Telluride Market Update
June officially kicked off the summer selling season, and much of the activity reflected in this report stems from contracts signed during the tariff influenced April and May. Notably, the spring market was quieter than usual as buyers responded to the economic uncertainty of new or anticipated tariffs. The highest recorded sale of the month at 145 Cortina, which closed at $11,675,000 achieving just over $2,000 per square foot is a strong indicator of continued demand in the luxury segment.
New listings are hitting the market daily, helping to create a more balanced inventory selection. As we move deeper into the summer, this growing inventory is expected to support healthy market dynamics and offer more opportunities across price points.
