Teller County Housing Market Trends to Watch for in Early 2026

noah3726
Jan 13
3 min read

The housing market in Teller County is showing signs of change as we head into 2026. December’s data reveals shifts in prices, inventory, and buyer activity that could shape the market in the coming year. Understanding these trends will help homeowners, buyers, and investors make informed decisions. Let’s explore the key insights from the latest market update and what they mean for you.

Eye-level view of a residential street in Teller County with houses and trees in winter — Teller County residential street in winter

December Market Snapshot

December’s numbers provide a clear picture of the current state of the market:

Median Closed Price: $463,000, down 4.5% from last month
New Listings: 19, unchanged from November
Active Listings: 132, down 31.6%
Pending Listings: 29, down 9.4%
Closed Listings: 35, up 29.6%
Average Days on Market: 114, up 58.3%
Price per Square Foot: $261, down 10.9%

These figures highlight a market with fewer homes available and fewer pending sales, but an increase in completed transactions. Homes are taking longer to sell, and prices have dipped slightly.

What Fewer Active Listings Mean

A 31.6% drop in active listings means fewer homes are available for buyers to choose from. This reduction can create a more competitive environment for buyers, especially for well-priced properties. Sellers who list their homes now may face less competition, but they should also be prepared for longer selling times, as indicated by the rise in average days on market.

For buyers, this means acting quickly when a desirable home hits the market. It also suggests that patience may be necessary, as the pace of sales slows down.

The Impact of Longer Days on Market

Homes in Teller County are staying on the market 58.3% longer than before, averaging 114 days. This change could reflect buyers becoming more selective or cautious, possibly waiting for better deals or more favorable financing conditions.

Sellers should consider this when pricing their homes. Overpricing could lead to extended time on the market, while realistic pricing aligned with current trends can attract serious buyers sooner.

Price Trends and What They Indicate

The median closed price dropped by 4.5%, and price per square foot fell by 10.9%. These declines suggest a slight softening in home values. However, the increase in closed sales by 29.6% shows that buyers remain active and willing to close deals.

This combination points to a market where buyers have more negotiating power but are still committed to purchasing. Sellers may need to adjust expectations and be open to offers that reflect current market conditions.

What Pending Listings Tell Us

Pending listings decreased by 9.4%, indicating fewer homes are currently under contract. This could be a sign of slower buyer activity or more cautious decision-making. It also aligns with the longer average days on market, showing that transactions are taking more time to finalize.

Buyers might find more opportunities to negotiate as sellers seek to close deals. Sellers should ensure their homes are in good condition and priced competitively to attract these serious buyers.

Preparing for 2026: Tips for Sellers

Price your home realistically based on recent sales and current market trends.
Enhance curb appeal and staging to make your home stand out in a market with fewer listings.
Be patient and prepared for a longer selling process.
Work with a local agent who understands Teller County’s unique market dynamics.

Preparing for 2026: Tips for Buyers

Act quickly when you find a home that fits your needs, as inventory is limited.
Get pre-approved for financing to strengthen your offer.
Be ready to negotiate on price and terms given the current market softness.
Consider homes that have been on the market longer as sellers may be more motivated.

What This Means for Homeowners

If you own a home in Teller County, these trends affect your property’s value and your options. A slight dip in prices might feel discouraging, but the increase in closed sales shows demand remains. If you’re thinking about selling, now is a good time to evaluate your home’s position in the market and plan accordingly.

For those staying put, understanding these shifts can help you anticipate changes in property taxes, insurance, and neighborhood dynamics.

Looking Ahead: What to Watch in 2026

Inventory levels: Will active listings rebound or continue to decline?
Price movements: Will prices stabilize, drop further, or start rising again?
Buyer activity: Will pending sales increase as confidence returns?
Market speed: Will homes sell faster or continue to take longer?