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Telluride Market

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In Telluride, Telluride Market, resources

Telluride Real Estate Sales Spike in October

San Miguel County’s real estate market showed some encouraging figures last month, as it was the second biggest October in history, in both number of sales and dollar volume of sales, and it brought 2012 year-to-date sales figures to their highest point since the record-setting year of 2007.

According to statistics compiled by Telluride Consulting’s Judi Kiernan, the number of San Miguel County real estate sales in October reached 46, a 70 percent increase from the 27 sales that were recorded in the same month last year. That figure also comes close to the record 2007 October figure of 49.

In terms of dollar volume, October sales reached $49.1 million, which is an increase of 132 percent over the $21.2 million sold in October 2011. So far this year (through October) a total of 355 properties changed hands, marking a 9 percent increase from this time last year. The year-to-date dollar total of $261.1 million is a 22 percent increase from 2011.

“2007 was our biggest year ever in terms of dollars and sales numbers, and the fact that this is the next best year to date, I think it’s significant,” Kiernan said. “We are not back to 2007 but it is a big step forward. It is important to say that we have come back from a really terrible start to the year.”

Click here to read the entire article. 

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In Aspen, Aspen Market, Park City, Park City Market, Telluride, Telluride Market, resources, Vail and Beaver Creek, Vail and Beaver Creek Market

Ten Spectacular Slope-Side Retreats

Last week the Sotheby’s International Realty® brand launched the specialty market website, skipropertySIR.com. The site connects the most discerning buyers and sellers of exceptional ski-type properties around the world.  We complied a list of the 10 Most Spectacular Ski-in/Ski-out Homes currently on the market:

1. Telluride, Colorado | $12,900,000 | Telluride Sotheby’s International Realty :  Located just steps from the trails of the Telluride/Mountain Village Ski Resort, this newly completed private residence was construct with stunning details and warm inviting spaces.

2. Aspen, Colorado | $10,900,000 | Aspen Snowmass Sotheby’s International Realty:  This château-style home with world class ski-in/ski-out access, is located in the recreational winter paradise of Aspen Highlands and boasts spectacular views overlooking the lower Maroon Creek Valley and the upper Roaring Fork Valley.

Click here to see the rest of the amazing ski properties.

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In Luxury Home Market, Telluride Market, resources

Luxury Markets Heat Up Across the US

Last month Lawrence Yun, the chief economist for the National Association of REALTORS®, delivered his state of the union address to the members of the association at the annual meeting in Anaheim, CA.  During the presentation Yun shared the myriad of data that he uses to analyze the housing market across the US. After more than thirty slides of charts and graphs depicting various trends and aspects of the market, Yun summarized by stating that current record low interest rates in conjunction with the very high affordability of residential property has created a once-in-a-generation opportunity to buy property throughout the real estate spectrum.
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In Telluride Market, resources

Telluride Reports Spike in August Real Estate Sales

The Telluride Daily Planet recently reported a spike in real estate sales in August for San Miguel county which includes Telluride and Mountain Village Colorado.

“A spike in August real estate numbers offered a bright spot in the San Miguel County housing market…At $168 million, the 2011 year-to-date dollar volume is trailing behind last year’s $237 million, but the number of sales this year has surpassed the mark set in 2010. Some Telluride real estate brokers appear cautiously optimistic that end-of-year sales will improve over last year.”

Click here for the complete news article.