Market has been softening in all categories expect single family housing less than $500K. Commercial listing has also been weak. Market has been volatile. There are still transactions that are happening, but the market is trend down. Q1 2025 Q1 2026 %+- VELOCITY (Source – MLS and City of Montrose of Sale Data) Commercial Sales…
Market has been softening in all categories expect single family housing less than $500K. Commercial listing has also been weak. Market has been volatile. There are still transactions that are happening, but the market is trend down.
| Q1 2025 | Q1 2026 | %+- | |
| VELOCITY (Source – MLS and City of Montrose of Sale Data) | |||
| Commercial Sales Volume |
$4,637,888 |
$6,167,000 |
32.97% |
| Commercial Transactions | 6 | 7 | 16.67% |
| VACANCY RATE | |||
| CAP RATE | 7% | 8% | 14.29% |
| SALES TAX INDICATORS (Source – MLS and City of Montrose of Sale Data) | |||
| All Sales Tax (YTD thru Nov) |
$6,617,779 |
$6,584,732 |
-.5% |
| Lodging Taxes (YTD thru Nov) |
$166,533 |
$168,486 |
1.17% |
