TELLURIDE AND MOUNTAIN VILLAGE PROPERTIES

Telluride Market Performance Similar to that of the Nation
According to data compiled by the Telluride Association of Realtors*, real estate totals for dollar volumes and sales numbers in the Telluride region (including San Miguel County and other neighboring counties) for the first four months of the year came in at $89 million, distributed over 157 transactions. These figures are significantly lower than 2010, where January through April totaled $171 million over 84 transactions (Note: The $171 million figure includes a $47.5 million sale in April). While sales numbers were almost double in 2011, dollar volume was down 48% in 2011 over 2010. But Telluride was not alone in this pattern of activity as all over the country, first quarter sales were down. According to data from Standard & Poor's Case-Shiller housing index, U.S. home prices fell 4.2% in the first quarter of 2011. (CLICK TO VIEW FULL ARTICLE)

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If you're interested in buying or selling your property in the Telluride region, or simply wondering what it may be worth, please contact Telluride Mountain Village Properties.

Interested in Foreclosures in the Telluride Area?

Foreclosure filings picked up in San Miguel County, of which Telluride is the county seat, in 2007 as they did in most of the country. The number of filings continued to increase until late in 2010, when they seemed to level off. There are still many properties on the list, though. Foreclosed properties are often outstanding values for buyers as the foreclosing banks look to dispose of these properties quickly. It pays to deal with an experienced and professional real estate broker who can navigate the sometimes difficult world of foreclosing and foreclosed properties. Click here for a breakdown, by Area and Type of Property, of the properties currently on the San Miguel County foreclosure list.

	3 Bedroom/3 Bath Condo