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Market Updates

Delta County Market Update � September 2020

grand mesa commercial real estate

Commercial Real Estate sales volume for Delta County of $2.1M YTD in 2020 is down 45.5% compared to sales YTD in 2019 of $3.8M. Residential Real Estate sales of $64M YTD in 2020 is down 12.6% compared to sales YTD in 2019 of $73.3M. Sales Taxes in City of Delta are up 6.9% YTD in......

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Alamosa County Market Update � September 2020

porter realty

Commercial Real Estate sales volume of $218K with 2 transactions YTD in 2020 in Alamosa County is significantly down compared to 9 sales of $3M YTD in 2019. Residential Real Estate sales for $12.9M YTD in 2020 are down 2.3% compared to sales YTD in 2019 of $13.2M. Sales Taxes are up 12.6% YTD in......

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Montrose County Market Update – September 2020

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Commercial Real Estate sales volume of $1.3M with 2 transactions YTD in 2020 is down 24% compared to sales YTD in 2019 with 5 transactions worth $1.8M. Residential Real Estate sales for $46.1M YTD in 2020 is down 28.7% compared to sales YTD in 2019 of $64.6M. Sales Taxes are down 1.8% YTD compared to......

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Breckenridge/Summit County Market Update – September 2020

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Commercial Real Estate sales volume for Summit County of $45M YTD in 2020 is down 45.1% compared to sales YTD in 2019 of 81.9M. Residential Real Estate sales for $483.1M YTD in 2020 is down 24.5% compared to sales YTD in 2019 of $639.6M. Sales Taxes in Breckenridge are down 19.5% YTD in 2020 compared......

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Grand Junction/Mesa County Market Update – September 2020

bray commercial real estate

Commercial Real Estate sales volume of $62M with 82 transactions through the first half of 2020 is down 24% compared to sales in 2019 with 126 transactions worth $81.3M. Residential Real Estate sales for Mesa County in the first six months of 2020 of $512M are down 1% compared to sales in the first half......

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Aspen Affordable Apartments Sell for $50.5 Million

Jennifer Hayes Colorado Real Estate Journal A real estate investment, management and construction firm headquartered in Indianapolis, Indiana paid a record price per unit for an affordable housing property in Aspen. Birge & Held paid $50.5 million, or $338,926 per unit, for the Centennial Aspen community at 100 Luke Short Court. Its price per unit......

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Uncharted Territory

The impact of the coronavirus outbreak is being felt across the country, around the globe and especially in Western Colorado. Our local economy and real estate market has entered into uncharted territory. Never in modern history have we witnessed a lockdown of the global economy to the degree that we’re experiencing now. What’s happening in......

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Delta County Market Update – January 2020

Commercial Real Estate sales volume for Delta County of $8.2M in 2019 with 18 transactions is down 4.3% compared to sales in 2018 with 37 transactions worth $8.5M. Residential Real Estate sales of $145.8M in 2019 is up 2.2% compared to sales in 2018 of $142.6M. Sales Taxes in City of Delta are up 7%......

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Durango Market Update – January 2020

Commercial Real Estate sales volume of $34.9M with 51 transactions in 2019 is down 1% compared to sales in 2018 of 35 transactions worth $35.1M. Residential Real Estate sales of $513.5M in 2019 is up 4.5% compared to sales in 2018 of $491.3M. Sales Taxes are relatively flat in 2019 compared to taxes collected in......

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Silver Linings

Finding something positive in the current world of disease and financial turmoil is difficult. The stock market is down 37 percent from its high on February 19th to its low on March 23rd. The stock market has rebounded by 5,000 points as of the writing on April 7th. The coronavirus is spreading across Europe and......

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