San Miguel County Single-Family Market Report: August 2026
San Miguel County's single-family market had fewer completed sales through August 2026 than a year earlier, while the year-to-date median sale price was higher. Those facts can coexist in a small, mixed county market. This report keeps the geography, time window and 16-sale sample visible so the figures remain useful without being mistaken for a Town of Telluride price index.
The year-to-date picture
Colorado Association of REALTORS® data through August 2026 recorded 50 new single-family listings and 16 sold listings in San Miguel County. Through August 2025, the report recorded 59 new listings and 25 sold listings. That is a 15.3% decline in new listings and a 36.0% decline in completed sales year over year.
The year-to-date median sale price was $2,065,000, compared with $1,293,000 through August 2025, a reported increase of 59.7%. The average sale price was $3,323,219, up 9.2%. The gap between the median and average, combined with only 16 completed sales, is a reminder that the mix of properties sold can materially move the headline figures.
Pricing, concessions and time to contract
Single-family sellers received 94.3% of final list price on average year to date, up from 93.0% in the comparable 2025 period. The source notes that this measure does not account for seller concessions or down-payment assistance. It should not be read as net proceeds.
Days on market until sale fell from 222 to 181 year to date, a reported 18.5% decrease. This closed-sale measure is different from the time accumulated by homes that remain active, and it is different again from Redfin's time to pending or Realtor.com®'s active-listing days on market.
August inventory was ample relative to the recent sales pace
At the end of August 2026, the county report showed 51 single-family homes for sale and 19.1 months of supply. A year earlier it showed 57 homes and 17.5 months of supply. Inventory was 10.5% lower, yet months of supply was 9.1% higher because supply reflects both available inventory and the pace of sales.
August itself included eight new listings and two completed sales. The source explicitly warns that one-month activity can look extreme when the sample is small. For a property decision, compare the relevant submarket, property type, price band, condition and recent competing listings.
Source, scope and limits
Source: Colorado Association of REALTORS®, San Miguel County Local Market Update for August 2026, current as of September 3, 2026. The report uses data from multiple listing services in Colorado and directs readers to the Telluride Association of REALTORS® for more detailed local statistics.
This is countywide single-family evidence. It is not limited to the Town of Telluride, Mountain Village, luxury property, ski-access homes or any neighborhood. It does not establish appreciation for a particular property, explain why prices changed or predict a future return.
Frequently Asked Questions
- How many San Miguel County single-family homes sold through August 2026?
- The Colorado Association of REALTORS report recorded 16 sold listings through August 2026, compared with 25 through August 2025.
- Was the county median sale price up 59.7%?
- The reported year-to-date median was $2,065,000 versus $1,293,000 a year earlier, a 59.7% increase. With only 16 sales and a varied countywide property mix, this is not a like-for-like price index or a property appreciation rate.
- What does 19.1 months of supply mean?
- It relates current inventory to the recent sales pace. It does not mean every listing will take 19.1 months to sell, and the figure can move sharply when sales counts are small.