The September 2023 report records two different August Telluride luxury-market samples: single-family homes had an 8% sales ratio, while attached homes had a 41% sales ratio. The report records separate single-family and attached-home tables for August 2023.
Read the original September 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 classified its 8% sales ratio as a buyer's market. It reported a 96.05% median sale-to-list ratio, a $7,500,000 median sale price, and 191 median days on market, compared with 55 in August 2022. The $7,000,000–$7,999,999 band had a 100% sales ratio.
The separate attached table used a $500,000 luxury benchmark and classified its 41% sales ratio as a seller's market. It reported a 97.51% median sale-to-list ratio, a $1,416,000 median sale price, and 68 median days on market, compared with 74 in August 2022. The $700,000–$799,999 band had a 200% sales ratio.
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 report says a figure above 100% can reflect prior-month sales exceeding month-end inventory. The source reports active and sold properties, excludes pending properties, and notes limits for records without disclosed square-foot data.
For a current decision, use recent closed comparables, active competition, property condition, and location. Browse current properties or contact Mountain Rose Realty.