THIS WEEK'S TELLURIDE REAL ESTATE MARKET SENTIMENT! This week the median list price for Telluride, CO 81435 is $7,994,500 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 52. 

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 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: Median List Price

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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 homes continues to increase, despite the fact that prices in general have remained basically flat. These conditions can arise when inventory is light and more, smaller 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 Real Estate: Market Action Index

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.

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 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!

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!

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