Click here for the Winter 03/04 Update

Telluride and Mountain Village Market Analysis

Yes, the Telluride regional real estate market has risen dramatically in the last 7-10 years. Did you miss the opportunity…NO! The effects of supply and demand have a profound impact on values in the Telluride real estate market. Supply constraints on new properties entering the marketplace are substantial and rigid. Therefore as DEMAND continues to rise, VALUES will also rise.

Here in beautiful Telluride, we are surrounded by 13,000 foot peaks, all of which are in BLM or Forest Service land. That means that the only the surrounding mesa’s or the Telluride valley floor are developable. This means that Telluride will FOREVER be protected. This coupled with the county ordinance that the mesa properties CANNOT be subdivided into parcels less than 35 acres creates a definitive cap on the total developable property. These two factors are what keeps the supply of new real estate parcels low.

We encourage our friends and clients to consider a basic economic principle:

Where scarcity exists and demand remains high, values will rise.

Due to the very real impacts of market supply and demand here in Telluride, the annual appreciation rates have been incredible during the last decade.

An investment in Telluride real estate is an investment in lifestyle. There are very few investments that afford the investor both financial gain, as well as personal enjoyment. Personal enjoyment, in conjuncture with historical strong appreciation rates, make the Telluride real estate market a compelling investment vehicle.

Winter 03/04 Update