April 2026 Market Summary Report

The Telluride and Mountain Village markets continue to demonstrate resilience and strength, outperforming much of the county despite a lower overall transaction volume. Year-to-date dollar volume in both Telluride and Mountain Village has increased 23%, even as unit sales have moderated, a strong indication that today’s market activity remains concentrated in premier, high-value properties rather than transaction volume alone.

In Telluride, year-to-date dollar sales are up 23% while unit sales are down 15%. Mountain Village mirrors this trend, with dollar volume also up 23% despite a 19% decline in unit sales. This variation indicates continued demand for exceptional luxury inventory and buyers’ willingness to pay a premium for quality assets in the region’s most sought-after locations.

Pricing metrics further strengthen the upper-tier market. Average sales price per transaction has climbed substantially, with Telluride up 44% year-to-date and Mountain Village up 52%, compared to a 24% increase countywide. The luxury segment continues to be a major driver of market performance, with sales exceeding $5 million, rising 47% year-to-date, and unit sales in this category increasing 20%.

While some areas throughout San Miguel County are experiencing softer pricing and reduced dollar volume, the core resort markets of Telluride and Mountain Village continue to benefit from limited inventory, enduring lifestyle appeal, and interest from affluent buyers seeking long-term value in a globally recognized mountain destination.