Graphs-Grand Junction Real Estate Statistics for January 2009

January was a slow month. Only 68 homes sold, December had twice as many sales. Also, notice the increase in Seller Discounts. Basically, it means that there were a lot of over priced properties and some corrections were needed. It is more important now than ever before to NOT overprice. The homes that are priced correctly are selling faster and closer to the current listing price when compared to homes that have gradually reduced their price. On the flip side, there are some great deals out there and it is a great time to be a buyer. Especially with the new $8,000 tax credit.

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