Check out the housing market in Telluride, CO 81435 (October 13, 2023)
This week the median list price for Telluride, CO 81435 is $8,500,000 with the market action index hovering around 24. This is about the same as last month's market action index of 24. Inventory has decreased to 61.
Telluride Real Estate: Market Action Index
This answers “How’s the Market?” by comparing the rate of sales versus inventory.
Slight Buyer's Advantage
The Telluride market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
Telluride Real Estate: Median List Price
Again this week we see prices in Telluride remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.
When exploring the Telluride real estate market, one can't help but be captivated by the allure of the properties available. With a median list price of $8,500,000, Telluride offers some of the most luxurious and sought-after homes in the region. If you're considering a property purchase in this stunning mountain town, Mountain Rose Realty can guide you through the options available in this exclusive market.
Telluride Real Estate: Average Days on Market (DOM)
The average and median days on the market provide valuable insights into the pace of the Telluride real estate market. With an average of 253 days, the market demonstrates the importance of patience in buying or selling properties in this unique locale. Anne-Britt Ostlund and Mountain Rose Realty offer expert guidance to navigate this market and help you seize the right opportunity when it arises.
Telluride Real Estate: Median Days on Market
Telluride Real Estate: Price Per Square Foot
The Telluride market plateau is seen across the price and value. The Telluride price per square foot and median list price have both been reasonably stagnant. Watch the Telluride Market Action Index for persistent changes as a leading indicator before the market moves from these levels.
Telluride Real Estate: Properties with Price Decrease
Understanding the trends in price fluctuations and relisting rates is crucial for informed decision-making. The fact that prices have decreased by 43% indicates a willingness among sellers to negotiate, offering potential buyers an advantageous position. Anne-Britt Ostlund and Mountain Rose Realty can help you leverage these trends to secure the best deals in Telluride homes for sale. The 2% relisting rate implies the importance of working with a real estate professional who has the inside track on the Telluride market.
Telluride Real Estate: Properties with Price Increase
Telluride Real Estate: Relisted
Telluride Real Estate: Inventory
With an inventory of 61 properties, Telluride continues to offer a diverse range of homes, from charming mountain cabins to grand estates. If you're seeking homes for sale in Telluride, collaborating with Anne-Britt Ostlund ensures you'll have access to a comprehensive inventory and valuable insights to find the perfect match for your unique preferences.
Telluride Real Estate: Market Action Index
The Telluride market has shown some evidence of slowing recently. Both Telluride prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
With a market action index of 24, Telluride's real estate market provides a competitive environment. Anne-Britt Ostlund can assist you in navigating this dynamic landscape to make strategic decisions for your real estate investments.
Telluride Real Estate: Market Segments
Each segment below represents approximately 25% of the market ordered by price.
The Telluride real estate market is a unique blend of luxury, natural beauty, and investment potential. To fully explore the opportunities in Telluride homes for sale, you need a knowledgeable, local partner. Anne-Britt Ostlund and Mountain Rose Realty are your trusted resources for unlocking the doors to this exclusive market. Whether you're seeking your dream mountain home or a smart real estate investment, they have the expertise to guide you every step of the way. Don't miss the chance to experience the magic of Telluride – contact Mountain Rose Realty today.
Are you looking to invest in Telluride this October 2023? Be sure to check with Anne-Britt of Mountain Rose Realty. With her expertise and knowledge about the local market, she can help you find the perfect property for your needs - whether it’s a vacation home or an investment that will increase in value long term! Don't wait any longer; contact Anne-Britt today and get started on finding your dream home in beautiful Telluride, Colorado!