Tell Me About Telluride

More Powder from Telluride!

2012-01-24T12:49:00.001-08:00

Telluride Storm Drops Over 2 Feet of Pow in 2 Days from UnofficialNetworks.com on Vimeo.

Best Surf Sticker Seen in a While

2012-01-23T18:24:00.000-08:00

Best Surf Sticker I have seen in a while! - spotted in Telluride, CO

Really Deep Telluride Powder Day! Welcome Snow!

2012-01-23T08:06:00.001-08:00

Powder Day 1-22-12 from Telluride.com on Vimeo.

Telluride Powder Day!

2012-01-18T11:21:00.001-08:00

Telluride Bluebird 1-17-12 from Telluride.com on Vimeo.

2012-01-17T14:31:00.000-08:00

TREE Realty, LLC Presents a portrait of the Telluride Regional Real Estate Market
http://treerealtyllc.com/market-overview/market-update/

Please feel free to get in touch to discuss why it's good timing to buy in Telluride NOW!

Conde Nast ranks Telluride #3 in North America

2011-12-04T14:56:00.000-08:00

Conde Nast ranks Telluride #3 in North America for Best Places to Ski.

http://www.cntraveler.com/ski-areas/polls/2011/best-places-to-ski-and-stay-2011http://www.cntraveler.com/ski-areas/polls/2011/best-places-to-ski-and-stay-2011

Affordable Telluride!!!

2011-10-13T08:41:00.000-07:00

Telluride Real Estate Market Update August 2011

2011-08-30T16:07:00.000-07:00

Ridgway Home- New Listing

2011-08-30T12:24:00.001-07:00

TREE Realty, LLC Summer/Fall 2011 Listings

2011-08-21T11:05:00.001-07:00

Live the Telluride Life! Check out the possibilities!

Telluride Lodge 302

2011-08-03T16:02:00.000-07:00

Other Telluride Dining Opportunities

2011-07-28T07:10:00.001-07:00

On any given summer day your dining opportunities increase by four.
Whether for breakfast, lunch, dinner or late-night snack.
Most of these carts can be found on Main St. near the County Courthouse. Amy's Donuts is located down on the gondola plaza on the Telluride side. In the winter most of the carts move to the Mountain Village.

Place de Crepes
Sweet or Savory Crepes served. Try a Nutella Banana crepe for an afternoon pick me up.

Diggety Doggs
Hot dogs, Bratwurst, or the combo of one or the other with chips and a drink.
Open late night on the weekends.

Gyros
Classic greek sandwich- warm pita, lamb, tziki sauce, lettuce and tomatoes.

Amy's Donuts
Pick up a half or full dozen for breakfast. Plain buttermilk, powdered sugar or chocolate dipped. They open in the morning.

Bon Appetit!

Upcoming Events Summer 2011

2011-07-18T14:50:00.000-07:00

Calendar of Events for the region:
July 17-25 San Miguel Basin Fair and Rodeo Norwood All Day
July 20 Joint Point at the Sunset Concert Series Mtn. Village 6 PM
July 21 Fireside Chat with Otto Mears- Telluride Historical Musuem 5:30 PM at the Peaks
July 21 Free Ridgway Summer Concert Lake St. Drive Ridgway Town Park 6 PM
July 22 KOTO Presents Maceo Parker in concert at the Palm Theatre 9 PM
July 22 Ah Haa Art Auction at the Ah Haa Art School on S. Townsend 5:30 PM
July 22-31 Montrose County Fair Montrose Fair Grounds
July 23 Schmid Ranch Tour on Wilson Mesa presented by the Telluride Historical Museum
July 24 Deer Tick in concert at the historic Sheridan Opera House
July 25 Best of the Met at the Palm Theatre 6 PM
July 26 Pinhead Town Talk; Green Chemistry at the Palm Theatre 6 PM
July 27 3 Twins at the Sunset Concert Series Mtn. Village 6 PM
July 27 Fireside Chat with Marie Scott at ACE of Norwood Telluride Historical Museum
July 28 Free Ridgway Summer Concert Euforquestra Ridgway Town Park 6 PM
July 28 Fireside Chat with Marie Scott at the Peaks
July 28- August 2 Squid Show Summer Theatre Extravaganza www.squidshow.org
July 29-30 Cajun Fest www.telluridecajunfestival.com

Telluride Music Scene

2011-07-16T20:17:00.000-07:00

Telluride might be tiny, but it packs a whole lotta goings on into it's calendar!
On any given night in town there can be reggae, funk, rock, jazz, electronica, dj's spinning, or bluegrass music. Local bands or nationally known names- it's all a full musical potpurri.
Several venues in the town of Telluride allow for music lovers to take it all in; The Fly Me to The Moon Saloon, The Llamma, The Bubble Lounge, Sheridan Opera House, and/or The Steaming Bean. Wednesday nights in the summertime features The Sunset Concert Series in the Mountain Village. A FREE concert weekly. You are encouraged to bring a picnic and sit on the lawn, dance, socialize and watch the sunset while enjoying some music. This past week featured the Stone Foxes- rock and roll from San Fransisco.

Thursday night the Llamma had Jeff Coffin and The Mutet. Jeff is a Grammy winning saxophone player who has toured with Dave Mathews Band, Bela Fleck to name a few.
Apparently the show was off the hook!

Monday night at the historic Sheridan Opera House will feature Indie Rock band Blind Pilot
http://www.youtube.com/watch?v=-usPwbzwIEk&feature=mfu_in_order&list=UL

Americana Music Fest is a newish addition to the Telluride music scene and will be running from July 21-23.

Get ready to get down and funky this week with Maceo Parker. Playing July 22 at the Palm.

Soooo much music goodness! We are truly spoiled here in this box canyon.

TREE Realty, LLC Summer 2011 Listings

2011-06-22T13:04:00.000-07:00

TREE Realty, LLC Listings on YouTube

Telluride Real Estate Market Update

2011-04-09T14:31:00.000-07:00

Great Real Estate article from Trulia!

2011-03-04T11:50:00.000-08:00

http://www.trulia.com/blog/taranelson/2011/02/surprising_insider_secrets_for_the_5_stages_of_buying_your_first_home?ecampaign=anews&eurl=www.trulia.com%2Fblog%2Ftaranelson%2F2011%2F02%2Fsurprising_insider_secrets_for_the_5_stages_of_buying_your_first_home

Telluride Real Estate Statistics

2011-02-21T06:18:00.000-08:00

TREE Realty, LLC Winter 2011 Newsletter

2011-01-13T11:46:00.000-08:00

Happy and Healthy New Year to you.
Please enjoy the TREE Realty, LLC Newsletter.
In order to post it is not as interactive as I would like it to be.
Please feel free to copy and paste the various links into your browser for optimal viewing.

SAVE BEAR CREEK

2011-01-12T11:25:00.000-08:00

Please take a moment to click onto the link below and take action to ensure that as many voices are heard with regards to the closure of the access gates by the USFS from the ridgeline that give way to some of the best back-country skiing around. Please be constructive and articulate in your letter. Ugly rants will not achieve the goals.

http://www.americanalpineclub.org/pt/actionalert

Thanks for your time.

Telluride Real Estate Market Update

2010-12-17T20:02:00.000-08:00

Telluride- A Community of Generosity

2010-11-30T06:12:00.000-08:00

When people ask me what is it about Telluride that has me living here for 19 years I always tell them that it's the community that makes it so special. Before the scenic beauty, the numerous outdoor adventures, the festivals and the vibe, it's the people that call Telluride home. Primary home, second home, part time resident or born and raised in this valley all share a common thread; they have chosen Telluride or more succinctly Telluride has chosen them.

The Telluride community is like a river; going with the flow, relatively calm water with exciting rapids interspersed and always a safe place to eddy out. People move in, people move on, but always maintain ties to Telluride.

I recently experienced the Telluride community at it's finest. Present and past Telluriders rallied to my support during an emotionally, mentally and financially tough endeavor. My mom was dying and eventually passed away.

The loving, generous, thoughtful and compassionate friends I have saw me through this challenging time. Encouraging me to lean on them and feel comfortable about doing so was a hurdle I had to surmount. Asking for help. Sounds easy? It's not. But once I started asking, wow, friends' unconditional love and support poured forth.
I feel a lifetime of gratitude to my Telluride community.

Telluride is about acceptance, encouragement and engaging in life. Thank you Telluride for being the brightest star in my universe!

TREE Realty, LLC Fall 2010 Newsletter

2010-09-28T13:18:00.000-07:00

Telluride Fall Colors

2010-09-20T13:03:00.000-07:00

Telluride Real Estate Trends

2010-09-05T09:41:00.000-07:00

Telluride Real Estate Trends article

http://www.telluridewatch.com/view/full_story/9352991/article-25-Year-Real-Estate-Report-Sheds-Light-on-Long-Term-Trends?instance=2nd_top_story

Telluride Film Festival

2010-09-05T09:37:00.000-07:00

Telluride Residential Sales Activity/Market Watch

2010-08-17T10:53:00.000-07:00

Town of Telluride Residential Sales Market Watch
1/1/10- 10/31/10
18 Homes Total Sold/Pending
16 Homes Sold 2 Pending
4 out of 16 Homes Sold were in Forclosure Proceedings

113 E. Columbia 2178 sf
$875,000 Bank Owned 2/12/10

411 W. Colorado Ave 1123 sf
$1,035,000 (in Forclosure) 1/14/10

997 Road Hawg Circle 2733 sf
$1,650,000>$1,300,000>$1,075,000 7/21/10
$225,000 difference in Asking Price vs. Selling Price

260 N. Davis 1736 sf
$1,375,000>$1,100,000 1/15/10
$275,000 difference in Asking Price vs. Selling Price

235 E. Columbia 879 sf
$1,375,000> $1,150,000 2/3/10
$225,000 difference in Asking Price vs. Selling Price

495 E. Columbia (short sale) 2915 sf
$1,500,000>$1,390,000> $1,175,000 6/11/10
$215,000 difference in Asking Price vs. Selling Price

785 Smuggler 2307 sf
$1,250,000> $1,175,000 8/2/10
$75,000 difference in Asking Price vs. Selling Price

425 E. Colorado Ave (Bank Owned) 2567 sf
$1,350,000>$1,185,000 6/30/10
$165,000 difference in Asking Price vs. Selling Price

540 W. Pacific (2 homes) 2894 sf
$1,950,000> $1,472,000 6/29/10
$477,000 difference in Asking Price vs. Selling Price

360 N. Willow 2569 sf (plus 1500 sf decks)
$2,300,000>$1,995,000> $1,800,000 7/15/10
$195,000 difference in Asking Price vs. Selling Price

234 N. Oak 2221 sf (corner lot)
$2,495,000> $1,900,000 4/5/10
$595,000 difference in Asking Price vs. Selling Price

435 W. Pacific zoned accommodations/residential 3430 sf
$3,400,000>$2,675,000> $2,200,800 6/29/10
$474,000 difference in Asking Price vs. Selling Price

127 E. Columbia (guest house) 1496 sf
$2,400,000>$2,340,000 4/21/10
$60,000 difference in Asking Price vs. Selling Price

200 N. Aspen 4185 sf
$6,000,000> $4,500,000 4/22/10
$1,500,000 difference in Asking Price vs. Selling Price

335 N. Oak 6808 sf (main home/out buildings)
$6,800,000>$5,995,000 4/8/10
$805,000 difference in Asking Price vs. Selling Price

134 N. Oak 11,969 sf (3 condo units- formerly Oak St. Inn)
$15,000,000>$9,000,000 3/11/10
$6,000,000 difference in Asking Price vs. Selling Price

327 N. Willow Bank Owned Pending Sale
309 E. Columbia In Forclosure Pending Sale

Town of Telluride Residential Market Watch

2010-08-17T10:10:00.000-07:00

Telluride Mountain Village Residential Market Watch

2010-08-07T12:51:00.000-07:00

Mountain Village Residential Sold/Pending 2009-2010
38 (including 3 Deed Restricted homes)
Market Segment Focus: Ski-In/Ski-Out or Ski Access (17)

108 Polecat Lane 10/19/09
3450 sf
Original Price $3,190,000> $2,095,000> $1,800,000
$295,000 Difference between Asking Price & Selling Price

312 Benchmark 2/10/09
5448 sf
$2,170,000

230 San Joaquin 8/24/09
3514 sf
Original Price $3,595,000> $2,950,000> $2,250,000
$645,000 Difference between Asking Price & Selling Price

118 Rocky Rd. 10/2/09
5324 sf
Original Price $2,970,000> $2,680,900> $2,400,000
$280,000 Difference between Asking Price & Selling Price

126 Polecat 6/23/09
4648 sf
Original Price $4,300,000> $3,700,000> $2,650,000
$1,050,000 Difference between Asking Price & Selling Price

121 High Country 1/29/10
6688 sf
Original Price $4,700,000> $3,450,000> $2,825,000
$625,000 Difference between Asking Price & Selling Price

101 Palmyra 7/2/10
4949 sf
Original Price $4,395,000> $3,495,000> $3,250,000> $2,950,000
$300,000 Difference between Asking Price & Selling Price

159 Benchmark 5/4/10
6150 sf (unfinished construction/bank owned)
Original Price $3,600,000 >$3,131,000
$469,000 Difference between Asking Price & Selling Price

304 Benchmark 5/22/09
5704 sf
Original Price $5,200,000> $4,200,000
$1,000,000 Difference between Asking Price & Selling Price

225 Benchmark 7/9/10
6995 sf
Original Price $4,995,000> $4,200,000
$795,000 Difference between Asking Price & Selling Price

232 Benchmark 5/4/09
6300 sf
Original Price $5,850,000> $5,500,000> $4,650,000
$850,000 Difference between Asking Price & Selling Price
110 Palmyra 5/5/10
6274 sf
Original Price $5,995,000> $5,100,000
$895,000 Difference between Asking Price & Selling Price

305 Benchmark 2/25/10
7510 sf
Original Price $7,100,000> $6,500,000> $5,250,000
$1,250,000 Difference between Asking Price & Selling Price

407 Benchmark 5/25/10
11,176 sf
Original Price $6,950,000> $5,800,000
$1,150,000 Difference between Asking Price & Selling Price

109 Rocky Road 6/24/10
9384 sf
Original Price $7,200,000> $6,480,000
$720,000 Difference between Asking Price & Selling Price

176 Butch Cassidy 4/28/10
9995 sf
Original Price $8,985,000> $8,000,000
$985,000 Difference between Asking Price & Selling Price

284 Benchmark 1/15/10
12,400 sf
Original Price $11,500,000> $10,100,000
$900,000 Difference between Asking Price & Selling Price

Telluride Farmers Market

2010-07-17T12:45:00.000-07:00

Every Friday from 10:30 to 4 during Summer/Early Fall Location: S. Oak St.
Fresh Produce, Meats, Cheeses, Flowers, Artists and Food Vendors (kettle corn, ice cream, thai food, tacos, baked goods).
So much goodness from around the region! Mostly Organic or All- Natural!

Wildflowers of Telluride

2010-07-15T12:57:00.000-07:00

Click here for a slide show of Wildflowers Around Telluride

2010-07-13T13:36:00.000-07:00

TREE Realty, LLC Listings

2010-07-13T13:27:00.000-07:00

Telluride Real Estate Market Update

2010-07-01T18:39:00.000-07:00

Recreation in the Telluride Region

2010-06-12T10:33:00.000-07:00

Boating, Climbing, Hiking, Fishing, Biking, oh my!
So much to do and see in our backyard this summer.

The San Miguel River is running at an all time high right now. You can call any one of the rafting companies; San Miguel Anglers, Bootdoctors, or Telluride Outside to schedule a full or half day rafting adventure.

Rock Climbing opportunities abound! Within a 15-30 minute drive there are multiple different (different rock types) places to enjoy yourself; Ophir Wall, Cracked Canyon, Falls Wall, Pipeline Wall, Society Turn, Bilk Creek, Illium Valley boulders, Clay Creek, Sesame Street, Bear Creek boulder and the mine boulders.

Hiking in and around Telluride there are so many trails! You can easily walk out your door and hike the Jud Weibe loop, Bridal Veil, Bear Creek, Wasatch, Boomerang, River Trail, etc. www.telluridehikingguide.com or http://www.visittelluride.com/things-to-do/hiking

Biking in and around Telluride offers yet another perspective on this gorgeous region;
www.visittelluride.com/things-to-do/biking

Fly Fishing in the gold metal waters of the San Miguel, Dolores or any of the creeks is a serene way to spend the day. Right now some of the rivers/creeks may be too high, but that's where locales like Woods Lake come into play. www.visittelluride.com/things-to-do/fishing

These are but a few suggestions of the many, many outdoor opportunities you can pursue in the San Juans this summer!

Get outside and play!

Mountain Film

2010-06-04T09:43:00.000-07:00

Do what you can with what you have, where you are.- I Am, the movie.

Mountain Film in Telluride is by far my favorite gathering of the tribe. The general like-mindedness and passionate qualities of the people in attendance really allow for the incubation and implementation of thoughts that become actions.
One word continually heard/spoken is; inspiring
in.spire (verb)
1.fill (someone) with the urge or ability to do or feel something, especially to do something creative
- create (a feeling, especially a positive one) in a person
- inspire someone with (animate someone with such a feeling)
- give rise to
2. breathe in (air); inhale

With emphasis on environmental, social, political, cultural, athletic endeavors (climbing, skiing, alpinism, boating, surfing, etc.) and personal journey's of exploration and altruism Mountain Film Festival delves into and shares with us what matters.
How does plastic affect you and our planet? www.bagitmovie.com Congratulations to Bag It and crew who won the Audience Choice Award at Mountain Film 2010.
Could you live more simply=happily? www.iamthemovie.net
How do you get out and enjoy Mother Nature? www.senderfilms.com, www.180south.com
What does the boom in Natural Gas mean? Lack of dependence on foreign oil or depletion of wild and scenic places and severe impact on a basic life-force; water. www.gaslandthemovie.com

This weekend provides a time to see old friends and meet new friends. Which is a necessary catharsis given the sheer volume of heavy thinking this gathering generates.

When one tugs at a single thing in nature, he finds it attached to the rest of the world.
- John Muir

Kristen's Picks Spring 2010

2010-04-21T13:33:00.000-07:00

Telluride Gift Baskets- new Listing!

2010-03-31T12:44:00.000-07:00

Great new Listing! Produce extra income for yourself and maintain a flexible schedule! Completely turnkey; established website, client base, low overhead, established vendor relationships. www.telluridegiftbaskets.com Offered at $39,900.

Telluride Regional Real Estate 1st Quarter Statistics

2010-03-26T11:42:00.000-07:00

Telluride Regional Real Estate 1st Quarter Statistics (1/10-4/10) by Market Segment:
(includes mesas, down valley, Ophir, Ridgway, Norwood/West End)

Condos: 20 sold year to date
Fractional: 15 sold year to date
Land: 12 sold year to date
Residential: 23 sold year to date

Total sales: 71 Year To Date
Total dollar volume: $81,623,750 Year To Date

Telluride Real Estate Market Update

2010-03-07T14:12:00.000-08:00

Telluride Association of Realtors puts out a Real Estate Market Update

This Week In Telluride

2010-02-26T10:29:00.000-08:00

So many events going on in our corner of the world.....
Check them all out here on This Week in Telluride....
http://www.youtube.com/watch?v=8-ifKumK8xs

Enjoy a glimpse into our community!

Telluride Residential Sales Activity

2010-02-18T11:11:00.001-08:00

Sales activity for Telluride and Mountain Village homes has picked up during the past three months.
From November 1, 2009- April 1, 2010 there have been 11 sales; 7 in the Mountain Village and 4 in the Town of Telluride. Please note at least 3 sales were distressed sales (meaning they had to sell or it was already bank-owned).

From November 1, 2009- April 1, 2010 there are 9 homes under contract; 3 in the Mountain Village and 6 in the Town of Telluride. None of the homes currently under contract are priced under $1 million.

Go to www.treerealtyllc.com Market Overview tab for a portrait of the Telluride regional real estate market.

Community & Recreation

2010-02-16T11:31:00.000-08:00

2.16.10

In the news.... Baked in Telluride burns to the ground.So sad a piece of Telluride history gone. Jerry Greene vows to re-build.
http://telluridenews.com/articles/2010/02/12/news/doc4b7282b43fc8f114798372.txt

Check out Telluride and the Telluride Ski area anytime on these webcams:
http://tellurideskiresort.com/TellSki/info/live-cams.aspx

2010-02-09T08:37:00.000-08:00

Portrait of the Telluride Regional Real Estate Market 2009/2010

In recent years I have researched the trends in our regional real estate market as pertained to rates of appreciation. The following is an overview of Sold activity for the region. Information has been derived from the Multiple Listing Service and encompasses a fourteen month time frame; January 2009 thru February 28, 2010.

As most of you are aware, within this regional market are limited supplies with high demand. Some things have not changed. Factors that continue to fuel demand even during an economic slowdown are; high quality of life, strict planning and zoning and of course being surrounded by magnificent beauty in the form of numerous public lands.

Please allow this information to serve you in several ways; as a Buyer please note the sometimes significant differences in Asking Price vs. Selling Price. Prices continue to be adjusted away from the previous speculative pricing models Sellers, please note price adjustments. Majority of Sellers realize they will still maintain a profit derived from the sale of their property, however, not necessarily at the former rates of appreciation.

Thank you for the continued opportunity to facilitate your real estate goals within this region.

Town of Telluride Residential

Current Inventory 74 homes

Low $649,999

High $15,000,000 (formerly Oak St. Inn)

Sold 13/5 Under Contract ( range: $6 million- $875,000 {bank owned}) YTD

Sold Low: $800,000

Sold High: $3,400,000

List Low: $875,000

List High: $4,200,000

Town of Telluride Vacant Land

Current inventory 39 (including west & east valleys)

Low $149,000 (Lawson)

High $3,150,000

Sold 2

Low $149,000 (Lawson Hill)

Sold Low: $405,000 (Butcher Creek)

Sold High: $1,200,000 (Depot)

List Low $405,000

List High $1,295,000

Town of Telluride Condos (Includes west valley, condo-hotels, Entrada deed restricted TOT )

Current inventory: 143

Low: $159,000 (Lawson Hill deed restricted condo)

High: $15,000,000 North Oak St. (formerly Oak St. Inn)

44 Sold/24 under contract YTD

Sold Low: $141,206

Sold High: $4,100,000

List Low: $141,206

List High: $4,995,000

Mountain Village Residential

Current Inventory 60

Low: $962,140 (single family deed restricted Boulders)

High: $ 22,000,000

Sold 21/ 4 under contract YTD

Sold Low: $345,000 (Coyote Court- deed restricted)

Sold High: $10,100,000

List Low $375,700

List High: $11,500,000

Mountain Village Vacant Land

Current Inventory 91

Low: $152,000 (deed restricted Boulders)

High: $20,000,000 (4+ acre development parcel)

Sold 9/1 Under Contract YTD

Sold Low: $130,000 (deed restricted Boulders)

Sold High $1,900,000

List Low: $144,000

List High: $2,475,000

Mountain Village Condos

Current Inventory 165

Low: $134,406 (Peaks condo-hotel)

High: $6,490,000

Sold 32/34 Under Contract (Peaks condo-hotels majority of prop. uc)

Sold Low: $198,700

Sold High: $3,288,775

List Low: $198,700

List High: $4,165,750

Fractional Ownership (MTV & TOT)

Current Inventory 100

Low: $30,000

High: $450,000

Sold 54/4 Under Contract YTD

Sold Low: $20,000

Sold High: $562,500

List Low: $25,000

List High: $575,000

West Valley Residential (including Hillside, Lawson Hill)

Current Inventory 7 (5 deed restricted)

Low $319,000

High $1,595,000

Sold 0

Down Valley (Placerville, Sawpit, Fall Creek) Residential

Current Inventory 31

Low $299,900 (Two Rivers Deed Restricted)

High $1,950,000

Sold 2

Sold Low $549,000 (bank owned)

Sold High$700,000 (Realtor’s residence- not listed on MLS @ time of sale)

List Low $ n/a

List High $ n/a

Ophir, Trout Lake, San Bernardo Residential

Current Inventory 13 (6 Ophir/7 Trout Lake/0 San Bernardo)

Low $269,000 (rustic cabin Trout Lake)

High $1,795,000 (home on 17 acres Ophir)

Sold 5/1 under contract

Sold Low $321,000 (Hidden Lakes cabin)

Sold High $470,000 (newer home in Ophir)

List Low $321,000

List High $499,998

Telluride Mesas Residential (Deep Creek, Turkey Creek, West Meadows, Ski Ranches, Aldasoro)

Current Inventory 48

Low $625,000 (Ski Ranches)

High $20,500,000 (Grey Head)

Sold 7

Sold Low $520,000 (Ski Ranches fixer upper)

Sold High $10,100,000 (Greyhead)

List Low $695,000

List High $11,100,000

Telluride Mesas Vacant Land (Deep Creek, Turkey Creek, West Meadows, Ski Ranches, Aldasoro)

Current Inventory 45

Low $200,000 (deed restricted Aldasoro)

High $4,600,000 (Sunnyside Ranch)

Sold 4/3 under contract YTD

Sold Low $775,000

Sold High $5,250,000 (70 acre West Meadows parcel)

List Low $775,000

List High $6,600,000

North Mesas Residential (Hastings, Iron Springs/Horsefly)

Current Inventory 16

Low $419,000

High $3,245,000

Sold 2/1 Under contract

Sold Low $529,000

Sold High $1,725,000

List Low $545,000

List High $1,892,875

North Mesas Vacant Land (Hastings, Iron Springs/Horsefly)

Current Inventory 49

Low $139,000

High $7,850,000 (1002 acres on Iron Springs)

Sold 7

Sold Low $197,000

Sold High $700,000

List Low $199,000

List High $815,000

South Mesas Residential (Wilson, Sunshine, Specie)

Current Inventory 6

Low $725,000

High $4,950,000

Sold 2

Sold Low $570,500

Sold High $1,610,000

List Low $624,900

List High $1,795,000

South Mesas Vacant Land (Wilson, Sunshine, Specie)

Current Inventory 27

Low $275,000

High $18,972,000 (527 acres)

Sold 4

Sold Low $205,000

Sold High $525,000

List Low $219,000

List High $850,000

Norwood/West End Residential (Norwood, Redvale, Naturita, Nucla, Bedrock)

Current Inventory 91

Low $39,000

High $2,800,000

Sold 30

Sold Low $47,000

Sold High $800,000

List Low $55,000

List High $950,000

Norwood/West End Vacant Land (Norwood, Redvale,Naturita,Nucla,Bedrock)

Current Inventory 96

Low $16,500

High $5,500,000

Sold 6

Sold Low $10,500

Sold High $200,000

List Low $14,500

List High $200,000

Ridgway Residential (Town of Ridgway, Elk Meadows, Log Hill Mesa, Ouray valley)

Current Inventory 98

Low $175,000

High $10,300,000

Sold 24

Sold Low $100,000 (single-wide on town lot)

Sold High $1,300,000

List Low $119,000

List High $1,500,000

Ridgway Vacant Land (Town of Ridgway, Elk Meadows, Log Hill Mesa, Ouray valley)

Current Inventory 216

Low $20,000 (mining claim)

High $19,500,000 (1468 acres)

Sold 17/ 2 Under Contract

Sold Low $70,000

Sold High $3,500,000 (268 acres along Uncompahgre River)

List Low $81,900

List High $4,275,000

Rico Residential (including Dolores River)

Current Inventory 10

Low $179,000

High $419,000

Sold 3

Sold Low $165,000

Sold High $7,395,000 (132 acres, numerous outbuildings, river-frontage)

List Low $171,500

List High $9,500,000

Rico Vacant Land (including Dolores River)

Current Inventory 19

Low $59,000

High $1,750,000

Under Contract 1

List High $2,500,000 (248 acres surrounded by USFS)

Colorado Real Estate Industry- Snapshot

2010-02-07T11:27:00.000-08:00

This overview from Colorado REALTOR online:

Colorado Real Estate Industry- Snapshot

The Colorado Real Estate market is expected to rebound slowly with the help of the most attractive 30-year fixed rate conventional mortgages in 40 years (until the Federal Reserve concludes its purchase program and begins to sell its securities); and the homebuyer stimulus tax credit which expires April 30, 2010. Even with these attractions, painful job losses and home prices fluctuating continues to make it tough on homeowners who can refinance their mortgage and for those who want to take advantage and finance a new home.

The following is a snapshot of Colorado’s housing market:
I. Nearly three quarters of 4.9 million Colorado residents are homeowners.
II. Housing costs are a primary factor in determining whether a state can effectively attract and retain employees and businesses. A lack of affordable housing can hinder business relocation and expansion.
III. CARHOF (Colorado Association of REALTORS® Housing Opportunity Foundation gave $300,000 in 2009 to non-profit housing agencies across Colorado totaling 6.8 million since 1990.

IV. When a Home is sold in Colorado…
a. Income generated from real estate related industries is: $21,429
b. Additional expenditure on consumer items such as on furniture, appliances, and paint service is: $5,331
c. It generates economic multiplier impact. There is a greater spending at restaurants, sports games, and
charity events. The size of this “multiplier” effect is estimated to be: $12,845
d. Additional home sales induce additional home production. Typically one new home is constructed for every eight existing home sales. Therefore, for each existing home sale, 1/8 of new home value is added to the economy which is estimate in the state to be: $29,763
e. Total Income Derived from a Sale of a Home: $69,368

V. Homes Sold by Colorado REALTORS® in 2009
a. 59,156 Single Family Units were sold in 2009, a decrease of 12 percent compared to 2008. 13,258 Condos/Townhomes in 2009 were sold, a decrease of 13 percent compared to 2008.
b. The median price for single family homes was $214,584 for 2009, a five percent decrease in 2008. The median price for condos/townhomes was $150,333 for 2009, an 18 percent decrease from 2008.

VI. Who were the Buyers?
a. Thirty-nine percent of recent home buyers were first-time buyers.
b. The typical first-time home buyer was 29 years old, while the typical repeat buyer was 47 years old.
c. The median income was $58,200 among first-time buyers and $83,900 among repeat buyers.
d. Twenty-one percent of recent home buyers were single females, and 9 percent were single males.
e. When considering the purchase of a home, commuting costs were considered very or somewhat important by 77 percent of buyers.

VII. Foreclosures
a. The foreclosure rate has been a major issue in Colorado for the last five years. Blighted properties, lost tax revenues and displaced families have left both physical and emotional scars across the state.
b. Colorado’s foreclosure filings dropped from 39,607 in 2007 to 39,143 in 2008. The preliminary numbers for 2009 foreclosure filings are up 2.37 percent reaching 40,070 according to Realty Trac. Many are anticipating for 2010 to rise slightly.
c. Colorado Association of REALTORS® in conjunction with CBS4 and the Colorado Foreclosure Hotline has started a Foreclosure Prevention Campaign to educate and help consumers choose the best option for their families when faced with this issue. The campaign also includes useful home buying and selling tips. Information can be found at www.CBS4.com/homehelp.

Sources: Bureau of Economic Analysis; National Association of REALTORS®; Macroeconomic Advisors; Harvard Joint Center for Housing Studies, Colorado Multiple Listing Services, Realty Trac, U.S. Census Bureau

Welcome!

2010-02-02T07:42:00.000-08:00

2.2.10
Good morning! Welcome to Tell Me About Telluride.....
Featuring; Recreation, Real Estate, Community and Lifestyle.
Telluride is a small community in the southwestern part of Colorado that is home to many recreational opportunities (currently some great skiing!), a tight-knit community of mountain folk who seek out a lifestyle the mountains afford.
Once home to miners, gold and silver, now Telluride and the region are home to people finding solace in small mountain towns where everyone knows each other and lifetime friendships are forged through common bonds.

I am proud to announce my new Real Estate Company; TREE Realty, LLC Telluride Real Estate Experience. With ten years in regional real estate I decided it was time to branch out on my own. I work with first time home-buyers, second home-owners wanting to maintain a connection to Telluride and investors. Representing Buyers and Sellers. Land, homes, condos, ranches, and businesses. www.treerealtyllc.com

Real Estate in Telluride is holding it's own during the current economic times for several reasons; Telluride will always have it's high quality of life, phenomenal beauty, and a limited inventory because this region is surrounded by public lands. All of these factors facilitate properties maintaining their value. Prices have been adjusted away from their former 2007 highs, however, away from the previous speculative pricing models and down to what market will bear.

It's shaping up to be another beautiful day here in Telluride, CO. Recently we received three new feet of snow! Going skiing today to check out the conditions. This weekend Telluride Ski Resort is hosting the Subaru Freeski Competition up in Prospect Bowl/Palmyra Peak.

Please join me weekly to stay in touch with Telluride.