The Aspen-Snowmass residential market slowed materially during the first half of 2026. Combined Aspen and Snowmass closed-sales volume fell approximately 38%, with Aspen transactions down about 27% and Snowmass Village transactions down about 37%. Marketing times increased sharply, yet average inventory remained nearly flat. Prices have therefore held better than transaction activity: Aspen’s median single-family......
This quarter, both the residential and commercial real estate markets continued to experience constrained supply and demand, influenced by several economic and local factors. Persistently elevated interest rates, coupled with ongoing uncertainty in global markets, have contributed to a more cautious environment for buyers, sellers, and investors. Locally, Pagosa Springs is nearing completion of a......
Developments and Community News Final Plat approved for a 29 lot Industrial Park at the Steamboat Springs Airport is on schedule for completion October this fall. 17 of 29 lots are U/C. Steamboat Springs is experiencing a wave of new developments, including residential communities, commercial spaces, and Large Condominiums developments at the base of the......
PUBLIC POLICY CHANGES In 2026, Grand Junction delayed enforcement of a new irrigation design certification requirement until January 1, 2029, giving development professionals more time to obtain the required certification and preventing potential project approval delays. In 2026, Grand Junction secured $27.2 million through Proposition 123 affordable-housing financing, supporting five housing projects and additional affordable-housing......
PUBLIC POLICY The Wildland Urban Interface (WUI) ordinance revised fire-resistance requirements for construction in designated wildfire-prone areas, addressing issues such as building materials, defensible space, vegetation management, and construction standards. City Council approved additional funding to acquire approximately 40 acres for the Corral Bluffs/Central Mesa (CMSP) West Extension, continuing the city’s long-term Trails, Open Space......
Montrose market slowed considerably. Commercial sales were over 25% lower than last quarter, and Residential sales were almost down by 8%. I contribute much of this downfall to the Gold Mountain Fire in the area. This has had a major impact on Real Estate in the area. But the Sales taxes in all areas is......
Chaffee County’s real estate market in Q2 showed a mixed performance from April 2026, with commercial activity gaining momentum while the residential market experienced a modest slowdown compared to April 2025. Commercial sales volume increased 31.9% year over year to $7,973,500, despite transaction count declining 42.9% to four sales, reflecting a smaller number of higher-value......
PUBLIC POLICY CHANGES Grand Junction and Mesa County launched a joint Housing Needs Assessment to evaluate current housing conditions, forecast future demand, and comply with Colorado’s statewide housing planning requirements. In March 2026, Grand Junction adopted the 2025 Colorado Wildfire Resiliency Code, establishing new building requirements for development in wildfire-prone areas. DEVELOPMENTS Formation District Food......
If you are looking to enter the market, keep in mind that overall commercial inventory remains incredibly low—often with fewer than 15 to 20 commercial properties listed for sale citywide at any given time. While long-term buyer demand remains fundamentally robust, local brokers note that buyers are applying significantly more pressure on pricing, returns, and......
The Telluride Regional real estate market experienced a dynamic first quarter of 2026, beginning with one of the slowest Januarys in recent history before rebounding significantly through February and March. Early season challenges, including below-average snowfall and the temporary ski patrol strike, dampened buyer activity at the start of the year. However, improving weather conditions,......