May 2019 Sales Update

May 2019 Sales Update

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May sales were weird. Dollar amount of sales were down 50% and the number of sales were down 31%. This big drop was mostly due to no home sales in the town of Telluride and no home sales in the Mountain Village. I don’t remember that ever happening before. Before you...

2018 In Review – Telluride Area

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The dollar amount of sales in Telluride for 2018 was down 13% as compared to 2017 and the number of sales were down 19% during the same comparison year.

Telluride Update September

Telluride Update September

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Sales through August are down 18% in dollars and down 28% in the number of sales. The culprit seems to be lack of either affordable or desirable inventory. The buyers are out there, waiting to pounce on their dream property, but they don’t like what is currently...

How’s the Market?

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Generally, it takes a full quarter of market stats to just begin to see a trend, if there is one. This year is no exception. For the first four months of 2018, the real estate market is down 20% in the dollar amount of sales as compared to the first four months of 2017...

4th quarter sales up

4th quarter sales up

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November sales were up 10% in dollars and down 17% in the number of sales. Since January first of 2017, dollar amount of sales are up 35% and the number of sales are up 13% with one more month to go.