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2016 Market Recap

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Scarce inventory in the Town of Telluride causes prices to rise, while value seekers move back into Mountain Village.

2015 – Total Dollar Volume: $461.8M – Number of Sales: 555
2016 – Total Dollar Volume: $452.8M – Number of Sales: 562

Mountain Village

Mountain Village Sales up 8% in Dollar Volume
Mountain Village Sales up 14% in Number of Transactions
20 Home Sales ranged from $313/sf to $900/sf with an average of $567/sf
80 Condo Sales ranged from $233/sf to $1,075/sf with an average of $584/sf

Telluride

Town of Telluride Sales down 11% in Dollar Volume
Town of Telluride Sales down 19% in Number of Transactions
28 Home Sales ranged from $333/sf to $2,675/sf with an average of $990/sf
69 Condo Sales ranged from $355sf to $1,248/sf with an average of $741/sf

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Love Telluride, but want to follow the snow?

Telluride Air Taxi is a new service giving you the option to fly to nearby resorts and spend the night back in Telluride. Enjoy a scenic flight in and out of the Telluride Airport and fresh lines at a different ski area.

Day trips to Taos, Wolf Creek, Crested Butte, Aspen.

www.tellurideairtaxi.com

 

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Now is a great time to consider the value of Mountain Village:

300 Prospect Falls B
Mountain Village, CO
$2,725,000 • 4 Beds • 4.5 Baths

145 Sunny Ridge Place B202
Mountain Village, CO

$1,995,000 • 3 Beds • 4 Baths