Market Update

Roaring Fork Valley October 2022 Market Statistics

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Please find the October 2022 real estate residential market reports for Garfield, Mid Valley, and Pitkin Counties below from Land Title. As Commercial Real Estate Brokers, we also closely track residential market numbers as indicators for the commercial markets in counties across Colorado. Land Title is one of our affiliates that we lean on for......

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Steamboat Springs Market Update Q3 2022

    Lack of inventory continues in Steamboat Springs. 60% of all closings were CASH. Short-Term Rentals is an issue. Steamboat City Council continues discussion. The City of Steamboat Springs is considering dormitory type housing to be built in Industrial Zoning. In addition: 65 Live/Work units and Industrial lots proposed at entrance of Steamboat Springs......

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Telluride Q3 2022 Market Update

Telluride Real Estate Brokers

  2021 Q3 2022 Q3 %+- Commercial Sales Volume $12,620,000 $9,553,605 -32.10% Commercial Transactions 5 8 37.5% VACANCY RATE n/a n/a CAP RATE n/a n/a SALES TAX INDICATORS  All Sales Tax n/a n/a Lodging Taxes n/a n/a   Market Comparisons Shown by Number of New Contracts and Dollar Amounts   Click here to download the......

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Chaffee County Market Update Q3 2022

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Chaffee County remains a strong market but is seeing some signs of the slowing and changes within the County. Commercial Real Estate sales volume of $21,702,500, with 23 transactions (YTD) through the third quarter of 2022, down by 51% compared to 2021 having $44,674,558 in sales volume consisting of 56 transactions. Residential Real Estate sales......

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Montrose Real Estate Market Update Q3 2022

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Montrose continues to enjoy a thriving real estate market. Here are a few recent developments: Expansion of Montrose Airport Terminal is in process. Black Canyon Boy & Girls Club purchased Casacade Movie complex to move into. Double Barrel Taco purchased 10 South Park to expand into. 2021 Q3 2022 Q3 %+- VELOCITY (Source – MLS......

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Mesa County Q3 2022 Market Update

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PUBLIC POLICY CHANGES Mesa County – Measure 1A: A measure to allow for the expansion of the county’s capital fund for the purposes of using it to help refund revenues that exceed the TABOR limit to Mesa County residents. Grand Junction Measure 2A: A measure to increase lodging taxes by 1% with the funds going......

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Delta County Market Update Q2 2022

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City of Delta bought the historic Armory downtown building for their new Police Department. Asbestos removal is undergoing. The City of Delta along with the County purchased the former City Market 21,000 + building to renovate and relocate the downtown library. The current library building will then be the home of the Delta County’s Sherriff’s......

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Breckenridge Market Update Q2 2022

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We have moved from a Seller’s market to a balanced market in residential real estate. Commercial real estate has not changed with low vacancy rates and stable cap rates. Breckenridge has less than a 1/2 of 1% vacancy rate in restaurant and retail space. 2021 Q2 2022 Q2 %+- VELOCITY (Source – Land Title Guarantee......

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Montrose Market Update Q2 2022

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Old Russell Strover retail was purchased by Home Loan bank for bank and Enstrom’s Candies. City of Montrose purchased the downtown Wells Fargo branch for new city hall. Montrose Memorial Hospital has a property under contact to expand. 2021 Q2 2022 Q2 %+- VELOCITY (Source – MLS ) Commercial Sales Volume $ 17,127,020 $ 18,651,500......

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Chaffee County Market Update Q2 2022

first colorado land office

Chaffee County continues to see a strong housing market. Commercial Real Estate sales volume of $13,092,500, with 15 transactions (YTD) through the second quarter of 2022, down by 29.9% compared to 2021 having $18,689,250 in sales volume consisting of 28 transactions. Residential Real Estate sales volume through the second quarter of 2022 up 12.3%, totaling......

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