Telluride Real Estate Market Update | January 2021

NEW YEAR • 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 18 OUT OF 38 TOTAL HOMES) Status Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active Active

Street Name Cabins Lane W Galena Avenue W Pacific Avenue Spruce Way Knoll Estates Drive N Spruce Street Double Eagle Way Benchmark Drive Knoll Estates Drive N Aspen Street N Spruce Street Singletree Ridge Road W Galena Avenue Adams Ranch Road W Galena Avenue E Columbia Avenue W Serapio Drive Pennington Place

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

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

Est. Sq. Ft. 2001-2500 901-1500 0-900 4001-5000 3001-4000 901-1500 3001-4000 4001-5000 3001-4000 1501-2000 2001-2500 7000+ 1501-2000 3001-4000 2001-2500 2501-3000 6001-7000 7000+

List Price $1,995,000 $2,225,000 $2,395,000 $2,595,000 $2,695,000 $2,895,000 $2,960,000 $2,995,000 $2,999,000 $3,200,000 $3,278,000 $3,500,000 $3,595,000 $3,950,000 $3,995,000 $4,050,000 $4,350,000 $4,600,000

There are 18 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

Address 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 705 Mountain Village Boulevard

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

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

Est. Sq. Ft. 2501-3000 7000+ 4001-5000 7000+ 4001-5000 2501-3000 1501-2000 4001-5000 4001-5000 3001-4000 7000+

List Price $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 $4,450,000

Sold Price $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 $4,175,000

Sold Date 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 12/14/20

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 14th 2020 and January 11th, 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

11

$5,360,263

236

$4,459,548

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

2020 FULL YEAR

TELLURIDE REAL ESTATE REVIEW TOTAL HOMES SOLD 30

21

25

23

25 20

20

10 5

8

7

8

FEB

MAR

APR

3

15

11

15

5

5

MAY

JUN

0

JAN

JUL

AUG

SEP

OCT

NOV

DEC

COMPARISONS TO LAST YEAR HOMES SOLD

AVERAGE SOLD PRICE

2019

2020

76

151

VARIANCE:

+75

2019

2020

$2,913,522 $3,390,349 VARIANCE:

+16.4%

AVERAGE DAYS ON MARKET 2019

2020

353

282

VARIANCE:

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

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