Check out the housing 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 $7,999,000 with the market action index hovering around 24. This is less than last month's market action index of 25. Inventory has increased to 51.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
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!