Published January 12, 2019
December 2018 Real Estate Data in Telluride
December 2018 Real Estate Data in Telluride, Colorado. Overall the market was off 33% in dollar volume as compared to December 2017. The number of sales in 2018 were similar to 2017, off just 2%.
Why the drop off? Well, December 2017 was the best December of sales since 2012 with over $68 million in sales. The lack of inventory in market segment below $1.5 million doesn't help either.
We will see some increases throughout 2019. One reason is to expect Transfer Telluride to sell its downtown Telluride luxury units upon completion. Price points will be as high as $1500 per square foot.
For now? Just enjoy the great ski conditions that the Telluride Ski Resort offers. In fact, its snowing right now, hard!
Looking for real estate? Check out www.TellurideSelection.com
