Telluride Quarterly Market Report

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MIDYEAR 2023

Quarterly Market Report

TELLURIDE, COLORADO

Telluride
Median Sold Price $2,800,000 41.8% Properties Sold 91 -38.5% Average Days on Market 142 25.7% Average Price per Sq. Ft. $1,431 5.7% Jan - June 2023 % Change Telluride and Mountain Village YTD 2022 vs 2023
AT A GLANCE

$324,404,274 Total Sales Volume - 25.5% 2022 vs 2023 % Change

$13,400,000 Highest Sold Price

January - June 2023 | 3 Based on information from flexmls/Telluride Association of Realtors®. This representation is based in whole or in part on data supplied by Telluride Association of Realtors®. Telluride Association of Realtors® does not guarantee nor is in any way responsible for its accuracy. Data maintained by Telluride Association of Realtors® may not reflect all real estate activity in the market. July 2022 - June 2023 AVERAGE DAYS ON MARKET Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May 185 94 78 70 112 198 76 155 79 127 175 128 July 2022 - June 2023 TOTAL SALES VOLUME Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May $30M $45M $60M $75M $34M $62M $70M $65M $65M $28M $30M $67M $68M $63M $40M July 2022 - June 2023 MEDIAN SOLD PRICE Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May $1.0M $1.5M $2.0M $2.5M $3.0M
Data based on sales in Telluride and Mountain Village, all residential properties.
$90M $97M

Telluride

The Town of Telluride showcases Colorado’s beauty unlike any other town. Nestled in a box canyon within the San Juan Mountains, the expansive wilderness, open space, and recreation make this a destination worth exploring. The town is a menagerie of colorful Victorian homes, restaurants, shops, art galleries, and historic buildings. Skiing, hiking, and biking are all popular activities yearround. Telluride is also known for its festivals, ranging from food and drink to music and film.

January - June 2023 | 5 Town of Telluride 39 $1,925,000 146 Mountain Village 52 $3,097,500 140 *Surrounding Mesas 5 $3,522,500 175 Norwood 17 $324,800 30 Ridgway: Ouray County 13 $950,000 254 Properties Sold Median Sold Price Average Days on Market *Deep Creek Mesa, Hastings Mesa, Iron Springs/Horsefly Mesa, Specie Mesa, Sunshine Mesa, Turkey Creek Mesa, Wilson Mesa Data based on sales in Telluride and Mountain Village, all residential properties.

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© 2023 LIV Sotheby’s International Realty. All Rights Reserved. LIV Sotheby’s International Realty® is a registered trademark and used with permission. Each Sotheby’s International Realty office is independently owned and operated, except those operated by Sotheby’s International Realty, Inc. This material is based upon information which we consider reliable but because it has been supplied by third parties, we cannot represent that it is accurate or complete and it should not be relied upon as such. If your property is listed with a real estate broker, please disregard. It is not our intention to solicit the offerings of other real estate brokers. We are happy to work with them and cooperate fully. Equal Housing Opportunity.

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