Historical condo-market report: October 31, 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 October 31 report’s index eased from 36 to 34 while inventory declined to 38. The original commentary described cooling conditions and flat prices. Those observations do not establish that all sellers had an advantage or that future prices had to follow the index.
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 October 27, 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 October 27 tooltip rounds the seven-day list-price series to $2.0 million and the ninety-day series to $2.1 million. The article separately reported a $2,037,500 median list price and a $1,725,000 median for new listings. A lower new-listing median can reflect different units entering the market; it does not by itself make this a better time to buy.
The October 27, 2023 tooltip in this position reads 7-day 129; 90-day 124. This is time listed within the source’s measure, not a guaranteed time to close.
The October 27, 2023 tooltip reads 7-day 102; 90-day 80. Median and average describe different summaries; neither predicts the marketing time for a particular property.
The article reported $1,613 per square foot. Use that historical aggregate with its property mix and timing, not as an appraisal rate to multiply by the area of any condo.
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 38 available listings. That count is not the number sold during the week or month.
The article also reported price decreases on 26% of listings. That describes asking-price changes, not a 26% fall in values. A zero price-increase reading would not establish that sale prices, rents or every property’s value were stable.
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: $5,350,000; Sq. Ft.: 2,505; Lot Size: -; Beds: 4; Bath: 3.5; Age: 16; New: 0; Absorbed: 1; DOM: 140.
Median Price: $2,750,000; Sq. Ft.: 1,510; Lot Size: -; Beds: 3; Bath: 3; Age: 24; New: 0; Absorbed: 1; DOM: 70.
Median Price: $1,612,500; Sq. Ft.: 1,095; Lot Size: -; Beds: 2; Bath: 1.8; Age: 36; New: 1; Absorbed: 1; DOM: 59.
Median Price: $457,500; Sq. Ft.: 416; Lot Size: -; Beds: 1; Bath: 1; Age: 31; New: 0; Absorbed: 0; DOM: 119.
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.
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.
