Telluride Real Estate: 2009 A Year End Summary

Overall both the dollar volume and number of transactions were down in 2009 as compared to 2008, but this decline is leveling off as after a strong 4th quarter, the total dollar volume was down by just 3% and number of transactions down 11%. Final dollar volume for Telluride regional (San Miguel County) Real Estate Sales for 2009 stood at $334.1 million Sam Miguel County Real Estate, overall, saw a compound annual growth of 5% in dollar volume over the past 10 years and a whopping 18% over the last 5 years. Specifically, the Town of Mountain Village had an increase of 19% in 2009 in dollar volume and fared much better than the historic town of Telluride. If you need an analysis on a specific location, like Aldasoro or the Ski Ranches, don t hesitate to contact the office of Realtor Teddy Errico. Lets hope we see continued improvement in early 2010. I will keep you posted.

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