THIS WEEK'S TELLURIDE REAL ESTATE MARKET SENTIMENT! This week the median list price for Telluride, CO 81435 is $1,995,000 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has increased to 47.

Telluride Real Estate: Market Action Index

This answers “How’s the Market?” by comparing the rate of sales versus inventory.

Slight Buyer's Advantage

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse. 

Telluride Real Estate: Median List Price

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

Telluride Real Estate: Average Days on Market (DOM)

Telluride Real Estate: Median Days on Market

Telluride Real Estate: Price Per Square Foot

In a market where prices are rising fairly consistently, price per square foot is essentially flat. This often implies that new homes coming on the market are pricier, and also larger than older homes. As a result the value one can buy stays the same.

Telluride Real Estate: Properties with Price Decrease

Telluride Real Estate: Properties with Price Increase

Telluride Real Estate: Relisted

Telluride Real Estate: Inventory

Telluride Real Estate: Market Action Index

Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer's market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Telluride Real Estate: Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Download our free Telluride Market Report by clicking here or on the photo below and get up-to-date information on current trends and projections!

Check_out_the_market_in_Telluride_CO_81435_-_Condo_June_20_2023.pdf

Bottomline

Are you looking to invest in Telluride this June 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!