The March 2024 report recorded contrasting February segment ratios: 9% for single-family homes, classified as a buyer's market, and 29% for attached homes, classified as a seller's market under that report’s thresholds. The results came from eight single-family sales against 85 properties and 12 attached sales against 41; they are historical samples, not current leverage or investment outcomes.
Read the original March 2024 Luxury Market Report. In this 22-page edition, Telluride single-family tables appear on pages 18–19 and attached tables on pages 20–21.
The report identified a $1,500,000 luxury benchmark, 85 properties in inventory and eight sales, a 9% buyer's-market sales ratio. It reported a 97.05% median sale-to-list ratio, a $5,710,000 median sale price, and 109 median days on market, up from 71 in February 2023. The $4,000,000–$4,749,999 band had one sale against two properties in inventory, a 50% ratio.
The separate attached table used a $500,000 luxury benchmark and reported 41 properties in inventory and 12 sales, a 29% seller's-market sales ratio. It reported a 96.72% median sale-to-list ratio, a $1,545,000 median sale price, and 80 median days on market, up from 69 in February 2023. The $1,000,000–$1,499,999 and $1,500,000–$1,999,999 bands each had three sales against six properties in inventory, a 50% ratio.
The report’s 2024 thresholds defined a buyer's market below 12%, balanced from 12% to below 21%, and seller's at 21% or above. A sales ratio compares sales with inventory; it does not count prospective buyers or guarantee negotiating results. The report includes active and sold properties and excludes pending properties; its square-foot table omits records without disclosed square footage.
For a current comparison, use recent closed sales, active competition, property condition and location. Browse current properties or contact Mountain Rose Realty.