This Is the Most Costly (and Luxurious) Ski City within the U.S., Based on Realtor.com — and No, It is Not Aspen

In comparison with Vail and Aspen, Telluride, Colorado, has at all times been smaller and funkier. It’s more durable to get to and subsequently sees fewer vacationers, one thing the ski-loving locals love about it.

However that each one modified throughout COVID-19 when vacationers began looking for lesser-visited locales with loads of out of doors actions and open house. Telluride, with its small group (inhabitants 2,525) and direct entry to snowboarding, climbing, and biking, met the mark. And it helps that the city is thought for its open, free-thinking residents and has a really idyllic Fundamental Avenue that is surrounded by mountain peaks.

As demand elevated, dwelling costs did, too. The truth is, in accordance with a December 2024 report by Realtor.com, Telluride is the most costly ski city within the U.S., surpassing each Vail and Aspen.

The research ranked ski cities based mostly on the share of actual property listings priced over the $5 million mark. In Telluride, over 38 p.c of the listings on Realtor.com had been over $5 million. Aspen wasn’t far behind, at No. 2, whereas Teton Village, Wyoming (on the base of Jackson Gap Mountain Resort) was ranked No. 3.

“Three of those ski cities have a 3rd or extra of their for-sale listings in the marketplace for $5 million or extra,” says Joel Berner, senior economist at Realtor.com. “Telluride, Aspen, and Teton Village aren’t any strangers to the luxurious section, however for context, simply 0.6% of all dwelling listings nationwide are priced above that threshold.”

Telluride’s place on the prime of the “luxurious listing” could shock locals and longtime, repeat guests who see Telluride as a funkier, quieter different to Vail and Aspen, however isn’t a surprise when you think about actual property tendencies. 

Based on Realtor.com, “Telluride’s actual property boomed prior to now few years, averaging $1 billion in dwelling gross sales per yr.” The trajectory for luxurious has even led to the deliberate arrival of a ski-in, ski-out residential 4 Seasons, which is predicted to open in 2027.

Following Telluride, Aspen, and Teton Village on the listing had been 7 different ski cities within the West and simply one East Coast group: Cashiers, North Carolina.

1. Telluride, Colorado
2. Aspen, Colorado
3. Teton Village, Wyoming
4. Massive Sky, Montana
5. Jackson, Wyoming
6. Park Metropolis, Utah
7. Vail, Colorado
8. Incline Village, Nevada
9. Cashiers, North Carolina
10. Solar Valley, Idaho
11. Steamboat Springs, Colorado