May 2024

May 2024

Telluride’s summer festival season begins this weekend with Mountainfilm and spring is in the air. Snow on the mountain tops contrasts with the bright greens on the valley floors and area vistas are stunning this time of year. 

2024 continues to bring record sales in our region, driven by low inventory and high demand. Dollar volume of sales through April was up 26 % YOY and number of sales are up 8%.

With inventory remaining tight those looking for new construction should be happy to hear that two new projects opened up presales sales earlier this month.

The much anticipated Four Seasons hotel and development will be located in the Mountain Village core and offer a selection of 40 hotel and 28 private residences, with construction scheduled to start this fall.

The Highline, also in Mountain Village, features 16 condominiums ranging in size from 3 to 5 bedrooms and located slopeside on the Meadows trail, a short walk from the gondola. 

If you have questions about either of these new developments, the real estate market in general, or what you're property is worth today we'd be happy to jump on a call with you or prepare a report. Feel free to contact us online or give Jim a call at 970-708-2255.

If you're on Instagram or Facebook please consider following us there for more timely updates at @lucarelli.telluridelifestyle and Lucarelli.TellurideLifestyle.

Work With Jim

With a demonstrated expertise in high-end listings and sales, Jim is fluent in all aspects of Telluride real estate and prides himself on a vast array of market knowledge you can’t find online.

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