Q1 2024 Market Report - Telluride

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Quarterly Market Report

TELLURIDE, COLORADO Q1

2024

Telluride AT A GLANCE

Median Sold Price $2,978,075 -11.1% Properties Sold 42 31.3% Average Days on Market 213 57.8% Median Price per Sq. Ft. $1,559 9.4% % Sold Price, to List Price 98.0% 0.0% Data based on sales in Telluride and Mountain Village, all residential properties. Jan - Mar 2024 % Change YTD 2023 vs 2024

$12,830,000

January - March 2024 | 3 Based on information from flexmls/Telluride Association of Realtors®. This representation is based in whole or in part on data supplied by Telluride Association of Realtors® for the period January 1st, 2024 - March 31st, 2024. Telluride Association of Realtors® does not guarantee nor is in any way responsible for its accuracy. Data maintained by Telluride Association of Realtors® may not reflect all real estate activity in the market. April 2023 - March 2024 AVERAGE DAYS ON MARKET Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May 172 282 157 260 177 130 April 2023 - March 2024 TOTAL SALES VOLUME Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May $30M $45M $60M $75M $87M $44M $70M $65M $69M $53M April 2023 - March 2024 MEDIAN SOLD PRICE Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May $2M $3M $4M $5M $6M
Highest Sold Price $183,684,150 Total Sales Volume + 53.0% 2023 vs 2024 % Change $90M 235 161 200 $25M $107M $83M 256 146 165 $26M $40M $48M

Telluride

The Town of Telluride showcases Colorado’s beauty unlike any other town. Nestled in a box canyon within the San Juan Mountains, the expansive wilderness, open space, and recreation make this a destination worth exploring. The town is a menagerie of colorful Victorian homes, restaurants, shops, art galleries, and historic buildings. Skiing, hiking, and biking are all popular activities year-round. Telluride is also known for its festivals, ranging from food and drink to music and film.

January - March 2024 | 5 *Data based on sales in Deep Creek Mesa, Hastings Mesa, Iron Springs/Horsefly Mesa, Specie Mesa, Sunshine Mesa, Turkey Creek Mesa, Wilson Mesa, all residential properties. Town of Telluride 27 $3,150,000 215 Mountain Village 15 $2,150,000 209 Norwood 2 $267,500 82 Ridgway: Ouray County 8 $1,146,450 88 *Surrounding Mesas 7 $4,000,000 189 Properties Sold Median Sold Price Average Days on Market

Envision what’s next.

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