In the November 2023 report, the October Telluride tables showed different historical sales ratios by property type: 6% for single-family homes and 42% for attached homes. The report classified those samples as buyer's and seller's markets under its own 2023 sales-ratio definitions. These are October 2023 observations, not current availability, negotiating leverage, or a forecast.
Read the original November 2023 Luxury Market Report. Its Telluride single-family tables appear on pages 22–23 and the attached tables on pages 24–25.
The report used a $1,500,000 luxury benchmark and recorded a 6% sales ratio, a 92.92% median sale-to-list ratio, a $1,625,000 median sale price, and 87 median days on market, compared with 89 in October 2022. Its most active price band was $1,500,000–$1,999,999, with a 33% sales ratio.
The separate attached table used a $500,000 luxury benchmark and recorded a 42% sales ratio, a 97.82% median sale-to-list ratio, a $1,075,000 median sale price, and 75 median days on market, compared with 57 in October 2022. The $600,000–$699,999 band had a 200% sales ratio. The report explains that a ratio above 100% can reflect sales from a prior month exceeding listings available at month-end.
The report defined a buyer's market as up to 14%, balanced as 15% to 20%, and seller's as 21% or more. A sales ratio compares sold listings with available inventory. The source reports active and sold properties, excludes pending properties, and notes that its square-foot table omits listings and sales without disclosed square-foot data.
For a current property decision, compare recent closed sales, active competition, condition, and location. Browse current properties or contact Mountain Rose Realty for a property-specific comparison.