May 11, 2024 market archive. The original Telluride condo report combined a listing graphic with commentary. The chart and prose disagreed about average days on market. The table below preserves the graphic’s values and identifies that discrepancy.
| Measure | May 11, 2024 | April 2024 |
|---|---|---|
| Active inventory | 45 | 58 |
| Price per square foot | $1,789 | $1,873.50 |
| Average days on market | 124 | 167 |
| Median list price | $2,400,000 | $2,765,000 |
The graphic labels its current column Week 11 May 2024. Read that with the May 11 article date, rather than treating it as a completed May monthly report. The original prose placed 167 days in the current period, but that number belongs to the April column. The current average printed in the graphic is 124 days.
The original prose also gave a current median of 126 days. That is a different statistic from the 124-day average and appears only in the narrative. The underlying listing report was not supplied to independently reproduce either measure. Neither number promises how quickly a newly listed condo will sell.
The Market Action Index was reported as 31, unchanged from the prior month. The article described that level as a slight seller advantage. It should not be restated as proof of strong demand, a guaranteed seller’s market for every condo or future appreciation.
The graphic shows lower inventory, a lower median asking price and a lower price-per-square-foot measure than its April comparison. The original claim that prices were rising was not supported by those displayed asking-price comparisons. Even these declines do not show that every condo lost value: a changing mix of sizes, locations and listings can change an aggregate median.
The report refers to Telluride and ZIP code 81435 but does not document boundaries, exclusions or a reproducible sample. Do not assume it covers only the Town of Telluride, or that Mountain Village and Town condos are interchangeable. Altos Research describes the listing indicators commonly used in these market snapshots.
For a current purchase or sale, compare recent closed transactions and competing units in the relevant building or location. Review condition, size, HOA dues, reserves, assessments, management and permitted use. A stable index reading is one piece of context; it does not resolve a particular condo’s price, expenses or suitability.
For comparable sales, competing listings and property-specific questions in Telluride or Mountain Village, contact Anne-Britt Ostlund at Mountain Rose Realty.