2015 Home Sales in the Grand Junction Area Out Paced 2014 SalesA Shortage of home inventory, low interest rates and an improving economy were enough to boost Grand Junction home sales in 2015.   Newly listed homes were snapped up by buyers as the housing inventory dwindled.Sales of new construction stayed active all year and averaged 25 homes per month.  Area # Transaction Average Price $ Average PPSF $ City Grand Junction 487 158,164 116.00 Clifton 213 147,014 107.00  Fruita 473 236,175 132.00 Fruitvale 834 180,160 115.00 Mall 378 263,901 134.00 North 320 254,212 125.00 Orchard Mesa & East Orchard Mesa 364 189,965 115.00  Palisade 127 268,187 156.00 Redlands 445 319,964 140.00  Rural 239 279,523 147.00 There were 291 bank sales in 2015, with short sales and foreclosures becoming harde... 02/03/2016

14 Grand Junction Commercial Real Estate SalesSeven commercial retail units, 2 warehouses, 3 office buildings, 1 apartment building  and one vacant lot sold in December 2015.  SQ FT. Land Price Type PPSF Address  1885 0.26  590,000  Retail 313.00 1210 North Ave. 2789 0.8 625,000 Retail 224.09 2442 Patterson Road 98867 13.0 7,126,600 Warehouse 72.08 1328 & 1331 Winters Ave. 2142 0.05 22,000 Office 102.71 533 Bogart Lane #E 1260 0.16 45,000 Retail 35.71 1203 Pitkin Ave. 1784 0.04 175,000 Retail 98.09 200 W. Grand Ave. #6 6090 1.83 1,650,000 Retail 270.94 4550 Hwy. 6 & 24 13606 0.59 295,000 Retail 21.68 607 S. 7th St. 70192 4.75 5,000,000 Apartment 71.23 3032 N. 15th St. 1802 0.04 358,000 Office 198.67 2470 Patterson Road #10 1314 0.02 60,550 Office 46.08 790 Wellington Ave. #101 3200 0.29... 01/31/2016

  23 New Homes Were Sold in DecemberAverage PPSF is $150.59, with a gross volume for the month at $6,445,300.Grand Junction New Home Sales Report For Area SubdivisionsGrand Junction New Home Sales have remained at a good pace through the winter.  December 2015 had 23 home sales with an average price $280,230 and $6,445.300 gross volume.  Bed/Bath SQ FT Price Subdivision PPSF Address  5/3 2800  470,300  Greystone Estates 167.96 2535 Riata Ranch Ct. 4/2.75 2833 450,000 Deer Crossing Estates  158.84 1908 Deer Crossing Rd. 3/2.5 2771 448,900 Red Rocks Valley 162.00 2311 Trail Ridge Rd. 4/3 2870 397,800 Blue Heron Meadow 138.61 738 Beaver Lodge 4/2 2304 387,000 Ruby Ranch 167.97 744 Ruby Ranch Dr. 4/2 2199 382,200 Greystone Estates 173.81 768 Foxtail Rd. 5/2.75 2446 327,800 Saddle Rock 134.0... 01/29/2016

 Jump-Start Program Can Create Virtually Tax-Free Zones as a Way of Attracting New Businesses Mesa County is First in Colorado to Roll Out Jump-Start ProgramThe Jump-Start program approved by the Colorado Legislature during last year's session, is limited to no more than three economically distressed regions a year that team up with a local college or university.  The Colorado Economic Development Commission, part of the Office of Economic Development and International Trade previously approved the application for Mesa County.   On Thursday, January 14th the commission approved the application submitted by Colorado Mesa University that will team up with Mesa County.The Jump-Start program is unique for those that qualify can create virtually tax-free zones as a way of attracting new busi... 01/20/2016

Look at Homes You Can Afford and Avoid DisappointmentBetter Chance Having Your Offer Accepted and Faster Closing TimeReader Question:  We are about to start the house hunting process to find a home.  We haven't been pre-approved yet for a mortgage loan, but our REALTOR® said we need to be pre-approved before looking at homes WHY?This is a question that I get asked many times.  I know people are anxious to start looking at homes, but in reality, without a pre-approval you do not know how much home you can afford, types of loans available and how the lender determines your buying capability and level of risk.Getting pre-approved for a home loan is a critical first step in the home buying process.  There are more advantages to gaining pre-approval that you might think.You will save time by... 01/12/2016

The most notable sale was $12,249,400 which houses Gold's Gym. October 2015 had 16 commercial sales.November of 2015 yielded 11 Grand Junction commercial real estate sales.  Of the 11, there were 3 retail buildings, 1 office 2building, 2 warehouses, 1 church, 2 apartment buildings, 1 vacant land, and 1 commercial miscellaneous.  Sq.Ft Land Size Price Type PPSF Address 56,700 5.27 12,249,400 retail 216.04 700 Maldonado St.    7,590 0.77      725,000 office   95.52 2575 Highway 6 & 50    6,200 6.57     820,000 warehouse  132.26 710 S. 15th St.    5,000 1.95  1,000,000 retail  200.00 176  29 Road    3,840 0.38     279,000 apartments    72.66 3253 Cardenas Dr.    3,360 0.27    225,000 apartments    66.96 2859 Elm Circle    8,711 0.20    500,000 retail    57.40  2460 Patterson   3,948 1.99  ... 01/04/2016

Grand Junction New Home Sales for November were 22Grand Junction New Home Sales Are Not Slowing Down Coming Into WinterGrand Junction new homes sales have stayed steady all year.  The November average price was  $334,265 and the price per square foot average was $170.19.  Total gross volume to the economy was $7,688,100.  Bed/Bath Sq.Ft. Price Subdivision PPSF Address 3/2 1253 199,900 Heritage Estates 159.54 2493 Demense Ave. #A 4/3 2368 416,300 Greystone Estates 175.80 2502 Greystone Dr. 3/2 1900 265,000 Walnut Estates 139.47 663 Turnberry Ct. 4/2 1814 251,700 Stagecoach Trail 138.75 637 Bradford Dr. 4/2 2412 300,000 Chipeta Heights 124.38 205 Meadow Point Ct. 3/2 1646 234,700 Stagecoach Trail 142.59 631 Bradford Dr. omitted   210,000 Hillview Estates   925 25 3/4 Road 3/3 2586 315,000... 01/01/2016

Mesa County is Officially Open For Business!Rural Jump-Start Zone Tax Credit Program Designed to Grow the Economies of Rural Areas in Colorado.Grand Junction, Fruita and Town of Palisade Sign Up for Program On December 20, 2015, Mesa County was officially "open for business" as part of the application process to participate in the Rural Jump-Start Zone Tax Credit Program designed to grow the economies of rural areas in Colorado.The announcement was made by Mesa County Commissioners, Colorado Mesa University, Colorado Senator Ray Scott and Rep. Yeulin Willett.Jump-Start is a joint effort between counties, municipalities, higher education institutions and business communities in the state of Colorado to grow jobs in industries such as advanced manufacturing, aviation, food processing, bio... 12/29/2015

Grand Junction Home SalesYour Guide to Buying or Selling a Home in the Grand Junction Area.Grand Junction Home and Real Estate Market is continuing a stable path with prices slowing increasing at a normal pace.  Comparing November 2014  to November 2015, new listings decreased 2.7 percent.  Grand Junction home sales increased 1.6% and available inventory shrank 11.0% to 1,263.  The median price is up 7.2% to $199,950.  Days on market are down 9 .7% to 102 days.  The months supply of Grand Junction homes is down 16.1% to 5.2 months.  This reflects the national picture of lower inventory which has sellers pleased.Below are the various MLS areas of Grand Junction and you can see the three most popular areas are the North, Northeast and the Redlands.  These areas are selling at a brisk pace... 12/23/2015

          Redlands Homes is a LifestyleRedlands Homes is a lifestyle that many buyers desire.  Whether it is one of the many subdivisions tucked in around the Colorado National Monument or sitting high on a cliff at Redlands Mesa. To find your Redlands Home call Sandra (970) 261-1686.Redlands Homes had a strong November even though inventory is down.  Through November 2014, Redlands Homes had 460 new listings.  Through November 2015, there was one less home, at 459 new listings.  But strong sales have pushed November numbers up 8.0%.  At this time last year there were 264 sales, but by November 2015 there were 285.  Key Metrics 2014 2015 % Change from Previous Year New Listings 37 16 -56.8% Sold Listings 23 19 -17.4% Median Sales $ 320,000 274,500   Average Sales $ 338,931 313,866   % L... 12/16/2015

Western Slope FCI Constructors Ranks 13thThe list is out and 8 Western Slope firms rank among the top private companies in Colorado.FCI Constructors is once again tops on a list of Western Slope businesses that rank among the top 250 privately owned companies in Colorado.  FCI Constructors moved up eight spots to 13th in the 2015 list compiled by ColoradoBiz magazine.  The 2015 rankings are based on self-reported gross revenues for 2014.  Companies must be headquartered in Colorado to be placed on the list.  FCI Constructors reported revenues of more than $308 million, a 33 percent increase over the previous year.  The company employs 335 people.  Shaw Construction moved up four spots to 21st on the list with revenues of nearly $188 million. Shaw Construction is a Denver based firm with... 12/11/2015

Downtown Grand Junction Christmas Tree LightingThe weather was cold, but they still came.   Adults, families, children all anxiously awaiting the lighting of the 2015 Christmas Tree and the arrival of Santa!Christmas music was playing on the square and suddenly the Christmas Tree was ablaze with lights! At 6 pm, Santa appeared on the roof of the Wells Fargo Bank building, waving to the packed crowd.Grand Junction Fire Department was on hand to retrieve Santa from the roof top and bring him safely to the ground.Santa went to a big cozy chair where he greeted the children one by one as they shared their special Christmas wish list with him.         12/02/2015

Grand Junction Homes Sales October 2015 Shows an Active Real Estate Market.Three-hundred thirty-six Grand Junction Homes Closed in October 2015.  Along with 25 New Homes and 25 Commercial Properties  Area # Transactions Avg. Price Median Price  $ PPSF City 46 164.337 170,000 121. Clifton 16 165,821 150,000 116. Fruita 36 217,836 214,800 124. Fruitvale 66 177,458 176,000 109. Mall 47 273,397 198,200 140. North 26 250,890 215,450 114. Orchard Mesa EOM 34 195,523 191,000 118. Palisade 15 222,717 232,750 166. Redlands 29 340,867 341,000 146. Rural 19 251,371 239,900 136. If you are looking to buy or sell a Grand Junction Home, call Sandra (970) 261-1686.Marketing That Reaches The Out of Town Buyers!Report courtesy of Land Title Co.  Deemed reliable but not guaranteed. 12/01/2015

Commercial Real Estate Sales Recap October 2015Three vacant land sales, two office buildings, 3 retail buildings,  3 warehouses, one mobile home park, two apartment buildings, one townhome complex and one future church property were closed in the month of October 2015.  The commercial sector is active in all categories. I had the listing at 778 Valley Ct. and it was under contract within 90 days and closed after all inspections and environmental due diligence were completed.  Sq.Ft Land Size Price Type PPSF Address    9797  0.66 2,137,300 office 218.16 603  28 1/4 Road    4386  0.47    850,000 retail 193.80 2446 Patterson Road    2500  0.35    182,500 apartment   73.00 1326 Poplar Drive    4144  3.82   400,000 warehouse   96.53 431  35 Road    3750  0.13   168,000 warehouse   44.80 106 ... 12/01/2015

 Grand Junction New Home Sales Still Strong into FallGrand Junction closed 25 New Home Sales in October, 2015.  The average price was $252,020, average price per square foot (PPSF) $148.06.  The gross volume was $6,300,500.  Bed/Bath Sq.Ft. Price Subdivision PPSF Address 3/2 1322 180,800 Pear Meadows 136.76 3038 Prickly Pear Dr. 3/2 1383 198,200 Halls Estates 143.31 2456 Hannah Lane 3/2 1653 232,100 Stagecoach Trail 140.41 627 Huntington Road 3/2 1383 200,900 Halls Estates 145.26 2466 Hannah Lane 3/3 2466 492,200 Country Meadows 199.59 695 Poplar Ct.  omitted   277,900  Walnut Estates   664 Turnberry Ct. 3/2 1742 347,500 Fairway Villas 19.,48  487 Spoon Ct. omitted   226,700 Stagecoach Trail   640 Bradford Dr. 4/2 2004 243,900 Mahan Manor 121.71 291 Mahan St. 3/2.5 1950 369,900 Red Rock... 11/30/2015

Grand Junction  School District #51 broke ground on a new high school November 17, 2015.  The new R-5 High School will be at 22nd St. and Grand Avenue.  The school is currently located on 7th and Grand Ave. in a building that over 90 years old.The new building will also include the Opportunity Center that will help meet the needs of District 51 students who learn best in an alternative way.  R-5 principal Donald Trujillo said they will have learning studios.  As we have it in our mind, it will be defined with integrated technology and  flexible spacing.  The new and improved school was based off not only the administration's needs, but also the needs of the students.Trujillo has involved the students in some of the decision making.  We have picked out furniture and planned on how many s... 11/22/2015

Grand Junction has a VA Hospital, Veterans Cemetery and Art Center for Veterans. Grand Junction offers many resources for America's Veterans.  Wendy Hoffman opened the Veterans Art Center, an art gallery and studio exclusively for veterans and their families.  Located at 307 S. 12th St. 970-462-3126, for more information go to the website. American Legion Post 37     970-263-9183  970-256-7950 FirstLight Home Care  104 Independent Ave., Unit A119     970-639-2048 Fleet Reserve Association, Colorado West Branch #244  970-434-0868 Grand Valley Combined Honor Guard    970-234-0980 Grand Valley Veterans, American Legion Post 2009,    970-242-9195 U.S. Submarine Veterans, Thunder Mountain Base website  970-243-5762 Veterans Affairs Medical Center  2121 North Ave., GJ  970-242-0731 Veterans o... 11/04/2015

 Home Sales in Grand Junction By MLS Area 325 Homes were sold in the Greater Grand Junction and Grand Valley Area  Area # Transactions Avg. Residential $ Median Residential $ PPSF  City of Grand Junction 41 180,412 176,500 133.00 Clifton 12 174,736 137,500 102.00 Fruita 43 222,670 229,900 127.00 Fruitvale 65 190,897 184,600 119.00 Mall 28 255,525 209,150 139.00 North 34 261,766 250,500 132.00 Orchard Mesa & EOM 28 190,695 176,000 113.00 Palisade 10 186,250 183,500 133.00 Redlands 37 259,327 245,500 120.00 Rural 27 252,346 226,200 133.00 Bank Sales 20 138,410 137,550 74.00 If you are looking to buy or sell a home in the Grand Valley area, call Sandra (970) 261-1686.To read the Grand Junction Homes Sold August 2015 and previous months.Market report courtesy of Land Title from Mesa County ... 10/30/2015

Subdivision Sales in Grand JunctionAre you looking for a home in the Grand Junction area?  See current prices in the subdivisions and what the average cost per square foot is.September New Home SalesThe 'seasonal slow down' has started for new home sales and the general real estate market.  Grand Junction new home sales for September was 18 units.  The average new home price was $276,400, average price per square foot $151.55.  Gross volume was $5,251,600.If you are looking for a home in Grand Junction call Sandra (970) 261-1686.  Sandra is a "Certified New Home Specialist".   Bed/Bath Size Price Subdivision PPSF Address  not reported   238,900 Mahan Manor   283 Mahan St. 3/2 1629 227,500 Ridgewood Heights 139.66 2811 Cumbres Ct. 4/3 2486 314,700 Copper Creek 126.59 667 High Sierra Lane... 10/29/2015

The Views and the Proximity to the Colorado National Monument Make it one of the Most Popular Areas in Grand Junction.The Redlands area of Grand Junction is one of the most requested places to live.  Find your Redlands Home now!September 2015 sales are slightly lower than September 2014 but other key metrics reveal a stronger housing market with values increasing and more sales.  There were 34 new listings and 23 sold listings in September 2015.  Key Metrics Thru 09-2014 Thru 09-2015 % Change  New Listings 399 397 -0.5  Sold Listings  214 260 +21.5 Median Sales Price 279,500 296,250 +6.0 Avg. Sales Price 331,546 327,308 -1.3 Days on Market 134 111 -17.2 In September 2014, there were 189 homes for sale and 8.1 Months Supply of Inventory (MSI).September 2015, there were 148 homes for sale... 10/20/2015