Property prices for sale in Telluride (Colorado)

The prices in real estate in Telluride, in the Colorado region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

$5,786,912.5
Average price last 6 months
$2,462
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Telluride has increased strongly during the last 6 months. In June, the average price per sq.feet was $2,090. In the following month the price per sq.feet decreased considerably to $1,671. The price for the following two months in (August, September) had a considerable decrease of 85 with regard to the prior two months. The price per sq.feet has had a considerable increase of 226 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1,735.75 to $3,914.5 during October, and November.

Average price

Based upon to the price in Telluride (cities), this has gone downing the last 6 months. The average price for June is $6,563,942. During July the price had a slight fall till $6,146,046. During the following two months (August, September) the average price had a considerable reduction of 78 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $6,079,077 they are 88 % more affordable than the average price for Telluride. The properties with the highest average price have 4 bedrooms, Their price is 52 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,759,845.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $593 / sq.feet, with an average $5,874 / sq.feet price in Telluride. The properties with the lowest average prices have 4 bedrooms. They are 70 % cheaper than the average followed by properties with 1 bedroom with a price at $1,144 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $6,079,077 it is 75 % cheaper than the average price in Telluride. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $4,414,739 it is 16 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $1,168 / sq.feet followed by "Condo" priced at $1,614 / sq.feet. "Land" is the most costly type of property with a $245,214 / sq.feet cost followed by "Condo" with an average price of $1,614 / sq.feet.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Telluride
Number of properties used in region Colorado
$6,079,077
$5,874
564
508,410
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value