Navigating the Telluride Real Estate Condo Market: Insights from Mountain Rose Realty

Are you considering a move to the breathtaking town of Telluride, Colorado? Or perhaps you're already a resident looking to buy or sell property in this picturesque mountain paradise? Either way, staying informed about the local real estate market is key to making sound decisions. In this week's market update, Anne-Britt Ostlund of Mountain Rose Realty provides valuable insights into the current state of the Telluride real estate market for the week of April 12, 2024.

Competitive Landscape
With a 5.14 Months Supply of Inventory, Telluride's real estate market continues to be competitive for both buyers and sellers. Over the past 12 months, we've witnessed a 32.9% decrease in inventory, indicating high demand in this sought-after locale.

Market Performance
One notable indicator is the List to Sold Price percentage, which stands at a robust 93.7%. This figure demonstrates that properties in Telluride are selling close to their list price, highlighting the market's resilience and strength.

Timing and Pricing
While the median days on market have slightly increased to 226 days, it's important to note that this is still within a reasonable range for Telluride's luxury market. Moreover, with a median sold price of $4,375,000, it's evident that Telluride's real estate market reflects its high-end nature.

Expert Guidance
Whether you're a prospective buyer or seller, understanding these market dynamics is crucial. That's where a knowledgeable REALTOR® like Anne-Britt Ostlund comes in. With her expertise and dedication to client satisfaction, she can guide you through every step of the real estate process in Telluride.

Connect with Mountain Rose Realty
If you're considering a move or have any questions about the Telluride real estate market, don't hesitate to reach out to Anne-Britt Ostlund and the team at Mountain Rose Realty. Their personalized service and deep understanding of the local market ensure that you'll receive the guidance you need to achieve your real estate goals.

As you navigate the competitive Telluride real estate market, remember that staying informed is key. By partnering with a trusted REALTOR® and keeping abreast of market trends, you can make informed decisions that align with your objectives. Whether you're searching for your dream home or looking to sell your property, Mountain Rose Realty is here to support you every step of the way.

Stay Tuned
Be sure to stay tuned for more updates and tips on navigating the Telluride real estate market. With Mountain Rose Realty by your side, you'll be well-equipped to embark on your real estate journey with confidence.

Until next time, happy house hunting!

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Phone(970) 759-4886

Email[email protected]

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

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