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Telluride Real Estate Market Report - Q2 / 2024

Chris Sommers August 20, 2024

The tailwinds of the pandemic market that resulted in a scarcity of inventory in 2023 are in the rear-view mirror, even though demand remained relatively strong. 

The first six months of 2023 witnessed a decline of 25% in gross dollar sales while retail residential prices remained stable, except for the Mountain Village wherein the average home price increased 48%.

 

Work With Chris

Specializing in upscale residences, condominiums, and ranches, Chris is a seasoned broker known for his professional approach. His success is driven by continuous client communication, continuous market trend analysis, and strategic identification of target markets.