Check out the housing market in Telluride, CO 81435 (July 26, 2023)
Check out the market in Telluride, CO 81435
THIS WEEK'S TELLURIDE REAL ESTATE MARKET SENTIMENT! This week the median list price for Telluride, CO 81435 is $7,975,000 with the market action index hovering around 24. This is about the same as last month's market action index of 24. Inventory has increased to 69.
Telluride Real Estate: Market Action Index
This answers “How’s the Market?” by comparing the rate of sales versus inventory.
Slight Buyer's Advantage
The Telluride market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Telluride Market Action Index for changes as it can be a leading indicator for price changes.
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 value placed on Telluride homes continues to increase, despite the fact that prices in general have been basically flat recently. These conditions can arise when inventory is light and smaller Telluride homes have more influence on overall prices.
Telluride Real Estate: Properties with Price Decrease
Telluride Real Estate: Properties with Price Increase
Telluride Real Estate: Relisted
Telluride Real Estate: Inventory
Telluride home sales have begun exceeding new inventory. This is a Telluride buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Telluride seller’s zone, we may see upward pressure on pricing.
Telluride Real Estate: Market Action Index
The Telluride market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
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 July 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!
July_26_2023_-_Check_out_the_market_in_Telluride_CO_81435_-_Houses_.pdf
Thank you for choosing to follow the Mountain Rose Realty blog for all your Telluride news and updates! We are thrilled to be your trusted source for the latest happenings in this breathtaking mountain town.
As we embark on this journey together, we promise to keep you informed about the vibrant community, exciting events, and real estate trends that shape Telluride's unique character. Whether you're a local resident or a passionate traveler, our blog will be your window into the heart of this picturesque destination.
Stay tuned for captivating stories, insightful market analysis, and insider tips that will enhance your Telluride experience. Our team of dedicated professionals is committed to delivering engaging content that will fuel your curiosity and keep you connected to the beauty and charm of this mountain paradise.
Don't miss a single post! Make sure to subscribe to our newsletter and follow us on social media to be the first to know about our latest articles and exclusive updates. Feel free to share our content with fellow Telluride enthusiasts, and let's create a vibrant community of like-minded individuals who appreciate the wonders of this enchanting mountain town.
Thank you for being a part of the Mountain Rose Realty blog family. Together, let's discover all that Telluride has to offer and make unforgettable memories in this picturesque haven!
Phone(970) 759-4886 Email[email protected] |
Address
Anne-Britt Ostlund | Mountain Rose Realty |
Post a Comment