Published December 15, 2022

November Market Report- Telluride 2022

Written by Teddy Errico

November Market Report- Telluride 2022 header image.

Here is your Telluride Real Estate Market Snapshot from your Trusted Advisor at LIV Sotheby's International Realty, Teddy Errico.

November continues the trend of seeing the market return to the normal pace of pre-pandemic times.  Overall, we saw November 2022 dollar volume dip 33 percent as compared to 2021 and the number of transactions dropped 54% off the pace as well.

This was the slowest November since 2018.

However, the average price per sale in San Miguel County continues to go up, as evidenced by the 30% increase, showing the lack of inventory maintaining a feel and truth of it still being a Sellers' Market.

Highlights of the month were a $14.5 million dollar sale at on 369 East Galena Avenue in historic Telluride and an $11 million at the Telemark complex in Moutain Village.

Keep in mind that 2022 will be the second-best year of real estate dollar volume in the history of San Miguel County Colorado Real Estate!  



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