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…
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 price swings in either direction.
That said, well-priced homes in the lower price tier—particularly between $500,000 and $750,000—continue to move quickly, often attracting strong interest and offers close to list price.This segment is clearly outperforming higher price ranges, underscoring sustained demand for more attainable housing despite broader market softness.
On the commercial side, activity has been slower, with only a small number of sales occurring and cap rates generally falling in the 7% to 8% range.
| Q3 2024 | Q3 2025 | %+- | |
| VELOCITY (Source – CREN MLS) | |||
| Commercial Sales Volume |
$2,701,800 |
$3,018,000 |
10.48% |
| Commercial Transactions | 5 | 2 | -150% |
| VACANCY RATE | |||
| CAP RATE | 7%-8% | ||
| SALES TAX INDICATORS (Source – City of Pagosa Springs, County of Archuleta) | |||
| All Sales Tax |
$5,168,746.83 |
$5,351,873.37 |
+3.42% |
| Lodging Taxes |
n/a |
n/a |
