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Telluride Year End Real Estate Market Update

2024 Year End Telluride Real Estate Market Update and Activity Report

We hope you and your loved ones enjoyed a wonderful holiday season. As we take a moment to reflect on the past year and look ahead to the direction of the Telluride market in 2025, we wanted to share some of our 2024 year end Telluride real estate market update and insights with you. We hope you find this information helpful and insightful.

Telluride Reinforces its Position as a Favorite for Investors in Lifestyle

A Few Telluride Year End Real Estate Market Update Highlights:

– Sales volume surpassed $1B in 2024 – 16% increase over 2023

– The Town of Telluride realized a 47% average sales price increase

– The Mountain Village represented 27 of 48 sales over $5M and 10 of 14 sales over $10M

– The top of the market looks to be strong for the future, with Four Seasons penthouses trading between $20-30M, at nearly $5,000/SF

As Telluride continues to mature with the addition of a Four Seasons and Six Senses luxury hotel, it is likely that demand will continue to increase. We expect increasing numbers of people to forgo the ease of access to other ski towns for Telluride’s chill club-like atmosphere on the slopes and hiking trails. Warren Miller’s famous quote remains poignant, “If you don’t do it this year, you’ll be one year older when you do.”

Click here to read the full Telluride 2024 year-end real estate market update report.

New Issue of Telluride Properties’ Luxury Listings Magazine Hits the Shelves

Additionally, the newest issue of our in-house property magazine, Truly Telluride, is out now! The next time you’re in town, be sure to grab a copy for your coffee table. They are available at our 6 prime office locations, as well as the Montrose & Telluride airports. You can also read the digital version here.

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