December 2025
Well folks, as we expected January was down. January 2026 saw 12 new contracts in the Telluride Region, the lowest number of new contracts since I started tracking in 2012. The January new contract average is 39 with a high of 77 in 2021 and low of 24 in 2023. The dollar volume was......
MARKET TRENDS 2025 continued the 2024 solid market momentum for residential and commercial property sales in the Aspen Snowmass market. Commercial leasing activity in Aspen and Snowmass has remained strong with recent retail rents in downtown Aspen hovering around $275 – $325 per SF with office rents in the $66 – $100 per SF with......
The commercial real estate market in the Montrose area has picked up this past quarter. I feel that this is primarily due to pent up demand, as well as the slight reduction in interest rates. Low end residential money continues to be strong, but anything over $600K and up is having more days on market......
Chaffee County continues to demonstrate solid momentum across both commercial and residential real estate sectors, with year-to-date figures through December 2025 showing notable year-over-year gains. Commercial real estate activity strengthened, with sales volume rising to $4,475,000 across five transactions, reflecting a 123.0% increase in volume and a 25% increase in transaction count compared to 2024.......
Commercial activity across the Aspen–Basalt–Carbondale corridor remains selective but liquid. Stabilized assets continue to attract institutional and private capital, with observed cap rates generally in the 4–6% range depending on asset class and tenant strength. Vacancy has ticked upward across oEice and flex inventory, extending decision timelines and increasing tenant leverage. However, properly priced product......
Durango’s commercial real estate market enters 2026 with cautious optimism, positioned between the post-pandemic boom and a more balanced, sustainable growth trajectory. While the broader Colorado tourism economy faces headwinds, Durango’s year-round diversified economy and status as the economic hub of Southwest Colorado provide resilience that pure resort towns lack. This market outlook forecasts modest......
PUBLIC POLICY CHANGES The proposed House Bill 36, which could allow local governments in ski towns, including Summit County, to impose taxes on vacant homes to fund affordable housing initiatives. With over 40% of homes in these communities remaining unoccupied, the bill aims to address rising real estate prices and limited housing availability for locals.......
PUBLIC POLICY With the ushering in of retail marijuana after over a decade of remaining strictly medicinal, Colorado Springs has brought in nearly $2M in tax revenue after only 9 months of retail shops being open, representing a staggering increase. Year-end state of the city remarks by local officials emphasized significant drops in crime rates,......
In Q3 2025, Archuleta County’s residential real estate market remains relatively flat, with low inventory and a corresponding decline in sales activity, resulting in modest and stable price movement overall. Limited supply, combined with more cautious buyer behavior, has created a balanced market where properties are taking just long enough to sell to prevent sharp......
Chaffee County remains a strong and steady market, though current indicators suggest a mild shift as conditions begin to balance between buyers and sellers. Commercial Real Estate activity has strengthened notably, with year-to-date (YTD) sales volume reaching $12,843,226 across 20 transactions, a significant increase from 2024’s $8,691,000 in sales and 11 transactions. Residential Real Estate......