Published March 6, 2024

Big February Real Estate Numbers, Too

Written by Teddy Errico

Well. February 2024 answered the challenge created by January 2024. How? By selling over $92 million in property. and just $3 million off of the best February ever, 2022.

Teddy Errico, your Trusted Advisor with LIV Sotheby's International Realty is even a little surprised, expecting Buyers to calm down a bit with it being an election year, the high mortgage rates and prices continuing to rise. But the Telluride Real Estate Market has continued to show its resiliency.

Versus 2023, February 2024 was up an astonishing 90% in dollar volume and 80% in the number of sales.

The money is staying closer to the heart of the area. Telluride and Mountain Village. Both towns are up considerably as compared to 2023. Telluride up more than double and Mountain Village up 32 percent.

With the Selling season's busiest month commencing, it will be interested to see how February, March and April contracts contribute to this pace, or bring us back down towards the pre pandemic level.

But one thing is for certain? Buyers are still loving Telluride!

And please, pray for snow. We need it!

Big February Real Estate Numbers, Too

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