2020 2nd Quarter Market Report

Page 1

Market Report A sp en Snowmas s Village

| 2020 vs 2019 Q2

B as alt C arb ondale Glenwo o d Springs

A sp enSnowmas s SIR.c om Source : As p e n Board of Real tors M ultiple L isting S ervice


1260 Snowbunny Lane, Aspen

Aspen Market

| 2020 vs 2019 Q2

Advantage: SELLER

Single-Family Homes

18% 16%

AVERAGE SOLD PRICE AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

7%

AVERAGE DAYS ON MARKET

9%

% SOLD PRICE TO ORIGINAL LIST PRICE

4%

2019 $7,931,263 2017 -- $7,996,529 2020 2020 -- $9,239,612 $6,590,983

2019 - $1,434 2020 - $1,535

2019 - 351 2020 - 321

2019 - 91% 2020 - 87%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

13%

2019 - $925,000 2020 - $805,000

20%

2019 - $23,000,000 2020 - $27,695,635

51%

2019 - 45 2020 - 22

43%

2019 - $3,56,906,850 2020 - $2,03,271,468


Aspen Market

Advantage: SELLER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

99%

AVERAGE SOLD PRICE PER SQUARE FOOT

26%

| 2020 vs 2019 Q2

AVERAGE DAYS ON MARKET

67%

% SOLD PRICE TO ORIGINAL LIST PRICE

2%

2019 - $2,213,580 2020 - $4,403,228

2019 - $1,565 2020 - $1,977

2019 - 211 2020 - 353

2019 - 95% 2020 - 93%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

11%

2019 - $235,000 2020 - $260,000

167%

2019 - $6,850,000 2020 - $18,300,000

46%

2019 - 74 2020 - 40

8%

2019 - $163,804,940 2020 - $176,129,131


932 Sinclair Road, Snowmass Village

Snowmass Village Market

Advantage: BUYER

Single-Family Homes AVERAGE SOLD PRICE

25%

AVERAGE SOLD PRICE PER SQUARE FOOT

11%

AVERAGE DAYS ON MARKET

48%

2019 - $4,213,030 2020 - $3,177,000

2019 - $930 2020 - $824

2019 - 323 2020 - 167

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

9%

2019 - $1,350,000 2020 - $1,470,000

| 2020 vs 2019 Q2

51%

2019 - $14,300,000 2020 - $7,050,000

65%

2019 - 20 2020 - 7

% SOLD PRICE TO ORIGINAL LIST PRICE

0%

2019 - 93% 2020 - 93%

TOTAL SALES VOLUME

74%

2019 - $84,260,600 2020 - $22,239,000


Snowmass Village Market

Advantage: BUYER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

21%

AVERAGE SOLD PRICE PER SQUARE FOOT

3%

| 2020 vs 2019 Q2

AVERAGE DAYS ON MARKET

36%

% SOLD PRICE TO ORIGINAL LIST PRICE

3%

2019 - $1,056,560 2020 - $1,281,607

2019 - $802 2020 - $830

2019 - 235 2020 - 319

2019 - 96% 2020 - 93%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

10%

2019 - $263,500 2020 - $289,000

14%

2019 - $6,100,000 2020 - $5,250,000

22%

2019 - 65 2020 - 51

5%

2019 - $68,676,400 2020 - $65,361,954


Ritz-Carlton Club, Aspen

Aspen Shared Ownership Shared Ownership AVERAGE SOLD PRICE

44%

| 2020 vs 2019 Q2

Advantage: SELLER AVERAGE SOLD PRICE PER SQUARE FOOT

34%

AVERAGE DAYS ON MARKET

51%

28% 2%

% SOLD PRICE TO ORIGINAL LIST PRICE

2019 - $348,810 2020 - $468,318

2019 - $173 2020 - $232

2019 - 235 2020 - 116

2019 - 91% 2020 - 93%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

5%

2019 - $10,000 2020 - $9,500

75%

2019 - $925,000 2020 - $1,615,000

31%

2019 - 48 2020 - 33

1%

2019 - $15,590,875 2020 - $15,454,500


Timbers Club, Snowmass Village

Snowmass Shared Ownership

Advantage: SELLER

Shared Ownership AVERAGE SOLD PRICE

53%

AVERAGE SOLD PRICE PER SQUARE FOOT

164%

2019 - $127,014 2020 - $194,906

2019 - $84 2020 - $221

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

55%

2019 - $55,000 2020 - $85,000

| 2020 vs 2019 Q2

0%

2019 - $290,000 2020 - $290,000

AVERAGE DAYS ON MARKET

0%

% SOLD PRICE TO ORIGINAL LIST PRICE

8%

2019 - 134 2020 - 134

2019 - 85% 2020 - 92%

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

56%

2019 - 39 2020 - 17

33%

2019 - $4,953,550 2020 - $3,313,400


315 Hook Spur Road, Basalt

Basalt Market

| 2020 vs 2019 Q2

Advantage: SELLER

Single Family Homes AVERAGE SOLD PRICE

14%

AVERAGE SOLD PRICE PER SQUARE FOOT

24%

AVERAGE DAYS ON MARKET

19%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2019 - $1,085,042 2020 - $1,234,636

2019 - $404 2020 - $499

2019 - 177 2020 - 210

2019 - 96% 2020 - 95%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

11%

2019 - $495,000 2020 - $550,500

75%

2019 - $4,000,000 2020 - $7,000,000

8%

2019 - 36 2020 - 33

4%

2019 - $39,061,529 2020 - $40,743,000


Basalt Market

Advantage: SELLER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

13%

AVERAGE SOLD PRICE PER SQUARE FOOT

7%

| 2020 vs 2019 Q2

AVERAGE DAYS ON MARKET

17%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2019 - $646,133 2020 - $729,157

2019 - $431 2020 - $460

2019 - 164 2020 - 192

2019 - 97% 2020 - 96%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

20%

2019 - $375,000 2020 - $300,000

17%

2019 - $1,450,000 2020 - $1,700,000

3%

2019 - 32 2020 - 33

16%

2019 - $20,676,250 2020 - $24,062,175


475 Coryell Ranch Road, Carbondale

Carbondale Market

| 2020 vs 2019 Q2

Advantage: SELLER

Single Family Homes AVERAGE SOLD PRICE

15%

AVERAGE SOLD PRICE PER SQUARE FOOT

5%

AVERAGE DAYS ON MARKET

16%

% SOLD PRICE TO ORIGINAL LIST PRICE

1 %

2019 - $956,981 2020 - $1,100,210

2019 - $320 2020 - $335

2019 - 201 2020 - 233

2019 - 96% 2020 - 95%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

8% 2019 - $425,000 2020 - $390,000

23%

2019 - $3,500,000 2020 - $2,700,000

7%

2019 - 68 2020 - 73

23%

2019 - $65,074,731 2020 - $80,315,344


Carbondale Market

Advantage: SELLER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

2%

AVERAGE SOLD PRICE PER SQUARE FOOT

8%

| 2020 vs 2019 Q2

AVERAGE DAYS ON MARKET

15%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2019 - $551,872 2020 - $565,351

2019 - $307 2020 - $333

2019 - 134 2020 - 154

2019 - 99% 2020 - 98%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

42%

2019 - $279,500 2020 - $162,000

2%

2019 - $1,150,000 2020 - $1,125,000

3%

2019 - 29 2020 - 30

6%

2019 - $16,004,300 2020 - $16,960,527


5015 County Road 117, Glenwood Springs

Glenwood Springs Market

Advantage: SELLER

Single Family Homes AVERAGE SOLD PRICE

6%

AVERAGE SOLD PRICE PER SQUARE FOOT

1%

AVERAGE DAYS ON MARKET

6%

2019 - $607,883 2020 - $643,839

2019 - $247 2020 - $249

2019 - 127 2020 - 120

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

32%

2019 - $256,000 2020 - $175,000

| 2020 vs 2019 Q2

14%

2019 - $1,075,000 2020 - $1,225,000

18%

2019 - 66 2020 - 78

% SOLD PRICE TO ORIGINAL LIST PRICE

0%

2019 - 98% 2020 - 98%

TOTAL SALES VOLUME

25%

2019 - $40,120,290 2020 - $50,219,450


Glenwood Springs Market

Advantage: SELLER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

5%

2019 - $312,511 2020 - $329,643

LOWEST PRICE SOLD

52%

2019 - $55,000 2020 - $83,500

AVERAGE SOLD PRICE PER SQUARE FOOT

0%

| 2020 vs 2019 Q2

AVERAGE DAYS ON MARKET

23%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2019 - $252 2020 - $250

2019 - 114 2020 - 88

2019 - 98% 2020 - 99%

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

12%

2019 - $489,500 2020 - $548,000

36%

2019 - 47 2020 - 30

33%

2019 - $14,688,000 2020 - $9,889,300


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