Telluride Q2 2023 Market Report
The momentum remains slow however market values continue to be stable due to continued shortage of commercial properties for sale. Commercial properties in Telluride are typically an education process and therefore are slower to transact, we continue to see this slow momentum. Higher interest rates are also slowing down buyer momentum.
| 2022 Q2 | 2023 Q3 | %+- | |
| Commercial Sales Volume | $29,028,605.94 | $11,230,000 |
|
| Commercial Transactions | 21 | 7 |
|
| VACANCY RATE | n/a | n/a | |
| CAP RATE | n/a | n/a | |
| SALES TAX INDICATORS | |||
| All Sales Tax | $11,047,017 | TBD | |
| Lodging Taxes | $580,667 | TBD |
Click here to download the full market update report for commercial, residential, and land for Telluride and San Miguel County.
