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A-TEAM · Telluride Properties · Forbes Global Properties · Q2 2026
Fewer sales, bigger numbers — what’s really happening in Telluride
Dollar volume is up 9% county-wide even as transactions dip. The top of the market is running hot, the middle is buyer-favored, and the Four Seasons is already moving land values. Here’s what the numbers say — and what they mean for you.
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Adam Black
Lead Broker · A-TEAM
📞 970.729.0568
✉ [email protected]
Call Adam
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A Message from Adam
“Telluride’s market is at an inflection point — and those who understand it have a real edge.”
Welcome to our Q2 2026 Telluride Real Estate Market Report. With over 24 years of experience and more than $500M in transactions, I’ve watched this market evolve through every cycle — and right now is one of the most interesting moments I’ve seen.
Dollar volume is up 9% county-wide even as transaction counts dip. The Four Seasons opening in 2028 is already influencing buyer psychology and land values. Whether you’re buying, selling, or simply curious — I’m here to help you navigate it.
— Adam Black | A-TEAM at Telluride Properties | Forbes Global Properties
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Q2 2026 · San Miguel County
Top of the Market Leads the Way
Telluride’s real estate market is best understood as three segments: ultra-luxury running hot, the $4–8M range buyer-favored, and sub-$4M active with strong fundamentals.
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Town of Telluride — YTD 2026
31 sales · $132.7M total · Volume +61%
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Mountain Village — YTD 2026
39 sales · $160.7M total · Volume +13%
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Full Report
Q2 2026 Telluride Real Estate Activity Report
Deep dives on every segment: town homes, Mountain Village, condos, vacant land — with price-per-foot analysis and the forward outlook.
Read the Full Report →
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Current Listings
A-TEAM Featured Properties
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⚡ Price Reduced — Act Now
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Was $2,975,000
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⭐ Featured — Just Reduced
373 Quakey Lane
Telluride, CO 81435
4 BD · 4 BA · 4,120 sq ft · 2.21 acres
4-bedroom retreat (3-bed main home + 1-bed guest house) with unobstructed Wilson Range views. 2-car garage, hot tub, fire pit — just 10 minutes to Telluride. An exceptional value at the new price.
View Listing →
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140 W Serapio Drive
Telluride, CO 81435
$7,750,000
6 BD · 4 full + 2 half BA · 6,910 sq ft
View Details →
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412 W Pacific Avenue #B
Telluride, CO 81435
$5,995,000
4 BD · 4 full + 1 half BA · 2,267 sq ft
View Details →
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136 San Joaquin Road #D101
Mountain Village, CO 81435
$4,995,000
4 BD · 3 full + 1 half BA · 3,457 sq ft
View Details →
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Looking for more?
Browse the full A-TEAM listing portfolio at Telluride Real Estate Search.
All Listings →
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🔒 Off-Market Opportunity — Mountain Village
A Rare Private Sale — Available Only Through A-TEAM
Not every great property reaches the open market. This stunning Mountain Village home is being offered exclusively through Adam Black — qualified buyers only. With soaring wood-beam ceilings, a stone fireplace, Wilson Range views, private hot tub, and a track record as a high-performing vacation rental, this property checks every box.
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Mountain Village
Location
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Stone Fireplace
Vaulted Beams
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Hot Tub + Deck
Private Outdoor Living
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Proven STR Income
Active Rental History
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“This is exactly the kind of property I’ve been waiting to bring to the right buyer. It lives beautifully, it earns as a short-term rental, and it’s in Mountain Village — which continues to be where serious buyers focus. Price and details available upon a qualified inquiry.”
— Adam Black
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Own It. Rent It. Love It.
Vacation Rental Ownership in Telluride
Owning a Telluride property is one of the strongest income-producing real estate strategies in the Mountain West. World-class skiing, a packed summer festival calendar, and a short-term rental market that commands premium nightly rates year-round means the right property can pay for itself while you’re not there.
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🏠 Live Example — Adam’s Own Mountain Village Property
Deluxe Telluride Rental
Mountain Village — Ski Country — telluriderental.lodgify.com
This is the same Mountain Village property listed off-market above — and it’s a fully operating STR. Stone fireplace, vaulted ceilings, private hot tub, aspen-lined setting with big mountain views. Adam lives the vacation rental model himself and can walk you through exactly how it works.
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Book Direct & Save 15% | Promo Code: TELL15
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View & Book the Rental →
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$600+
Avg. Nightly Rate
Peak ski & festival weeks routinely exceed $1,500–$3,000/night for larger homes
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80%+
Peak Occupancy
Holiday weeks, Film Festival & Bluegrass drive near-100% occupancy for top properties
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2
Peak Seasons
Winter ski & summer festivals both drive strong demand — unlike single-season resorts
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Why Telluride STR Outperforms
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Limited inventory. Geographically constrained — new supply is nearly impossible, protecting values and rates.
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Year-round demand. Skiing, film, bluegrass, wine — Telluride’s calendar creates demand 10+ months a year.
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Affluent renters. High-net-worth guests who expect premium properties — and pay for them.
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Four Seasons effect. The 2028 opening is amplifying destination prestige and projected rental rates.
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What Adam Helps You Navigate
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STR zoning & licensing. Town of Telluride and Mountain Village have different STR rules — Adam knows which properties qualify.
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Revenue projections. Real occupancy data & comp analysis so you buy with eyes open — not marketing estimates.
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Property management. Introductions to Telluride’s best local PM firms to maximize net returns.
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✓
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1031 exchange strategy. Rolling equity from another property into a Telluride rental? Adam has guided dozens of exchanges.
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“The best investment properties I’ve sold in Telluride have one thing in common: owners who use them personally a few weeks a year and let the rental income carry the rest. It’s the closest thing to having your cake and eating it too.”
— Adam Black, Lead Broker · A-TEAM
Talk Rental Strategy · 970.729.0568
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The Life
Life in Telluride
From powder mornings to gold aspen seasons — Telluride isn’t just a place to own property. It’s a way of life.
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Wilson Peak & Golf
The backdrop that never gets old
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Wilson Range Trails
Miles of hiking right outside your door
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Mystic Falls
One of Telluride’s iconic hikes
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Mountain Village
Ski-in/ski-out living above the clouds
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Coming 2028
Four Seasons Telluride
One of the most anticipated luxury developments in Telluride’s history. The Four Seasons Resort is already impacting market psychology and land values — smart buyers and investors are positioning now. Ski-in/ski-out access, world-class spa, fine dining, and the unmatched service of the Four Seasons brand. Those who move before the ribbon is cut win twice.
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Ski-in / Ski-out
Direct mountain access
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World-Class Spa
Signature wellness facilities
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Fine Dining
Restaurant-quality in-residence
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Branded Residences
Commanding premium valuations
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Call Adam Today · 970.729.0568
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Ready to Make Your Move in Telluride?
Whether you’re buying, selling, or exploring what’s possible — Adam Black and the A-TEAM are here to guide you. No pressure. Just 24 years of expertise and unmatched local knowledge.
970.729.0568
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[email protected]
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telluriderealestatesearch.com
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© 2026 Telluride Properties · Forbes Global Properties · All Rights Reserved
Data sourced from Q2 2026 Telluride Real Estate Activity Report. For informational purposes only.
Telluride Properties · PO Box 11427 · Telluride, CO 81435
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