What is the median list price for condos in Telluride, CO as of May 30, 2023?

The median list price for Telluride, CO 81435 is $1,975,000 as of this week. This price point has remained relatively stable over recent weeks.

What is the Market Action Index for Telluride, and what does it tell us?

The Market Action Index is currently at 28, down from 31 last month. This index compares the rate of sales versus inventory and currently indicates a slight buyer's advantage in the market.

Is Telluride currently a buyer's market or seller's market?

Telluride is currently a buyer's market. Inventory has increased to 41 units, and the supply of homes listed is growing relative to demand, which suggests prices could resume a downward trend.

What is the current inventory level for Telluride condos?

Current inventory has increased to 41 listings in Telluride, CO 81435, reflecting a growing supply relative to buyer demand.

Check out the condo market in Telluride, CO 81435 (May 30, 2023)

By Anne-Britt OstlundMay 30, 20231 min read

Real Estate Market Updates

THIS WEEK'S TELLURIDE REAL ESTATE MARKET SENTIMENT!

This week the median list price for Telluride, CO 81435 is $1,975,000 with the market action index hovering around 28. This is less than last month's market action index of 31. Inventory has increased to 41.

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Check out the condo market in Telluride, CO 81435 (May 30, 2023) — photo 1

Slight Buyer's Advantage

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Download our free Telluride Market Report by clicking here or on the photo below and get up-to-date information on current trends and projections!

Check_out_the_market_in_Telluride_CO_81435_-_Condo_May_30_2023.pdf

Frequently Asked Questions

What is the median list price for condos in Telluride, CO as of May 30, 2023?: The median list price for Telluride, CO 81435 is $1,975,000 as of this week. This price point has remained relatively stable over recent weeks.
What is the Market Action Index for Telluride, and what does it tell us?: The Market Action Index is currently at 28, down from 31 last month. This index compares the rate of sales versus inventory and currently indicates a slight buyer's advantage in the market.
Is Telluride currently a buyer's market or seller's market?: Telluride is currently a buyer's market. Inventory has increased to 41 units, and the supply of homes listed is growing relative to demand, which suggests prices could resume a downward trend.
What is the current inventory level for Telluride condos?: Current inventory has increased to 41 listings in Telluride, CO 81435, reflecting a growing supply relative to buyer demand.