Much like the recent weather pattern,
real estate in the Telluride area continues to
be a blizzard of activity. According to data
compiled by the Telluride Association of
Realtors Multiple Listing Service — which
includes regional transactions handled by
the organization’s 240-plus broker members
— total dollar volume for real estate
sales in 2007 topped out at $710 million,
an overall history high and 6% higher than
last year’s total (and former history high)
of $670 million. Furthermore, since TAR
began recording data, total dollar volumes
have increased at a compound annual
growth rate of 14.8%, and have witnessed
a substantial rise with 2007’s figures 129%
higher than those from 2001.
