President's Weekend
Over President's weekend we received 36 inches of snow in 7 days, making for some great skiing.
The holiday weekend was busy with a number of events, including the 25th annual Telluride Comedy Fest!
Real estate sales for January slowed, and were down 37% in dollar volume and 31% in number of sales from January 2024. Looking back 5 years, only January 2023 had lower dollar volume. With just one month of data this could signal a stabilization of the market or just a seasonal anomaly.
As we start the new year, we've seen some spectacular properties come to market, including a penthouse over the Kazahana restaurant in Telluride listed at $23.8 million.
With the busiest weeks of the winter season ahead of us, we expect to see more and more activity.
Should you have questions about specific market segments or would like to know the value of your property, we’d be happy to connect. Feel free to contact us online or give Jim a call at 970-708-2255.
Jim Lucarelli is a seasoned Colorado real estate agent with over 34 years of experience, primarily in the Telluride market. Formerly owner of Real Estate Affiliates of Telluride, he joined Compass in 2020, leveraging their advanced resources. A four-time past president of the Telluride Association of REALTORS® and three-time REALTOR® of the Year, Jim has deep market knowledge, especially in ranch properties. He's also experienced in construction management and actively involved in the Telluride community, serving on several boards.
[email protected] | Office: (970) 728-0213 | Mobile: (970) 708-2255
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