Published September 20, 2024

August Real Estate Sales- BOOM

Written by Teddy Errico

The Second Best August EVER!

The numbers for Telluride, Mountain Village and San Miguel County Real Estate have remained very strong through August 2024.

With $121 million in sales, August only trailed the best August in 2020 by $5 million. Wow. The impacts of mortgage rates and election year shenanigans have yet to be felt.

This is the largest month of sales since September 2022.

Year to date we are up 18% in dollar volume as compared to 2023 and on track to be the third best year ever for San Miguel County Real Estate Sales. The Number of sales is also up a modest 4%.

The only market segment that was off a little was Mountain Village, off just 7%, from 2023 in average sales price, but that could be due to less quality inventory.

Please contact Teddy Errico, your Trusted Advisor with Telluride LIV Sotheby's International Realty for more information on the Telluride Real Estate Market or for a property analysis.

Stay tuned to Teddy for all things Telluride!

August Real Estate Sales- BOOM

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