2 0 2 1 D O W N -VA L L E Y
MARKET REPORT
QUARTER ONE
QUARTER ONE
MARKET PERFORMANCE
D O W N -VA L L E Y The center of the Roaring Fork Valley offers easy access to everything: from art festivals, rodeos, block parties, hot springs, and farmer’s markets, to fine dining and fishing! It’s an amazing place where options for daily activities are so varied and plentiful; no matter the season, it’s hard to choose. Down-valley also embraces its mining, ranching, skiing, and resort identities, and has become an attractive place for sustainable businesses, - making it an extremely desirable place to live for people of all different backgrounds.
Q1 Market Update
OLD SNOWMASS
Old Snowmass: Snowmass, known by the locals as “Old Snowmass,” features charming homes, ranches, commercial businesses and plenty of recreation at nearby Snowmass ski area and Snowmass Village
NUMBER OF CLOSINGS IN FIRST QUARTER 4
2
5
9
2018
2019
2020
2021
AVER AGE SALE PRICE IN FIRST QUARTER 2018
4,800,000
2019
507,500
2020
4,737,059
2021
1,765,166
AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER $916
$317
2018
2019
$717
2020
$550
2021
AVERAGE DAYS ON MARKET FOR SALES IN FIRST QUARTER
286
158
927
131
2018
2019
2020
2021
Q1 Market Update
RUEDI RESERVOIR
Ruedi Reservoir: The perfect spot for enjoyment in Winter and after the snow melts. Spend your days boating, wakesurfing, swimming or SUP-ing in the beautiful scenic red rock lined area.
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NUMBER OF CLOSINGS IN FIRST QUARTER 1
2
1
2
2018
2019
2020
2021
AVER AGE SALE PRICE IN FIRST QUARTER 2018
775,000
2019
1,079,250
2020
750,000
2021
1,255,000
AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER $448
$436
$381
$244
2018
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN FIRST QUARTER
205
354
434
653
2018
2019
2020
2021
Q1 Market Update
BASALT
Basalt: Located in the Roaring Fork Lorem ipsum
Valley near Aspen, here you can enjoy quintessential Colorado. Whether it’s fresh air you seek, or frequenting shops and excellent restaurants, the community has something for everyone.
NUMBER OF CLOSINGS IN FIRST QUARTER 7
9
13
19
2018
2019
2020
2021
AVER AGE SALE PRICE IN FIRST QUARTER 2018
693,285
2019
1,395,166
2020
1,004,000
2021
1,126,776
AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER $49 5
$553
$463 $330
2018
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN FIRST QUARTER
116
168
184
196
2018
2019
2020
2021
Q1 Market Update
Sopris Ranch: Just a half hour from
EMMA-SOPRIS RANCH
Aspen, live amongst some of the most spectacular views Colorado provides, while thriving in a private community. View wildlife and natural landscapes, plus the best in recreation.
NUMBER OF CLOSINGS IN FIRST QUARTER 2
2
2018
2019
2
2020
5
2021
AVER AGE SALE PRICE IN FIRST QUARTER 2018
1,720,000
2019
1,840,250
2020
1,815,750
2021
2,354,000
AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER $596 $422
2018
2019
$522
2020
$630
2021
AVERAGE DAYS ON MARKET FOR SALES IN FIRST QUARTER
290
367
97
211
2018
2019
2020
2021
Q1 Market Update
Willits: Live close to the cutest town
WILLITS SINGLE FAMILY/TOWNHOME
center boasting first rate dining, and fun and spirited community events. Minutes to the slopes, world class hiking and biking trails and some of the best fly fishing spots around.
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NUMBER OF CLOSINGS IN FIRST QUARTER 9
10
11
10
2018
2019
2020
2021
AVER AGE SALE PRICE IN FIRST QUARTER 2018
619,531
2019
813,100
2020
831,218
2021
1,666,450
AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER $510
$474
$505
$519
2018
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN FIRST QUARTER
NA
NA
20
848
2018
2019
2020
2021
Q1 Market Update
MID-VALLEY LOTS & LAND
Mid-Valley Lots & Land: Bring your dreams and your vision. Prepare to be surrounded by majestic mountains and soak in year round recreation.
NUMBER OF CLOSINGS IN FIRST QUARTER 23
27
2018
2019
17
2020
81
2021
AVER AGE SALE PRICE IN FIRST QUARTER 2018
834,434
2019
192,196
2020
169,147
2021
402,597
AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER NA
NA
2018
2019
NA
NA
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN FIRST QUARTER
345
348
311
276
2018
2019
2020
2021
Q1 Market Update
EL JEBEL (SOPRIS/SHADOWROCK)
El Jebel: Live in a picturesque tiny town
in the heart of the Roaring Fork Valley conveniently close to Snowmass and Aspen. El Jebel offers year round activities, and excellent dining options.
NUMBER OF CLOSINGS IN FIRST QUARTER 4
2
2018
2019
7
2020
2
2021
AVER AGE SALE PRICE IN FIRST QUARTER 2018
675,000
2019
590,000
2020
711,642
2021
818,500
AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER $320
2018
$338
2019
$398 $315
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN FIRST QUARTER
148
113
176
198
2018
2019
2020
2021
Q1 Market Update
MISSOURI HEIGHTS
Missouri Heights: Many properties in
Missouri Heights are a haven for horse lovers who seek wide-open spaces and a rural, more tranquil environment with easy access to city life.
NUMBER OF CLOSINGS IN FIRST QUARTER 8
10
7
12
2018
2019
2020
2021
AVER AGE SALE PRICE IN FIRST QUARTER 2018
811,625
2019
1,139,502
2020
1,081,785
2021
1,739,947
AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER $439
$327 $302
$276
2018
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN FIRST QUARTER
257
206
568
100
2018
2019
2020
2021
Q1 Market Update
EAST CARBONDALE
East Carbondale: Lush landscape
surrounded by parks and recreation make this area desirable. Hiking and biking trails are plenty.
NUMBER OF CLOSINGS IN FIRST QUARTER 5
5
10
7
2018
2019
2020
2021
AVER AGE SALE PRICE IN FIRST QUARTER 2018
642,400
2019
706,200
2020
854,050
2021
1,003,857
AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
$312
$303
2018
2019
$343
2020
$419
2021
AVERAGE DAYS ON MARKET FOR SALES IN FIRST QUARTER
175
165
147
117
2018
2019
2020
2021
Q1 Market Update
CARBONDALE PROPER
Carbondale Proper: A picture perfect
downtown showcasing shopping and dining, located at the base of Mt. Sopris. Nature and recreation are in close proximity to this quaint and charming town.
NUMBER OF CLOSINGS IN FIRST QUARTER 22
15
21
30
2018
2019
2020
2021
AVER AGE SALE PRICE IN FIRST QUARTER 2018
748,420
2019
587,986
2020
723,870
2021
924,948
AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER $295
2018
$385
$327
$307
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN FIRST QUARTER
133
150
172
168
2018
2019
2020
2021
Q1 Market Update
CARBONDALE RURAL
Carbondale Rural: An attractively quaint and charming downtown with ideal shopping and dining, located at the base of Mt. Sopris. Unsurprisingly, nature and recreation are never in short supply here.
NUMBER OF CLOSINGS IN FIRST QUARTER 9
5
13
18
2018
2019
2020
2021
AVER AGE SALE PRICE IN FIRST QUARTER 2018
882,888
2019
904,500
2020
1,040,035
2021
1,344,972
AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER $335
$309
$250
2018
2019
2020
$412
2021
AVERAGE DAYS ON MARKET FOR SALES IN FIRST QUARTER
229
99
223
125
2018
2019
2020
2021
Q1 Market Update
RIVER VALLEY RANCH
River Valley Ranch: River Valley Ranch is a private community in the beautiful Crystal River valley community. Ideal for recreation enthusiasts and golf lovers.
NUMBER OF CLOSINGS IN FIRST QUARTER 10
3
6
2
2018
2019
2020
2021
AVER AGE SALE PRICE IN FIRST QUARTER 2018
1,017,400
2019
859,166
2020
1,142,294
2021
1,809,750
AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER $424 $264
2018
$266
2019
$302
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN FIRST QUARTER
176
145
252
156
2018
2019
2020
2021
Q1 Market Update
ASPEN GLEN
Aspen Glen: Nestled along four miles of the Roaring Fork River, Aspen Glen is the ideal golf course community, and home to Gold Medal trout fishing.
NUMBER OF CLOSINGS IN FIRST QUARTER 2
3
7
6
2018
2019
2020
2021
AVER AGE SALE PRICE IN FIRST QUARTER 2018
1,639,500
2019
902,500
2020
1,106,637
2021
1,480,333
AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER $328
2018
$364
2019
$322
2020
$338
2021
AVERAGE DAYS ON MARKET FOR SALES IN FIRST QUARTER
392
97
245
77
2018
2019
2020
2021
Q1 Market Update
Crystal River Valley: Residents are
CRYSTAL RIVER VALLEY
drawn to mountain biking trails, hoseback riding and hiking in Summer. In Winter, one might choose to take advantage of cross country skiing and snowshoeing trails or ice skating.
NUMBER OF CLOSINGS IN FIRST QUARTER 5
2
3
10
2018
2019
2020
2021
AVER AGE SALE PRICE IN FIRST QUARTER 2018
639,000
2019
685,000
2020
705,000
2021
787,739
AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER $653 $358
$316
2018
$297
2019
2020
2021
AVERAGE DAYS ON MARKET IFOR SALES N FIRST QUARTER
262
129
378
102
2018
2019
2020
2021
Q1 Market Update
GLENWOOD SPRINGS
Glenwood Springs: This area is known for world famous hot springs and a generous offering of outdoor activities. Live in the paradise of Glenwood Springs nestled between the Colorado and Roaring Fork rivers. NUMBER OF CLOSINGS IN FIRST QUARTER 49
44
54
51
2018
2019
2020
2021
AVER AGE SALE PRICE IN FIRST QUARTER 2018
494,356
2019
498,700
2020
510,932
2021
681,357
AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER $246
2018
$252
2019
$250
2020
$285
2021
AVERAGE DAYS ON MARKET FOR SALES IN FIRST QUARTER
848 119
145
108
95
2018
2019
2020
2021
Q1 Market Update
NEW CASTLE
New Castle: One of the most rapidly
growing new home developments on the Western Slope. Outdoor adventures, great food and wine and festivals and community events are some of the top draws.
NUMBER OF CLOSINGS IN FIRST QUARTER 27
28
28
40
2018
2019
2020
2021
AVER AGE SALE PRICE IN FIRST QUARTER 2018
400,203
2019
377,571
2020
377,071
2021
495,145
AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER $190
$206
$214
$247
2018
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN FIRST QUARTER
120
128
114
94
2018
2019
2020
2021
Q1 Market Update
RIFLE/SILT
Rifle/Silt: Resting along the Colorado River it’s the bridge to roughly 2.3 million acres of white River National Forest. Recreational activities abound, along with great camping for the true outdoor enthusiast.
NUMBER OF CLOSINGS IN FIRST QUARTER 73
59
54
84
2018
2019
2020
2021
AVER AGE SALE PRICE IN FIRST QUARTER 2018
295,354
2019
316,083
2020
349,394
2021
395,129
AVERAGE PRICE PER SQUARE FOOT IN FIRST QUARTER
$16 4
$162
$178
2018
2019
2020
$207
2021
AVERAGE DAYS ON MARKET FOR SALES IN FIRST QUARTER
120
121
119
108
2018
2019
2020
2021
LUXURY
REAL ESTATE
SINCE 1977
All reports are published April and May 2021 based on data available at the end of March 2021, except for the today stats. Information and statistics derived from the Multiple Listing Service. Neither the Board or its MLS guarantees or is in any way responsible for its accuracy. Data maintained by the Board or its MLS may not reflect all real estate activity in the market. Report reflects activity by all brokers participated in the MLS.