TELLURIDE REAL ESTATE FOR SALE
Stewart Seeligson: Telluride’s top broker
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 market started 2017 off strong and has only grown stronger. Through the first quarter of the year, the market is 40% ahead of last year in terms of total dollar volume. This year could be one of the best years ever for the Telluride real estate market. My concern lies in the second half of the year as available inventory declines and newly introduced inventory is likely to come on the market at significantly higher prices.
Since 2010 a whopping 190 homes have sold in Telluride – the most homes ever sold over a 7 year period. The seemingly insatiable demand and limited supply for this segment keep pushing prices up. Vacant parcels are now the most precious commodity putting even greater upward pressure on the price of single family homes. And despite relentless pressure on the inventory of condos, 2017 is well ahead of last year during the first quarter.
The Mountain Village home segment is finally showing signs of a sustained recovery. That trend should continue. Since 2009, Mountain Village condos has been the most consistently improving segment in the Telluride region. The single family home lot segment is the only segment in Telluride and Mountain Village that has failed to show signs of a legitimate recovery – a clear buyers market.