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Land Sales on the Rise in Q3
We can’t believe 2022 is just around the corner – and the real estate market is still humming along here in Telluride. Through Q3, sales have surpassed $1B and are on pace to topple last year’s $1.16B record.
Want all the details? Click here to read the full Q3 report, or take a peek at some of our insight below.
There may not be an abundance of properties, but our team has been working hard to find properties and win negotiations for our clients to be able to call Telluride home. Values have continued to soar and we don’t think it will slow down anytime soon.
Not only is inventory scarce in the Town of Telluride leading to a decline in sales and dollar volume, but a ballot measure regarding short-term rentals set to be voted on in November is also making an impact on this year’s numbers.
Click here to see Anna address some of the questions regarding the ballot measure or click here to read the measure in its entirety. This measure can only be voted on by residents who reside in Telluride proper.
Due to dwindling residential inventory and fewer properties available in town, many are turning toward vacant land outside of town to build their dream Telluride homes.
Want more personalized details about your specific home or real estate search? We can help. Whether you’re looking for more insight about the current real estate market or simply want some local tips about the best ski runs to hit, don’t hesitate to contact us. We’d love to show you around.
