Telluride Q1 2023 Market Update

Telluride Q1 2023 Market Update

telluride independent market update

This current market segment experienced strong upward movement in value for the years of 2020-2022 and several properties traded during this timeframe. During this timeframe, we saw a shortage of new available properties in this market segment and this drove pricing upward. The momentum has slowed considerably however market values are currently stable due to leveling in the economic health and a continued shortage of properties for sale.

 2022 Q12023 Q1%+-
Commercial Sales Volume




Commercial Transactions215


All Sales Tax$10,940,809$3,603,117 
Lodging Taxes$576,111$194,010 



About The Author

Dirk DePagter, Telluride Real Estate Brokers

Dirk DePagter has expertise in both commercial and residential real estate, development and construction, as well as commercial development for condominiums and mixed use buildings. His 40 years of experience includes extensive knowledge of commercial and residential construction in the Telluride region.