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Is Telluride, CO 81435 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Telluride is a buyer’s market. With about 14.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply14.4Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list96.9%Sold price ÷ list price
Median days on market215Listing to accepted offer
Median price per sq ft$1,306▼ −17.0% vs. last year

The Telluride housing market right now

In the three months ending August 31, 2026, 0% of homes in Telluride, CO 81435 sold above their list price, the typical home went under contract in 215 days and there were 14.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (91 days then) and the median sale price fell 53% to $1,661,781. Overall, Telluride is less competitive than a year ago, which gives buyers more room.

Run the numbers for 81435

Prefilled for 81435Can I win this house?Multiple-offer likelihood for a listing Prefilled for 81435Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Norwood 81423Buyer’s market $292 /sq ftOphir 81426Seller’s market $635 /sq ftPlacerville 81430 — /sq ftRedvale 81431 — /sq ft Browse all markets →

Towns like Telluride nearby

Find towns like Telluride in other states →
Ouray, CO81427 · 10 miles away21% similarcheaper homes ($378K less) · smaller Ridgway, CO81432 · 14 miles away17% similarcheaper homes ($146K less) · smaller Montrose, CO81403 · 30 miles away12% similarcheaper homes ($467K less) · larger Montrose, CO81401 · 37 miles away10% similarcheaper homes ($608K less) · larger

Where Telluride is

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Questions about Telluride real estate

Is Telluride a buyer’s or seller’s market?

A buyer’s market: there were 14.4 months of supply in Telluride, CO 81435 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Telluride?

The typical home went under contract in 215 days in the latest three months.

Do homes in Telluride sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 96.9% of the list price.

What are property taxes in Telluride?

About 0.26% of a home’s value a year in San Miguel County, or roughly $1,040 on a $400,000 home.

What is the median home price in Telluride?

The median sale price was $1,661,781 in the three months ending August 31, 2026, about $1,306 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology