The Telluride Real Estate Market: A Snapshot of This Week's Housing Sentiment

As the seasons change and the crisp mountain air fills the picturesque town of Telluride, Colorado, the real estate market continues to evolve. This week's housing sentiment provides valuable insights into the current state of Telluride real estate, offering both buyers and sellers a glimpse into market dynamics and trends.

Market Overview

At present, the median list price for properties in Telluride, CO 81435 stands at $8,750,000, with the market action index hovering around 26. This marks a slight increase compared to last month's market action index of 25, indicating a moderate shift in market dynamics. Despite this uptick, inventory levels have remained relatively steady at or around 59, providing buyers with a range of options to explore.

Buyer's Advantage

For several weeks, home sales have outpaced new inventory, creating a slight buyer's advantage in the Telluride real estate market. In this scenario, prices are not yet experiencing significant upward movement as excess inventory is absorbed. However, as supply and demand trends persist, there is a likelihood of the market transitioning into the seller's zone, potentially leading to upward pressure on pricing in the future.

Key Statistics

  1. Median List Price: $8,750,000
  2. Median Price of New Listings: $7,997,000
  3. Price Per Square Foot: $1,736
  4. Average Days on Market: 255
  5. Median Days on Market: 203
  6. Price Decreased: 24%
  7. Price Increased: 2%
  8. Relisted: 0%
  9. Inventory: 59
  10. Median Rent: $20,000
  11. Market Action: 26

Partner with Mountain Rose Realty

As you navigate the Telluride real estate market, it's essential to have a trusted partner by your side. Led by the experienced Anne-Britt Ostlund, Mountain Rose Realty is your dedicated guide to finding the perfect Telluride home for sale. Whether you're searching for a cozy mountain retreat or a luxurious property with breathtaking views, our team is here to assist you every step of the way.

Unlock Your Telluride Dream

Don't miss out on the opportunity to make Telluride your home. With the market showing signs of activity and opportunity, now is the perfect time to explore available properties and take the next step towards realizing your Telluride dream. Contact Mountain Rose Realty today to begin your journey to owning a piece of Telluride's unparalleled beauty and charm.

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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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