Published November 29, 2024
October Sales Looking Good
Here are some quick numbers from Teddy Errico, your Telluride Real Estate Expert, with LIV Sotheby's International Realty.
The dollar volume was solid with almost $80 million changing hands. This was a 37 percent increase vs 2023. The number of transactions were up 2%.
As for year to date? The dollar volume is up 17% and number of transactions up 2%.
Overall, this is showing to be a very resilient year. Why? Well, the mortgage rates are still high, as compared to the last 10 years plus. And election years usually show a slow down.
So despite not seeing numbers like the height of the pandemic? We are still on track to be the 3rd best year ever, so still well ahead of the pace of any year prior to 2020.
Contact Teddy for details on any submarket category and other Telluride and Mountain Village Real Estate information.
Ans the early season snow is the best we have seen in at least 5 years, so book that trip to Telluride.
On that note? I'm off to make a few turns on the Telluride Ski Resort myself! See you later!
