Market Update

Mesa County Q1 2025 Market Update Report

Bray Commercial Real Estate logo, representing real estate development and commercial properties in Colorado Springs.

PUBLIC POLICY CHANGES City of Grand Junction 2A: a vote on if the municipal vote should be moved to November on odd numbered years, beginning with 2027: 66.67% yes/33.33% no City of Grand Junction 2B: a vote to raise the salary of city council and to provide a basis for the raise of salary for......

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Alamosa / San Luis Valley Q1 2025 Market Update Report

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Commercial activity in Alamosa and the surrounding San Luis Valley is largely stagnant, with a few things happening including two hotel builds (one in downtown Alamosa and one in Monte Vista near the fairgrounds), and an ENT credit union breaking ground near the Wal-Mart. Residential construction and development continues as the city attempts to catch......

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Breckenridge Q1 2025 Market Update Report

Recentric Real Estate logo, representing a real estate agency involved in property transactions and market analysis.

PUBLIC POLICY CHANGES Breckenridge’s new energy efficiency building codes will require builders and commercial properties to improve energy efficiency, including better insulation and preparing homes for future electric upgrades. These rules should make it easier to follow energy laws, but may increase costs, especially for electrical upgrades. Summit County is developing a waitlist for short-term......

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Delta County Q1 2025 Market Update Report

Grand Mesa Real Estate

City of Delta was awarded over $13 Million for Main Street Beautification program, geared to calming traffic down. Lots of controversy, upset commercial owners with parking being removed. City of Delta is also buying a building with grant funds to run a “resting place” for the homeless. Also creating a lot of controversy and complaints.......

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Montrose Q1 2025 Market Update Report

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.

The real estate market in Montrose has been off in all areas except residential where average home prices are typically less than $500K. But a lot of folks are still really interested in the area. Montrose has been overly flat. There has been a lot of hesitancy on the political and economic fronts. There is......

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Steamboat Springs Q1 2025 Market Update Report

steamboat springs q2 market update, thegroup white

The demand for commercial real estate in Steamboat Springs remains robust. Despite higher interest rates impacting transaction volume, the limited supply, particularly in industrial land and retail/multi-family development sites—continues to support elevated property values. CAP rates remain low to moderate, depending on asset class and location, with prices still hovering near all-time highs. Historically, Steamboat’s......

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Colorado Springs / El Paso County Q1 2025 Market Update Report

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PUBLIC POLICY While Colorado Springs relies heavily on government sectors, its concentration in missile defense and space technology has largely remained untouched by DOGE. Moreover, numerous mid-sized private enterprises engaged in government contracts are confident about continued growth and expanding opportunities in the region and beyond. After a decade-long ban, Colorado Springs ballot measures passed......

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Delta County Q4 2024 Market Update Report

Grand Mesa Real Estate

City of Delta’s Downtown Development Association is actively working on improving downtown. The City was awarded over $13M to do improvements to Main Street. A retail/flex project is under construction on Stafford & Crawford in Delta. There will be two 12,240 sq.ft. bldgs divisible to 2,040 sq.ft. with ground roll up doors in back. City......

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Mesa County Q4 2024 Market Update Report

Bray Commercial Real Estate logo, representing real estate development and commercial properties in Colorado Springs.

PUBLIC POLICY CHANGES Mesa County Valley School District 41 Board of Education voted to close three elementary schools, citing low enrollment and poor building conditions and safety concerns: Nisley, Scenic, and Clifton Elementary Schools. Mesa County Valley School District 51 Ballot Issue 4A: Shall District debt be increased to renovate Fruita Monument High School and......

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Breckenridge Q4 2024 Market Update Report

Recentric Real Estate logo, representing a real estate agency involved in property transactions and market analysis.

PUBLIC POLICY CHANGES Summit county is updating the comprehensive plan which will provide direction on land use, development and environmental preservation for the next 20 years. Summit County is auditing STR websites and issuing fines to property owners that do not have valid licenses. They have passed an ordinance that requires permit numbers to be......

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