TELLURIDE AND MOUNTAIN VILLAGE PROPERTIES

An Inspiring Start for 2010 (CLICK TO VIEW FULL PDF)
Considering the state the national economy has been in for the past two years and how real estate sales have suffered, the Telluride area market kicked off 2010 very impressively. According to data compiled by the Telluride Association of Realtors*, January through April 2010 boasted $171 million in total dollar volume, distributed over 119 transactions. In comparison, the first four months of 2009 totaled $56 million, distributed over 76 transactions, and the last four months of 2009 totaled $105 million, distributed over 129 transactions. This year was therefore 205% above the first four months of 2009 in terms of total dollar volume, and 63% above the last four months of 2009.

Though still a ways off the two biggest years of the decade and in history— 2006 and 2007 ($241 million/289 transactions and $252 million/253 transactions, respectively)—the 2010 figures were a big leap over what the market witnessed in 2009. And, they were ahead of January through April 2008 ($140 million/138 transactions), which was before things officially went south on a global economic scale.

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.

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