Market data released in mid-October 2026 revealed a substantial reduction in active short-term rental listings in Pagosa Springs. The number of listings stood at 802 as of September 2026, representing a 54.6% decrease from the prior year.[1]
Occupancy and Revenue Trends
Average occupancy reached 48%, a 1.6% decline year over year, while average daily rates rose 2.5% to $267. Trailing twelve-month revenue per listing increased 53% to $40,800 despite the supply contraction.[1]
Long-Term Rental Market
Separate reports on conventional rentals indicated relative stability. The average rent across property types measured approximately $2,050 as of late October 2026, with month-over-month gains of $50 and year-over-year changes near zero or slightly negative depending on the data source.[2]
Available long-term rental inventory hovered around 76 units during the period.[2]