Check out the condo market in Telluride, CO 81435 (May 30, 2023)
THIS WEEK'S TELLURIDE REAL ESTATE MARKET SENTIMENT!
This week the median list price for Telluride, CO 81435 is $1,975,000 with the market action index hovering around 28. This is less than last month's market action index of 31. Inventory has increased to 41.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.
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_May_30_2023.pdf
Phone(970) 759-4886 Email[email protected] |
Address
Anne-Britt Ostlund | Mountain Rose Realty |
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