Telluride Real Estate Market Update | October 2021

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3RD 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 OF 26 TOTAL HOMES) Status Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active

Street Name W Columbia Avenue E Columbia Avenue E Columbia Avenue W Galena Avenue Adams Way E Columbia Avenue W Serapio Drive W Columbia Avenue W Curtis Drive Russell Drive Benchmark Drive E Columbia Avenue Rocky Road Pennington Place Cortina Drive

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

Baths 2.0 3.0 2.0 2.1 4.1 2.1 4.2 2.1 3.0 6.3 4.1 4.0 4.2 6.1 6.1

Est. Sq. Ft. 2001-2500 2501-3000 1501-2000 2501-3000 3001-4000 2501-3000 6001-7000 2001-2500 2001-2500 7000+ 6001-7000 2001-2500 6001-7000 6001-7000 5001-6000

List Price $3,795,000 $4,050,000 $4,250,000 $4,250,000 $4,250,000 $4,595,000 $4,600,000 $4,850,000 $4,900,000 $5,950,000 $6,295,000 $6,375,000 $6,950,000 $7,250,000 $7,295,000

There are 12 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 403 Larkspur Lane 15 Mt Wilson Way 317 N Spruce Street 504 W Colorado Avenue 106 Singletree Ridge 101 Benchmark Drive 461 S Pine Street 404 E Columbia Avenue 142 High Country Road 45 Hillside Lane 226 Country Club Drive 296 Hillside Lane 107 Cristinas Way 218 N Spruce Street 127 E Columbia Avenue

Beds 5 4 5 3 6 6 5 3 6 3 4 3 5 2 7

Baths 4.3 3.1 3.1 3.0 5.1 4.1 5.1 2.0 5.1 2.0 4.1 2.1 4.1 1.0 7.2

Est. Sq. Ft. 7000+ 3001-4000 2001-2500 1501-2000 7000+ 5001-6000 4001-5000 2001-2500 6001-7000 1501-2000 3001-4000 2001-2500 5001-6000 901-1500 5001-6000

List Price $5,500,000 $2,875,000 $3,197,000 $4,800,000 $3,500,000 $4,795,000 $8,500,000 $5,999,999 $7,995,000 $1,100,000 $2,975,000 $1,300,000 $3,890,000 $2,075,000 $16,500,000

Sold Price $5,500,000 $2,875,000 $3,073,000 $4,750,000 $3,250,000 $4,495,000 $8,756,000 $5,500,000 $7,995,000 $1,200,000 $2,975,000 $1,525,000 $3,890,000 $2,075,000 $14,500,000

Sold Date 10/01/21 09/10/21 09/10/21 09/09/21 09/02/21 08/31/21 08/25/21 08/20/21 08/19/21 08/06/21 08/06/21 07/20/21 07/20/21 07/13/21 07/09/21

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 July 9th and October 4th, 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

$11,315,000

136

$4,823,933

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 (RM) | www.REALMarketing4You.com | 858.952.4280 | © 2021

3RD QUARTER

Q3 2020

Q3 2021

TELLURIDE

51

18

64.7% DECREASE

TOTAL SALES

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

$3,448,282

$4,329,111

25.5% INCREASE

SOLD PRICE

$851

$464

45.5% DECREASE

PRICE/SQ. FT.

297

151

49.2% DECREASE

DAYS ON MARKET

95.2%

99.4%

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 July 1st to September 30th, 2020 and 2021. Information deemed accurate but not guaranteed.

4.2% INCREASE


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