Aerial view of Estes Park with Lake Estes and the surrounding peaks
Gerald Mayo

Gerald Mayo · Estes Valley Real Estate

The Mayo Report

Estes Park & the Estes Valley

The most deeply measured small market in America

Market Balance

A descriptive blend of the two inputs below — not an index.

BuyerSeller

Strong buyer's market

8.4 months of inventory · 0.14 under contract per active

Region rollup

269 active
18,793 records in series
Median list · all records$339,900
Median $/sqft · all records$227
Median DOM · all records168 days
Active / Closed269 / 10712
Sale / final list · median, closed97.4%
Sold over list8.9%
Sold under list70.5%
Had a price cut29.1%
Median cut6.3%
Listing success57.9%
Closed DOM p25 / p50 / p7546 / 91 / 195
Months of inventory · all types8.4
Back on market4,039

Data courtesy of IRES as distributed by MLS Grid as of Oct 25, 2026, 7:19 AM MDT

Estes Valley Observations — Wednesday, August 19, 2026

The Mayo Report

Edition: Aug 19, 2026

Latest approved edition: it covers Aug 19, 2026. The figures on this page refresh every 15 minutes.

Closings in the Estes Valley are running behind last year: 3 homes over the past seven days, against 7 in the same week a year ago. On Wednesday, August 19, 2026 itself, 1 home closed and 1 listing came on. 277 listings are active.

Counts from daily aggregates. No cause is inferred, and no individual listing is described. Figures as reported August 20, 2026.

Past editions →

Data courtesy of IRES as distributed by MLS Grid as of Oct 25, 2026, 7:19 AM MDT

Market pages: 80510 · 80515 · 80517 · 80532 · Larimer County · Fort Collins Metro report

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Where the value sits

80510805158051780532
$189K → $369Kinsufficient data80511: no Census boundary published (PO-box ZIP) — see its panel below

Rocky Mountain National Park and Lake Estes outlines are decorative, for orientation only: US Census Bureau TIGERweb (public domain).

Data courtesy of IRES as distributed by MLS Grid as of Oct 25, 2026, 7:19 AM MDT

Year over year

Median sold price, each of the last 12 complete months (Oct 2025 – Sep 2026), against the same month a year earlier.

$400K$500K$600K$700K$800KOctDecFebAprJunAugSep
Last 12 complete months Same month, a year earlierThe current month is left out until it is complete.

Data courtesy of IRES as distributed by MLS Grid as of Oct 25, 2026, 7:19 AM MDT

Seasonality

Peak: June · $340,000. Median sold price by calendar month, pooled across every year held. Bars are relative, not zero-based — this compares months to each other, not to zero.

Data courtesy of IRES as distributed by MLS Grid as of Oct 25, 2026, 7:19 AM MDT

Active inventory mix

By price band, then by property type.

Under $300K
54 · 20.1%
$300K–$500K
52 · 19.3%
$500K–$750K
62 · 23%
$750K–$1M
46 · 17.1%
$1M–$1.5M
29 · 10.8%
$1.5M+
26 · 9.7%
Single Family Residence
95 · 35.3%
Condominium
43 · 16%
Cabin
36 · 13.4%
Unimproved Land
21 · 7.8%
Residential, subtype not given
18 · 6.7%
Land, subtype not given
17 · 6.3%

Data courtesy of IRES as distributed by MLS Grid as of Oct 25, 2026, 7:19 AM MDT

Supply and demand by price band

Region-wide · residential only

Bar is months of inventory — how long the band's active listings would last at the past year's pace of closings. The vertical line marks six months, the conventional balance point: longer favours buyers, shorter favours sellers.

Under $300K12.5 mo
Active24
Closed 12mo23
Median DOM110
Under contract4.2%
Sold over list0.0%
$300K–$500K8.1 mo
Active49
Closed 12mo73
Median DOM73
Under contract20.4%
Sold over list2.7%
$500K–$750K5.9 mo
Active57
Closed 12mo116
Median DOM76
Under contract24.6%
Sold over list5.2%
$750K–$1M7.7 mo
Active41
Closed 12mo64
Median DOM59
Under contract9.8%
Sold over list14.1%
$1M–$1.5M5.4 mo
Active23
Closed 12mo51
Median DOM73
Under contract13.0%
Sold over list2.0%
$1.5M+19.0 mo
Active19
Closed 12mo12
Median DOM73
Under contract15.8%
Sold over list8.3%

Bands are set on each listing's own price — what a closing sold for, what an active listing asks. Residential property only: land and commercial are excluded, since a building lot in the lowest band would move it away from anything a homebuyer would recognise. Published region-wide only — per-ZIP price bands leave too few listings in most cells to report.

Data courtesy of IRES as distributed by MLS Grid as of Oct 25, 2026, 7:19 AM MDT

Estes Park among mountain-resort markets

Source: Zillow ZHVI via Lotvox national database

An editorial peer set of US mountain-resort markets — towns whose housing market is dominated by a destination resort economy, chosen by hand across nine states. It is not derived from the data: this database holds no elevation or resort attribute, and a behavioural definition was tested and rejected.

Price level14th of 17$697,128 typical home value
Appreciation since 201614th of 17+82% over ten years

Estes Park is the value end of this group — about 42% below the cohort's median home value, with 3 of 16 peers cheaper still. Buying into a famous mountain market here costs a fraction of what it costs in the names above it.

Aspen, CO$3.47M
Park City, UT$2.2M
Telluride, CO$2.18M
Jackson, WY$1.96M
Vail, CO$1.89M
Ketchum, ID$1.56M
Incline Village, NV$1.49M
Avon, CO$1.26M
Breckenridge, CO$1.2M
Stowe, VT$1.05M
Frisco, CO$978K
Whitefish, MT$888K
Keystone, CO$835K
Estes Park, CO$697K
South Lake Tahoe, CA$676K
Taos, NM$445K
Lake Placid, NY$422K

Typical home value is the Zillow Home Value Index for each ZIP, as of 2026-06-30. Appreciation is measured over the ten years from 2016-06-30 — the longest window every market in this group shares, since the index begins at different dates in different places. Ranked among the 17 markets listed above and no others.

By ZIP code

80510

Allenspark · Boulder County

21 active
1,032 records in series
Median list · all records$315,000
Median $/sqft · all records$258
Median DOM · all records176 days
Active / Closed21 / 542
Sale / final list · median, closed96.0%
Sold over list6.6%
Sold under list74.5%
Had a price cut29.9%
Median cut8.8%
Listing success53.7%
Closed DOM p25 / p50 / p7553 / 107 / 217
Months of inventory · all types16.8
Back on market248

Too few reportable months to chart a trend — 5 of 24 months clear the 3-sale minimum.

Explore 80510 on Lotvox →

Data courtesy of IRES as distributed by MLS Grid as of Oct 25, 2026, 7:19 AM MDT

80511

Estes Park · Larimer County

0 active
2 records in series

Not enough records to report (2 of 3 minimum). Metrics are withheld rather than estimated.

Back on market0

Too few closings here to report sale-price behaviour. Counts are shown; ratios are withheld.

Too few reportable months to chart a trend — 0 of 2 months clear the 3-sale minimum.

Data courtesy of IRES as distributed by MLS Grid as of Oct 25, 2026, 7:19 AM MDT

80515

Drake · Larimer County

38 active
2,058 records in series
Median list · all records$189,000
Median $/sqft · all records$193
Median DOM · all records165 days
Active / Closed38 / 1150
Sale / final list · median, closed96.5%
Sold over list8.8%
Sold under list70.6%
Had a price cut31.9%
Median cut7.5%
Listing success57.1%
Closed DOM p25 / p50 / p7551 / 96 / 201
Months of inventory · all types13.4
Back on market548
Median sold price · Nov 2024 – Oct 2026 · latest $429,000 · gaps = months with under 3 sales
Explore 80515 on Lotvox →

Data courtesy of IRES as distributed by MLS Grid as of Oct 25, 2026, 7:19 AM MDT

80517

Estes Park · Larimer County

190 active
14,975 records in series
Median list · all records$368,950
Median $/sqft · all records$230
Median DOM · all records168 days
Active / Closed190 / 8639
Sale / final list · median, closed97.6%
Sold over list9.2%
Sold under list70.0%
Had a price cut28.6%
Median cut6.0%
Listing success58.5%
Closed DOM p25 / p50 / p7545 / 89 / 193
Months of inventory · all types7.2
Back on market3,074
Median sold price · Nov 2024 – Oct 2026 · latest $549,500
Explore 80517 on Lotvox →

Data courtesy of IRES as distributed by MLS Grid as of Oct 25, 2026, 7:19 AM MDT

80532

Glen Haven · Larimer County

20 active
726 records in series
Median list · all records$259,800
Median $/sqft · all records$221
Median DOM · all records173 days
Active / Closed20 / 380
Sale / final list · median, closed96.2%
Sold over list7.4%
Sold under list74.5%
Had a price cut30.8%
Median cut7.6%
Listing success53.9%
Closed DOM p25 / p50 / p7551 / 98 / 183
Months of inventory · all types14.1
Back on market169

Too few reportable months to chart a trend — 3 of 24 months clear the 3-sale minimum.

Explore 80532 on Lotvox →

Data courtesy of IRES as distributed by MLS Grid as of Oct 25, 2026, 7:19 AM MDT

County records

Larimer County parcels

Source: Larimer County records via Lotvox

4 of 5 region ZIPs; Allenspark (80510) is Boulder County and is not in the Larimer record.

Owned from out of state25.0%2,383 of 9,539 parcels
Owner mails elsewhere49.6%4,782 of 9,632 parcels
Held in a trust16.0%1,545 parcels · estate planning
Held by an LLC or company15.3%1,473 parcels

Trust-held and company-held are reported separately and are not added together — a household's estate-planning trust is not an investment.

Where out-of-state owners live

TX 595NE 258KS 175CA 131FL 120MO 117IL 103IA 85

2.5% of parcels changed hands in 2025 (246 recorded sales against 9,632 parcels).

Median recorded sale price by quarter, 2020 Q1–2026 Q1; bars are quarterly sale counts. $412,690 in 2020 Q1rising 81% to a $745,000 high in 2022 Q4, and $650,000 in 2025 Q3. Dashed quarters are provisional and excluded from the high: county recording lags, so the newest quarters are incomplete.
County-deed repeat-sales price index · 1992=100+971.0%
1002004008002006 peak2010 trough1992200020052010201520202025

Log scale: equal vertical distance is equal percentage change. Values peaked in 2006, fell 8.0% to a 2010 low, then rose 150% through 2025. 2025 was down 2.4% on the year. 2026 is dashed and provisional — the county is still recording it.

Bailey-Muth-Nourse repeat-sales regression, unweighted. Each observation is one parcel sold twice, so composition cannot move the index — unlike a median sale price. 9,396 of 10,024 resale pairs used; 628 excluded (annualised move outside -30%..+40% excluded as non-market transfer or data error). Series begins 1992: Larimer recording coverage steps up sharply that year (Estes priced deeds 1991=176, 1992=593), so earlier years are not comparable. Repeat-sales indices do not adjust for renovation, so improvement between two sales is counted as appreciation.

How long owners stay · years since purchase

51% of Estes Valley owners are still here ten years after they buy.

0%25%50%75%100%median 10.3 yrs051015202530
Quarter of owners move on by 4.4 yrsHalf by 10.3 yrsThree quarters by 23.8 yrs

Kaplan-Meier. Holds still running are right-censored at today rather than dropped, so an owner who has held 20 years and has not sold still counts. 7,591 of 18,357 holds (41.4%) are still running and are counted this way. Counting only holds that have already ended would put the median at 5.6 years instead of 10.3 — the holds still in progress are disproportionately the long ones. Deeds from 1992 onward; a hold is measured between recorded sales, so an unpriced transfer into a trust does not end one.

Source: Larimer County records via Lotvox. Assessor and recorder data; counts are of parcels, not households. Recording lags mean recent quarters are incomplete.