This Is the Most Costly (and Luxurious) Ski City within the U.S., In line with 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 due to this fact sees fewer vacationers, one thing the ski-loving locals love about it.

However that every one modified throughout COVID-19 when vacationers began looking for lesser-visited locales with loads of outside actions and open area. Telluride, with its small group (inhabitants 2,525) and direct entry to snowboarding, mountain 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 Important Road that is surrounded by mountain peaks.

As demand elevated, residence costs did, too. In actual fact, in keeping 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 examine ranked ski cities primarily based on the proportion of actual property listings priced over the $5 million mark. In Telluride, over 38 p.c of the listings on Realtor.com have 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 available on the market 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 phase, however for context, simply 0.6% of all residence listings nationwide are priced above that threshold.”

Telluride’s place on the high of the “luxurious record” could shock locals and longtime, repeat guests who see Telluride as a funkier, quieter different to Vail and Aspen, however is no surprise when you think about actual property traits. 

In line with Realtor.com, “Telluride’s actual property boomed previously few years, averaging $1 billion in residence 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 record have 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. Large 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