Gunnison County experienced a notable decline in both the average and median closed prices for single-family homes when analyzed month-over-month (MoM) and year-over-year (YoY). The median sold price for single-family homes dropped significantly—down 68% from the $2,371,000 recorded just last month.
Demand, however, showed strong growth. It increased 25% compared to the same time last year and rose 8.7% from the previous month. February ended with 224 active properties on the market and 40 new listings, down from 52 new listings in January. Homes spent an average of 127 days on the market, representing a 27% decrease compared to last month.
Key highlights are outlined below.
Supply – Active Listings
Active listings increased slightly by 3.7% compared to the prior month and were up 28.0% from the 175 active listings recorded at this time last year.
New Listings
New listings declined 23.1% month-over-month. At the same time last year, the market saw 39 new listings.
Demand – Pending Listings
Pending listings rose 8.7% compared to last month, when 23 properties went under contract.
Months Supply of Listings
February recorded 7.1 months of inventory, an increase of 2.9% from the previous month. In February 2025, the market had 5.6 months of supply.
Percent of Closed Price to List Price
The closed-price-to-list-price ratio increased 1.4% compared to last month. At this time last year, sellers were receiving an average of 96.1% of their list price.
Click here to read on the January 2026 – Market Trends
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