Telluride Luxury Market Digital Report for February 2024

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Presented by Mountain Rose Realty and Anne-Britt Ostlund

Welcome to the Telluride Luxury Market Digital Report for February 2024, brought to you by Mountain Rose Realty. In this report, we delve into the trends and statistics shaping the Telluride luxury real estate market, providing valuable insights for buyers and sellers alike.

TELLURIDE SINGLE FAMILY HOMES MARKET SUMMARY | JANUARY 2024

  1. The Telluride single-family luxury market remains a Buyer's Market with a 9% Sales Ratio.
  2. Homes sold for a median of 96.18% of list price in January 2024.
  3. The most active price band is $1,500,000-$1,999,999, boasting a sales ratio of 29%.
  4. The median luxury sales price for single-family homes stands at $6,297,500.
  5. Median days on market for January 2024 was 104 days, down from 122 in January 2023.

TELLURIDE ATTACHED FAMILY HOMES MARKET SUMMARY | JANUARY 2024

  1. Total inventory in January was 37, with no recorded sales.

As we embark on 2024, the luxury real estate market stands at a fascinating juncture. Despite previous stagnation, the last quarter of 2023 witnessed a shift, indicating increased confidence with rising inventory and sales. The question now is whether this trend will persist, shaping the upcoming spring market.

We explore the catalysts of change driving this momentum, considering the roles of technology, sustainability, and global economic influences. Moreover, we analyze local market variations to anticipate behavior patterns and affluent strategies.

In 2024, opportunity abounds, but strategic decision-making is crucial. For homeowners navigating this market, partnering with a knowledgeable REALTOR like Anne-Britt Ostlund is paramount. With expertise in the local market and a commitment to leveraging technology for maximum exposure, Anne-Britt ensures a secure and successful transaction.

In a market where others may lower their expectations, now is the time to seize opportunities and achieve your goals with precision and confidence.

For more information or assistance with your luxury real estate needs in Telluride, contact Mountain Rose Realty today.

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Address Anne-Britt Ostlund | Mountain Rose Realty
ER.40037299
Mountain Rose Realty
220 East Colorado Avenue Suite 210
Telluride, CO 81435

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