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 real estate performance in 2018 of the Telluride market continues to indicate that our market is healthy and strong. That message does not come through loud and clear when only comparing 2018 performance to that of 2017. One needs to remember that 2017 was a record performing year across most market segments. Furthermore, 2018 has fought through a winter with the lowest snowfall in over three decades and current available inventory is at notoriously low levels in most highly desired price points.
More homes sold in 2017 in the Town of Telluride than ever before. This year is still lagging behind last year in terms of number of units sold however both total dollar volume and average sale now surpass 2017. More condominium units also sold than ever before in 2017. Thus far, 2018 is significantly off last year’s pace. Despite depleting inventories of lots not yet developed, 13 single family home lots sold in all of 2017. Through August of this year 2 lots have sold in the Town of Telluride compared to 5 last year during the same time period.
The Mountain Village home segment remains stubbornly behind the pace of last year through the first eight months with 12 sales compared to 19 the year before. Although the condo market remains healthy with 43 units sold through the first eight months, the segment has not been able to catch up to last year after this year’s sluggish start. The single-family home lot segment in Mountain Village continues to struggle with a high level of inventory on the market and tepid demand but nonetheless is one of the few segments outperforming last year.