Telluride, CO 81435 Weekly Real Estate Market Report - Mountain Rose Realty
Introduction
As the winter season kicks off in Telluride, it's not just the gondola that's in motion; the real estate market is abuzz with activity. In this week's market report brought to you by Mountain Rose Realty, we delve into the latest trends and insights for both housing and condo segments in Telluride, CO 81435.
1) Weekly Market Report - Housing
Median List Price and Market Action This week, the median list price for homes in Telluride, CO 81435 stands at an impressive $8,995,000, maintaining a market action index of 25, similar to the previous month. This indicates a steady and vibrant real estate market in the region. With a slight buyer's advantage, prospective buyers can explore the available inventory of 57 homes.
Real-Time Market Profile Stay ahead of the curve with the real-time market profile:
- Median Price of New Listings: $13,500,000
- Price per Square Foot: $1,653
- Average Days on Market: 258
- Median Days on Market: 140
- Price Decreased: 26%
- Price Increased: 0%
- Relisted: 0%
- Median Rent: $20,000
The Telluride housing market remains robust, offering a diverse range of homes for sale. Whether you're looking for a permanent residence or a seasonal getaway, Mountain Rose Realty is here to guide you through the process.
2) Weekly Market Report - Condo
Median List Price and Market Action For condos in Telluride, the median list price this week is $1,995,000, with a market action index of 31, slightly down from the previous month's 34. Despite this minor shift, the market remains in a slight seller's advantage, providing a balanced landscape for both buyers and sellers. The available inventory comprises 39 condos, ensuring a variety of options for interested parties.
Real-Time Market Profile Key insights into the condo market:
- Median Price of New Listings: $4,485,000
- Price per Square Foot: $1,625
- Average Days on Market: 136
- Median Days on Market: 112
- Price Decreased: 21%
- Price Increased: 0%
- Relisted: 0%
- Median Rent: $6,500
Whether you're a potential homeowner or investor, the Telluride condo market offers opportunities for those seeking a charming mountain retreat or a lucrative rental property.
Conclusion
As you navigate the Telluride real estate landscape, Mountain Rose Realty, led by the experienced Anne-Britt Ostlund, stands ready to assist you in finding your dream home or investment property. Stay informed, stay ahead, and let the journey to your Telluride property begin. For more detailed insights, click here to explore the Telluride market with Mountain Rose Realty.
Frequently Asked Questions
- What is the median list price for homes in Telluride this week?
- The median list price for homes in Telluride, CO 81435 is $8,995,000, with a market action index of 25 indicating a steady and vibrant market. There are currently 57 homes available for purchase.
- What is the median list price for condos in Telluride this week?
- The median list price for condos in Telluride this week is $1,995,000, with a market action index of 31 and a slight seller's advantage. The condo inventory includes 39 available properties.
- How long do homes typically stay on the market in Telluride?
- Homes in Telluride have an average of 258 days on market and a median of 140 days on market, while condos average 136 days and have a median of 112 days on market.
- What is the price per square foot for homes and condos in Telluride?
- Homes in Telluride average $1,653 per square foot, while condos average $1,625 per square foot, reflecting the luxury mountain real estate market in the area.
- What are the median rental rates in Telluride?
- The median rental rate for homes is $20,000 and for condos is $6,500, making Telluride properties attractive for both owner-occupancy and rental investment opportunities.