This is an archived March 2023 Telluride Luxury Market Report. Its local tables describe the publisher’s February 2023 luxury category samples. Read the original report for the published report and its broader resort-market context.
The report’s local tables cover active and sold luxury properties and exclude pending properties. Its sales ratio is sold properties divided by month-end inventory. Median sale price and days on market summarize the stated sample; they are not average values, appraisals, appreciation measures, or forecasts for a particular Telluride home.
The report classified its luxury single-family category as a buyer’s market with a 5% sales ratio. It listed 4 sold properties, 76 properties in inventory, a median sale price of $5,912,500, a median sale-to-list ratio of 97.66%, and 71 median days on market, compared with 105 in the referenced prior-year period. It identified the $7,000,000–$7,999,999 active band as having a 50% sales ratio. The report’s category label and sample size matter when interpreting those figures.
For its luxury attached category, the report listed 14 sold properties and 43 properties in inventory, a median sale price of $1,925,000, a median sale-to-list ratio of 96.17%, and 69 median days on market, compared with 65 in the referenced prior-year period. It classified the category as a seller’s market with a 33% sales ratio, and listed the $800,000–$899,999 active band at 133%. That percentage follows the report’s sold-to-month-end-inventory formula; it is not a likelihood of sale or an assurance of pricing.
The original post’s national-market commentary and spring outlook were time-bound publisher narrative. This archived report does not establish that Telluride is more affordable than another market, that prices will grow, or that a sale will have a particular result. Current decisions require updated comparable data, property condition, title and governing-document review, financing terms, and individual objectives.
For a current Telluride property discussion, contact Mountain Rose Realty.