The second quarter of this year produced 1004 sales in Mesa County. This is an increase of 7% when compared to the 939 sales for the same quarter of 2012. For the first half of 2013 there have been 1725 sales, a 5.5% increase from the 1635 sales for the first half of 2012. This is encouraging and we are looking to have a great 3rd quarter as well.
The dollar volume for the second quarter of this year was $202.6 million. This equates to a 9.5% increase from the second quarter of 2012 with $185 million in sales. The dollar volume for the first half of 2013 reflects a 9.3% increase from the first 6 months of 2012, from $317.8 million to $347.5 million. There were 7 sales over $1 million during the second quarter of 2013, accounting for $12 million in volume. Year to date there have been 13 transactions at this level, accounting for $25 million, down slightly when compared to the 18 sales totaling $28.9 million in the same period of 2012. You can research your own area by clicking HERE on our Market Insider report.
The Grand Junction Area Realtor's Association reports the monthly median price of residential property for the second quarter at $162,400 for April, $165,000 for May, and $180,000 for June. The monthly median price continues to trend upward for residential properties sold through the multiple listing service (MLS).
Thank you to Heritage Title Company for compiling much of the information above from the Grand Junction Realtor Association. If you are looking to buy, sell, or invest in real estate in Grand Junction or Mesa County please visit us at www.harrisgrouprealty.com or simply click HERE!
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