Historical condo-market report: August 16, 2023. This archive covers the Telluride, Colorado 81435 condo category used in the original report. A ZIP-code sample is not automatically the Town of Telluride municipal boundary or the whole San Miguel County market. These are dated listing statistics, not current inventory or completed-sale values.
The original August 16 commentary said the condo market was getting hotter and predicted no change in the price trend. Its index rose from 27 to 31, but that alone does not prove appreciation or guarantee continuing price increases. The old “slight buyer’s advantage” label is inconsistent with presenting a reading above the index’s approximate balance point as clearly buyer-favorable.
Altos explains its index as a supply-demand indicator, with roughly 30 representing balance. It is not a price, a percentage return or a promise about the next sale.
The visible chart snapshots are dated August 11, 2023, before the article date. Their seven-day and ninety-day series are rolling measures. Preserve those dates and averaging windows when comparing them with another report.
The image originally placed below “Median List Price” has a unitless tooltip of 39.47 and 31.40. It is preserved below as an original source-display inconsistency, not transcribed as a dollar price or reassigned to another measure. The $1,995,000 headline comes from the report text.
The August 11, 2023 tooltip in this position reads 7-day 143; 90-day 161. This is time listed within the source’s measure, not a guaranteed time to close.
The August 11, 2023 tooltip reads 7-day 70; 90-day 99. Median and average describe different summaries; neither predicts the marketing time for a particular property.
The August 11 tooltip shows $1,556 for the seven-day series and $1,596 for the ninety-day series. That comparison does not prove that new listings are larger or that every buyer receives unchanged value.
These charts describe listing-price changes in their defined sample. They are not repeat-sales appreciation indexes.
Relisting is a separate listing event. A returned listing does not, by itself, explain whether an earlier contract failed or why.
The headline reported 43 available listings. That count is not the number sold during the week or month.
The price-decrease graph shows 25.58% and 18.65% for its seven- and ninety-day series. The corresponding price-increase and relisting tooltips display zero. These are listing-change measures, not changes in every condo’s value.
The original table divides the sample into approximate quarters ordered by price. The figures below preserve its literal columns. A dash in Lot Size is missing or unspecified information, not zero land; “Absorbed” remains the publisher’s label and is not relabeled as verified closed sales.
Median Price: $5,000,000; Sq. Ft.: 2,565; Lot Size: -; Beds: 4; Bath: 3.5; Age: 15; New: 0; Absorbed: 0; DOM: 70.
Median Price: $2,895,000; Sq. Ft.: 1,668; Lot Size: -; Beds: 3; Bath: 2.5; Age: 36; New: 1; Absorbed: 2; DOM: 63.
Median Price: $1,199,000; Sq. Ft.: 913; Lot Size: -; Beds: 2; Bath: 2; Age: 31; New: 0; Absorbed: 2; DOM: 77.
Median Price: $465,000; Sq. Ft.: 419; Lot Size: -; Beds: 1; Bath: 1; Age: 32; New: 2; Absorbed: 1; DOM: 56.
These are group statistics. Fractional Bath figures such as 1.8 or 2.8 are preserved as table summaries and do not describe the fixture layout of a single condo. The table’s median prices are not the upper and lower boundaries of each quarter.
Read the original August 16, 2023 condo report PDF. This preserves the historical report, including its original commentary; the interpretive corrections on this page should accompany it.
For a purchase or sale now, compare current competing listings and relevant closed transactions for the same property type, location, condition and ownership structure. Review association costs, use restrictions and the needs of your household. A historical asking-price median or market label cannot establish investment performance.
Contact Anne-Britt Ostlund at Mountain Rose Realty to discuss a specific condo or request current local information. Explore available properties and other Telluride articles for related context.
