March 2025 Real Estate Market Update

March 2025 Real Estate Market Update

Southwest Colorado - Intermittent snow storms and warm sunny days.


This is the time of year when Southwest Colorado is graced with intermittent snow storms and warm sunny days.

Snake fences are emerging from the snow and summer is on the horizon.

As we enjoy the last month of ski season, Mountain Village is celebrating 30 years as a full-fledged Town, after incorporating in March of 1995. Looking back it's hard to remember a time before the vibrant community we have today and with the Four Seasons Resort preparing to break ground this year it's sure to continue evolving.  

 

March Market Update

Real estate sales in San Miguel County for February continue to lag behind 2024 numbers, and were down 28% in dollar volume but up 25% in number of transactions. The shift may reflect a trend toward more mid-range sales and fewer single, high-dollar transactions. 

If you've been looking for a special property in the Town of Telluride take a look at this Riverwatch condominium. This rare find is across the river in a private neighborhood just steps from the gondola - Click to view.

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

About the author
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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