Greetings from Telluride!

It has been a glorious summer season and the San Juan super bloom is offering incredible wild flowers everywhere to be seen! The high country hiking is finally open after a significant winter and we are enjoying every minute.

In the real estate market, we continue to see fantastic new listings hit the market. The number of sales in Mountain Village remain down 27% YTD but only down 4% in terms of dollar volume. And in the town of Telluride, the number of sales are down 51% YTD but only 38% in terms of dollar volume. After record breaking years, lower YTD numbers are to be expected, the big takeaway is that the market is holding and prices still increasing. That being said, some of the power has shifted back to the Buyer allowing for more negotiations and better terms making this a good time to be looking for property.

Whether you have been following along with us for years or have just discovered Telluride and the inspiring San Juan mountains, we always want to connect with you. Real estate here can look like a quaint alpine retreat, a luxurious mountain estate, or a charming condo in the heart of town. Nothing makes us happier than helping people achieve the Telluride dream, please let us know if we can help in any way!

Warmest regards,

Josh & Katja

TELLURIDE JAZZ FESTIVAL
The 46th annual Telluride Jazz Festival will take place August 11-13. The festival celebrates cutting edge progression of the American Jazz art form delivering a sublime experience. More info here.

MARKET ON THE PLAZA
Be sure to check out Market on the Plaza each Wednesday from 11am-4pm at Heritage Plaza, the center of Mountain Village, where local businesses offer homegrown food and homemade products.

MOUNTAIN VILLAGE 2023 YTD SALES
Homes & Condos Sold - 49
Average Price - $4,498,735
Average Days On Market - 149
Sold Price/Listing Price - 96%

TOWN OF TELLURIDE 2023 YTD SALES
Homes & Condos Sold - 31
Average Price - $3,509,904
Average Days On Market - 161
Sold Price/Listing Price - 95%