Grand Junction is still in the Top 10, Baby!

The US housing index report came out today. I for one was very interested in what it was going to say. Sales have slowed down a bit and I was curious to know if the prices of our homes had went down as well. Our homes actually appreciated more in the 3rd quarter than the 2nd quarter. In the 3rd quarter our homes appreciated 1.21% up from .82%, in the last year they have appreciated 4.67% down from 5.25% and over the last 5 years they have appreciated 66.11% down from 65.05%. I don"t know about you , but I sure am glad we have + (plus) sign in front of our numbers. I can't help but think "Not a bad return on you money".

The full report from the Federal Housing Finance Agency

Last Quarters Figures

A Quick Look At The Figures Nationwide

What is Happening In Grand Junction Area Real Estate - 10/19/08-10/25/08

Market Statistics for October 19, 2008 - October 25, 2008-

According to our local MLS, there are currently 1,570 active residential listings in Grand Junction, 199 homes are under contract, and 43 homes sold last week. They are broken into areas below-

• City Area - 144 active/ 4 sold
• North Area - 274 active/ 7 sold
• Northeast Area - 155 active/ 4 sold
• Southeast Area - 159 active/ 6 sold
• Clifton Area - 81 active / 3 sold
• Orchard Mesa Area - 165 active / 6 sold
• Redlands Area - 230 active / 3 sold
• Fruita Area - 238 active / 7 sold
• Palisade/East Orchard Mesa Area - 64 active / 3 sold
• Northwest Area - 21 active / 0 sold
• West Area - 39 active / 0 sold
• Whitewater - 34 active / 0 sold
• Collbran/Molina/ Mesa/Vega Area - 54 active / 0 sold
• New Construction (Homes built in 2008)- 255 active / 4 sold

The Different Neighborhoods in Mesa County - This is a general guide to the different areas