Aspen Snowmass Sotheby's International Realty - 2019 Year End Market Report

Page 1

2019 vs 2018

MARKET REPORT

Aspen Snowmass Village Woody Creek Old Snowmass Basalt Carbondale 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


2019 vs 2018

761 Moore Drive, Aspen

ASPEN MARKET Advantage: SELLER

Single-Family Homes AVERAGE SOLD PRICE

15%

AVERAGE SOLD PRICE PER SQUARE FOOT

1%

AVERAGE DAYS ON MARKET

3%

% SOLD PRICE TO ORIGINAL LIST PRICE

2%

2018 - $6,590,983 2019 - $7,589,299

2018 - $1,463 2019 - $1,481

2018 - 294 2019 - 303

2018 - 93% 2019 - 91%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

27%

2018 - $725,500 2019 - $925,000

7%

2018 - $21,500,000 2019 - $23,000,000

19%

2018 - 75 2019 - 89

37%

2018 - $494,323,752 2019 - $675,447,609


2019 vs 2018

ASPEN MARKET Advantage: BUYER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

12%

AVERAGE SOLD PRICE PER SQUARE FOOT

3%

AVERAGE DAYS ON MARKET

18%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2018 - $2,667,462 2019 - $2,350,811

2018 - $1,520 2019 - $1,573

2018 - 289 2019 - 237

2018 - 94% 2019 - 95%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

2%

2018 - $239,000 2019 - $235,000

21%

2018 - $18,344,736 2019 - $14,444,012

0%

2018 - 141 2019 - 141

12%

2018 - $376,112,104 2019 - $331,464,341


2019 vs 2018 1457 Wood Road, Snowmass Village

SNOWMASS VILLAGE MARKET Advantage: SELLER

Single-Family Homes AVERAGE SOLD PRICE

29%

AVERAGE SOLD PRICE PER SQUARE FOOT

20%

AVERAGE DAYS ON MARKET

27%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2018 - $3,127,309 2019 - $4,031,889

2018 - $758 2019 - $911

2018 - 302 2019 - 383

2018 - 92% 2019 - 91%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

5%

2018 - $1,000,000 2019 - $950,000

50%

2018 - $9,550,000 2019 - $14,300,000

14%

2018 - 43 2019 - 49

47%

2018 - $134,474,266 2019 - $197,562,570


2019 vs 2018

SNOWMASS VILLAGE MARKET Advantage: SELLER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

25%

AVERAGE SOLD PRICE PER SQUARE FOOT

15%

AVERAGE DAYS ON MARKET

13%

% SOLD PRICE TO ORIGINAL LIST PRICE

0%

2018 - 96% 2019 - 96%

2018 - $869,095 2019 - $1,090,141

2018 - $689 2019 - $791

2018 - 239 2019 - 271

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

18%

3%

4%

2018 - $57,500 2019 - $60,000

38%

2018 - $4,425,000 2019 - $6,100,000

2018 - 156 2019 - 128

2018 - $135,578,829 2019 - $139,538,009


2019 vs 2018 415 E. Dean Street Unit 28 Week 34, Aspen

ASPEN SHARED OWNERSHIP Advantage: BUYER

Shared Ownership AVERAGE SOLD PRICE

45%

AVERAGE SOLD PRICE PER SQUARE FOOT

34%

AVERAGE DAYS ON MARKET

20%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2018 - $512,320 2019 - $281,172

2018 - $230 2019 - $151

2018 - 198 2019 - 238

2018 - 90% 2019 - 91%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

25%

2018 - $9,995 2019 - $7,500

92%

2018 - $11,825,000 2019 - $950,000

15%

2018 - 85 2019 - 98

39%

2018 - $45,467,195 2019 - $27,554,875


2019 vs 2018 65 Timbers Club Court, Snowmass Village

SNOWMASS SHARED OWNERSHIP Advantage: BUYER

Shared Ownership AVERAGE SOLD PRICE

14%

AVERAGE SOLD PRICE PER SQUARE FOOT

18%

AVERAGE DAYS ON MARKET

12%

% SOLD PRICE TO ORIGINAL LIST PRICE

7%

2018 - $169,712 2019 - $145,117

2018 - $122 2019 - $100

2018 - 164 2019 - 144

2018 - 92% 2019 - 86%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

8%

2018 - $60,000 2019 - $55,000

3%

2018 - $300,000 2019 - $290,000

115%

2018 - 26 2019 - 56

84%

2018 - $4,412,500 2019 - $8,126,550


2019 vs 2018

TBD Woody Creek Road Lots 1,3,5,6, Woody Creek

WOODY CREEK MARKET Single-Family Homes AVERAGE SOLD PRICE

65%

Advantage: BUYER AVERAGE SOLD PRICE PER SQUARE FOOT

53%

AVERAGE DAYS ON MARKET

28%

% SOLD PRICE TO ORIGINAL LIST PRICE

4%

2018 - $ 4,222,700 2019 - $1,462,455

2018 - $831 2019 - $391

2018 - 524 2019 - 376

2018 - 90% 2019 - 94%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

29%

2018 - $275,000 2019 - $356,000

57%

2018 - $14,025,000 2019 - $6,050,000

10%

2018 - 10 2019 - 11

62%

2018 - $42,227,000 2019 - $16,087,000


2019 vs 2018

OLD SNOWMASS MARKET Advantage: BUYER

Single-Family Homes AVERAGE SOLD PRICE

15%

AVERAGE SOLD PRICE PER SQUARE FOOT

19%

AVERAGE DAYS ON MARKET

31%

% SOLD PRICE TO ORIGINAL LIST PRICE

6%

2018 - $2,707,127 2019 - $2,306,077

2018 - $714 2019 - $575

2018 - 370 2019 - 254

2018 - 95% 2019 - 89%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

138%

2018 - $200,000 2019 - $475,000

41%

2018 - $11,500,000 2019 - $6,750,000

41%

2018 - 22 2019 - 13

50%

2018 - $59,556,800 2019 - $29,979,000


2019 vs 2018

231 Robinson Street R-212, Basalt

BASALT MARKET Advantage: BUYER

Single Family Homes AVERAGE SOLD PRICE

8%

AVERAGE SOLD PRICE PER SQUARE FOOT

8%

AVERAGE DAYS ON MARKET

29%

2018 - $1,253,798 2019 - $1,151,285

2018 - $452 2019 - $414

2018 - 223 2019 - 158

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

41%

2018 - $350,000 2019 - $495,000

0%

2018 - $5,000,000 2019 - $5,000,000

4%

2018 - 81 2019 - 78

% SOLD PRICE TO ORIGINAL LIST PRICE

0%

2018 - 95% 2019 - 95%

TOTAL SALES VOLUME

12%

2018 - $101,557,669 2019 - $89,800,209


2019 vs 2018

BASALT MARKET Advantage: SELLER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

12%

2018 - $579,077 2019 - $646,615

LOWEST PRICE SOLD

123%

2018 - $160,685 2019 - $357,811

AVERAGE SOLD PRICE PER SQUARE FOOT

0%

AVERAGE DAYS ON MARKET

9%

2018 - $433 2019 - $434

2018 - 173 2019 - 189

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

42%

2018 - $1,420,000 2019 - $2,022,111

17%

2018 - 76 2019 - 89

% SOLD PRICE TO ORIGINAL LIST PRICE

0%

2018 - 98% 2019 - 98%

TOTAL SALES VOLUME

31%

2018 - $44,009,815 2019 - $57,548,772


2019 vs 2018

540 Fox Run Drive, Carbondale

CARBONDALE MARKET Advantage: SELLER

Single Family Homes AVERAGE SOLD PRICE

22%

AVERAGE SOLD PRICE PER SQUARE FOOT

8%

AVERAGE DAYS ON MARKET

7%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2018 - $839,709 2019 - $1,028,635

2018 - $298 2019 - $322

2018 - 178 2019 - 191

2018 - 96% 2019 - 95%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

49%

2018 - $264,500 2019 - $135,000

79%

2018 - $2,500,000 2019 - $4,475,000

2%

2018 - 166 2019 - 169

25%

2018 - $139,391,664 2019 - $173,839,231


2019 vs 2018

CARBONDALE MARKET Advantage: SELLER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

13%

AVERAGE SOLD PRICE PER SQUARE FOOT

5%

AVERAGE DAYS ON MARKET

25%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2018 - $512,038 2019 - $576,587

2018 - $300 2019 - $316

2018 - 151 2019 - 113

2018 - 97% 2019 - 98%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

59%

2018 - $176,000 2019 - $279,500

22%

2018 - $1,125,000 2019 - $1,375,000

18%

2018 - 61 2019 - 72

33%

2018 - $31,234,307 2019 - $41,514,276


2019 vs 2018

355 Dry Park, 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

1%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2018 - $574,919 2019 - $609,590

2018 - $246 2019 - $244

2018 - 111 2019 - 112

2018 - 97% 2019 - 98%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

14%

9%

7%

2018 - $239,000 2019 - $256,000

12%

2018 - $1,245,000 2019 - $1,400,000

2018 - 179 2019 - 154

2018 - $102,910,471 2019 - $93,876,810


2019 vs 2018

GLENWOOD SPRINGS MARKET Advantage: SELLER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

5%

AVERAGE SOLD PRICE PER SQUARE FOOT

9%

AVERAGE DAYS ON MARKET

18%

2018 - $305,321 2019 - $320,681

2018 - $232 2019 - $252

2018 - 85 2019 - 100

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

38%

2018 - $40,000 2019 - $55,000

17%

2018 - $630,000 2019 - $735,000

30%

2018 - 77 2019 - 100

% SOLD PRICE TO ORIGINAL LIST PRICE

0%

2018 - 98% 2019 - 98%

TOTAL SALES VOLUME

36%

2018 - $23,509,700 2019 - $32,068,149


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