Delta County Q1 2024 Market Update
PUBLIC POLICY UPDATE:
- One Delta County still working on 2 industrial sites to develop and an rent to own Affordable Housing project.
- Mesa Point Subdivision will have 421 homes $1 Million and up in Cedaredge on the back 9 of the golf course is in the preliminary stages for approvals. Lots of push back from the residents.
| 2023 Q1 | 2024 Q1 | %+- | |
| VELOCITY (Source – Mesa County Assessor) | |||
| Commercial Sales Volume | $2,293,000 | $5,331,000 | +57% |
| Commercial Transactions | 7 | 9 | 22.2% |
| VACANCY RATE | N/A | N/A | |
| CAP RATE | N/A | N/A | N/A |
| SALES TAX INDICATORS (Source –City of Delta) | |||
| All Sales Tax | $1,887,895 | +100% | |
| Lodging Taxes | $29,225 | $27,889 | -4.6% |
