Telluride Real Estate Market Report - Fall 2020

Page 1

EARLY FALL 2020

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 14 OUT OF 72 TOTAL HOMES) Status Active Active Active Active Active Active Active Active Active Active Active Active Active Active

Street Name Elkhorn Court Adams Ranch Road Hillside Lane Cabins Lane Spruce Street Galena Avenue Stonegate Drive Galena Avenue Aguirre Road Aspen Street Pandora Avenue Galena Avenue Highlands Way Oak Street

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

Baths 2.0 2.1 2.1 3.1 2.0 3.1 4.1 3.1 7.2 4.1 4.1 5.1 7.1 3.1

Est. Sq. Ft. 901-1,500 1,501-2,000 1,501-2,000 2,001-2,500 901-1,500 2,001-2,500 4,001-5,000 1,501-2,000 6,001-7,000 3,001-4,000 3,001-4,000 4,001-5,000 6,001-7,000 2,001-2,500

List Price $439,000 $750,000 $925,000 $2,100,000 $2,865,000 $3,995,000 $4,200,000 $4,295,000 $5,900,000 $5,999,000 $6,495,000 $9,970,000 $9,995,000 $10,200,000

There are 49 homes currently pending.

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

TELLURIDE HOMES SOLD IN THE LAST 30 DAYS Status Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold Sold

Address 218 N Willow Street 124 Lawson Point 110 Bernardo Drive 210 Cortina Drive 168 Hemlock Street 1327 Elk Run 13 Boulders Way 858 Wapiti Road 328 Basque Boulevard 100 Stevens 133 Polecat Lane 771 Prospect Avenue 132 Adams Ranch Road 325 W Pacific Avenue 147 Hillside Lane 566 W Columbia Avenue 619 Saddle Horn Lane 321 N Willow Street 437 W Colorado Avenue

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

Baths 1.1 7.0 4.0 5.2 5.3 4.1 3.2 3.1 4.1 4.1 7.1 3.0 3.1 4.1 4.0 2.0 3.1 2.0 1.0

Est. Sq. Ft. 901-1,500 5,001-6,000 4,001-5,000 5,001-6,000 6,001-7,000 4,001-5,000 3,001-4,000 3,001-4,000 6,001-7,000 6,001-7,000 7,000+ 1,501-2,000 3,001-4,000 3,001-4,000 3,001-4,000 1,501-2,000 2,501-3,000 2,001-2,500 901-1,500

List Price $2,090,000 $3,950,000 $4,995,000 $5,450,000 $7,995,000 $3,995,000 $1,090,000 $1,375,000 $2,995,000 $3,900,000 $6,999,000 $2,050,000 $2,600,000 $6,500,000 $1,150,000 $1,325,000 $2,237,000 $1,448,000 $1,595,000

Sold Price $2,090,000 $3,800,000 $4,800,000 $5,335,000 $7,496,850 $3,800,000 $1,080,000 $1,347,500 $2,700,000 $3,560,000 $6,387,093 $2,000,000 $2,600,000 $6,425,000 $1,042,760 $1,200,000 $2,150,000 $1,425,000 $1,595,000

Sold Date 09/03/20 09/03/20 09/02/20 09/01/20 08/31/20 08/28/20 08/26/20 08/26/20 08/26/20 08/26/20 08/26/20 08/25/20 08/20/20 08/20/20 08/17/20 08/14/20 08/13/20 08/12/20 08/12/20

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. © 2020 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the FLEX MLS between August 9th, 2020 and September 8th, 2020. 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 TELLURIDE ACTIVITY

TELLURIDE AT A GLANCE Homes Recently Sold: 19 Average Active List Price: $4,946,347 Average Sold Price: $3,201,800 Average Days On Market (Solds): 172 Š 2020 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.

Active

Pending

Sold


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 | © 2020

MONTH-TO-MONTH

TELLURIDE REAL ESTATE REVIEW

TOTAL HOMES SOLD 20

81.8% INCREASE from July

AVERAGE SOLD PRICE

11 5

5

MAY

JUN

19.6%

0.4%

JUL

AUG

94.6%

MAY

JUN

MAY

JUN

JUL

AUG

AVERAGE DAYS ON MARKET

95.0%

29.5%

90.7%

INCREASE from July

$2,292,800

$3,417,610

INCREASE from July

AVERAGE SP/LP RATIO 94.2%

$2,378,000

$2,858,265

432

382

424 299

DECREASE from July

JUL

AUG

MAY

JUN

JUL

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 May 1st, 2020 to August 31st, 2020. Information deemed accurate but not guaranteed.

AUG


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