Telluride Real Estate Condo Insights - December 12, 2023

As we delve into the ever-evolving landscape of Telluride real estate, the current pulse of the market reveals intriguing insights.

This week's median list price for properties in the picturesque 81435 area is $1,960,000, providing potential buyers with a snapshot of the market's health. The market action index, a key indicator, hovers around 27, reflecting a slight shift from last month's index of 31. An uptick in inventory, now at 42, suggests a nuanced dance between supply and demand.

Key Metrics:

  • Median List Price: $1,960,000
  • Median Price of New Listings: $1,815,000
  • Price Per Square Foot: $1,700
  • Average Days on Market: 139
  • Median Days on Market: 112
  • Price Decreased: 12%
  • Price Increased: 0%
  • Relisted: 0%
  • Inventory: 42
  • Median Rent: $6,500
  • Market Action: 27

Market Analysis:

The current statistics suggest a nuanced scenario, leaning slightly in favor of buyers. With a market action index of 27, there is a modest buyer's advantage, presenting an opportune moment for those considering a move into the Telluride real estate scene.

Connect with Telluride Real Estate Expert Anne-Britt Ostlund:

Navigating the dynamic Telluride real estate market demands local expertise. For personalized insights and guidance tailored to your unique needs, consider partnering with Anne-Britt Ostlund, a seasoned professional at Mountain Rose Realty. With a commitment to client success, Anne-Britt brings a wealth of knowledge to help you make informed decisions in this captivating market.

Ready to Explore Telluride Homes for Sale?

Whether you're eyeing Telluride homes for sale or seeking the perfect condo, Anne-Britt Ostlund and the Mountain Rose Realty team are here to assist. Don't miss out on crucial updates and market shifts – subscribe to our Mountain Rose Realty blogs. Stay informed, stay empowered, and make your next move with confidence.

Your Journey Starts Here:

Ready to embark on your Telluride real estate journey? Connect with Anne-Britt Ostlund today and discover the captivating opportunities that await in Telluride, CO. Your dream home is just a conversation away.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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

Post a Comment