Market Summary 

Q3 2025 saw some exciting record breaking activity and noteworthy news, all of which
centers around Telluride Properties’ exceptional team of Brokers. Telluride Properties’ Damon
Demas represented the seller of 137 Hood Park Road the most expensive home ever sold in the
County at $39.4.M, Telluride Properties’ O’Neill Stetina group also represented the Sellers of 236
Pandora Lane for a record breaking $28.8M which included the adjacent lot. The biggest news
that we’ve all been eagerly anticipating for the past 7 years is the ground breaking of the new Four
Seasons Development, which we are honored to be representing.

While the overall YTD dollar volume of $641.62M in the County is down 20% YOY, this stat doesn’t tell
the whole story. Telluride Properties remains the dominant market leader having closed $527.5M YTD
as of 09/30/25, including including double-sided deals. Additionally, neither of the above YTD stats
include contracts for the Highline or Four Seasons sales which have occurred this year totaling in excess
of an additional $300M in sales which won’t be recorded until 2027 and 2028 respectively.

Why this matters!

Seeing Investor confidence in our market lifts all boats. These investments in Telluride give
the overall market a tremendous boost in an otherwise crazy world. With the stock
market at all-time highs, the smart money is taking profits and investing in hard assets like
real estate that they can use and enjoy for decades to come.

Like Warren Miller’s iconic quote regarding buying in Ski Country, “If you don’t do it this year,
you’ll just be one year older when you do.” In resort markets around the globe, Four Seasons
developments have consistently raised the bar — and the surrounding property values. On
average, branded residences trade at a 25–30% premium, while nearby homes benefit from
a 5–15% uplift over time. In other words, the market shift has already begun.

Momentum is already building: Mountain Village condo PSF is trending upward in 2025, even
before a shovel hits the ground. Inventory is tight, with quality properties in the Village core
and ski-in/ski-out locations moving quickly. Once Four Seasons opens its doors, the halo effect
is expected to reset the market ceiling.

The lifestyle advantage – Beyond numbers, owning near the new Four Seasons means:
• A vibrant Village core re-energized by premium retail and après-ski culture
• A long-term anchor that strengthens Telluride’s position among the world’s elite resort
destinations

Why act now?

Buyers who secure their property today will be well-positioned when the market fully responds to
the Four Seasons arrival. Waiting means facing higher prices, stiffer competition, and fewer options.
If you’ve been waiting for the “right time,” this is it. Let’s talk about the opportunities currently
available in the Telluride Market before the next wave of demand hits.