Q3 REPORT 2026
ACTIVITY
105 Pandora Lane, Idarado Legacy - Offered at $23,500,000
Even though 2026 has seen significant continued global unease and many would-be buyers remain nervous, Sales volume is up year over year. Some economic indicators remain strong as the stock market and luxury real estate continue to defy expectations. Like the stock market, most of our volume is concentrated in a small upper echelon, particularly in The Towns of Telluride and Mountain Village, which greatly impact our small market. We continue to see dollar volume remain strong while the number of transactions lag and inventories rise. The time has never been better to take advantage of current market conditions and buy your dream home now! We have begun to see a slowdown in pending contracts coming out of our usually hottest sales season. Only two condos in MV are under contract that are not under construction. In Telluride, there are seven. Telluride and MV each have only two homes under contract. The same happened at the end of the second quarter in Aspen, when the Wall Street Journal cried panic in the market. By the end of the third quarter, Aspen roared back, matching 2025 dollar volume. Of course, this was driven by the market's high end in preferred locations. Relying on the high end of the market means you need to price correctly and present your best to the discerning eye. Location, Pricing, Quality, and Comparable Sales are increasingly important. For the rest of the market, this proves even more important until certainty trickles down to other price points. Looking long term through the windshield, there is good reason for serious optimism, as investors are putting Billions of dollars to work in our market. Construction of new, signature homes is at an all-time high. Sales taxes and real estate transfer taxes are very strong, resulting in key infrastructure improvements: medical facilities, roads, airport hangars, and more. Add a Four Seasons and a few new exceptional restaurants, and Telluride looks ready for Super El Niño!
#
$
9% compared to 2025
13% compared to 2025
$1.42B
$1.16B
$1.1B $1.04B
944 $868.3M
$865.7M
814
$724M 582 445
483
448 303
2020
2021
2022
2023
2024
2025
2026 ytd
# o f Tr ansac t i on s San Mi g u e l Co unt y
2020
2021
2022
2023
2024
2025
Dol l ar Vo l u me San Miguel C ount y
3289 Laughing Dog Road, Placerville - Offered at $6,900,000 The information represented above is compiled from Telluride Consulting data ytd as of 9/30/26 and represents all sales in San Miguel County.
2026 ytd
Town of Tel luride Under Contract
Number Sold
Sold Price Range
Median Sold Price
Median % Off Asking $
2-3 Bedrooms
0
7
$1,706,710 - $7,600,000
$4,000,000
6%
4 Bedrooms
1
5
$2,445,000 - $14,300,000
$8,110,000
2%
5+ Bedrooms
1
5
$8,670,000 - $16,400,000
$12,300,000
2%
Studio & 1 Bedrooms
4
7
$700,000 - $1,580,000
$1,015,000
6%
2 Bedrooms
3
14
$1,275,000 - $4,700,000
$1,686,500
4%
3 Bedrooms
1
12
$1,950,000 - $4,600,000
$2,806,250
3%
4 Bedrooms
1
1
$17,500,000
$17,500,000
7%
5+ Bedrooms
0
1
$1,750,000
$1,750,000
11%
2
7
$700,000 - $17,500,000
$2,650,000
0%
Single Family Homes
Condominiums
Vacant Land All
The information represented above is compiled from the Telluride MLS ytd as of 9/30/26 and includes the Idarado Subdivision & Valley Floor. It excludes deed-restricted, commercial, & fractional properties.
ytd 2026
as of 9/30/2026 there have been 59 residential sales in the Town of Telluride for a total dollar volume of $256,902,089.
$ 17
43% compared to 2025
7
#
11% compared to 2025
35
$135,200,089
$31,150,000
$90,552,000
HOMES
LAND
CONDOS
764 Primrose Lane, Town of Telluride - Sold 9/29/26 for $10,875,000 Listed by Telluride Properties
Town of Tel luride Number Available
Asking Price Range
Median Asking Price
2-3 Bedrooms
5
$1,950,000 - $5,295,000
$3,995,000
4 Bedrooms
5
$5,795,000 - $12,500,000
$7,495,000
5+ Bedrooms
11
$5,150,000 - $23,500,000
$14,000,000
Studio & 1 Bedrooms
11
$675,000 - $1,474,800
$985,000
2 Bedrooms
6
$1,350,000 - $4,750,000
$1,558,500
3 Bedrooms
5
$2,500,000 - $5,795,000
$3,498,000
4 Bedrooms
11
$3,375,000 - $8,500,000
$4,695,000
5+ Bedrooms
1
$12,200,000
$12,200,000
16
$649,000 - $6,400,000
$2,492,500
Single Family Homes
Condominiums
Vacant Land All
The information represented above is compiled from the Telluride MLS ytd as of 9/30/26 and includes the Idarado Subdivision & Valley Floor. It excludes deed-restricted, commercial, & fractional properties.
501 East Colorado Avenue, Town of Telluride - Offered at $17,500,000
Mountain V il lage Under Contract
Number Sold
Sold Price Range
Median Sold Price
Median % Off Asking $
3 Bedrooms
0
2
$4,600,000 - $4,650,000
$4,625,000
6%
4 Bedrooms
1
6
$4,895,000 - $8,850,000
$5,638,817
2%
5+ Bedrooms
2
12
$3,150,000 - $23,000,000
$9,242,500
5%
Studio & 1 Bedrooms
0
12
$325,000 - $1,335,016
$413,750
3%
2 Bedrooms
0
10
$900,000 - $4,350,000
$1,397,500
3%
3 Bedrooms
7
9
$1,337,500 - $4,500,000
$2,850,000
6%
4 Bedrooms
9
8
$3,000,000 - $6,500,000
$4,373,750
6%
5+ Bedrooms
5
1
$5,050,000
$5,050,000
4%
4
8
$185,000 - $3,000,000
$1,250,000
9%
Single Family Homes
Condominiums
Vacant Land All
The information represented above is compiled from the Telluride MLS ytd as of 9/30/26 it excludes deed-restricted, commercial, & fractional properties.
ytd 2026
as of 9/30/2026 there have been 68 residential sales in Mountain Village for a total dollar volume of $273,322,150.
$ 20
#
8%
compared to 2025
8
24% compared to 2025
40
$167,772,634
$10,965,000
$94,584,516
HOMES
LAND
CONDOS
112 Snowfield Drive, Mountain Village - Sold 7/9/26 for $11,350,000 Listed by Telluride Properties
Mountain V il lage Number Available
Asking Price Range
Median Asking Price
3 Bedrooms
2
$4,600,000 - $8,250,000
$6,425,000
4 Bedrooms
7
$5,195,000 - $11,995,000
$6,799,000
5+ Bedrooms
14
$6,950,000 - $32,000,000
$13,700,000
Studio & 1 Bedrooms
16
$352,000 - $850,000
$555,000
2 Bedrooms
11
$1,045,000 - $4,250,000
$2,695,000
3 Bedrooms
13
$1,675,000 - $5,875,000
$4,200,000
4 Bedrooms
9
$4,774,000 - $12,446,000
$6,395,000
5+ Bedrooms
4
$8,500,000 - $11,000,000
$9,875,000
38
$170,000 - $32,500,000
$2,875,000
Single Family Homes
Condominiums
Vacant Land All
The information represented above is compiled from Telluride MLS data ytd as of 9/30/26, it excludes deed-restricted, commercial, & fractional properties.
741 Mountain Village Boulevard, Mountain Village - Offered at $13,900,000
Surround ing Areas Under Contract
Number Sold
Sold Price Range
Median Sold Price
Median % Off Asking $
Turkey Creek Mesa
2
4
$1,400,000 - $$6,050,000
$3,625,000
2%
Deep Creek Mesa
0
5
$1,220,000 - $9,500,000
$1,700,000
9%
Down Valley
1
5
$499,000 - $2,350,000
$1,350,000
8%
Wilson Mesa
3
2
$1,185,000 - $2,550,000
$1,867,500
9%
Specie Mesa
0
4
$582,500 - $2,650,000
$1,900,000
11%
Hastings Mesa
1
10
$308,000 - $38,000,000
$1,075,000
0%
Iron Springs/Horsefly Mesa
1
6
$250,000 - $11,030,000
$1,110,000
1%
Ilium/Ames
0
2
$1,250,000 - $1,799,000
$1,524,500
0%
Ophir
0
12
$250,000 - $1,780,000
$340,000
2%
(Turkey Creek Mesa) Alta Lakes, Elk Run, Preserve, Raspberry Patch, Ski Ranches, Skyfield, and West Meadows (Deep Creek Mesa) Aldasoro Ranch, Deep Creek Ranches, Diamond Ranch, Falls at Telluride, Golden Ledge, Gray Head, Last Dollar, Meadows at Deep Creek, Redtail Estates, and Sunnyside Ranch (Down Valley) Fall Creek, Sawpit, Placerville (Wilson Mesa) Elk Creek Reserve, Muddy Creek Meadows, Ptarmigan Ranch, and Wilson Mesa Ranches (Specie Mesa) Estate Ranches, Great American, Little Cone Ranch, Peninsula Park, Peninsula Pines, Peninsula Point, Specie Mesa Ranch, Specie Wilderness, The Peninsula, and Top of the World (Hastings Mesa) Alder Canyon Ranches, Beaver Pond, Cradle Park Ranches, Finnegan Ranch, Hastings Mesa Estates, Last Dollar Tracts, Little Lake Ranches, Old Elam Ranch, Pleasant View, San Juan Vista, Telluride Pines, and Willmeng Springs (Iron Springs/Horsefly Mesa) Anderson Ranch, Big Valley Ranch, The Bluffs, Brown Ranch, Canyon Creek Ranch, Colt Meadows Ranch, Cornerstone, Dancing Bear Ranch, Eagle Ridge Ranch, Elks Summit, Frontier, Golden Bear Ranch, Gracie Sky Mountain Ranch, Lakes at Carstens Ranch, McKenzie Spring Ranch, Panorama Acres, Rosorado, and San Juan Ranch (Ilium/Ames) Ptarmigan at Ilium, Lake Fork Junction, and South Fork Estates
The information represented above is compiled from Telluride MLS data ytd as of 9/30/26 it excludes deed-restricted, commercial, & fractional properties. It includes homes and land.
153 Whipple Way - Gray Head - Sold 7/29/26 for $9,500,000 Listed by Telluride Properties
Surround ing Areas Number Available
Asking Price Range
Median Asking Price
Turkey Creek Mesa
20
$797,000 - $28,750,000
$2,375,000
Deep Creek Mesa
21
$1,549,000 - $23,000,000
$3,300,000
Down Valley
13
$309,000 - $9,750,000
$1,150,000
Wilson Mesa
7
$485,000 - $8,975,000
$2,495,000
Specie Mesa
12
$325,000 - $7,600,000
$1,962,000
Hastings Mesa
10
$245,000 - $5,995,000
$699,000
Iron Springs/Horsefly Mesa
19
$365,000 - $8,950,000
$1,000,000
Ilium/Ames
1
$1,750,000
$1,750,000
Ophir
8
$355,000 - $1,875,000
$1,146,500
(Turkey Creek Mesa) Alta Lakes, Elk Run, Preserve, Raspberry Patch, Ski Ranches, Skyfield, and West Meadows (Deep Creek Mesa) Aldasoro Ranch, Deep Creek Ranches, Diamond Ranch, Falls at Telluride, Golden Ledge, Gray Head, Last Dollar, Meadows at Deep Creek, Redtail Estates, and Sunnyside Ranch (Down Valley) Fall Creek, Sawpit, Placerville (Wilson Mesa) Elk Creek Reserve, Muddy Creek Meadows, Ptarmigan Ranch, and Wilson Mesa Ranches (Specie Mesa) Estate Ranches, Great American, Little Cone Ranch, Peninsula Park, Peninsula Pines, Peninsula Point, Specie Mesa Ranch, Specie Wilderness, The Peninsula, and Top of the World (Hastings Mesa) Alder Canyon Ranches, Beaver Pond, Cradle Park Ranches, Finnegan Ranch, Hastings Mesa Estates, Last Dollar Tracts, Little Lake Ranches, Old Elam Ranch, Pleasant View, San Juan Vista, Telluride Pines, and Willmeng Springs (Iron Springs/Horsefly Mesa) Anderson Ranch, Big Valley Ranch, The Bluffs, Brown Ranch, Canyon Creek Ranch, Colt Meadows Ranch, Cornerstone, Dancing Bear Ranch, Eagle Ridge Ranch, Elks Summit, Frontier, Golden Bear Ranch, Gracie Sky Mountain Ranch, Lakes at Carstens Ranch, McKenzie Spring Ranch, Panorama Acres, Rosorado, and San Juan Ranch (Ilium/Ames) Ptarmigan at Ilium, Lake Fork Junction, and South Fork Estates
The information represented above is compiled from Telluride MLS data ytd as of 9/30/26, it excludes deed-restricted, commercial, & fractional properties. It includes homes and land.
15 Juniper Village Drive, Placerville - Offered at $3,495,000
970.728.0808 TELLURIDE OFFICES 237 South Oak Street 232 West Colorado Avenue 220 East Colorado Avenue
MO UNTAIN VILLAGE OFFICES 560 Mountain Village Boulevard 567 Mountain Village Boulevard 457 Mountain Village Boulevard
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