Telluride Real Estate For Sale
Stewart Seeligson: Telluride’s top broker
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Stewart Seeligson’s business education and diverse real estate experience set him apart from other real estate brokers in the Telluride region.
Since making Telluride his home, Stewart has been an active participant in the local community. He is an annual volunteer at the Telluride Film Festival and a board member of the Telluride Young Life. He is also a strong financial supporter of many Telluride charities including the Telluride Rotary, the Aha School, the San Miguel Resource Center, Telluride One-to-One, and the Volunteer Fire Department.
For buyers, sellers and investors
The Telluride regional real estate market enjoyed a tremendous year in 2017. But was it a peak or just another data point in a market continuing to rise? Unfortunately we will not know for at least another six months because this winter experienced an erratic performance. The lack of snowfall in November and December is most likely cause for the volatile winter, but only summer will tell for sure. Through the first quarter, the 2018 residential market is off 18% in the immediate Telluride region compared to the year before in total dollar volume.
More homes sold in 2017 and for a higher average price in the Town of Telluride than ever before. This year is significantly lagging behind last year through the the first quarter. More condominium units sold than ever before in the Town of Telluride in 2017. Thus far, 2018 is not able to match last year. Despite depleting inventories of lots not yet developed, 13 single family home lots sold in 2017 but only 1 had sold through the first quarter of 2017. Likewise only 1 lot has sold during the same time period in 2018.
The Mountain Village home and condo segments enjoyed thier best year in 2017 in terms of both number of homes sold and the total dollar volume of homes. This year trails last year through the first quarter. The single-family home lot segment in Mountain Village continues to struggle with a high level of inventory on the market and tepid demand. Only two lots sold through March of this year however both lots sold for a higher price than any lot sold for 2017.