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    • April Bray Report shows increase in median, average sales prices for Grand Junction real estate

    April Bray Report shows increase in median, average sales prices for Grand Junction real estate

    APR 2012-The Bray Report-ReeceMedian and average sales prices are on the rise. Does that mean we have seen the bottom of the market? Not quite. While the trends point to recovery, the reason for the rise is actually some high priced sales that are bringing the numbers up. That’s good! We are finally seeing some high end buyers in our market place again. But because of continued foreclosure activity, there is still plenty of downward pressure on prices. We are seeing multiple offers on well priced homes in the lower price ranges, so those sectors are seeing a bit of leveling off of prices, for now.

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