March 2026
Gunnison County experienced a notable surge in single-family home prices, with both average and median closed prices climbing significantly month-over-month and year-over-year. Most strikingly, the average sold price jumped 60% from last month’s $1,159,000—highlighting strong upward momentum in the market.
Buyer activity also picked up, with demand rising 40% compared to February and up 16.7% year-over-year. Inventory held steady at 227 active properties in March, alongside 45 new listings—an increase from 40 the previous month. Homes spent an average of 127 days on the market, marking a 10% increase compared to this time last year.
Key highlights are below:
Supply – Active Listings
Active listings saw a slight month-over-month increase of 0.4% and were up 22.0% compared to last year’s 186 properties, offering buyers more options than we’ve seen in recent months.
New Listings
New listings rose 12.5% from February, continuing a gradual upward trend. This time last year, the market saw 42 new listings, indicating steady year-over-year growth.
Demand – Pending Listings
Pending activity surged, with a 40.0% increase from last month when 25 properties went under contract—another clear sign of strengthening buyer demand.
Months Supply of Listings
March recorded 7.1 months of inventory, a slight 1.4% decrease from February. For comparison, March 2025 saw a tighter market with 5.6 months of supply.
Percent of Closed Price to List Price
The sale-to-list price ratio dipped slightly by 2.4% month-over-month. At this time last year, sellers were achieving an average of 96.7% of their asking price.
Click here to read on the January 2026 – Market Trends
Click here to read on the February 2026 – Market Trends
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