Published September 17, 2020
Record Setting August 2020 Sales
Record Setting August 2020 Sales for the Telluride Market. Overall the month of August saw a 92% increase in dollar volume versus 2019 and a 36% increase for the number of transactions.
Its flat out insane out there.
Over $125 million of property changed hands!
Leading the charge was the town of Telluride with 47% of the sales, while the town of Mountain Village chipped in with 33%.
The old monthly high was $96 million in December of 2019, led by the sales in Transfer Telluride.
The COVID pandemic has really fueled sales, along with historically low interest rates, urban unrest, a solid Stock Market and the fact that Telluride remains one of the coolest towns in North America.
And trust me, I am seeing how busy Realtors are right now. We are not slowing down. The inventory reduction is just creating the urgency to make Buyers act, or risk losing out, or paying more down the line.
The Ski Area has also announced season pass sales, and we are all getting excited to ski and ride again.
