Telluride Real Estate Market Update | February 2021

Page 1

WINTER 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.

CURRENT TELLURIDE ACTIVITY

Active

Pending

Sold

© 2021 Google

TELLURIDE AT A GLANCE

16

Homes Recently Sold

$5,306,367 Average Active List Price

$4,350,939 Average Sold Price

175

Average Days On Market (Solds)

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.


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

TELLURIDE

REAL ESTATE MARKET REPORT

TELLURIDE HOMES RECENTLY LISTED (SHOWING 14 OUT OF 30 TOTAL HOMES) Status Active Active Active Active Active Active Active Active Active Active Active Active Active Active

Street Name W Galena Avenue W Pacific Avenue Knoll Estates Drive Double Eagle Way Country Club Drive E Colorado Avenue Knoll Estates Drive N Aspen Street N Spruce Street Singletree Ridge Road Curtis Drive W Galena Avenue E Columbia Avenue W Serapio Drive

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

Baths 2.0 1.1 3.0 4.1 4.1 1.0 4.1 3.0 3.1 5.1 3.1 3.0 3.0 4.2

Est. Sq. Ft.* 901-1500 900 3001-4000 3001-4000 3001-4000 1501-2000 3001-4000 1501-2000 2001-2500 7000+ 2001-2500 2001-2500 2501-3000 6001-7000

List Price $2,225,000 $2,395,000 $2,575,000 $2,897,000 $2,975,000 $2,999,000 $2,999,000 $3,200,000 $3,278,000 $3,500,000 $3,950,000 $3,995,000 $4,050,000 $4,350,000

There are 24 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 Sold

Address 7 Stonegate Drive 115 Adams Way 135 Palmyra Drive 970 Primrose Lane 128 Victoria Drive 111 Aguirre Road 37 Hillside Lane 113 Victoria Drive 92 Park Lane 529 Benchmark Drive 259 Elk Park 517 West Pacific Avenue 304 Adams Ranch Road 461 S Pine Street 510 W Depot Avenue 501 W Colorado Avenue

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

Baths 4.1 3.1 6.1 3.1 6.2 5.1 3.0 6.2 6.1 6.2 4.1 3.1 2.1 5.1 6.1 4.0

Est. Sq. Ft.* 4001-5000 4001-5000 6001-7000 3001-4000 7000+ 5001-6000 2501-3000 7000+ 4001-5000 7000+ 4001-5000 2501-3000 1501-2000 4001-5000 4001-5000 3001-4000

List Price $3,895,000 $2,750,000 $7,750,000 $2,377,000 $4,985,000 $3,625,000 $1,295,000 $8,950,000 $1,895,000 $8,950,000 $1,695,000 $4,485,000 $750,000 $7,650,000 $8,437,000 $2,495,000

Sold Price $3,895,000 $2,700,000 $7,500,000 $2,290,000 $4,800,000 $3,550,000 $1,230,000 $8,917,526 $1,850,000 $8,650,000 $1,650,000 $4,037,500 $720,000 $7,425,000 $7,900,000 $2,500,000

Sold Date 02/05/21 02/04/21 01/29/21 01/28/21 01/26/21 01/15/21 01/07/21 12/31/20 12/28/20 12/23/20 12/22/20 12/22/20 12/18/20 12/17/20 12/16/20 12/15/20

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 December 15th, 2020 and February 8th, 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. *Estimated square feet rounded down to nearest hundred.


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

MONTH-TO-MONTH

TELLURIDE REAL ESTATE REVIEW

TOTAL HOMES SOLD

75.0

%

AVERAGE SOLD PRICE $3,934,950

24

1.1

20

%

15

DECREASE from December

5

OCT

NOV

DEC

JAN

26.8

%

$811

OCT

DECREASE from December

NOV

DEC

37.8

%

280

306 193 120

DECREASE from December

OCT

NOV

DEC

JAN

JAN

AVERAGE DAYS ON MARKET

$937 $686

$3,874,000

$3,671,767

DECREASE from December

AVERAGE PRICE/SQ. FT. $786

$3,916,451

OCT

NOV

DEC

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 October 1st, 2020 to January 31st, 2021. Information deemed accurate but not guaranteed.

JAN


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