1 minute read
for new horizons
Boasting some of Colorado’s most stunning scenery and surrounded by 13,000- to 14,000-foot peaks, Telluride is off the beaten path in the San Juan Mountains and offers historical buildings that speak to its mining heritage in the 1800s. With a year-round population of just 2,600 residents, Telluride is an escape from fast-paced city life and offers outdoor recreation and a charming pedestrian-friendly downtown.
After red-hot real estate sales volume in 20202021, San Miguel County saw some stabilization in 2022. The average sale price throughout the County continues to climb, up 19.8% to $3.05 million. However, the overall sales volume dipped 22% which reflected the decrease in inventory.
Properties in the Town of Telluride had an average price per square foot of $1,841, up almost 18% from 2021. The average sale price in the Town of Telluride was $2.89 million, an increase of 8% from the previous year. Mountain Village remains a desirable area for buyers, with an average sale price of $3.8 million, a healthy 40% increase over the prior year. The average price per square foot was $1,266, up 41.8% from $893 in 2021.
Telluride offers the combination of stunning vistas, access to recreation, and an historic downtown district which proves to be desirable for buyers looking for luxury in remote southwestern Colorado.
San Miguel County
Based on Information from flexmls/Telluride Association of Realtors®. This representation is based in whole or in part on data supplied by flexmls/Telluride Association of Realtors®. flexmls/Telluride Association of Realtors does not guarantee nor is in any way responsible for its accuracy. Data maintained by flexmls/Telluride Association of Realtors may not reflect all real estate activity in the market.
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