2 0 2 1 D O W N -VA L L E Y
MARKET REPORT
QUARTER THREE
QUARTER THREE
MARKET PERFORMANCE
D O W N -VA L L E Y 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
Q3 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 THIRD QUARTER 7
5
14
6
2018
2019
2020
2021
AVER AGE SALE PRICE IN THIRD QUARTER 2018
586,857
2019
1,815,800
2020
2,988,264
2021
3,350,167
AVERAGE PRICE PER SQUARE FOOT IN THIRD QUARTER
$313
2018
$446
2019
$714
2020
$912
2021
AVERAGE DAYS ON MARKET FOR SALES IN THIRD QUARTER
189
98
270
121
2018
2019
2020
2021
Q3 Market Update
RUEDI RESERVOIR
// Ruedi Reservoir //
The perfect spot for enjoyment in winter and after the snow melts. Spend your days off the grid - boating, wakesurfing, swimming, or SUP'ing in the beautiful scenic red-rock lined area.
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NUMBER OF CLOSINGS IN THIRD QUARTER 5
NA
12
4
2018
2019
2020
2021
AVER AGE SALE PRICE IN THIRD QUARTER 2018
947,000
2019
N/A
2020
1,331,692
2021
704,125
AVERAGE PRICE PER SQUARE FOOT IN THIRD QUARTER $922
NA $545 $333
2018
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN THIRD QUARTER
425
NA
156
84
2018
2019
2020
2021
Q3 Market Update
BASALT
// Basalt //
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Located in the Roaring Fork 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 THIRD QUARTER 14
19
20
21
2018
2019
2020
2021
AVER AGE SALE PRICE IN THIRD QUARTER 2018
1,049,571
2019
1,038,017
2020
943,000
2021
1,487,889
AVERAGE PRICE PER SQUARE FOOT IN THIRD QUARTER $559
2018
$707 $453
$472
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN THIRD QUARTER
152
150
164
122
2018
2019
2020
2021
Q3 Market Update
// Emma & Sopris Ranch //
EMMA-SOPRIS RANCH
Just a half hour from Aspen, live amongst some of the most spectacular views Colorado provides, while thriving in a rural, ranch-like setting with working farms. Residents enjoy wildlife, recreation, and natural landscapes, including stunning views of Mt. Sopris. NUMBER OF CLOSINGS IN THIRD QUARTER 2
2018
NA
7
2019
2020
2
2021
AVER AGE SALE PRICE IN THIRD QUARTER 2018
1,650,000
2019
N/A
2020
2,785,643
2021
3,112,500
AVERAGE PRICE PER SQUARE FOOT IN THIRD QUARTER N/A
$642
2019
2020
$774
$274
2018
2021
AVERAGE DAYS ON MARKET FOR SALES IN THIRD QUARTER
550
NA
141
64
2018
2019
2020
2021
Q3 Market Update
WILLITS SINGLE FAMILY/TOWNHOME
// Single - Family & Townhome // Live close to the cutest town center, boasting first-rate dining, and fun, spirited community events. Easy access to the slopes, world-class hiking and biking trails, and some of the best fly fishing.
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NUMBER OF CLOSINGS IN THIRD QUARTER 7
3
5
4
2018
2019
2020
2021
AVER AGE SALE PRICE IN THIRD QUARTER 2018
666,314
2019
1,041,667
2020
896,800
2021
1,355,600
AVERAGE PRICE PER SQUARE FOOT IN THIRD QUARTER $621 $392
$400
$423
2018
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN THIRD QUARTER
157
193
200
68
2018
2019
2020
2021
Q3 Market Update
EL JEBEL
// 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 THIRD QUARTER 10
7
2018
2019
9
2020
5
2021
AVER AGE SALE PRICE IN THIRD QUARTER 2018
712,050
2019
786,500
2020
878,381
2021
1,262,000
AVERAGE PRICE PER SQUARE FOOT IN THIRD QUARTER $521
$335
$361
$333
2018
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN THIRD QUARTER
174
124
55
87
2018
2019
2020
2021
Q3 Market Update
EAST CARBONDALE
// East Carbondale //
Lush landscapes surrounded by parks and recreation make this area desirable. Hiking and biking trails are plenty.
NUMBER OF CLOSINGS IN THIRD QUARTER 7
11
9
7
2018
2019
2020
2021
AVER AGE SALE PRICE IN THIRD QUARTER 2018
652,571
2019
976,227
2020
1,181,111
2021
1,860,300
AVERAGE PRICE PER SQUARE FOOT IN THIRD QUARTER $625 $369
$345
$348
2018
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN THIRD QUARTER
81
215
126
84
2018
2019
2020
2021
Q3 Market Update
CARBONDALE PROPER
// Carbondale Proper //
A picture-perfect downtown setting, 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 THIRD QUARTER 28
38
38
41
2018
2019
2020
2021
AVER AGE SALE PRICE IN THIRD QUARTER 2018
656,046
2019
738,940
2020
888,539
2021
969,925
AVERAGE PRICE PER SQUARE FOOT IN THIRD QUARTER $331
$315
2018
2019
$347
2020
$457
2021
AVERAGE DAYS ON MARKET FOR SALES IN THIRD QUARTER
112
110
142
105
2018
2019
2020
2021
Q3 Market Update
CARBONDALE RURAL
// Carbondale Rural //
Enjoy what Colorado living is all about in this rural community filled with fly fishing, biking trails and paths, horseback riding, rivers, creeks, pastures, and wildlife abound. Numerous ranches, horse properties, and modest homes. NUMBER OF CLOSINGS IN THIRD QUARTER 18
13
36
18
2018
2019
2020
2021
AVER AGE SALE PRICE IN THIRD QUARTER 2018
845,667
2019
994,423
2020
1,513,642
2021
1,712,394
AVERAGE PRICE PER SQUARE FOOT IN THIRD QUARTER $535 $288
$344
2018
2019
$387
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN THIRD QUARTER
159
191
163
90
2018
2019
2020
2021
Q3 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, tranquil environment with easy access to town.
NUMBER OF CLOSINGS IN THIRD QUARTER 15
7
12
11
2018
2019
2020
2021
AVER AGE SALE PRICE IN THIRD QUARTER 2018
954,797
2019
1,147,857
2020
2,098,667
2021
3,211,318
AVERAGE PRICE PER SQUARE FOOT IN THIRD QUARTER $800 $313
$306
$443
2018
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN THIRD QUARTER
147
201
264
86
2018
2019
2020
2021
Q3 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, and for those who enjoy just a short stroll to downtown Carbondale.
NUMBER OF CLOSINGS IN THIRD QUARTER 6
13
16
13
2018
2019
2020
2021
AVER AGE SALE PRICE IN THIRD QUARTER 2018
1,033,250
2019
1,163,518
2020
1,414,709
2021
1,548,869
AVERAGE PRICE PER SQUARE FOOT IN THIRD QUARTER
$297
$308
2018
2019
$393
2020
$472
2021
AVERAGE DAYS ON MARKET FOR SALES IN THIRD QUARTER
117
211
206
120
2018
2019
2020
2021
Q3 Market Update
ASPEN GLEN
// Aspen Glen //
Nestled along four miles of the Roaring Fork River and just north of Carbondale Proper, Aspen Glen is the ideal private and gated golf course community, and is home to Gold Medal trout fishing.
NUMBER OF CLOSINGS IN THIRD QUARTER 10
13
16
9
2018
2019
2020
2021
AVER AGE SALE PRICE IN THIRD QUARTER 2018
995,400
2019
1,279,000
2020
1,830,938
2021
1,764,333
AVERAGE PRICE PER SQUARE FOOT IN THIRD QUARTER $490 $231
$286
2018
2019
$359
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN THIRD QUARTER
225
205
192
109
2018
2019
2020
2021
Q3 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 THIRD QUARTER 15
9
2018
2019
64
2020
10
2021
AVER AGE SALE PRICE IN THIRD QUARTER 2018
479,750
2019
763,333
2020
295,738
2021
318,085
AVERAGE PRICE PER SQUARE FOOT IN THIRD QUARTER $10
$8
$7
$32
2018
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN THIRD QUARTER
239
375
87
136
2018
2019
2020
2021
Q3 Market Update
// Crystal River Valley //
CRYSTAL RIVER VALLEY
Rich in history and activities galore, residents are drawn to mountain biking trails, horseback riding, endless miles of 4X4 OHV roads, and hiking in the summer. In the winter, one might choose to take advantage of cross country skiing, snowshoeing, or ice skating. NUMBER OF CLOSINGS IN THIRD QUARTER 9
1
17
9
2018
2019
2020
2021
AVER AGE SALE PRICE IN THIRD QUARTER 2018
460,611
2019
460,000
2020
647,735
2021
813,464
AVERAGE PRICE PER SQUARE FOOT IN THIRD QUARTER $ 278
2018
$246
2019
$350
$375
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN THIRD QUARTER
114
47
160
100
2018
2019
2020
2021
// Proper & West //
Q3 Market Update
GLENWOOD SPRINGS (PROPER/WEST)
This resort town is known for its worldfamous hot springs and a generous offering of outdoor activities. Live in the paradise of the rugged Rocky Mountains, nestled between the Colorado and Roaring Fork Rivers. NUMBER OF CLOSINGS IN THIRD QUARTER 28
33
49
28
2018
2019
2020
2021
AVER AGE SALE PRICE IN THIRD QUARTER 2018
501,563
2019
539,271
2020
571,709
2021
616,346
AVERAGE PRICE PER SQUARE FOOT IN THIRD QUARTER
$236
$256
$276
2018
2019
2020
$347
2021
AVERAGE DAYS ON MARKET FOR SALES IN THIRD QUARTER
848 99
88
81
2018
2019
2020
51 2021
Q3 Market Update
SOUTH GLENWOOD SPRINGS
// South Glenwood Springs //
Located on the 'Up-Valley' side of Glenwood Springs, this area encompasses everything from golf course homes in Ironbridge, to riverside condominiums - all within minutes of the Roaring Fork River recreational opportunities. NUMBER OF CLOSINGS IN THIRD QUARTER 24
19
34
36
2018
2019
2020
2021
AVER AGE SALE PRICE IN THIRD QUARTER 2018
667,175
2019
670,774
2020
787,619
2021
917,457
AVERAGE PRICE PER SQUARE FOOT IN THIRD QUARTER $235
$234
2018
2019
$275
2020
$355
2021
AVERAGE DAYS ON MARKET FOR SALES IN THIRD QUARTER
92
114
95
2018
2019
2020
93 2021
Q3 Market Update
NEW CASTLE
// New Castle //
One of the newest, most rapidly-growing home developments on the Western Slope. Outdoor adventures, great food and wine, festivals, and community events are some of the top draws.
NUMBER OF CLOSINGS IN THIRD QUARTER 53
28
65
44
2018
2019
2020
2021
AVER AGE SALE PRICE IN THIRD QUARTER 2018
374,508
2019
448,193
2020
444,482
2021
509,659
AVERAGE PRICE PER SQUARE FOOT IN THIRD QUARTER $213
$215
$226
$257
2018
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN THIRD QUARTER
100
95
88
69
2018
2019
2020
2021
Q3 Market Update
RIFLE/SILT
// Rifle & Silt //
Resting along the Colorado River, Rifle and Silt are the bridges 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 THIRD QUARTER 94
61
105
118
2018
2019
2020
2021
AVER AGE SALE PRICE IN THIRD QUARTER 2018
329,164
2019
317,160
2020
367,565
2021
429,451
AVERAGE PRICE PER SQUARE FOOT IN THIRD QUARTER
$183
2018
$193
2019
$204
$246
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN THIRD QUARTER
92
80
79
74
2018
2019
2020
2021
LUXURY
REAL ESTATE
SINCE 1977
All Allreports reportsare arepublished publishedSeptember Septemberand andOctober October2021 2021based basedon ondata dataavailable availableat atthe theend endof ofSeptember September2021, 2021,except exceptfor forthe thetoday todaystats. stats.Information Informationand andstatistics statisticsderived derivedfrom fromthe theMultiple MultipleListing ListingService. Service.Neither Neitherthe theBoard Boardor orits itsMLS MLS guarantees guarantees or or isis in in any any way way responsible responsible for for its its accuracy. accuracy. Data Data maintained maintained by by the the Board Board or or its its MLS MLS may may not not reflect reflect all all real real estate estate activity activity in in the the market. market. Report Report reflects reflects activity activity by by all all brokers brokers participated participated in in the the MLS. MLS.