Telluride Luxury Real Estate Market Update | January 2023
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Telluride Luxury Real Estate in December is notoriously a slow month for closing, but a busy month for buying and putting under contract. There is an increase in inventory in Telluride, Colorado with 70 listings, with a higher sale price of $1,549 per square foot. The inventory moved with an average of 134 days on market.
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Frequently Asked Questions
- What was the average price per square foot for luxury homes in Telluride in January 2023?
- The average sale price in Telluride for January 2023 was $1,549 per square foot, reflecting strong pricing in the luxury market despite typical winter seasonality.
- How many luxury listings were available in Telluride in January 2023?
- There were 70 listings on the market in Telluride in January 2023, representing an increase in inventory compared to prior periods.
- What was the average days on market for properties in Telluride in January 2023?
- Properties in Telluride averaged 134 days on market in January 2023, indicating a moderately active selling pace in the luxury segment.
- Is December a good time for home sales activity in Telluride?
- December is traditionally a slow month for closing sales in Telluride, but it's notably busy for new listings and properties being placed under contract, setting the stage for early-year activity.