Roaring Fork Sotheby's International Realty - 2019 Year End Market Report

Page 1

2019 vs 2018

MARKET REPORT

Glenwood Springs Carbondale New Castle Silt Rifle Basalt Snowmass Village Aspen

Ro a r in g Fo r kSIR .c o m Source : Gl e nwood Sp ri ngs Board of Real tors M ul t i p l e Li st i ng Service


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


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

200 Whitehorse Drive, New Castle

NEW CASTLE MARKET Advantage: SELLER

Single Family Homes AVERAGE SOLD PRICE

6%

AVERAGE SOLD PRICE PER SQUARE FOOT

3%

AVERAGE DAYS ON MARKET

13%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2018 - $416,100 2019 - $442,532

2018 - $213 2019 - $207

2018 - 98 2019 - 111

2018 - 99% 2019 - 98%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

27%

2018 - $205,000 2019 - $150,000

25%

2018 - $624,000 2019 - $780,000

1% 2018 - 103 2019 - 102

5%

2018 - $42,858,272 2019 - $45,138,300


2019 vs 2018

NEW CASTLE MARKET Advantage: SELLER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

10%

AVERAGE SOLD PRICE PER SQUARE FOOT

7%

AVERAGE DAYS ON MARKET

7%

2018 - $266,399 2019 - $293,815

2018 - $193 2019 - $206

2018 - 103 2019 - 96

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

24%

2018 - $169,000 2019 - $128,000

2%

2018 - $437,000 2019 - $445,000

13%

2018 - 64 2019 - 72

% SOLD PRICE TO ORIGINAL LIST PRICE

0%

2018 - 99% 2019 - 99%

TOTAL SALES VOLUME

24%

2018 - $17,049,510 2019 - $21,154,700


2019 vs 2018

0295 County Road 262, Silt

SILT MARKET Advantage: BUYER

Single Family Homes AVERAGE SOLD PRICE

5%

AVERAGE SOLD PRICE PER SQUARE FOOT

4%

AVERAGE DAYS ON MARKET

3%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2018 - $361,169 2019 - $379,497

2018 - $192 2019 - $185

2018 - 108 2019 - 111

2018 - 99% 2019 - 98%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

39%

2018 - $195,000 2019 - $119,000

1%

2018 - $780,000 2019 - $775,000

6%

2018 - 88 2019 - 83

1%

2018 - $31,782,835 2019 - $31,498,292


2019 vs 2018

SILT MARKET Advantage: SELLER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

17%

AVERAGE SOLD PRICE PER SQUARE FOOT

5%

AVERAGE DAYS ON MARKET

23%

2018 - $234,233 2019 - $273,995

2018 - $155 2019 - $163

2018 - 121 2019 - 93

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

24%

2018 - $97,000 2019 - $120,000

3%

2018 - $339,000 2019 - $328,000

4%

2018 - 23 2019 - 22

% SOLD PRICE TO ORIGINAL LIST PRICE

0%

2018 - 99% 2019 - 99%

TOTAL SALES VOLUME

12%

2018 - $5,387,350 2019 - $6,027,900


2019 vs 2018

TBD County Road 317 Lot B, Rifle

RIFLE MARKET Advantage: BUYER

Single Family Homes AVERAGE SOLD PRICE

8%

AVERAGE SOLD PRICE PER SQUARE FOOT

7%

AVERAGE DAYS ON MARKET

10%

2018 - $301,989 2019 - $326,757

2018 - $170 2019 - $182

2018 - 84 2019 - 92

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

14%

2018 - $116,800 2019 - $100,000

14%

2018 - $650,000 2019 - $739,000

8%

2018 - 203 2019 - 186

% SOLD PRICE TO ORIGINAL LIST PRICE

0%

2018 - 98% 2019 - 98%

TOTAL SALES VOLUME

1%

2018 - $61,303,845 2019 - $60,776,817


2019 vs 2018

RIFLE MARKET Advantage: SELLER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

15%

AVERAGE SOLD PRICE PER SQUARE FOOT

14%

2018 - $177,065 2019 - $204,002

2018 - $129 2019 - $147

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

9%

2018 - $62,500 2019 - $68,000

12%

2018 - $292,000 2019 - $326,000

AVERAGE DAYS ON MARKET

% SOLD PRICE TO ORIGINAL LIST PRICE

0%

0%

2018 - 90 2019 - 90

2018 - 99% 2019 - 99%

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

0%

2018 - 52 2019 - 52

15%

2018 - $9,207,399 2019 - $10,608,100


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

0%

4%

41%

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

2018 - $4,990,580 2019 - $5,000,000

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%

AVERAGE SOLD PRICE PER SQUARE FOOT

0%

AVERAGE DAYS ON MARKET

9%

% SOLD PRICE TO ORIGINAL LIST PRICE

0%

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

2018 - $433 2019 - $434

2018 - 173 2019 - 189

2018 - 98% 2019 - 98%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

123%

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

42%

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

17%

2018 - 76 2019 - 89

31%

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


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

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


Third Quarter 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


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