Chaffee County Q3 2025 Market Update Report

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 performance has remained consistent, with YTD sales totaling $234,684,739, up slightly from $234,112,133 in 2024.
The average residential sales price also increased to $769,458, a 3.86% rise compared to last year, while Days on Market improved from 73 to 61, reflecting a faster-moving market. The modest decrease in residential transactions, from 316 to 305, points to an active market transitioning toward steady, more typical levels of activity.
| Sept 2024 YTD | Sept 2025 YTD | %+- | |
| VELOCITY | |||
| Commercial Sales Volume |
$8,691,000 |
$12,843,226 |
+47.8% |
| Commercial Transactions | 11 | 20 | +81.8% |
| VACANCY RATE | unavailable | unavailable | |
| CAP RATE | 6-6.5% | 6-6.5% | |
| SALES TAX INDICATORS | |||
| All Sales Tax | $10,272,830 | $10,700,493 | +4.2% |
| Lodging Taxes | n/a | n/a |