Montrose Q1 2026 Market Update Report

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Market has been softening in all categories expect single family housing less than $500K. Commercial listing has also been weak. Market has been volatile. There are still transactions that are happening, but the market is trend down.

Q1 2025  Q1 2026 %+-
VELOCITY (Source – MLS and City of Montrose of Sale Data)
Commercial Sales Volume

$4,637,888

$6,167,000

32.97%

Commercial Transactions 6 7 16.67%
VACANCY RATE 
CAP RATE  7% 8% 14.29%
SALES TAX INDICATORS (Source – MLS and City of Montrose of Sale Data)
All Sales Tax (YTD thru Nov)

$6,617,779

$6,584,732

-.5%
Lodging Taxes (YTD thru Nov)

$166,533

$168,486

1.17%

About The Author

John Renfrow, Renfrow Realty

A real estate professional since 2003, John Renfrow is owner of Renfrow Realty in the Montrose-Delta area. Now in its fourth generation, Renfrow Realty has been a trusted real estate source since 1986. John and his father, Jim Renfrow, bring a combination of business expertise and a lengthy track record in real estate to every real estate transaction.