Published May 9, 2025
April 2025 Telluride Market Report
San Miguel County closed out the month with $56.6M across 42 sales—down from $85M over 44 sales in April 2024. Year-to-date, we’ve seen a 28% drop in dollar volume, while transaction counts are nearly flat—just down 1%.
Mountain Village held steady with 26 sales and $30.5M in volume—almost identical to last April. But average prices have come down slightly, now sitting around $1.42M.
Telluride, on the other hand, was quieter, with only 5 sales in April totaling $16M.
What’s driving all this? High interest rates, economic uncertainty, and the Fed holding off on any cuts until late Q3 are all weighing on buyer psychology —And we’re not alone—resort markets like Aspen and Jackson Hole are seeing a similar trend.
That said, there’s still real activity in the market. Mountain Village transaction counts are holding up, and overall sales volume is tracking close to 2023 in terms of units. Buyers are just being more selective—and pricing matters more than ever.
As we head into the summer season, smart pricing and fresh inventory will be key. It’s not a runaway market like the past few years, but it’s a healthy one—just more grounded, and focused on value.
Ken
(970) 708-5601
ken@grodbergrealestate.com
View the Full April 2025 Telluride Real Estate Market Report
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