Check out the condo market in Telluride, CO 81435 (October 4, 2023)

This week the median list price for Telluride, CO 81435 is $2,150,000 with the market action index hovering around 35. This is less than last month's market action index of 36. Inventory has increased to 41.

Telluride Real Estate: Market Action Index

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

 

Slight Seller's Advantage

In the last few weeks the Telluride market has achieved a relative stasis point in terms of sales to inventory. However, Telluride  inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Telluride Real Estate: Median List Price

We continue to see prices in Telluride bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels. 

Telluride Real Estate: Average Days on Market (DOM)

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 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

Telluride Real Estate: Properties with Price Increase

Telluride Real Estate: Relisted

Telluride Real Estate: Inventory

Telluride Real Estate: Market Action Index

In the last few weeks the Telluride market has achieved a relative stasis point in terms of sales to inventory. However, Telluride inventory is sufficiently low to keep us in the Telluride Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Telluride Real Estate: Market Segments

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


Telluride Real Estate: Bottomline

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!

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Phone(970) 759-4886

Email[email protected]

Address Anne-Britt Ostlund | Mountain Rose Realty
ER.40037299
Mountain Rose Realty
220 East Colorado Avenue Suite 210
Telluride, CO 81435

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