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sign is posted on an existing home for sale. (The Associated Press)
Charles Krupa
According to the Realtors board, the local housing market has remained stable in Montezuma County. The Four Corners Board of Realtors released new market trends showing a modest increase in listings and slightly higher sales prices compared to last year.
"It's been positive so far this year," said Denise Unrein, association executive of Four Corners Board of Realtors. "Prices appear relatively stable."
New listings increased by 4.7% from last year, with 290 homes listed this year compared to 277 in 2024. The number of homes sold remained fairly stable, with a slight increase of 1.3%, or 151 homes sold in 2024 versus 153 in June of this year.
The median sales price rose by 8% to $378,000, while average sales prices increased by 7.5% to $431,000. Over 96% of listed prices were met, with a slight decrease of 0.9% from the previous year.
Homes typically sat on the market for around 115 days in June, awaiting a sale. The inventory of homes for sale increased by 12.7%, from 165 units in June 2024 to 186 units in June 2025.
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