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Top Realtor in Montrose, CA, Sees Median Price Jump Despite Increased Inventory

Montrose, CA  -- Competitive bidding dynamics have returned to Montrose's luxury market, driving median sale prices from $1.198 million in June to an impressive $1.45 million in July, even as available inventory increased from 17 to 26 active listings. The resurgence of multiple-offer situations and accelerated closing timelines demonstrates buyer confidence in the area's long-term value proposition. Professional staging and strategic marketing have become critical differentiators in capturing buyer attention quickly. Vic Markarian, experienced  real estate agent in Montrose, CA , emphasizes that successful sellers are those who invest in presenting their properties optimally from day one. The Vic Markarian Realty Group's approach combines Vic's engineering precision with comprehensive team support, ensuring properties stand out in competitive conditions. Their track record of getting homes sold fast reflects years of refining presentation strategies that appeal to toda...

Things to do in Montrose, CA - Part 24

Little Rascals Clubhouse

Real Estate Agent in Montrose, CA, Shares Insights on Price Correction as Sales Volume Surges 64% Year-Over-Year

Montrose, CA  -- The Montrose real estate market has entered a neutralization phase, with Zillow data showing average home values experiencing minimal decline at just 0.9% annually, while the Zillow Home Value Index stabilizes around $1.305 million. Despite this price moderation, sales volume has surged an impressive 64% year-over-year, indicating sustained transaction activity even as the market escapes the extremes of previous boom cycles. Market expertise becomes essential during transitional periods, which is where Vic Markarian,  Realtor agent in Montrose, CA , and the Vic Markarian Realty Group excel. The team's success stems from Vic's analytical background as an Electrical Engineer, combined with the same determination that led to their recognition as one of California's most distinguished real estate teams. Understanding buyer psychology during market shifts requires specialized knowledge that Vic Markarian,  real estate agent in Montrose, CA , brings to every tr...

Things to do in Montrose, CA - Part 23

Playhouse4kids

Things to do in Montrose, CA - Part 22

Montrose Bowl

Top Real Estate Listing Agent in Montrose, CA Notes Market Tightening as Average Days on Market Drops from 27 to 14 Days

Montrose, CA  -- The Montrose real estate market demonstrated remarkable acceleration in the summer months, with median sale prices surging despite increased inventory levels. Market dynamics shifted dramatically as average days on market plummeted from 27 to just 14 days, indicating robust buyer demand. This rapid movement occurred even as active listings rose from 17 to 26 properties, suggesting strong underlying demand fundamentals. Vic Markarian, recognized by many as a  top real estate agent in Montrose, CA , and leader of the Vic Markarian Realty Group, brings extensive expertise to understanding these market dynamics. With his drive that led his company to become one of California's most recognized real estate teams, Markarian provides comprehensive analysis. The team's client-first approach and over 800 five-star reviews across Zillow, Google, and Yelp demonstrate their commitment to exceptional service. "Despite a jump in inventory, homes aren't lingering—buye...

Things to do in Montrose, CA - Part 21

Montrose Community Park