Telluride Real Estate Market Update | July 2021

MID-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 Status Active Active Active Active Active Active Active Active Active Active

Street Name E Columbia Avenue San Joaquin Road Russell Drive Sundance Lane High Country Road Adams Ranch Road Benchmark Drive Butch Cassidy Drive Royer Lane Hood Park Road

Beds 4 6 6 4 6 5 8 5 4 8

Baths 3.0 5.1 6.2 6.1 6.1 5.1 10.2 6.2 4.2 8.5

Est. Sq. Ft. 2501-3000 5001-6000 7000+ 7000+ 7000+ 5001-6000 7000+ 7000+ 7000+ 7000+

List Price $4,050,000 $5,790,000 $5,950,000 $6,750,000 $7,495,000 $7,950,000 $16,000,000 $17,750,000 $18,000,000 $36,800,000

There are 16 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 406 W Pacific Avenue 99 Pennington Place 133 N Aspen Street 126 Josefa Lane 125 Singletree Way 27 Spruce Way 115 Francisco Way 114 Aguirre Road 536 W Columbia Avenue 135 Polecat Lane 977 Primrose Alley 234 Russell Drive 505 Curtis Drive 115 Double Eagle Way 114 Victoria Drive

Beds 2 6 2 4 3 5 7 6 3 6 3 8 3 4 6

Baths 1.1 5.2 3.0 4.1 3.1 5.1 7.2 7.2 2.1 7.1 2.1 8.2 3.1 4.1 7.2

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

List Price $2,195,000 $4,600,000 $3,200,000 $6,950,000 $2,550,000 $2,480,000 $39,500,000 $5,900,000 $2,100,000 $7,450,000 $2,150,000 $8,750,000 $3,950,000 $2,850,000 $6,195,000

Sold Price $2,050,000 $4,450,000 $2,835,000 $6,900,000 $2,370,000 $2,280,000 $39,500,000 $5,800,000 $2,000,000 $7,150,000 $2,125,000 $8,100,000 $4,725,000 $2,850,000 $7,850,000

Sold Date 07/02/21 06/09/21 06/04/21 05/28/21 05/25/21 05/21/21 05/14/21 05/12/21 05/11/21 05/11/21 05/10/21 05/07/21 05/06/21 05/05/21 05/05/21

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 May 5th and July 6th, 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

$12,653,500

423

$6,732,333

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

MID-YEAR

TELLURIDE REAL ESTATE REVIEW TOTAL HOMES SOLD 30 25

23

21

24

20 15 10 5

20 15

11

13

5

7

5

13 7 2

0

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

MAR

APR

MAY

JUN

COMPARISONS TO FIRST HALF OF LAST YEAR HOMES SOLD

AVERAGE SOLD PRICE

2020

2021

36

47

VARIANCE:

+11

2020

2021

$2,719,747 $5,000,532 VARIANCE:

+83.9%

AVERAGE DAYS ON MARKET 2020

2021

322

357

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, 2020 to June 30th, 2021. Information deemed accurate but not guaranteed.

+35