Published January 31, 2023

Teddy's 2022 Year End Market Report Video

Written by Teddy Errico

Check out the 2022 Year End Telluride Real Estate Marker Report from your Trusted Advisor Teddy Errico at LIV Sotheby's International Realty.

Watch video here

Bottom line is that 2022 was off 22% as compared with 2021, but still surpassed $1.1 Billion in sales to be about flat with 2020 and the 3rd best year on record for San Miguel County. The average price per transaction was up 26% in 2022 as compared to 2021 and the average price per property sale is now at $1.9 million.

The market feels a little sluggish and heading towards a pre-pandemic pace, except for one place. The Town of Mountain Village. With 18 contracts and $85 million in volume, the Mountain Village is poised to have a fantastic start of the season. An additional $13 million has already closed.

For any specific market segment analysis, contact Teddy to guide you through the waters of buying or selling Telluride Property.

Teddy's 2022 Year End Market Report Video

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