August Update

It's August?! How did that happen...

We've had an early monsoon season this year and the Telluride region is looking more lush and beautiful than ever! Our favorite trails are engrossed in wildflowers and an abundance of wild mushrooms!

Our real estate market is, you guessed it, still on fire! The number of sales in July have stayed level since last year but the dollar volume increased by 25%! We see the price per square foot continue to steadily climb; the most significant jump happening for homes in downtown Telluride. The price per square foot for Telluride homes is up 75% YTD in 2021 over 2020!

Telluride & Mountain Village July Sales
2021: 24 sales - $56,698,400
2020: 24 sales - $45,420,918
2019: 18 sales - $29,315,760

As always, we are here for you if you need anything at all! Our door is always open.

Regards,
Josh & Katja


BE IN THE KNOW

More than just a music festival, Telluride Jazz Festival is back August 13th-15th in Telluride Town Park. Galactic featuring Anjelika 'Jelly' Joseph is headlining this year and is sure to light up the main stage!

The 48th annual Telluride Film Festival is set to take place September 2nd-6th. When town fills up with an eclectic mix of film makers, actors, and film buffs, you want to make sure you are here for all the action!

With an incredible early monsoon season, Mushroom Festival is the best way to learn about the local delicacies growing in our backyard. Happening August 18th-22nd.

Oprah's house is pending! Another potential historic sale. Listed for $17,750,000, one lucky buyer will get to move into Oprah's previous digs when they close!


Telluride Home Sales $/SF
(Jan 1st through July 31st)
2021 - $2,060
2020 - $1,181

Mountain Village Home Sales $/SF
(Jan 1st through July 31st)
2021 - $800
2020 - $761