2025 Year End Real Estate Summary

The Year 2025 is over.  So what did 2025 bring to the table of Telluride Real Estate?  Well, lets find out from your Trusted Advisor Teddy Errico at LIV Sotheby's International Realty.

2025 was a good year!

Overall, $868 million changed hands in 2025 in San Miguel County.  That dollar volume was down 14% as compared to 2024. As for the Number of Transactions?  That was also down, but just 7%.

So why would Teddy call that a good year?  The numbers reflected above do not take into account 15 contracts at the Highline project in Mountain Village as well as the contracts at the Four Seasons Development adjacent to the Gondola in Mountain Village.   If these projects do not exist?  Then some of these Buyers would have pulled the trigger on something else, and that would be reflected in the current data.  Add to that?  2025 was still 14% higher than the best pre-pandemic sales year.

The best segment?  Mountain Village saw a 9% appreciation on the value of its property.  That's good news.  Also good news?  December was up 49% in 2025 vs 2024.  

We will have to wait and see what the tarnish is to Telluride from the The Telluride Ski Patrol strike.  Certainly it feels quieter in town, and quieter on the MLS sheet, but we are about 10 days away from Presidents Week and that should tell us a lot.

But for now?  Pray for Snow.