Q4 2023 Market Report - Telluride

YEAR-END 2023

Quarterly Market Report TELLURIDE, COLORADO

AT A G L A N C E

Telluride

Jan - Dec

2023

% Change YTD 2022 vs 2023

Median Sold Price

$2,587,500

23.8%

Properties Sold

190

-25.8%

Average Days on Market

155

38.4%

Average Price per Sq. Ft.

$1,413

9.2%

% Sold Price, to List Price

97.0%

-1.0%

Data based on sales in Telluride and Mountain Village, all residential

2 | livsothebysrealty.com

MEDIAN SOLD PRICE January - December 2023

Total Sales Volume

$667,372,535

$3.0M $2.5M $2.0M $1.5M

2022 vs 2023 % Change

$1.0M

-16.7%

Jan Feb Mar Apr May Jun Jul

Aug Sep Oct Nov Dec

AV E R AG E DAYS O N M A R K E T January - December 2023

224 175

155

162

161

130

127

152

172 133

165

79

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

TOTA L SA L ES VO LU M E January - December 2023

$90M $75M $60M $45M

$48M

$42M

$28M

$86M

$108M

$27M

$70M

$65M

$70M

$62M

$18,900,000

$34M

Highest Sold Price

$28M

$30M

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

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, 2023 - December 31st, 2023. 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.

January - December 2023 | 3

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.

4 | livsothebysrealty.com

Properties Sold

Median Sold Price

Average Days on Market

Town of Telluride

91

$1,925,000

187

Mountain Village

99

$2,975,000

144

Norwood

31

$352,000

53

Ridgway: Ouray County

37

$930,000

174

*Surrounding Mesas

20

$2,792,500

134

*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.

January - December 2023 | 5

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