February 2025 Real Estate Sales

Well, no way to sugar coat a sluggish February,  Overall the Telluride Real Estate Market was down 25% in the number of sales and 28% in the dollar volume.

Well what can Teddy Errico, your Trusted Real Estate Advisor with LIV Sothebys International Realty tell you about it?

I hate to say it, but the uncertainty created by Donald Trump is not helping one bit. Tarrifs, firings, etc...  Just not good.

I'm also seeing those mortgage rates hold people up from buying.  47% of the deals in February were cash!

Add in some volatility in the inventory?  Some segements have very little to sell.

Some mismanagement from the Telluride Ski Resort that has hit the press has not helped Telluride either, and could hurt us a little bit.

March and April Numbers will help to define the market and story.  USually we see a bumo in action from the February Presidents week break, led by Metropolitan New York Buyers and March Spring Break is led by our best feeder markets in Texas, Dallas, Houston, San Antonio, and Austin.

But there are certainly a few value segements, lower end condos in teh town of Telluride are selling below their COVID highs, for example.

But for now?  We got almost a foot and a half of snow this week, so I'm going skiing! Bye!