January 2023 Telluride Real Estate Market Update
January’s Highlights for Luxury Market Report
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Telluride Luxury Real Estate in December is notoriously a slow month for closing, but a busy month for buying and putting under contract. There is an increase in inventory in Telluride, Colorado with 70 listings, with a higher sale price of $1,549 per square foot. The inventory moved with an average of 134 days on market.
For homeowners looking to sell or buy their luxury home in today’s market, we recommend working with a realtor like Mountain Rose Realty who is a Telluride and Mountain Village local who can provide you with critical knowledge about Colorado and the local market, maintain a high level of security during the transaction and knows how to leverage technology to provide maximum exposure and assistance.
Did you know that my job is NOT selling houses? It is my responsibility as your TELLURIDE REALTOR to ensure that when others around you are lowering their expectations, that this becomes the time for us to switch gears and discover how to leverage the market effectively to achieve your goals.
Mountain Rose Realty. Unique. Like you!
Frequently Asked Questions
- What was the average price per square foot for luxury homes in Telluride in December 2022?
- The average sale price was $1,549 per square foot in December 2022, reflecting the luxury market in Telluride at that time.
- How many luxury listings were available in Telluride in December 2022?
- There were 70 listings on the market in Telluride during December 2022, representing an increase in inventory.
- What was the average days on market for properties in Telluride in December 2022?
- Properties averaged 134 days on market in December 2022, indicating the typical timeline for sales during that period.
- Why is December typically a busy month for buying and contracting in Telluride real estate?
- While December is notoriously slow for closing transactions, it is a busy month for buyers putting properties under contract, often as part of year-end purchasing activity.