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Grand Junction, CO Real Estate News

By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
Grand Junction New Home Sales January 2018January's total sales were 29 new homes sold with an average sales price of $359,168.97.  Gross volume from 29 dales was $10,415,900.00.The communities with the most sales in January were Mountain View Estates with 5 sales/ Adobe View North 3 sales, Summer Hill 2 sales.  Increasing demand for homes in Grand Junction are putting pressure on the builders and increasing the selling price of resale homes.  If you would like information on Grand Junction builders, new home subdivisions and information on the area, call Sandra at (970) 261-1686.                                                Grand Junction Builders January Sales Bed/Bath SQ FT. Price Subdivision PPSF Address 3/2 1706 550,000 SEC 15 T1N R2W 322.39 1943 Sage Creek Road 3/2.25 1944 537,4...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
Grand Junction had an incredible start to 2018 with record breaking numbers for commercial sales.$19,651,400 January 2018 Sales....Is Grand Junction on the Map ?By the numbers: 2 Gas Station 3 Retail 3 Restaurant 5 Office Building 1 Bulk Town Homes 3 Apartments 2 Carwash 1 Winery 1 Mixed Use 1 Warehouse 1 Mobile Home Park 8 Vacant Land 1 Development Project Grand Junction is experiencing strong sales in commercial and residential real estate.  Investors and businesses are putting their money into the Grand Junction market.  There is construction everywhere, homes are scarce, businesses are expanding and hiring.  Looking for commercial or residential property, call Sandra (970) 261-1686.Here is what a recent client said about Sandra:Jeff and Joymade a recommendation for youSandra helped ...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
Grand Junction Residential Construction and the Hot NeighborhoodsMuch has changed in Grand Junction residential construction since 2007 when Mesa County's economy and housing market were on the rise, thanks to a natural gas boom that brought jobs, workers and a housing shortage. When natural gas prices plummeted at the end of 2008, jobs disappeared, the workers left and new subdivision plans were shelved.The real estate market began a steady dive, bottoming out in 2010 when there was only 170 new home constructed and only 1,696 homes sold.  Starting in 2011, existing homes started to pick up, but the growth was slow and painful.  The Front Range was booming, while Mesa County seemed to drag along.In 2017, the real estate market broke into a sprint with homes selling in the first week th...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
Ridgewood Heights Town Homes A Lock and Leave Lifestyle Ridgewood Heights Town Homes offers a low maintenance, single level town home centrally located in Grand Junction, CO.Ridgewood Heights popularity comes from the affordability, standard finishes,  and  close proximity to healthcare and shopping.   Ridgewood Heights offers three popular floor plans all with open floor plans, granite counters, vaulted ceilings and more.Each unit has it's own patio area and 2 car garage.  The town homes are built 4 units to each building and only one building is started at a time.  Because of the popularity, the units sell out quickly and then the wait time is at least 6-8 months before another building is started. Search Ridgewood Heights Town Homes For Sale  THE CIMMARON2 Bedroom, 2 Bath, 2 Car Gara...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
STEM Education is Coming to Grand Junction, COCentral High School in Grand Junction will be the first school in Colorado to obtain National Institute for STEM Education Campus Wide Certification.  Coloradans with STEM competencies will drive innovation and fuel our economy.  62% of the top jobs in Colorado require STEM skills.What is STEM?  Stem stands for science, technology, engineering and mathematics.  STEM is important because it pervades every part of our lives.  Science is everywhere in the world around us.  Technology is continuously expanding into every aspect of our lives.  Engineering is the basic designs of roads and bridges, but also tackles the environment and changes to our homes.  Mathematics is in every occupation, every activity we do in our lives.  By exposing student...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
December 2017 Grand Junction New Homes Sales ReportTop Subdivisions were:  Heritage Estates, River Trail, Pear Park North and Mountain View Estates.December provided strong new home sales with 36 transactions.The gross volume was $10,298,900, average per square foot price $164.44.The average sales price was $286,080 and median sales price of $241,950.There is still a shortage of inventory but not Buyers.  If you are looking for a home in Grand Junctioncontact Sandra  for local market knowledge, unparalleled negotiation skills and 5 star client service.  Bed/Bath SQ.FT. Price Subdivision PPSF Address 3/2 1432 279,000 Heritage Heigts 194.83 2478 Kerk Ave.  #A 3/1.75 1526 226,400 River Trail 148.36 382 Blue River Drive 3/2.50 2633 627,800 Freedom Heights 238.44 2606 Liberty Lane 3/2 1548 2...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
              Grand Junction Commercial Real Estate Sales finish the year with a strong recovery.Apartment Buildings and Warehouses Were the Big Drivers for the Investors.4 Apartment Buildings;  1 Mixed Use;  6 Warehouses;  1 Office/Retail;  1 Office;  3 Vacant LandLooking for commercial or residential real estate in the Grand Junction Area?Call Sandra for local market knowledge, unparalleled negotiation skills and innovative marketing to help you find the perfect home or investment property. SQ. FT. Land Size Price Use PPSF Address 5232 .30 820,000 Apartment 156.73 2131 N. 9th St. 2720 .14 269,000 Mixed Use 98.90 215 S.  11th St. 20048 1.40 365,000 Warehouse 18.21 567 & 569 32 1/2 Road 600 5.71 130,000 Warehouse 216.67 4214 S. Highway 50 18690 1.22 850,000 Warehouse 45.48 2914 Highway ...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
New Home Sales for October were 43 HomesBuilder's are reporting strong sales for Grand Junction homes.  A continuing shortage of resale homes has boosted builder's home sales all year.  October's most active subdivisions were Heritage Heights with 7 sales, Copper Creek North 4 sales, Monarch with 3, and Ridgewood Heights with 2.Grand Junction and Fruita have many new home subdivisions and if you are looking for a new home call Sandra (970) 261-1686.  Sandra is an Accredited Buyer Representative (ABR) and Certified New Home Specialist (CNHS).  Bed/Bath SQ.FT. Price Subdivision PPSF Address 4/3.75 4353 960,000 Redlands Mesa 22.054 322 Iron Horse Court 3/2 1672 242,700 Wexford Estates 145.16 443 Donogall Dr. #A     470,000 Freedom Heights   2602 Liberty Lane 3/2 1522 248,900 Town of Mesa 1...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
  Grand Junction and Mesa County Commercial Real Estate ReportCommercial and Residential Sales are Surging as Grand Junction's Market has RecoveredTwenty-One Commercial Real Estate Sales in Grand Junction November, 2018Commercial real estate sales are broken down by use:  Office 2;  Lodging 1;  Retail 6;  Apartments 2; Warehouse 3;  Office/Retail 1;  Preschool 3;  Vacant Land 3  SQ.FT. Land Size Price Use PPSF Address 16,425 .22 1,970,000 Office 119.97 122, 128 N. 5th St. 26,676 2.033 2,600,000 Lodging 97.47 776 Horizon Dr. 8,330 .48 719,000 Retail 86.31 2820 1/2 North Ave. 6,315 1.01 600,000 Retail 95.01 2701 & 2703 US Highway 50 152,248 12.18 3,150,000 Retail 20.69 2836 North Ave. 3,498 .23 279,000 Apartment 79.76 462 32 1/8 Road 19,680 1.76 1,000,000 Warehouse 55.89 757 Valley Ct. 3,...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
 Grand Junction Commercial Real Estate ReportBusinesses and Investors are returning to the commercial real estate market in Grand Junction.  The biggest sectors of investment all year have apartment buildings, warehouses and retail space.Strong commercial real estate sales posted in the beginning of the 4th quarter for Grand Junction area in Mesa County. Sales are broken down by category:  Warehouse 2;  Apartments 3;  Retail 1;  Office/Retail 1;  Mixed Use 2,   Vacant land 5.  SQ FT Land Size Price Use PPSF Address 1330 .02 26,000 Warehouse 19.55 2860 Aviators Way B12 3560 .21 266,300 Apartment 74.80 3218 Chipeta Ct. 4096 .20 271,300 Apartment 66.24 3216 Chipeta Ct. 3674   300,000 Retail 81.65 200 W. Grand Ave. #3 #4AB 1189 .10 127,000 Office/Retail 106.81 825 Rood Ave. 2400 .29 284,000...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
Grand Junction New Home Sales By SubdivisionBuilders are Reaping the Benefits of a Seller's Market with 37 New Home Sales in June 2017. Heritage Heights and Copper Creek North Had the Most Sales for the Month. Bed/Bath Sq FT Price Subdivision PPSF Address N/A   297,000 Copper Creek North   2495 Park Vista St. 4/3 2401 504,000 Horseshoe Ridge 209.91 1390 Horseshoe Dr. 3/3 1995 386,500 South Rim Hollow 193.73 536 Honita Lane 3/2.5 1590 289,900 Heritage Heights 182.33 2490 Kerk Ave. #A 3/2 1897 337,900 Hawks Nest 178.12 168 Night Hawk Dr. 3/2 1522 264,800 Heritage Heights 173.98 2487 Kerk Ave. 4/2 1532 263,800 Stagecoach Trail 172.19 632 Huntington Road 3/2 1068 182m500 August Moon 170.88 270 27 Road 3/2 1660 281,700 Heritage Heights 169.70 2477 Kerk Ave. #A 4/2 2107 349,900 Mountain View ...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
Lock and Leave Lifestyle Embraced at Summer Hill  At Summer Hill, the lock-and-leave flexibility of the homes pairs with stunning, natural views and amenities that support an active, healthy lifestyle.  That's not surprising, considering that baby boomers are driving the demand for lock-and-leave.  In today;s housing market many baby boomers downsize from their large, empty family homes to smaller digs.  We are seeing this with the number of people moving  from Denver and other places to Grand Junction. With very active lifestyles they want to travel and relax, so who needs all those extra rooms once the kids have moved out?Summer Hill was created out of a demand for an easier way of living pre-and-post retirement. Lock-and-leave dwellings are low maintenance, that makes it easy to pack...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
 Commercial Real Estate Transactions in Grand Junction, Colorado May 2017There is still a lot of buying activity in Grand Junction's commercial real estate.The total sales for May was 11 and the breakdown is:  1 lodging, 2 apartment buildings, 1 retail, 1 school, 2 warehouses, 1 church, 2 office buildings and 1 vacant land parcel.The  biggest Grand Junction commercial sale for the month was an office building at 326 Main St. for $1,235,000.  Square Feet Land Size Price Use PPSF Address 8924 0.84 700,000 Lodging 78.44 2222 North Ave. 3744 0.19 200,000 Apartment 53.42 483 Mae St. 1216 0.03 195,000 Retail 160.36 575 Kokopelli Blvd. #8 6000 0.35 333,000 School 55.50 493  28 1/4 Road 1599   70,000 Warehouse 43.78 779 Heritage Way #3 2599 0.27 60,000 Church 23.09 10897 Highway 65 16410 0.14 1...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
March 2017  Twenty-Two Commercial Real Estate Sales Largest sale was $3,600,000 for a hotel near Grand Junction Airport. With the economy picking up in Grand Junction, the real estate investors are picking up some good deals.   Horizon Drive is adjacent to the Grand Junction Airport  and the area recently had a face-lift.  New round-abouts, eye-catching horse sculptures and landscaping.  The other sales broken down into categories are:  Two apartment buildings, 5 retail, 1 lodging, 4 office buildings, 1 church, 2 bulk condo's and 6 vacant lots.  SQ.FT. Land Size Sales Price Use PPSF Address 2880   368,000 Office 127.78 2460 Patterson Road #6 3824 0.25 257,000 Apartment   76.21 558 Garfield Drive 944 0.02 113,500 Office 120.23 2497 Power Road #2 7000 0.59 1,335,000 Retail 128.21 812 Rood...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
 Grand Junction Homes are Selling Quickly, Here is Why! If you are looking to buy a home in the Grand Junction area, you have noticed that new listings disappear quickly and there are many buyers looking at the same homes you are.  Grand Junction is currently a Seller's market and we have a shortage of available homes.  Here is the quick explanation about  Grand Junction Homes Market "Absorption Rate" and how it affects home buyers and sellers. What is the 'Absorption Rate'The absorption rate is the rate at which available homes are sold in a specific real estate market during a given time period. It is calculated by dividing the total number of available homes by the average number of sales per month. The figure shows how many months it will take to exhaust the supply of homes on the m...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
 A $30 million business park is coming to Grand Junction Outdoor Recreation is the fastest growing industry. Grand Junction, Colorado is setting a goal to be the leader in the outdoor recreation and tourist industry.  To put the plan into action, the city council recently approved plans for a new business park beside Los Colonias Park.Las Colonias Park and the Riverfront Trail are popular with walkers and bicyclists.  The park is being expanded with grants and later this summer a newly built amphitheater will open. The park is being expanded with grants and later this summer a newly built amphitheater will open. There will be 10 land leases available and the types of companies they want to recruit will have an outdoor focus.  The site is adjacent to the Colorado River and would be a gre...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
2654 Summer Crest Court, Grand Junction, CO 81506Summer Hill offers a Lock and Leave Lifestyle, walking trails, views of the Colorado Monument and Bookcliffs.  The HOA manages front landscaping and snow removal on sidewalks.The Pergola covered patio has spectacular views of the Colorado National Monument.This home is 3 bedrooms, 2 baths, 2 car attached garage and 1939 square feet.Priced at $331,500 
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
Commercial Real Estate Report December 2016 Grand Junction, Colorado.Grand Junction closed 18 Commercial Real Estate sales in December 2016Apartment Buildings 3;  Office Building 2;  Church 1;  Retail 3;  Warehouse 1;  Lodging 1;  Vacant Land 3;  Land/Development 4  Square Feet Land Size Price Use PPSF Address 3120 0.24 230,000 Apartment 73.72 468 Mae St. 2761 0.03 425,000 Office 153.93 607 25 Road #200 20696 1.32 4,075,000 Church 196.90 730 & 880 Mesa Ave. 30730 2.53 2,300,000 Retail 74.85 2500 & 2518 Broadway 4530 0.58 750,000 Retail 165.56 2885 North Ave. 4280   133,000 Warehouse 31.07 2956 North Ave. #5,6 3536 0.22 254,000 Apartment 71.83 561 Garfield Dr. 1478   120,000 Office 81.19 576 Northgate Dr. #2 1980 0.91 370,000 Retail 186.87 2520 Broadway 3560 0.26 235,000 Apartment 66.01 ...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
New Home in Pear Park North 457 Clark St. SOLD $209,9003 Bedrooms, 3 Bathrooms, 2 Car Garage 1341 Sq.Ft.This brand new home in Pear Park North has been SOLD by Sandra Mathewson of RE/MAX 4000, Inc.Popular split bedroom design and open floor plan is what the Buyer's wanted. The home features vaulted ceiling and gorgeous wood laminate floors.  The spacious Master Suite features a huge walk-in closet, shower with decorator tile and pocket doors.Bedroom 2 and 3 have a private Jack and Jill between and are on the other side of the home.A well designed, functional kitchen with lots of space and a center island with room for counter seating. A low maintenance stucco and stone exterior are an energy saver and low maintenance.The location is quick access to the 29 Road overpass, Downtown Grand J...
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By Sandra Mathewson, CRS, CLHMS, ABR, SRES, GRI, CDPE, PSA, SFR, CNHS
(RE/MAX 4000)
Grand Junction beat out Montrose County and Vail Valley in a fierce competition to win the relocation bid.  Sunshine Polishing Technology Company Relocating to Grand JunctionArticle date: Feb 2 2017Sunshine Polishing Technology, a company that refurbishes gondolas for ski resorts and adventure parks plans to move its operations to Grand Junction following the approval of an incentive package by the Grand Junction City Council.Sunshine Polishing Technology expects to relocate its United States operations and seven employees from Gypsum. The company also plans to hire four to eight additional employees this summer as well as construct a new building.The council voted to sell 2 acres in of the former Jarvis property along the Colorado River to the company at a reduced price of $20,000 as w...
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