April 2025 Telluride Real Estate Summary

So?  What happened in real estate sales in Telluride, Mountain Village and San Miguel County Colorado in April 2025?  Good thing your Trusted Advisor Teddy Errico with LIV Sotheby's International Realty tracks the market for you.

Well, the market remains off a little bit. April 2025 was off 33% in dollar volume as compared to 2024 and the number of sales down 5%.  Year to date?  April did not help.  down 27% in the dollar volume, and off just 1% in the number of sales.

Why?  Buyers in our market may be gravitating towards a product below the high-end, mainly due to a lack of solid inventory.  

The Town of Mountain Village appears to be the most stable sub category, as April 2024 and 2025 we just about flat. The town of Telluride had a disappointing April with just five sales

A combination of high mortgage rates and uncertainty in the National economy could be the biggest factors to blame, in addition to a not so perfect inventory.  Other resort towns, like Jackson, Wyoming and Aspen, Colorado are seeing similar trends as he head into the start of the Summer season, which in Telluride, kicks off with MountainFilm over Memorial Day weekend.

What could turn us around this Summer?  Sellers dropping prices?  Better inventory?  A positive Stock Market?  Maybe just great weather and the unique lifestyle of our Box Canyon Resort will help too?  Only time will tell.