Telluride Real Estate Market Update – October 2020
Click on the above report for a comprehensive Market Update, summarizing the current state of affairs in the Telluride Area Real Estate Market.If ever there were a year that we wished we had a crystal ball it would be 2020. As the Telluride real estate market flourished from outstanding new-construction inventory in 2019, the first quarter of 2020 brought us the pandemic, cancellation of our beloved summer festivals and a general and universal air of uncertainty. However, in spite of these unprecedented circumstances, the indubitable qualities of this remote San Juan Mountain refuge have proven to outweigh the uncertainty.
Like many of Telluride’s competitor’s and proverbial peers (Vail, Aspen, Jackson Hole, etc.) the summer of 2020 has taken the real estate market to new highs, particularly on the high-end. The paradigm has shifted and Buyers are reexamining the meaning of home, particularly in a place like Telluride, which was named one of the healthiest and most active counties in the entire country. The results are undeniable: Since June 2020, nearly 500 properties have contracted or sold totaling over $500 million. The third quarter of 2020 produced a dollar volume of more than $373 million, which is an all-time dollar volume high for any one quarter and surpasses the total dollar volume for some full calendar years, including the annual totals for 2010 through 2013….
Click Here to read the full report
Ski Season Update!
Telluride tickets and passes are on sale now! Availability may be limited, don’t miss your chance to purchase your Telluride Pass at the best price!
If you purchased a regional pass between the dates of August 1, 2017 & April 7, 2020, you can renew your pass online at regional rates. Buy now for this winter’s best rate or view Sales Event info.
Click Here to Buy Your Pass
O’Neill Stetina Group Social Media
Make sure you follow us on all of our social media channels! We will be adding new content, listings information, highlighting local trails, and doing virtual open houses. This is a great way to keep an eye on Telluride until you can get back here again! Click below for links to our Instagram and Facebook pages:
Telluride Winter Flights Update
JetBlue has added a handful of flights (5) from New York (JFK) and Los Angeles (LAX) on select weekends between Dec 19 – Feb 20 to their scheduled Boston (BOS) service this winter. While a minimal change to overall capacity, these flights provide additional options from key markets that had seen a reduction in service this winter, and reinforce JetBlue’s commitment to Telluride and the region.
In a year that can only be described as a rollercoaster in the air industry, Telluride’s winter flight schedule is finally starting to take shape. With new players and routes taking the place of some historic service, flight options will have a different look. However, even as the schedule is announced, it is with the caveat that each of these airlines will continue to adjust service on a month-to-month basis as the pandemic and recovery continue.
Click Here for the Full Update on Flights
As always, thank you for reading and feel free to reach out with any questions. We hope to see you here!