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Market Updates

Could the Coronavirus Impact the Western Colorado Commercial & Residential Real Estate Markets?

The number one news story this past week has been the global spread of the coronavirus. From its origin in Wuhan, China, with an outbreak that started in December, the coronavirus has in just two months spread to 47 countries and every continent in the world except Antarctica. From its historic peak on February 12th,......

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Aspen Appraiser – Mark Hunt’s Buying Binge of Aspen Commercial Properties Will Trigger Chain Reaction

Rick Carroll Aspen Times At the clip developer Mark Hunt is buying up commercial property in downtown Aspen, it is nearly inevitable that a 2016 city ordinance aimed at slowing down the influx of chain retailers will be tested. That’s what a veteran property appraiser told a crowd of roughly 400 people gathered last week......

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Grand Junction/Mesa County Market Update – January 2020

Commercial Real Estate sales volume of $188M with 229 transactions in 2019 is up 11.4% compared to sales in 2018 with 262 transactions worth $168.8M. Residential Real Estate sales for Mesa County in 2019 of 1.1B are up 4.8% compared to sales in 2018 of $1.05B. Sales Taxes in 2019 were up 3.3% compared to......

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Billionaire Buyers Strengthen Hold on Aspen Real Estate

Curtis Wackerle Aspen Daily News The Aspen commercial real estate market remains strong and stable, notching another solid year in 2019. Like much of the rest of the overall real estate market, numbers were hovering close to 2018. Two recent sales of office properties caught the eye of local appraiser Randy Gold, however. Both purchases,......

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Glenwood Springs Market Update – January 2020

new era logo

Commercial Real Estate sales volume of $12.6M with 13 transactions in 2019 is down 26.5% compared to sales in 2018 of 28 transactions worth $17.1M. Residential Real Estate sales of $126.4M in 2019 are down 16% compared to sales in 2018 of $150.5M. Sales Taxes for the City of Glenwood Springs in 2019 were up......

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Steamboat Springs Market Update – January 2020

Logo of Colorado Group Realty, featuring stylized "C" and text, relevant to Colorado real estate market updates and transactions.

Commercial Real Estate sales volume of 17.1M with 27 transactions in 2019 is down 44% compared to sales in 2018 with 34 transactions worth $30.5M. Residential Real Estate sales for $569.3M in 2019 are up 8.6% compared to sales in 2018 of $524M. Sales Taxes are up 8% compared to taxes collected in 2018. New......

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Vail/Eagle County Market Update – January 2020

Commercial Real Estate sales volume of $143.3M with 133 transactions in 2019 is down 23.4% compared to sales in 2018 of 183 transactions worth $187.1M. Residential Real Estate sales of $2.1B in 2019 is up 4.3% compared to sales in 2018 of $2B. New commercial real estate development projects include 4 apartment projects for 171......

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Gunnison County Market Update – January 2020

crested butte liv sotheby's

Commercial Real Estate sales volume of $11.2M with 20 transactions in 2019 is significantly up 110% compared to sales in 2018 with 17 transactions worth $5.3M. Gunnison County Residential Real Estate sales for $277M in 2019 is flat compared to sales in 2018 of $277M. The 40,000sf Center for the Arts complex in Crested Butte......

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Montrose County Market Update – January 2020

RMCRE logo featuring a stylized "R" in white on an orange and blue background, representing the real estate company amidst discussions of market developments and economic leadership in Delta County.

Commercial Real Estate sales volume of $12.9M with 31 transactions in 2019 is down 19.5% compared to sales in 2018 with 30 transactions worth $16M. Residential Real Estate sales of $224M increased 5.3% compared to sales in 2018 of $212.7M. Sales Taxes are up 3.3% in 2019 compared to taxes collected in 2018. Commercial real......

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Breckenridge/Summit County Market Update – January 2020

LIV Sotheby's International Realty logo, representing luxury real estate services in Colorado, relevant to Woodland Park and Teller County market updates.

Commercial Real Estate sales volume for Summit County of $172M in 2019 is up 109% compared to sales in 2018 of 82.1M. Residential Real Estate sales for $1.73B in 2019 is up 3.6% compared to sales in 2018 of $1.66B. Sales Taxes in Breckenridge are up 7.1% in 2019 compared to taxes collected in 2018.......

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