November 2025 Bray Report: What Mesa County’s Housing Market is Telling Us

December 22, 2025

November was a slower month for the Mesa County residential real estate market. A total of 173 homes sold, which is a decrease of 9% compared to the 191 homes sold in November of last year. The median price has remained steady at $395,000, a small decrease from last year’s median of $415,000. Days on market were similar as well, with a median of 66 days compared to 67 last November.

Active listings are up 14% over this time last year but have trended down over the last few months. Inventory is down 9.6% from October 2025 and down 14% from September 2025. Months of inventory increased slightly and is up 0.7 months compared to both last month and last year. The price range with the most available homes continues to be $300,000 to $400,000, and the area with the most active listings remains North Grand Junction.

Year to date, the market is still ahead of 2024. So far in 2025, 2,616 homes have sold, which is a 5.8% increase over the 2,473 sold during the same period in 2024. Total volume is up 8.7% with $1.22 billion sold to date. The areas with the most sales so far this year are North Grand Junction, Grand Junction City, and Northeast Grand Junction.

The National Association of Realtors recently released the 2025 Profile of Home Buyers and Sellers. Here are a few noteworthy trends:

  • First time buyers
    • 21% of buyers are purchasing their first home, an all-time low
    • Median age is 40 years old, an all-time high
    • Average down payment is 10%
  • Repeat buyers
    • Median age is 62, an all-time high
    • Average down payment is 23%
  • All buyers
    • Only 24% have at least one child under 18, an all-time low
    • 61% of buyers are married couples
    • All cash buyers represent 26% of the market, an all-time high
  • Sellers
    • Median age of a seller is 64 years old
    • Typical tenure before selling is 11 years, an all time high
    • 34% traded up to a larger home, 32% purchased a similar sized home, and 32% downsized
    • Only 27% offered incentives, most commonly closing cost assistance