Published December 22, 2021
November Numbers for Telluride Real Estate
November numbers are in for Telluride Real Estate. It was another banner month and Telluride has officially passed 2020 with the highest dollar volume in our history with over $1.25 billion in sales. Crazy!
Overall November 2021 was slightly off from 2020, with $116 million in sales. That was 31 percent off last years' insane pace. The number of transactions were off just 20 percent.
Year to date the Telluride Market, which encompasses all of San Miguel County, is up 26 percent in dollar volume from last years' record setting pace. The number of transactions are up 21 percent from 2020.
Highlighting November sales was a single-family home in the Idarado Subdivision just east of the town of Telluride. This luxury home closed at $17.5 million.
The demand has not slowed and it remains a Sellers Market.
Stay tuned for an update from December and how the year finishes out.
Pray for Snow and come to Telluride.
Happy Holidays!
