January 2026 Market Snapshot
The year has started at a slower pace than January 2025, with 142 closed sales and $61.9 million in total sales volume. This represents a decrease of 11.8% in units sold and a 19.3% decrease in volume compared to the same time last year. While activity is down year over year, January 2026 closely mirrors the pace seen in January 2023, suggesting a more moderate start rather than a significant shift in market conditions.
How January 2026 Compares to Previous Years
Compared to January 2023, which recorded 150 sales and $57.6 million in volume, January 2026 shows a 5% decrease in sold units but a 7% increase in overall volume. Although this year began slower than several recent years, the market experienced a similar slow start in early 2024 before activity increased as the year progressed. Historical trends show that early-year performance does not always predict the pace of the spring and summer market.
Inventory and Days on Market Trends
Median days on market rose to 89 days in January 2026, representing an 11% increase compared to January 2025 and a 17% increase from December 2025. Active listings remain relatively stable, hovering near the 600-property mark, with 593 active properties at the end of January. This is an 8% increase from the same time last year and a slight 1% decrease from December, indicating steady inventory levels heading into the new year.
Home Prices Remain Stable
Median home prices have remained relatively stable to start the year, coming in at $392,500 for January 2026. This reflects only a 0.3% decrease from January 2025 and a 3% increase compared to December 2025. The consistency in pricing suggests that while sales activity has slowed, overall home values continue to hold steady in the Mesa County market.
Residential Building Permits and New Energy Code Impact
Residential building permits began the year at a steady pace but are down 25% compared to last January. At the beginning of the month, a new energy code went into effect, which may be influencing the timing of permit activity as builders adjust to updated requirements. This shift may impact construction timelines and new inventory as the year moves forward.
What This Means for Buyers and Sellers in 2026
A slower start to the year can create opportunities for both buyers and sellers. Buyers may see more options and slightly longer decision windows as inventory remains steady, while sellers can benefit from stable pricing and less competition than during peak spring months. As always, local market knowledge and strategy remain key when navigating changing conditions.
Looking Ahead to Spring Market Activity
Seasonal trends often show market activity increasing as spring approaches, and early-year slowdowns are not uncommon. With inventory levels holding steady and pricing remaining stable, the coming months will be important in determining the overall direction of the 2026 housing market. We will continue to monitor activity closely and provide updates as new trends emerge.
Read the Full Bray Report
For additional charts, data, and local market insights, explore the full Bray Report and connect with our team to discuss what current conditions mean for your real estate goals.
