Avon, Colorado, continues to experience dynamic shifts in its real estate market, influenced by various factors including new developments and changing market conditions. This article provides an overview of current market trends, rental insights, and upcoming housing projects in the area.
Current Market Trends
As of March 2026, the Avon housing market has shown notable changes. The median sale price of homes was $977,000, reflecting a 52.9% decrease compared to the previous year. Homes are spending an average of 281 days on the market, a significant increase from 104 days the prior year. Additionally, the average price per square foot has decreased by 53.9% year-over-year, now standing at $663. These trends suggest a less competitive market, with homes typically selling for about 4% below the list price. Source
Rental Market Insights
The rental market in Avon remains robust. As of March 31, 2026, the average rent is $3,200, which is significantly higher than the national average of $1,910. This indicates a strong demand for rental properties in the area. Source
Upcoming Housing Developments
Several housing projects are underway to address the evolving needs of Avon’s residents:
Bosk Apartments
Located at 400 Crescent Hill Rd, the Bosk Apartments project is anticipated to be completed in 2027. This development will feature three buildings comprising 242 condominium units, offering a mix of studio, one, two, and three-bedroom units. Amenities will include an outdoor pool, hot tub, fitness center, and community room. Source
McGrady Acres
Situated at 86 and 95 Post Boulevard, McGrady Acres is a townhome development consisting of 24 luxury units and a public park. The project spans 3.347 acres and aims to provide upscale housing options for the community. Source
Hidden Valley Estates
Located at 382 Metcalf Rd, Hidden Valley Estates comprises 53 townhome units, all designated as resident-occupied deed-restricted properties. Construction began in the summer of 2025, aiming to offer affordable housing options for local residents. Source
Traer Creek Apartments
Traer Creek Apartments is a significant development featuring three four-story buildings, each housing approximately 80 units, totaling 242 market-rate apartments. The project includes underground parking and amenities such as an outdoor pool and spa. Construction is scheduled to finish in 2026. Source
These developments reflect Avon’s commitment to expanding housing options and accommodating the diverse needs of its growing community.