Real estate sales update from Telluride—activity increases.

This week there was an interesting jump in activity in the Telluride real estate market. Another home went under contract in Mountain Village. This house was priced at $2.39 million. Below is a link to the property where you can find more information. Thus far this year seven houses have closed in the Mountain Village and three are currently under contract. Considering there were very few home sales throughout the entire winter season we are doing quite a bit better now through mid-summer.
http://www.flexmls.com/link.html?otd5pt4s8mi,2,1

This week we also saw one condominium in Mountain Village and one condominium in town go under contract. A two bedroom, two bath Mountain Lodge unit listed at $350,000 and a new Town of Telluride one bedroom, one bath unit listed at $880,000. This week a home in the Town of Telluride closed for $1.595 million as well. Two other homes in the Town of Telluride are currently under contract.

With regard to vacant land it is interesting to note that one 35- acre parcel at Old Elam Ranch at Hastings Mesa went under contract yesterday.

If you have any questions or comments please contact me at buzz@fedorka.com.