The April 2022 Telluride Market Summary

The April 2022 Telluride Market Summary from Broker Associate Teddy Errico and the Telluride Transfer Office of LIV Sotheby's International Realty.

Overall, April 2022 saw a slight decrease in dollar volume as the money changing hands dropped just five percent vs 2021.  There still was over $120 million in sales for the month and that is the second-best April ever for the San Miguel County Market.  The number of sales were off fifteen percent.

Year to date we are still up ten percent in dollar volume as compared to the record setting year of 2021.  That is simply incredible.  The number of sales has dropped though, and we are off twenty-one percent.  We think that is typical with the steep increase in pricing and limited inventories.

Of the $455 million that has changed hands in 2022?  The Mountain Village continues to sizzle with $177 million of those dollars.  

Will the market cool as the Feds raise interest rates and consumers get more concerned about inflation and the war in Ukraine?  Or will Telluride continue to shine in the face of this adversity?  

Who knows, but what I do know?  It's going to be a great summer and its time to spend as much of summer as you can in Telluride to forget about all of those real world troubles.