MONTROSE, DELTA & OURAY COUNTIES - COLORADO - REAL ESTATE
Opportunities for Buyers in a More Balanced Market
As new listings to the market begin to plateau, pending sales continue their rise with buyers (albeit a bit later in the season than historical norms) absorbing inventory at a steady pace throughout the area.
Unit sales continue to lag last year (down 4%) while dollar volume is lower by 22%. These numbers should balance out as we end the year as inventory levels are down 7% compared to 2024. Summer activity was relatively quiet in June and early July but picked-up momentum through August and we anticipate strong activity before the winter season.
Positive news for homebuyers is that home price appreciation has slowed down from the run-up of a few years ago and there is anticipation of a rate cut this month which should lower interest rates for those financing to purchase. Overall, these factors should contribute to a more balanced market and create additional activity.
Although we still have a few formal weeks of summer remaining, we can’t wait for the 25/26 winter season to commence. Enjoy the transition from summer to fall, it’s a spectacular time here in the valley and throughout the Rocky Mountain region!
Statistics are provided by the Colorado Real Estate Network and calculated by area. Call me for information on statistics that are specific to your neighborhood. I also have monthly and quarterly market trend reports that I can schedule you to receive so please let me know if you have an interest in receiving this type of information monthly.
LOCAL EVENTS
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September 23rd
Join us on September 23 at 6:15 PM for the New York International Children’s Film Fest on Tour: ¡Hola Cine! Enjoy a curated selection of Latinx short films from around the world, celebrating family, perseverance, and magic. Doors open at 6:00 PM, and tickets are just $8 online. Settle in for an inspiring evening of storytelling that connects cultures and sparks imagination. Don’t miss this chance to experience the richness of Latinx cinema—see you there!
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September 26th - 28th
Experience the best of small-town Americana at the Mountain Harvest Festival in Paonia! Enjoy live Colorado music, explore local arts and crafts, and join fun activities like the Great Chili Cookoff, Farm Tours, and a Pub Crawl. Best of all, all music performances are free! Support local farms, artists, and community spirit—mark your calendar for this annual celebration organized by the North Fork Valley Creative Coalition. Who's ready for a weekend of fun, food, and great music?
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September 27th
Join us on September 27th from 1-5pm for Montrose Oktoberfest! Celebrate 20 years of regional brews, live music featuring Cousin Curtiss and Black Canyon Boys, a lively marketplace, and delicious food trucks. Enjoy fun games like costume contests and stein hoisting while supporting All Points Transit. Who's your favorite brewery?
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October 3rd - 5th
Mark your calendars for October 3-5! Cedaredge Applefest is back, celebrating local businesses, artisans, and orchards. Enjoy live music, a 5 Alarm Chili Cookoff, antique car & motorcycle shows, a 5K run, and more! With over 200 vendors and 30,000+ attendees each year, it’s a must-attend community event full of flavor and fun. Who’s ready to experience the best of Cedaredge?
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May - October
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October 24th-26th
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November 13th
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November 29th
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December 6th
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December 6th - 7th
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