Published March 6, 2025
February 2025 Telluride Market Report
The February 2025 report shows a cooling yet resilient San Miguel County market. Total sales volume fell to $66.5 million from $92.3 million last February, with 45 transactions compared to 36. Year-to-date, sales reached $118.7 million over 74 deals, down from $175.3 million over 65 transactions.
Despite the lower total dollar volume, the market's resilience is evident in the increased number of transactions, suggesting that demand remains strong, with the sales volume only off by 10% of the five-year average ($73.7 million) and the number of transactions up 7% from 42 (Feb. '20-'24) to 45 (Feb. '25).
Furthermore, the Telluride market has reported $38.6 million in sales year-to-date, accounting for 33% of the county's total monthly sales. Buyers continue to find Mountain Village and its surrounding areas appealing, particularly in the single-family home and condominium markets, offering a more competitive price per square foot and more inventory to choose from. As a result, Mountain Village is becoming an attractive alternative for buyers.
Please don't hesitate to contact me if you have any questions about February's Market Report or would like more detailed information about specific areas or properties.
Ken
(970) 708-5601
ken@grodbergrealestate.com
View the Full February 2025 Telluride Real Estate Market Report
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