Third Quarter 2019 vs 2018
Januaury 1st - September 30th, 2019
MICRO MARKET REPORT
Aspen Snowmass Village Basalt Carbondale Down Valley Golf Market Glenwood Springs
A s p e n Sn ow m a s s SIR .c o m Source : As p e n Board of Real tors M ul t i p l e Li st i ng Service
ASPEN MARKET
Third Quarter 2019 vs 2018 CENTRAL CORE Average Sold Price Average Sold Price per Sq Ft Average Days on Market
SINGLE FAMILY HOMES 2018 2019
% Change
$8,982,667
$9,800,000
9%
Average Sold Price
$2,208
$2,396
9%
Average Sold Price per Sq Ft Average Days on Market
354
362
2%
% Sold Price to List Price Number of Properties Sold Total Sales Volume
91% 6 $53,896,000
95% 3 $29,400,000
4% -50% -45%
WEST ASPEN
SINGLE FAMILY HOMES 2018 2019
Average Sold Price Average Sold Price per Sq Ft Average Days on Market
CENTRAL CORE
% Change
% Sold Price to List Price Number of Properties Sold Total Sales Volume
WEST ASPEN
$4,604,800
$10,089,962
119%
Average Sold Price
$1,041
$1,288
24%
Average Sold Price per Sq Ft
182
368
102%
Average Days on Market
% Sold Price to List Price Number of Properties Sold Total Sales Volume
91% 15 $69,072,000
90% 17 $171,529,350
-1% 13% 148%
% Sold Price to List Price Number of Properties Sold Total Sales Volume
EAST ASPEN
SINGLE FAMILY HOMES 2018 2019
Average Sold Price Average Sold Price per Sq Ft Average Days on Market
% Change
EAST ASPEN
$6,607,143
$6,259,017
-5%
Average Sold Price
$1,333
$1,568
18%
Average Sold Price per Sq Ft
399
235
-41%
Average Days on Market
% Sold Price to List Price Number of Properties Sold Total Sales Volume
91% 7 $46,250,000
92% 15 $93,885,259
1% 114% 103%
% Sold Price to List Price Number of Properties Sold Total Sales Volume
WEST END
SINGLE FAMILY HOMES 2018 2019
Average Sold Price Average Sold Price per Sq Ft Average Days on Market % Sold Price to List Price Number of Properties Sold Total Sales Volume
SMUGGLER Average Sold Price Average Sold Price per Sq Ft Average Days on Market
% Change
WEST END
$7,451,309
$6,715,909
-10%
Average Sold Price
$2,143
$1,872
-13%
Average Sold Price per Sq Ft
193
349
81%
Average Days on Market
95% 12 $89,415,707
93% 11 $73,875,000
-2% -8% -17%
% Sold Price to List Price Number of Properties Sold Total Sales Volume
SINGLE FAMILY HOMES 2018 2019
% Change
SMUGGLER
$6,899,375
$4,392,857
-36%
Average Sold Price
$1,473
$970
-34%
Average Sold Price per Sq Ft
209
232
11%
Average Days on Market
% Sold Price to List Price Number of Properties Sold Total Sales Volume
95% 8 $55,195,000
91% 7 $30,750,000
-4% -13% -44%
% Sold Price to List Price Number of Properties Sold Total Sales Volume
RED MOUNTAIN
SINGLE FAMILY HOMES 2018 2019
Average Sold Price
$10,033,333
$10,699,200
7%
$2,638
$1,708
-35%
Average Sold Price per Sq Ft
305
378
24%
Average Days on Market
95% 3 $30,100,000
87% 5 $53,496,000
-8% 67% 78%
% Sold Price to List Price Number of Properties Sold Total Sales Volume
Average Sold Price per Sq Ft Average Days on Market % Sold Price to List Price Number of Properties Sold Total Sales Volume
% Change
MCLAIN FLATS Average Sold Price
CONDOS/TOWNHOMES 2018 2019
% Change
$2,991,869
$1,959,011
-35%
$1,760
$1,813
3%
342
189
-45%
94% 62 $185,495,854
95% 69 $135,171,750
1% 11% -27%
CONDOS/TOWNHOMES 2018 2019
% Change
$2,547,346
$3,246,513
26%
$953
$1,099
15%
266
287
8%
95% 13 $33,466,500
95% 15 $48,697,690
0% 15% 46%
CONDOS/TOWNHOMES 2018 2019
% Change
$2,912,500
$3,690,625
27%
$1,158
$1,247
8%
303
421
39%
92% 3 $8,737,500
93% 8 $29,525,000
1% 167% 238%
CONDOS/TOWNHOMES 2018 2019
% Change
$2,315,455
$1,613,312
-30%
$1,301
$1,267
-3%
253
252
0%
95% 11 $25,470,000
95% 8 $12,906,500
0% -27% -49%
CONDOS/TOWNHOMES 2018 2019
% Change
$1,727,857
$1,525,000
-12%
$1,049
$1,161
11%
183
164
-10%
94% 7 $12,095,000
97% 9 $13,725,000
3% 29% 13%
SINGLE FAMILY HOMES 2018 2019
% Change
$6,570,000
$6,605,000
1%
$1,062
$807
-24%
432
403
-7%
94% 5 $32,850,000
89% 5 $33,025,000
-5% 0% 1%
Third Quarter 2019 vs 2018
SNOWMASS VILLAGE MARKET SKI-IN/SKI-OUT
SINGLE FAMILY HOMES 2018 2019
Average Sold Price
$4,728,000
$6,338,056
79%
Average Sold Price
Average Sold Price per Sq Ft
$957
$1,272
33%
Average Days on Market
363
226
% Sold Price to List Price
79%
Number of Properties Sold
% Change
SKI-IN/SKI-OUT
CONDOS/TOWNHOMES 2018 2019
% Change
$980,284
$878,804
-10%
Average Sold Price per Sq Ft
$631
$649
3%
-38%
Average Days on Market
324
298
-8%
94%
19%
% Sold Price to List Price
92%
94%
2%
5
9
80%
Number of Properties Sold
32
35
9%
Total Sales Volume
$23,640,000
$57,042,500
141%
Total Sales Volume
$31,369,100
$30,758,150
-2%
NON SKI-IN/SKI-OUT
SINGLE FAMILY HOMES 2018 2019
Average Sold Price
$2,998,610
$3,119,831
4%
Average Sold Price
Average Sold Price per Sq Ft
$731
$773
6%
Average Days on Market
285
397
% Sold Price to List Price
94%
Number of Properties Sold
% Change
NON SKI-IN/SKI-OUT
CONDOS/TOWNHOMES 2018 2019
% Change
$777,264
$1,121,429
44%
Average Sold Price per Sq Ft
581
$697
20%
39%
Average Days on Market
209
201
-4%
90%
-4%
% Sold Price to List Price
95%
96%
1%
29
26
-10%
Number of Properties Sold
36
28
-22%
Total Sales Volume
$86,959,677
$81,115,600
-7%
Total Sales Volume
$27,981,500
$31,400,000
12%
BASE VILLAGE
CONDOS/TOWNHOMES 2018 2019
Average Sold Price
% Change
$432,167
$1,056,177
144%
Average Sold Price per Sq Ft
$707
$958
36%
Average Days on Market
121
260
115%
% Sold Price to List Price
98%
98%
0%
Number of Properties Sold
36
31
-14%
$15,558,000
$32,741,500
110%
Total Sales Volume
Third Quarter 2019 vs 2018
BASALT MARKET BASALT PROPER
SINGLE FAMILY HOMES 2018 2019
Average Sold Price
$1,356,058
$1,254,030
96%
Average Sold Price
Average Sold Price per Sq Ft
$521
$437
-16%
Average Days on Market
159
176
% Sold Price to List Price
96%
Number of Properties Sold
% Change
BASALT PROPER
CONDOS/TOWNHOMES 2018 2019
% Change
$583,885
$618,981
6%
Average Sold Price per Sq Ft
$463
$428
-8%
11%
Average Days on Market
183
143
-22%
95%
-1%
% Sold Price to List Price
98%
97%
-1%
31
36
16%
Number of Properties Sold
51
50
-2%
Total Sales Volume
$42,037,800
$45,145,082
7%
Total Sales Volume
$29,778,130
$30,949,061
4%
EL JEBEL
SINGLE FAMILY HOMES 2018 2019
Average Sold Price
% Change
EL JEBEL
$688,401
$725,391
5%
Average Sold Price
Average Sold Price per Sq Ft
$331
$340
3%
Average Days on Market
155
89
% Sold Price to List Price
97%
Number of Properties Sold
CONDOS/TOWNHOMES 2018 2019
% Change
$676,600
$661,900
-2%
Average Sold Price per Sq Ft
$302
$317
5%
-43%
Average Days on Market
252
267
6%
98%
1%
% Sold Price to List Price
99%
100%
1%
13
14
8%
Number of Properties Sold
5
5
0%
Total Sales Volume
$8,949,209
$10,155,469
13%
Total Sales Volume
$3,838,000
$3,309,500
-2%
EMMA
SINGLE FAMILY HOMES 2018 2019
FRYING PAN
SINGLE FAMILY HOMES 2018 2019
Average Sold Price
$1,357,000
$1,660,167
22%
Average Sold Price
Average Sold Price per Sq Ft
$418
$531
27%
Average Days on Market
449
271
% Sold Price to List Price
92%
Number of Properties Sold Total Sales Volume
% Change
% Change
$636,429
$1,034,328
63%
Average Sold Price per Sq Ft
$280
$379
35%
-40%
Average Days on Market
388
237
-39%
92%
0%
% Sold Price to List Price
93%
98%
5%
7
3
-57%
Number of Properties Sold
7
4
-43%
$9,499,000
$4,980,500
-48%
Total Sales Volume
$4,455,000
$4,137,310
-7%
Third Quarter 2019 vs 2018
CARBONDALE MARKET CARBONDALE PROPER
SINGLE FAMILY HOMES 2018 2019
Average Sold Price
$799,306
$890,365
11%
Average Sold Price
$308
$311
1%
Average Sold Price per Sq Ft
Average Days on Market
123
144
17%
% Sold Price to List Price
96%
96%
Number of Properties Sold
45
Total Sales Volume
$35,968,777
CARBONDALE RURAL*
SINGLE FAMILY HOMES 2018 2019
Average Sold Price
$955,706
$1,256,730
31%
Average Sold Price
$308
$316
2%
Average Days on Market
178
244
% Sold Price to List Price
95%
Number of Properties Sold
Average Sold Price per Sq Ft
Average Sold Price per Sq Ft
Total Sales Volume
% Change
CARBONDALE PROPER CONDOS/TOWNHOMES 2018
2019
% Change
$475,072
$539,756
14%
$314
$327
4%
Average Days on Market
86
107
24%
0%
% Sold Price to List Price
98%
99%
1%
39
-13%
Number of Properties Sold
32
44
38%
$34,724,237
-3%
Total Sales Volume
$15,202,307
$23,749,276
56%
% Change
CARBONDALE RURAL*
CONDOS/TOWNHOMES 2018 2019
% Change
$605,333
$684,031
13%
Average Sold Price per Sq Ft
$277
$270
-2%
37%
Average Days on Market
240
149
-38%
94%
-1%
% Sold Price to List Price
94%
98%
4%
34
38
12%
Number of Properties Sold
15
16
7%
$32,494,000
$47,755,750
47%
Total Sales Volume
$9,080,000
$10,944,500
21%
*Does not include Missouri Heights properties
Third Quarter 2019 vs 2018
DOWN VALLEY GOLF MARKET RIVER VALLEY RANCH Average Sold Price
SINGLE FAMILY HOMES 2018 2019
% Change
RIVER VALLEY RANCH
$997,625
$1,154,402
97%
Average Sold Price
Average Sold Price per Sq Ft
$265
$302
14%
Average Days on Market
148
207
% Sold Price to List Price
97%
Number of Properties Sold
CONDOS/TOWNHOMES 2018 2019
% Change
$837,400
$946,860
13%
Average Sold Price per Sq Ft
$307
$339
11%
40%
Average Days on Market
200
178
-11%
95%
-2%
% Sold Price to List Price
99%
99%
0%
20
18
-10%
Number of Properties Sold
2
5
150%
Total Sales Volume
$19,952,500
$20,779,237
4%
Total Sales Volume
$1,674,800
$4,734,300
183%
ASPEN GLEN
SINGLE FAMILY HOMES 2018 2019
Average Sold Price
$1,224,429
$1,418,456
16%
Average Sold Price
Average Sold Price per Sq Ft
$292
$295
1%
Average Days on Market
271
246
% Sold Price to List Price
92%
Number of Properties Sold
% Change
ASPEN GLEN
CONDOS/TOWNHOMES 2018 2019
% Change
$784,286
$899,667
15%
Average Sold Price per Sq Ft
$222
$253
14%
-9%
Average Days on Market
305
184
-40%
93%
1%
% Sold Price to List Price
96%
97%
1%
14
17
21%
Number of Properties Sold
7
9
29%
Total Sales Volume
$17,142,000
$24,113,750
41%
Total Sales Volume
$5,490,000
$8,097,000
47%
IRONBRIDGE
SINGLE FAMILY HOMES 2018 2019
Average Sold Price
% Change
$532,241
$619,612
16%
Average Sold Price per Sq Ft
$267
$240
-10%
Average Days on Market
134
160
19%
% Sold Price to List Price
98%
97%
-1%
Number of Properties Sold
16
8
-50%
$8,515,856
$4,953,500
-42%
Total Sales Volume
Third Quarter 2019 vs 2018
GLENWOOD SPRINGS MARKET GLENWOOD PROPER Average Sold Price
SINGLE FAMILY HOMES 2018 2019
% Change
GLENWOOD PROPER
$521,495
$546,298
5%
Average Sold Price
$244
$255
4%
Average Sold Price per Sq Ft
Average Days on Market
94
99
5%
% Sold Price to List Price
98%
98%
Number of Properties Sold
63
Total Sales Volume
$32,854,215
GLENWOOD SOUTH
SINGLE FAMILY HOMES 2018 2019
Average Sold Price per Sq Ft
Average Sold Price
CONDOS/TOWNHOMES 2018 2019
% Change
$307,779
$321,832
5%
$230
$260
13%
Average Days on Market
69
101
46%
0%
% Sold Price to List Price
98%
98%
0%
63
0%
Number of Properties Sold
48
61
27%
$34,416,800
5%
Total Sales Volume
$14,773,400
$19,631,749
33%
% Change
GLENWOOD SOUTH
$658,598
$676,165
3%
Average Sold Price
Average Sold Price per Sq Ft
$247
$237
-4%
Average Days on Market
134
136
% Sold Price to List Price
97%
Number of Properties Sold
CONDOS/TOWNHOMES 2018 2019
% Change
$239,357
$275,000
15%
Average Sold Price per Sq Ft
$196
$254
30%
1%
Average Days on Market
173
82
-53%
98%
1%
% Sold Price to List Price
94%
97%
3%
60
47
-22%
Number of Properties Sold
7
8
14%
Total Sales Volume
$39,515,856
$31,779,740
-20%
Total Sales Volume
$1,675,500
$2,200,000
31%
GLENWOOD WEST
SINGLE FAMILY HOMES 2018 2019
Average Sold Price
% Change
GLENWOOD WEST
$504,700
$558,050
11%
Average Sold Price
$197
$240
22%
Average Sold Price per Sq Ft
Average Days on Market
79
95
20%
% Sold Price to List Price
100%
97%
Number of Properties Sold
9 $4,542,300
Average Sold Price per Sq Ft
Total Sales Volume
CONDOS/TOWNHOMES 2018 2019
% Change
$444,500
$435,000
-2%
$206
$242
18%
Average Days on Market
131
34
-74%
-3%
% Sold Price to List Price
97%
99%
2%
8
-11%
Number of Properties Sold
2
3
50%
$4,464,400
-2%
Total Sales Volume
$889,000
$1,305,000
47%