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With Telluride in off season, it’s a good time to look back at real estate sales YTD. According to Telluride Consulting, 2006 has ushered in a new record high for dollar volume of sales through the 1st quarter, with $196.2 million through March!
Time Frame
|
Dollar Value |
# of Sales |
YTD March ‘01 |
$108.8 |
189 |
YTD March ‘02 |
$75.7 |
155 |
YTD March ‘03 |
$75.4 |
135 |
YTD March ‘04 |
$141.2 |
164 |
YTD March ‘05 |
$166.1 |
227 |
YTD March ‘06 |
$196.2 |
183 |
Sales of Mountain Village condominiums were a leading segment of the market, with over 40 closings and more than $60 million in dollar volume through March. Mountain Village homes also performed well with a total of 14 sales accounting for over $42 million in dollar volume.
 Looking outside our valley, Wild Skies Ranch has been included in the May/June issue of Mountain Living magazine in an article on ranches. Click on the cover page to see the complete piece in pdf form.
In other regional news, with summer on its way Mountain Village is experiencing a boom in Core related projects, featuring luxury condos, a St. Regis Hotel, and a large development including a new recreation center. See the article below for more information about construction in Mountain Village. In Telluride, the condemnation of the Valley Floor moves on, and Peter Kenworthy summarized the difficult and arduous tasks ahead in a March article in the Telluride Watch.
Despite the off season, things are busy in the Real Estate Affiliates office, and we would love to see you if you are in town.
| Featured Property: Lots 7 & 8, Tomboy Road » |
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 At 19+ acres this exceptional, oversized parcel is perched just above the Town of Telluride with breathtaking views of the town and the surrounding peaks and all-day sun. It borders USFS land, offers excellent hiking and biking out your back door, and the neighborhood is quickly becoming one of the hottest in Telluride. Located outside the city limits, the county zoning allows for a larger-than-normal home with no HARC review or real estate transfer tax. This is a showpiece property; there is nothing else like it.
Offered at $6,700,000
View Complete Listing Information »
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Mountain Village Leads Season's Construction Charge » |
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The Telluride Watch
Published: 4/14/06
By Peter Kenworthy
The county’s slow, Telluride’s so-so, and the Mountain Village is go-go-go. That, more or less, is how the 2006 construction season appears to be stacking up based on interviews with local building officials, developers and builders. But, things could change. Particularly with larger projects, timing is rarely definitive. A tweak here by the developer, a pre-sale requirement there by the banker, here a HARC fillip, there a P&Z caveat, and groundbreaking can swiftly move from spring to summer to next year. And, conversely, a project can become suddenly infused with urgency and purpose and move from the drawing board to a hole in the ground far faster than anyone had supposed.
Read More...
Reprinted
with permission from The Telluride Watch.
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| Condemnation Attorney Gives Straight Talk » |
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The Telluride Watch
Published: 3/17/06
By
Peter Kenworthy
In her introductory comments at a Telluride Town Council work session on Tuesday, special attorney Leslie Fields said that the town’s condemnation case, with which she has been involved since 1999, is “one that I feel very strongly about.”
Fields, a partner in the Denver law firm Faegre & Benson, has a reputation as one of the leading eminent domain attorneys in Colorado. At Tuesday’s session, she updated council and the public on the status of the town’s condemnation case against the San Miguel Valley Corporation, owner of the Valley Floor, gave her opinion about the extent of access to executive sessions that should be afforded to an advisory commission, and answered questions to do with condemnation, generally, and the town’s suit, specifically.
Read More...
Reprinted
with permission from The Telluride Watch.
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| Aux Pieds des Pistes, 187 San Joaquin, Mountain Village » |
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 Facing the San Sophia mountain range and nestled in the trees on a Mountain Village estate lot of over 2 acres at the top of San Joaquin Road, Aux Pieds des Pistes is a classic mountain residence with easy ski access.
Offered at $6,450,000
View Complete Listing Information »
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| Wild Skies Ranch, 2132 Anderson Rd, Wilson Mesa Ranch » |
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 Wild Skies Ranch is an exceptional offering for the equestrian enthusiast.
Just 16 miles from Telluride, the ranch features a spacious 5-bedroom
main house, guest quarters over the 3-car heated garage, and 4
fenced grazing pastures.
Offered at $4,399,000
View
Complete Listing Information »
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| 232 North Willow, Town of Telluride » |
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 Located in one of the best neighborhoods in town, this 3-bedroom, 2-bath plus loft home has a lot of potential. The 1,721-sq.-ft. main house has an upstairs kitchen/living room. A 330-sq.-ft. guest house outfitted with 6 skylights, custom-made wood and steel finishings sits behind the main residence.
Offered at $1,770,000 - New Price!
View Complete Listing Information »
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Lot 4, North & East Hillside, Telluride » |
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 Located high on the sunny side of Telluride, this .23-acre town lot is four times the size of a regular town lot and offers inspiring views in every direction and all-day sun. This neighborhood provides exceptional design flexibility and is quickly becoming one of the hottest in Telluride. Access to the lot is from Gregory Avenue and the property offers excellent hiking and biking out the backdoor. Build your dream house here and enjoy the twinkling lights of Telluride at night and all day sunlight during the day!
Offered at $2,200,000
View Complete Listing Information »
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| 744 Wapiti Road, Ski Ranches » |
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 Built in 1999, this 3-bedroom, 3-bath log home is set on 1.4 acres in the beautiful Telluride Ski Ranches, minutes from Mountain Village and the Town of Telluride. The spacious lot offers room for expansion and the rustic cabin is very private, nestled among mature Aspen and Pine trees.
Offered at $1,195,000
View Complete Listing Information »
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| Lot 719,
155 Adams Ranch Road, Mountain Village » |
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 Comprised of .75 acres, this beautiful lot has tremendous 360-degree views including the Wilson Mountains and the San Sophia Mountain Range. Located on the 8th fairway of the Telluride Golf Course, this prime spot gives you first-rate golf access and is conveniently situated for skiing.
Offered at $950,000
View
Complete Listing Information »
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| Market Activity » |
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Telluride/Mountain
Village MLS
March 14 - April 20, 2006
Single
Family Homes
|
|
| 4 closed |
average
price (sold) $2,980,000 |
| 10
under contract |
average
price (asking) $2,938,100 |
Vacant
Land
|
|
| 5
closed |
average
price (sold) $964,000 |
| 30
under contract |
average
price (asking) $1,896,966 |
Condominiums
|
|
| 19
closed |
average
price (sold) $797,275 |
| 57
under contract |
average
price (asking) $1,557,946 |
Commercial
|
|
| 0
closed |
average
price (sold) $0 |
| 2
under contract |
average
price (asking) $1,385,000 |
| Fractionals |
|
| 7 closed |
average
price (sold) $108,285 |
| 10
under contract |
average
price (asking) $107,360 |
All information from Telluride MLS
- deemed reliable but not guaranteed. |
| Calendar of Events » |
|
April
21-23 |
Talking Gourds Spoken Word Festival |
May
25 |
Gondola Reopens for summer season |
|
26-29 |
MountainFilm in Telluride |
| June 3-4 |
Balloon Festival |
| 8-10 |
Wild West Fest to benefit the Sheridan Opera House |
| 15-18 |
33rd Telluride Bluegrass Festival |
| 22-25 |
25th Telluride Wine Festival |
| 23 |
TCAH Arts Festival |
| 28-4 |
Telluride Plein-Air - National landscape artists paint regional scapes and exhibit and auction their work to fundraise for the Sheridan Arts Foundation |
| July 1 |
Red, White & Blue Concert - Complementary ice cream, music, inflatable kid's playhouse and giant costumed characters in the Mountain Village Core |
| 4 |
July 4th Celebrations - Parade on Main St (11 AM), BBQ picnic & games in the Town Park, Fireworks in the evening |
| 15 |
Cajun Fest - Enjoy funk & cuisine from New Orleans in Mountain Village |
| 15-16 |
Hardrock 100 - A grueling 101-mile run from Silverton, through Telluride, and back to Silverton |
| 22-23 |
KOTO Doo-Dah Concert - Two live performances TBA in the Town Park |
| 28-30 |
Clemson 4-Wheel/Telluride Rotary 4x4 Tour - Guided 4x4 tours in your own vehicle |
| Aug 3-6 |
Telluride Jazz Celebration |
| 10-13 |
Telluride Chamber Music Festival |
| 11 |
KOTO Duck Race at Telluride Town Park |
| 11 |
Ah Haa Art Auction - Raising money for the Ah Haa School's education programs |
| 12-13 |
Telluride Tech Fest |
| 18-20 |
Telluride Culinary & Art Festival |
| Sept 1-4 |
33rd Telluride Film Festival |
| 9 |
Imogene Pass Run - Gaining more than 5,000 vertical feet, this 17-mile course begins in Ouray and ends in Telluride |
| 10 |
Gray Head Gold Rush - Bike race for all ages |
| 15-17 |
Telluride Blues & Brews Festival |
*Dates are subject to change, to confirm go to www.visittelluride.com
View
Our Website Calendar »
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