Telluride Real Estate Market Update | April 2021

Page 1

1ST QUARTER REVIEW 2021

TELLURIDE R E A L E STAT E M A R K E T R E P O R T

PRESENT ED BY ANNE- BRI T T OS T L U N D Y O U R TE L LU R I DE S P E CI AL I S T & NE IG H BO R PREPARED ESPECIALLY FOR

Unique, like you!

FUTURE FRIENDS AND NEIGHBORS


ANNE - BRITT OSTLUND Real Estate Advisor, Broker/Owner Your Telluride Neighbor Since 2012

970-759-4886

ab@mountainrose.co www.mountainroserealty.co

If you want to know what your home would sell for in today’s market, contact me today at 970-759-4886.

TELLURIDE

REAL ESTATE MARKET REPORT

TELLURIDE HOMES RECENTLY LISTED (SHOWING 15 OUT OF 20 TOTAL HOMES) Status Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active

Street Name W Galena Avenue W Pacific Avenue Singletree Way Country Club Drive Knoll Estates Drive N Spruce Street Singletree Ridge Road Curtis Drive E Columbia Avenue W Serapio Drive Pennington Place Hood Park Road San Joaquin Road Russell Drive E Columbia Avenue

Beds 2 2 3 4 4 5 6 3 4 6 6 5 6 6 3

Baths 2.0 1.1 3.1 4.1 4.1 3.1 5.1 3.1 3.0 4.2 5.2 4.1 5.1 6.2 2.0

Est. Sq. Ft. 901-1500 900 2501-3000 3001-4000 3001-4000 2001-2500 7000+ 2001-2500 2501-3000 6001-7000 7000+ 7000+ 5001-6000 7000+ 2001-2500

List Price $1,998,000 $2,195,000 $2,550,000 $2,975,000 $2,999,000 $3,375,000 $3,500,000 $3,950,000 $4,050,000 $4,350,000 $4,600,000 $4,995,000 $5,790,000 $5,950,000 $5,999,999

There are 21 homes currently pending.

For more information about any of these homes, contact me today at 970-759-4886.

TELLURIDE HOMES SOLD RECENTLY Status Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

Address 425 E Galena Avenue 112 Cabins Lane 114 Autumn Lane 120 Aldasoro Boulevard 106 Cristina's Way 407 Benchmark Drive 300 Elk Park Road 109 Double Eagle Way 141 Palmyra Drive 455 E Colorado Avenue 673 E Pandora Avenue 146 Hood Park Road 3 Tunnel Lane 14 Stonegate Drive 7 Stonegate Drive

Beds 5 3 10 6 5 7 5 4 5 5 5 7 4 5 5

Baths 5.1 3.1 9.2 5.2 6.1 7.2 5.0 4.1 6.0 5.1 4.1 8.1 4.1 4.1 4.1

Est. Sq. Ft. 4001-5000 2001-2500 7000+ 5001-6000 5001-6000 7000+ 4001-5000 3001-4000 2501-3000 3001-4000 3001-4000 7000+ 3001-4000 4001-5000 4001-5000

List Price $9,970,000 $1,995,000 $6,750,000 $3,965,000 $4,825,000 $7,495,000 $2,200,000 $3,650,000 $3,750,000 $5,795,000 $6,495,000 $8,975,000 $3,775,000 $4,200,000 $3,895,000

Sold Price $9,500,000 $1,900,000 $6,500,000 $3,655,000 $4,570,000 $6,900,000 $2,200,000 $3,650,000 $3,905,202 $5,600,000 $6,050,000 $7,795,000 $3,512,500 $4,150,000 $3,895,000

Sold Date 03/30/21 03/26/21 03/23/21 03/09/21 03/09/21 03/09/21 03/08/21 03/05/21 03/04/21 02/25/21 02/23/21 02/20/21 02/19/21 02/18/21 02/05/21

Anne-Britt Ostlund and Mountain Rose Realty are not in any way affiliated with Telluride Home Owners Association, nor is this in any way an official advertisement or publication of Telluride. © 2021 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the FLEX MLS between February 5th, 2021 and April 5th, 2021. Listings and sales may not be those of Mountain Rose Realty. The FLEX MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.


Dear Future Friends and Neighbors, Receive the most accurate assessment of your home's value, provided to you as a complimentary service by Anne-Britt Ostlund, your Telluride real estate specialist and neighbor. You will not be contacted with any other solicitation.

VISIT WWW.MOUNTAINROSEREALTY.CO

CURRENT ACTIVITY IN TELLURIDE

Active

Pending

Sold

15

$5,773,600

436

$4,918,847

Homes Recently Sold

Average Active List Price

Average Days On Market (Solds)

Average Sold Price

© 2021 Google This map is a visual representation of the data on the opposing page. The data and corresponding location pins are deemed to be accurate but not guaranteed. Some location pins may not be visible and/or updated with the latest location data.


PO Box 4194 Telluridge, CO 81435

ANNE - BRITT OSTLUND Real Estate Advisor, Broker/Owner Your Telluride Neighbor Since 2012

970-759-4886

ab@mountainrose.co www.mountainroserealty.co Connect with me on:

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | © 2021

1ST QUARTER

Q1 2020

Q1 2021

TELLURIDE

18

21

16.7% INCREASE

TOTAL SALES

REAL ESTATE REVIEW Only Including Homes Listed for $900,000 or Above

$3,214,272

$4,564,414

42.0% INCREASE

SOLD PRICE

$1,007

$928

7.8%

DECREASE

PRICE/SQ. FT.

340

351

3.2% INCREASE

DAYS ON MARKET

94.2%

96.1%

SP/LP RATIO

Dear Future Friends and Neighbors,

These statistics represent the current market trends in your community. For an in-depth analysis on how these trends affect your home’s value, call me today at 970-759-4886 for a free consultation. Data based on listings from FLEX MLS from January 1st to March 31st, 2020 and 2021. Information deemed accurate but not guaranteed.

1.9% INCREASE


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