2 0 2 1 D O W N -VA L L E Y
MARKET REPORT
QUARTER TWO
QUARTER TWO
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.
Q2 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 SECOND QUARTER 10
4
4
5
2018
2019
2020
2021
AVER AGE SALE PRICE IN SECOND QUARTER 2018
3,336,900
2019
1,630,000
2020
2,568,750
2021
3,630,000
AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER $1232
$925
2018
$420
$518
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN SECOND QUARTER
654
250
346
263
2018
2019
2020
2021
Q2 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 SECOND QUARTER 2
NA
3
NA
2018
2019
2020
2021
AVER AGE SALE PRICE IN SECOND QUARTER 2018
647,500
2019
N/A
2020
2,966,666
2021
N/A
AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER NA
$1628
NA
2019
2020
2021
$250 2018
AVERAGE DAYS ON MARKET FOR SALES IN SECOND QUARTER
381
NA
319
NA
2018
2019
2020
2021
Q2 Market Update
BASALT
// Basalt // Lorem ipsum
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 SECOND QUARTER 18
11
18
22
2018
2019
2020
2021
AVER AGE SALE PRICE IN SECOND QUARTER 2018
1,050,536
2019
755,100
2020
849,690
2021
1,028,888
AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER $480
2018
$402
$444
2019
2020
$480
2021
AVERAGE DAYS ON MARKET FOR SALES IN SECOND QUARTER
165
205
215
96
2018
2019
2020
2021
Q2 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 SECOND QUARTER 3
1
3
1
2018
2019
2020
2021
AVER AGE SALE PRICE IN SECOND QUARTER 2018
1,221,333
2019
1,300,000
2020
2,850,000
2021
4,225,000
AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER $846 $474
2018
$400
$398
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN SECOND QUARTER
643
79
273
181
2018
2019
2020
2021
Q2 Market Update
// Willits //
WILLITS SINGLE-FAMILY & TOWNHOME
Live close to the cutest town center, boasting first-r ate dining, and fun, spirited community events. Easy access 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 SECOND QUARTER 9
16
17
16
2018
2019
2020
2021
AVER AGE SALE PRICE IN SECOND QUARTER 2018
619,531
2019
740,625
2020
709,216
2021
829,596
AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER $510 $376
2018
2019
$443
2020
$507
2021
AVERAGE DAYS ON MARKET FOR SALES IN SECOND QUARTER
264
121
174
98
2018
2019
2020
2021
Q2 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 SECOND QUARTER 4
2
2018
2019
7
2020
2
2021
AVER AGE SALE PRICE IN SECOND QUARTER 2018
627,927
2019
727,250
2020
860,000
2021
712,500
AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER $293
$298
$330
2018
2019
2020
$291
2021
AVERAGE DAYS ON MARKET FOR SALES IN SECOND QUARTER
237
275
96
56
2018
2019
2020
2021
Q2 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 SECOND QUARTER 8
10
7
12
2018
2019
2020
2021
AVER AGE SALE PRICE IN SECOND QUARTER 2018
800,664
2019
849,761
2020
1,493,472
2021
2,071,923
AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER $569 $262
$308
2018
2019
$383
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN SECOND QUARTER
439
251
253
299
2018
2019
2020
2021
Q2 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 SECOND QUARTER 21
24
44
31
2018
2019
2020
2021
AVER AGE SALE PRICE IN SECOND QUARTER 2018
527,750
2019
588,145
2020
607,156
2021
688,044
AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER $317
$307
2018
2019
$359
2020
$416
2021
AVERAGE DAYS ON MARKET FOR SALES IN SECOND QUARTER
72
108
74
92
2018
2019
2020
2021
Q2 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 SECOND QUARTER 9
9
8
11
2018
2019
2020
2021
AVER AGE SALE PRICE IN SECOND QUARTER 2018
791,444
2019
791,444
2020
783,281
2021
1,014,856
AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER
$337
$314
2018
2019
$372
2020
$448
2021
AVERAGE DAYS ON MARKET FOR SALES IN SECOND QUARTER
183
91
148
111
2018
2019
2020
2021
Q2 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 SECOND QUARTER 6
6
16
4
2018
2019
2020
2021
AVER AGE SALE PRICE IN SECOND QUARTER 2018
875,633
2019
588,145
2020
1,186,351
2021
1,681,500
AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER
$271
$307
2018
2019
$341
2020
$372
2021
AVERAGE DAYS ON MARKET FOR SALES IN SECOND QUARTER
151
108
281
97
2018
2019
2020
2021
Q2 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 home to Gold Medal trout fishing.
NUMBER OF CLOSINGS IN SECOND QUARTER 9
10
2
2
2018
2019
2020
2021
AVER AGE SALE PRICE IN SECOND QUARTER 2018
1,044,333
2019
1,044,333
2020
1,312,500
2021
2,987,500
AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER $571 $297
$285
$228
2018
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN SECOND QUARTER
321
290
311
76
2018
2019
2020
2021
Q2 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 reside in this quiet side of the valley, located along the Roaring Fork River. NUMBER OF CLOSINGS IN SECOND QUARTER 4
5
4
4
2018
2019
2020
2021
AVER AGE SALE PRICE IN SECOND QUARTER 2018
471,000
2019
904,500
2020
1,204,750
2021
4,433,788
AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER $790
$234
$250
2018
2019
$294
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN SECOND QUARTER
52
99
147
352
2018
2019
2020
2021
Q2 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 SECOND QUARTER 40
27
17
2018
2019
2020
58
2021
AVER AGE SALE PRICE IN SECOND QUARTER 2018
258,231
2019
192,196
2020
169,147
2021
458,508
AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER NA
NA
2018
2019
NA
NA
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN SECOND QUARTER
315
348
311
297
2018
2019
2020
2021
Q2 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 SECOND QUARTER NA
2
8
11
2018
2019
2020
2021
AVER AGE SALE PRICE IN SECOND QUARTER 2018
N/A
2019
685,000
2020
752,750
2021
892,727
AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER NA
$653 $416 $336
2018
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN SECOND QUARTER
NA
129
215
92
2018
2019
2020
2021
// Glenwood Springs //
Q2 Market Update
GLENWOOD SPRINGS (PROPER/WEST)
This resort town is known for its world-famous 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 SECOND QUARTER NA
51
29
54
2018
2019
2020
2021
AVER AGE SALE PRICE IN SECOND QUARTER 2018
892,025
2019
442,409
2020
482,063
2021
578,752
AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER $319
$272
$250
$236
2018
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN SECOND QUARTER
848 94
95
89
2018
2019
2020
60 2021
Q2 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 SECOND QUARTER 28
20
28
44
2018
2019
2020
2021
AVER AGE SALE PRICE IN SECOND QUARTER 2018
557,633
2019
552,475
2020
690,267
2021
889,479
AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER $228
$220
2018
2019
$257
2020
$375
2021
AVERAGE DAYS ON MARKET FOR SALES IN SECOND QUARTER
`140
130
137
110
2018
2019
2020
2021
Q2 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 SECOND QUARTER 52
53
30
42
2018
2019
2020
2021
AVER AGE SALE PRICE IN SECOND QUARTER 2018
352,000
2019
380,609
2020
357,163
2021
466,645
AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER $199
$209
$226
$257
2018
2019
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN SECOND QUARTER
96
90
114
62
2018
2019
2020
2021
Q2 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 SECOND QUARTER 100
113
87
111
2018
2019
2020
2021
AVER AGE SALE PRICE IN SECOND QUARTER 2018
285,920
2019
331,425
2020
338,541
2021
382,151
AVERAGE PRICE PER SQUARE FOOT IN SECOND QUARTER
$165
2018
$176
2019
$186
$222
2020
2021
AVERAGE DAYS ON MARKET FOR SALES IN SECOND QUARTER
86
94
97
85
2018
2019
2020
2021
LUXURY
REAL ESTATE
SINCE 1977
All reports are published June and July 2021 based on data available at the end of June 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.