What is the current median list price in Telluride as of May 30, 2023?

The median list price in Telluride, CO 81435 as of May 30, 2023 is $7,999,000.

Is Telluride currently a buyer's market or seller's market?

As of late May 2023, Telluride is a buyer's market. The market action index has declined from 25 to 24, inventory has grown to 51 units, and supply is outpacing demand—conditions that suggest prices could resume a downward trend.

What does the Market Action Index tell us about Telluride's real estate?

The Market Action Index compares the rate of sales versus inventory; at 24, it indicates slower momentum than the previous month's 25. Prices have plateaued and are unlikely to move significantly higher without a persistent upward shift in the index.

How much has inventory changed in the Telluride market recently?

Inventory has increased to 51 units, growing relative to demand, which reinforces buyer-favorable conditions and the potential for downward price pressure in the coming weeks.

Check out the housing market in Telluride, CO 81435 (May 30, 2023)

By Anne-Britt OstlundMay 30, 20231 min read

Real Estate Market Updates

THIS WEEK'S TELLURIDE REAL ESTATE MARKET SENTIMENT!

This week the median list price for Telluride, CO 81435 is $7,999,000 with the market action index hovering around 24. This is less than last month's market action index of 25. Inventory has increased to 51.

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Check out the housing market in Telluride, CO 81435 (May 30, 2023) — photo 1

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Download our free Telluride Market Report by clicking here or on the photo below and get up-to-date information on current trends and projections!

Check_out_the_market_in_Telluride_CO_81435_-_Houses_May_30_2023.pdf

Frequently Asked Questions

What is the current median list price in Telluride as of May 30, 2023?: The median list price in Telluride, CO 81435 as of May 30, 2023 is $7,999,000.
Is Telluride currently a buyer's market or seller's market?: As of late May 2023, Telluride is a buyer's market. The market action index has declined from 25 to 24, inventory has grown to 51 units, and supply is outpacing demand—conditions that suggest prices could resume a downward trend.
What does the Market Action Index tell us about Telluride's real estate?: The Market Action Index compares the rate of sales versus inventory; at 24, it indicates slower momentum than the previous month's 25. Prices have plateaued and are unlikely to move significantly higher without a persistent upward shift in the index.
How much has inventory changed in the Telluride market recently?: Inventory has increased to 51 units, growing relative to demand, which reinforces buyer-favorable conditions and the potential for downward price pressure in the coming weeks.