose Colorado coparing them with the last couple of years in Sept.
Sept 2008 Units Sold Days On Mkt Avg Price Of a Home
42 182 $224,516
Sept 2007 53 137 $200,298
Sept 2006 81 137 $245,692
If you have any questions about these numbers or would like a more detailed report please contact me www.MontroseHomeConnection.com

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