The August 2023 luxury report summarizes July 2023 Telluride transactions. Its single-family segment had two sales and its attached segment had five. The published results are useful historical records, but these small samples do not establish current negotiating leverage, demand growth or investment returns.
Read Anne-Britt Ostlund's August 2023 Luxury Market Report. This is the original 26-page publication: single-family results appear on pages 22–23 and attached results on pages 24–25.
The Institute for Luxury Home Marketing set separate benchmark prices for the two property types. Under the report's 2023 definitions, both were buyer's markets: below 14.5% was classified as a buyer's market, 14.5% to below 20.5% as balanced, and 20.5% or above as a seller's market. Those are the definitions used by this historical report.
A sales ratio compares closed sales with inventory, not the number of prospective buyers. The single-family and attached medians reflect different properties and very small transaction counts. Longer or shorter days on market alone do not establish why buyers acted, future demand or an individual property's appropriate price. The attached segment's $2,400,000 overall median should not be relabeled as the median of its most active price band.
The report includes active and sold properties and excludes pending properties. Its square-foot table omits records without disclosed square footage. Sale-to-list ratios describe asking-price comparisons, not investment profit. Current decisions need recent comparable sales and review of property condition, location and costs.
Explore current property listings or contact Mountain Rose Realty for a comparison that identifies the location, property type and dates behind the figures.