THIS WEEK'S TELLURIDE REAL ESTATE MARKET SENTIMENT! This week the median list price for Telluride, CO 81435 is $8,625,000 with the market action index hovering around 25. This is an increase over last month's market action index of 24. Inventory has held steady at or around 66.

Telluride Real Estate: Market Action Index

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

Slight Buyer's Advantage

Telluride Home sales have begun exceeding new inventory. This is a 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 Seller’s zone, we may see upward pressure on pricing on Telluride Homes.

Telluride Real Estate: Median List Price

Again this week we see prices in Telluride 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 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

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 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 September 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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