📊 July Market Trends: Your Guide to Local Real Estate 🏡
⬆️ NEW LISTINGS IN JULY: 384, up from 382 🏠
New listings remained steady in July with only a slight increase from June. Sellers continue to enter the market, giving buyers a healthy selection of homes to choose from. This consistency is typical during the summer months and helps support a balanced market.
⬆️ TOTAL ACTIVE HOMES: 940, up from 904 📈
Active inventory continued to grow as more homes became available. Buyers now have even more options across a variety of price ranges and neighborhoods. While inventory is increasing, it remains within a healthy range for our market.
➡️ MONTHS SUPPLY OF INVENTORY: 3.81, unchanged from June 📊
The months supply of inventory remained unchanged, showing that supply and demand continue to stay in balance. Although more homes are available, buyer activity is keeping pace with the additional inventory. This stability is a positive sign for both buyers and sellers.
⬇️ UNDER CONTRACT LISTED IN JULY: 77, down from 85 📝
The number of newly pending homes declined slightly compared to June. With more inventory available, buyers have a little more time to compare their options before making an offer. Even so, motivated buyers continue to move forward when the right home comes along.
⬇️ TOTAL HOMES UNDER CONTRACT: 320, down from 331 🏡
The total number of homes under contract saw a modest decline this month. This reflects a market where buyers have more choices and can be more selective. Pending sales remain healthy and continue to support steady closing activity.
⬇️ MEDIAN (HOMES SOLD) DAYS ON MARKET: 60, down from 63 ⏱️
Homes sold slightly faster in July than they did in June. Well-priced, well-presented homes continue to attract buyers quickly. This demonstrates that demand remains strong for homes that are positioned competitively.
⬆️ SOLD IN JULY: 247, up from 237 🔑
Closed sales increased in July, showing that transactions continue to move successfully from contract to closing. Buyer activity remains healthy despite increased inventory. This is another indicator of a stable summer market.
⬇️ MEDIAN SOLD PRICE: $428,000, down from $430,000 💰
The median sold price dipped only slightly from last month. Small month-to-month price changes are common and often reflect the mix of homes that sold rather than a shift in overall market values. Home prices remain stable, demonstrating continued confidence in the Mesa County market.
⬇️ SALE PRICE / LIST PRICE RATIO: 97.68%, down from 98.53% 📉
Homes sold for an average of 97.68% of their asking price, a slight decrease from June. Buyers have gained a bit more negotiating power as inventory has increased. Sellers who price their homes appropriately and present them well are still achieving excellent results.
💰 Sold Price Analysis
🏡 Homes Under $499,999: 159 sales
🏘️ Mid-Range Market ($500,000–$999,999): 77 sales
✨ Luxury Market ($1M+): 11 sales
The under $500,000 price range remained the most active segment of the market, accounting for the majority of sales. Mid-range homes also experienced strong activity, while luxury properties continued to sell at a healthy pace. This broad participation across all price ranges reflects continued confidence in the Mesa County housing market.
📊 July Market Summary
July's housing market continued to demonstrate stability and healthy activity. Inventory has grown steadily over the past several months, giving buyers more choices, while consistent demand has kept the months' supply of inventory unchanged. Homes continue to sell in about two months, closed sales have increased, and home values have remained remarkably stable.
Rather than favoring buyers or sellers, Mesa County is experiencing a more balanced market where success depends on strategy. Buyers have more opportunities to find the right home, while sellers who price competitively and prepare their homes well continue to attract strong interest and achieve excellent results. Overall, the market remains healthy as we move toward the late summer season.








