sales volume is up year over year
Even though 2026 has seen significant continued global unease and many would-be buyers remain nervous, sales volume is up year over year.
Some economic indicators remain strong as the stock market and luxury real estate continue to defy expectations. Like the stock market, most of our volume is concentrated in a small upper echelon, particularly in The Towns of Telluride and Mountain Village, which greatly impact our small market.
We continue to see dollar volume remain strong while the number of transactions lag and inventories rise.
it’s a great time to buy your dream home!
The time has never been better to take advantage of current market conditions and buy your dream home!
We have begun to see a slowdown in pending contracts coming out of our usually hottest sales season. Only two condos in MV are under contract that are not under construction. In Telluride, there are seven. Telluride and MV each have only two homes under contract. The same happened at the end of the second quarter in Aspen, when the Wall Street Journal cried panic in the market. By the end of the third quarter, Aspen roared back, matching 2025 dollar volume. Of course, this was driven by the market’s high end in preferred locations.
GOOD REASON FOR OPTIMISM
Relying on the high end of the market means you need to price correctly and present your best to the discerning eye. Location, Pricing, Quality, and Comparable Sales are increasingly important. For the rest of the market, this proves even more important until certainty trickles down to other price points.
Looking long term through the windshield, there is good reason for serious optimism, as investors are putting billions of dollars to work in our market. Construction of new, signature homes is at an all-time high. Sales taxes and real estate transfer taxes are very strong, resulting in key infrastructure improvements: medical facilities, roads, airport hangars, and more. Add a Four Seasons and a few new exceptional restaurants, and Telluride looks ready for Super El Niño!
This Telluride Real Estate Market Update is courtesy of Telluride Properties.
Want more personalized details about your Telluride real estate search? The Shimkonis Partners team can help. Whether you’re looking for more insight about the current Telluride real estate market or simply want some local tips about the best ski runs, don’t hesitate to contact Shimkonis Partners or start your Telluride area real estate search now! We’d love to show you around.
