TP 4th Quarter 2020 Market Report.jpg

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Wow, what an unprecedented and unpredictable year 2020 was. Full of heartbreak and turmoil for so many, we in Telluride were reminded time and time again how lucky we are to enjoy the lifestyle provided by our quaint town in the San Juan Mountains. As we reflect on the trajectory of the Telluride real estate market over the past 12 months, it seems that very lifestyle sentiment was the prevailing force in driving an extraordinary influx of demand, as the dollar volume of sales reached all-time highs. In fact, the previous high dollar volume mark set in 2007 at $756.6m was blown out of the water in 2020, increasing more than 50% for a total dollar volume of $1.16b. Incredibly, every month of the year…

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