Navigating the Telluride Condo Market: Insights from Mountain Rose Realty

Are you considering investing in Telluride real estate? Curious about the current market trends and what they mean for potential buyers? Look no further—Mountain Rose Realty is here to provide you with the latest updates and insights into the Telluride condo market.

Market Snapshot

This week, the median list price for Telluride, CO 81435 stands at $2,295,000, with the market action index hovering around 26. Compared to last month, there has been a slight increase in the market action index from 25, indicating a slightly more active market. Currently, there are 51 condos available on the market, offering buyers a range of options to explore.

Slight Buyer's Advantage

With home sales beginning to exceed new inventory, the Telluride condo market is currently in a slight buyer's advantage. In this type of market, prices are not yet experiencing significant upward movement as excess inventory is gradually consumed. However, if this trend continues and the market transitions into the seller's zone, we may start to see upward pressure on pricing.

Key Market Metrics

  1. Median List Price: $2,295,000
  2. Median Price of New Listings: $3,150,000
  3. Per Square Foot: $1,789
  4. Average Days on Market: 134
  5. Median Days on Market: 105
  6. Price Decreased: 20%
  7. Price Increased: 0%
  8. Relisted: 2%
  9. Median Rent: $6,500
  10. Market Action: 26

Partner with Mountain Rose Realty

As you navigate the Telluride condo market, trust Mountain Rose Realty to be your guide. Led by experienced realtor Anne-Britt Ostlund, our team is dedicated to helping you find the perfect condo to suit your needs and preferences. Whether you're searching for a cozy vacation retreat or an investment property, we have the expertise and resources to assist you every step of the way.

Stay Informed, Make Informed Decisions

Stay informed about the ever-evolving Telluride real estate market by following our blog for regular updates and insights. At Mountain Rose Realty, we believe that knowledge is power, and we're committed to empowering our clients to make informed decisions about their real estate investments. Contact us today to learn more about available condos for sale in Telluride and start your journey towards finding your dream home in this picturesque mountain town.

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Phone(970) 759-4886

Email[email protected]

Address Anne-Britt Ostlund | Mountain Rose Realty
Mountain Rose Realty
220 East Colorado Avenue Suite 210
Telluride, CO 81435

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