Third Quarter 2018 vs 2017
MARKET REPORT
Aspen Snowmass Village Basalt Carbondale Glenwood Springs New Castle
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
Third Quarter 2018 vs 2017
ASPEN MARKET Single-Family Homes
16%
1%
23%
1%
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE DAYS ON MARKET
% SOLD PRICE TO ORIGINAL LIST PRICE
2017 - $8,016,000 2018 - $6,712,340
2017 - $1,583 2018 - $1,592
2017 - 345 2018 - 265
2017 - 92% 2018 - 93%
49%
28%
29%
41%
LOWEST PRICE SOLD
HIGHEST PRICE SOLD
NUMBER OF PROPERTIES SOLD
TOTAL SALES VOLUME
2017 - $1,852,500 2018 - $937,500
2017 - $30,000,000 2018 - $21,500,000
2017 - 78 2018 - 55
2017 - $625,247,971 2018 - $369,178,707
Third Quarter 2018 vs 2017
ASPEN MARKET Condominiums/Townhomes/Duplexes
27%
11%
28%
1%
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE DAYS ON MARKET
% SOLD PRICE TO ORIGINAL LIST PRICE
2017 - $2,191,326 2018 - $2,781,472
2017 - $1,377 2018 - $1,526
2017 - 241 2018 - 308
2017 - 95% 2018 - 94%
60%
73%
33%
15%
LOWEST PRICE SOLD
HIGHEST PRICE SOLD
NUMBER OF PROPERTIES SOLD
TOTAL SALES VOLUME
2017 - $149,000 2018 - $239,000
2017 - $10,631,000 2018 - $18,344,736
2017 - 142 2018 - 95
2017 - $311,168,358 2018 - $264,239,854
Third Quarter 2018 vs 2017
ASPEN MARKET Fractional
6%
7%
22%
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE DAYS ON MARKET
2017 - $349,521 2018 - $369,537
2017 - $171 2018 - $182
2017 - 266 2018 - 207
108%
44%
22%
0%
% SOLD PRICE TO ORIGINAL LIST PRICE 2017 - 90% 2018 - 90%
18%
LOWEST PRICE SOLD
HIGHEST PRICE SOLD
NUMBER OF PROPERTIES SOLD
TOTAL SALES VOLUME
2017 - $4,800 2018 - $10,000
2017 - $1,600,000 2018 - $2,300,000
2017 - 76 2018 - 59
2017 - $26,563,586 2018 - $21,802,700
Local Market Update for September 2018 A Research Tool Provided by the Colorado Association of REALTORS®
Aspen September
Single Family
Thru 09-2017
Thru 9-2018
Percent Change from Previous Year
Key Metrics
2017
New Listings
8
7
- 12.5%
154
145
- 5.8%
Sold Listings
9
13
+ 44.4%
87
58
- 33.3%
Median Sales Price*
$6,675,000
$5,100,000
- 23.6%
$5,800,000
$5,262,500
- 9.3%
Average Sales Price*
$9,176,667
$5,463,462
- 40.5%
$7,321,367
$6,431,525
- 12.2%
91.2%
95.6%
+ 4.8%
92.2%
92.7%
+ 0.5%
Days on Market Until Sale
209
195
- 6.7%
238
185
- 22.3%
Inventory of Homes for Sale
178
162
- 9.0%
--
--
--
Months Supply of Inventory
19.1
24.0
+ 25.7%
--
--
--
Percent of List Price Received*
2018
Year to Date Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
September
Townhouse-Condo
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
12
10
- 16.7%
183
160
- 12.6%
Sold Listings
23
13
- 43.5%
142
95
- 33.1%
Median Sales Price*
$1,987,500
$1,700,000
- 14.5%
$1,504,000
$1,600,000
+ 6.4%
Average Sales Price*
$2,912,522
$2,841,731
- 2.4%
$2,180,314
$2,781,472
+ 27.6%
96.3%
95.6%
- 0.7%
95.1%
94.4%
- 0.7%
Days on Market Until Sale
123
150
+ 22.0%
170
163
- 4.1%
Inventory of Homes for Sale
136
126
- 7.4%
--
--
--
Months Supply of Inventory
9.3
11.8
+ 26.9%
--
--
--
Percent of List Price Received*
Thru 09-2017
Thru 9-2018
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Aspen —
$7,000,000
Entire MLS — Aspen — $2,000,000
$6,000,000 $1,500,000
$5,000,000 $4,000,000
$1,000,000 $3,000,000 $2,000,000
$500,000
$1,000,000 $0 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
$0 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
Current as of October 3, 2018. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2018 ShowingTime.
Third Quarter 2018 vs 2017
SNOWMASS VILLAGE MARKET Single-Family Homes
5%
2%
14%
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE DAYS ON MARKET
2017 - $3,423,250 2018 - $3,252,932
2017 - $783 2018 - $764
2017 - 347 2018 - 297
12%
5%
31%
0%
% SOLD PRICE TO ORIGINAL LIST PRICE 2017 - 92% 2018 - 92%
24%
LOWEST PRICE SOLD
HIGHEST PRICE SOLD
NUMBER OF PROPERTIES SOLD
TOTAL SALES VOLUME
2017 - $1,250,000 2018 - $1,100,000
2017 - $10,100,000 2018 - $9,550,000
2017 - 26 2018 - 34
2017 - $89,004,500 2018 - $110,599,677
Third Quarter 2018 vs 2017
SNOWMASS VILLAGE MARKET Condominiums/Townhomes/Duplexes
25%
3%
42%
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE DAYS ON MARKET
2017 - $957,754 2018 - $720,275
2017 - $622 2018 - $640
2017 - 367 2018 - 214
6%
23%
41%
0%
% SOLD PRICE TO ORIGINAL LIST PRICE 2017 - 95% 2018 - 95%
6%
LOWEST PRICE SOLD
HIGHEST PRICE SOLD
NUMBER OF PROPERTIES SOLD
TOTAL SALES VOLUME
2017 - $61,114 2018 - $57,500
2017 - $3,590,000 2018 - $4,425,000
2017 - 74 2018 - 104
2017 - $70,873,767 2018 - $74,908,600
Third Quarter 2018 vs 2017
SNOWMASS VILLAGE MARKET Fractional
9%
71%
44%
2%
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE DAYS ON MARKET
% SOLD PRICE TO ORIGINAL LIST PRICE
2017 - $187,087 2018 - $203,029
2017 - $91 2018 - $156
2017 - 238 2018 - 133
2017 - 91% 2018 - 93%
14%
7%
26%
20%
LOWEST PRICE SOLD
HIGHEST PRICE SOLD
NUMBER OF PROPERTIES SOLD
TOTAL SALES VOLUME
2017 - $61,500 2018 - $70,000
2017 - $280,000 2018 - $300,000
2017 - 23 2018 - 17
2017 - $4,303,000 2018 - $3,451,500
Local Market Update for September 2018 A Research Tool Provided by the Colorado Association of REALTORS®
Snowmass Village September
Single Family
Year to Date Percent Change from Previous Year
Thru 09-2017
Thru 9-2018
Percent Change from Previous Year
Key Metrics
2017
2018
New Listings
3
5
+ 66.7%
61
67
+ 9.8%
Sold Listings
2
6
+ 200.0%
26
34
+ 30.8%
Median Sales Price*
$2,775,000
$2,860,000
+ 3.1%
$2,568,500
$2,775,000
+ 8.0%
Average Sales Price*
$2,775,000
$3,392,500
+ 22.3%
$3,423,250
$3,303,778
- 3.5%
98.8%
93.0%
- 5.9%
91.9%
93.4%
+ 1.6%
Days on Market Until Sale
326
220
- 32.5%
238
237
- 0.4%
Inventory of Homes for Sale
78
66
- 15.4%
--
--
--
Months Supply of Inventory
26.8
15.5
- 42.2%
--
--
--
Percent of List Price Received*
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
September
Townhouse-Condo Key Metrics
2017
2018
Year to Date Percent Change from Previous Year
Thru 09-2017
Thru 9-2018
Percent Change from Previous Year
New Listings
8
11
+ 37.5%
91
188
+ 106.6%
Sold Listings
10
14
+ 40.0%
74
104
+ 40.5%
Median Sales Price*
$522,000
$597,000
+ 14.4%
$560,500
$507,500
- 9.5%
Average Sales Price*
$1,152,900
$885,029
- 23.2%
$957,754
$720,275
- 24.8%
96.2%
96.2%
0.0%
95.2%
95.4%
+ 0.2%
Days on Market Until Sale
319
124
- 61.1%
252
138
- 45.2%
Inventory of Homes for Sale
137
133
- 2.9%
--
--
--
Months Supply of Inventory
15.5
11.9
- 23.2%
--
--
--
Percent of List Price Received*
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Snowmass Village —
$4,000,000
Entire MLS — Snowmass Village — $800,000
$700,000 $3,000,000 $600,000
$2,000,000
$500,000
$400,000 $1,000,000 $300,000
$0 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
$200,000 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
Current as of October 3, 2018. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2018 ShowingTime.
Third Quarter 2018 vs 2017
WOODY CREEK MARKET Single-Family Homes
169%
54%
56%
8%
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE DAYS ON MARKET
% SOLD PRICE TO ORIGINAL LIST PRICE
2017 - $2,431,667 2018 - $6,540,833
2017 - $558 2018 - $861
2017 - 503 2018 - 784
2017 - 93% 2018 - 86%
58%
279%
100%
438%
LOWEST PRICE SOLD
HIGHEST PRICE SOLD
NUMBER OF PROPERTIES SOLD
TOTAL SALES VOLUME
2017 - $1,295,000 2018 - $545,000
2017 - $3,700,000 2018 - $14,025,000
2017 - 3 2018 - 6
2017 - $7,295,000 2018 - $39,245,000
Local Market Update for September 2018 A Research Tool Provided by the Colorado Association of REALTORS®
Woody Creek September
Single Family
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
0
0
--
5
7
+ 40.0%
Sold Listings
0
2
--
3
6
+ 100.0%
Median Sales Price*
$0
$1,675,000
--
$2,300,000
$3,600,000
+ 56.5%
Average Sales Price*
$0
$1,675,000
--
$2,431,667
$5,044,000
+ 107.4%
0.0%
95.7%
--
93.4%
93.9%
+ 0.5%
Days on Market Until Sale
0
16
--
446
167
- 62.6%
Inventory of Homes for Sale
15
9
- 40.0%
--
--
--
Months Supply of Inventory
12.5
6.3
- 49.6%
--
--
--
Percent of List Price Received*
Thru 09-2017
Thru 9-2018
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
September
Townhouse-Condo
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
0
0
--
0
0
--
Sold Listings
0
0
--
0
0
--
Median Sales Price*
$0
$0
--
$0
$0
--
Average Sales Price*
$0
$0
--
$0
$0
--
0.0%
0.0%
--
0.0%
0.0%
--
Days on Market Until Sale
0
0
--
0
0
--
Inventory of Homes for Sale
0
0
--
--
--
--
Months Supply of Inventory
0.0
0.0
--
--
--
--
Percent of List Price Received*
Thru 09-2017
Thru 9-2018
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Woody Creek —
$14,000,000
Entire MLS — Woody Creek — $500,000
$12,000,000 $400,000 $10,000,000 $300,000
$8,000,000 $6,000,000
$200,000
$4,000,000 $100,000 $2,000,000 $0 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
$0 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
Current as of October 3, 2018. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2018 ShowingTime.
Third Quarter 2018 vs 2017
OLD SNOWMASS MARKET Single-Family Homes
233%
129%
7%
3%
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE DAYS ON MARKET
% SOLD PRICE TO ORIGINAL LIST PRICE
2017 - $1,228,556 2018 - $4,088,250
2017 - $437 2018 - $999
2017 - 430 2018 - 400
2017 - 91% 2018 - 94%
58%
135%
33%
344%
LOWEST PRICE SOLD
HIGHEST PRICE SOLD
NUMBER OF PROPERTIES SOLD
TOTAL SALES VOLUME
2017 - $495,000 2018 - $784,000
2017 - $4,900,000 2018 - $11,500,000
2017 - 9 2018 - 12
2017 - $11,057,000 2018 - $49,059,000
Local Market Update for September 2018 A Research Tool Provided by the Colorado Association of REALTORS®
Old Snowmass September
Single Family
Year to Date Percent Change from Previous Year
Thru 09-2017
Thru 9-2018
Percent Change from Previous Year
Key Metrics
2017
2018
New Listings
4
0
- 100.0%
37
25
- 32.4%
Sold Listings
1
2
+ 100.0%
11
15
+ 36.4%
Median Sales Price*
$637,500
$1,296,000
+ 103.3%
$760,000
$2,575,000
+ 238.8%
Average Sales Price*
$637,500
$1,296,000
+ 103.3%
$1,071,091
$3,336,200
+ 211.5%
91.7%
97.4%
+ 6.2%
92.9%
94.7%
+ 1.9%
Days on Market Until Sale
351
230
- 34.5%
187
214
+ 14.4%
Inventory of Homes for Sale
44
33
- 25.0%
--
--
--
Months Supply of Inventory
30.3
16.5
- 45.5%
--
--
--
Percent of List Price Received*
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
September
Townhouse-Condo
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
2
0
- 100.0%
7
2
- 71.4%
Sold Listings
1
0
- 100.0%
5
2
- 60.0%
Median Sales Price*
$270,000
$0
- 100.0%
$265,000
$337,000
+ 27.2%
Average Sales Price*
$270,000
$0
- 100.0%
$262,400
$337,000
+ 28.4%
94.7%
0.0%
- 100.0%
96.0%
97.8%
+ 1.9%
Percent of List Price Received*
Thru 09-2017
Thru 9-2018
Percent Change from Previous Year
Days on Market Until Sale
86
0
- 100.0%
124
43
- 65.3%
Inventory of Homes for Sale
4
1
- 75.0%
--
--
--
Months Supply of Inventory
4.0
0.8
- 80.0%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Old Snowmass —
$4,000,000
Entire MLS — Old Snowmass — $500,000
$400,000 $3,000,000 $300,000 $2,000,000 $200,000 $1,000,000 $100,000
$0 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
$0 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
Current as of October 3, 2018. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2018 ShowingTime.
Third Quarter 2018 vs 2017
BASALT MARKET Single Family Homes
16%
18%
14%
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE DAYS ON MARKET
2017 - $911,384 2018 - $1,053,790
2017 - $346 2018 - $409
2017 - 197 2018 - 224
96%
11%
12%
0%
% SOLD PRICE TO ORIGINAL LIST PRICE 2017 - 95% 2018 - 95%
29%
LOWEST PRICE SOLD
HIGHEST PRICE SOLD
NUMBER OF PROPERTIES SOLD
TOTAL SALES VOLUME
2017 - $179,000 2018 - $350,000
2017 - $4,000,000 2018 - $3,575,000
2017 - 51 2018 - 57
2017 - $46,480,600 2018 - $60,066,009
Third Quarter 2018 vs 2017
BASALT MARKET Condominiums/Townhomes/Duplexes
8%
20%
25%
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE DAYS ON MARKET
2017 - $547,436 2018 - $592,163
2017 - $373 2018 - $449
2017 - 151 2018 - 189
30%
14%
6%
0%
% SOLD PRICE TO ORIGINAL LIST PRICE 2017 - 98% 2018 - 98%
14%
LOWEST PRICE SOLD
HIGHEST PRICE SOLD
NUMBER OF PROPERTIES SOLD
TOTAL SALES VOLUME
2017 - $242,000 2018 - $314,000
2017 - $1,450,000 2018 - $1,245,000
2017 - 53 2018 - 56
2017 - $29,014,128 2018 - $33,161,130
Local Market Update for September 2018 A Research Tool Provided by the Colorado Association of REALTORS®
Basalt September
Single Family
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
5
4
- 20.0%
78
75
- 3.8%
Sold Listings
6
4
- 33.3%
31
43
+ 38.7%
Thru 09-2017
Thru 9-2018
Percent Change from Previous Year
Median Sales Price*
$846,800
$965,500
+ 14.0%
$810,000
$902,000
+ 11.4%
Average Sales Price*
$1,313,933
$1,084,000
- 17.5%
$1,083,213
$1,189,891
+ 9.8%
90.8%
97.4%
+ 7.3%
94.5%
94.7%
+ 0.2%
Days on Market Until Sale
387
165
- 57.4%
208
136
- 34.6%
Inventory of Homes for Sale
70
43
- 38.6%
--
--
--
Months Supply of Inventory
14.9
7.6
- 49.0%
--
--
--
Percent of List Price Received*
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
September
Townhouse-Condo
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
Thru 09-2017
Thru 9-2018
Percent Change from Previous Year
New Listings
4
9
Sold Listings
6
9
+ 125.0%
71
88
+ 23.9%
+ 50.0%
47
51
+ 8.5%
Median Sales Price*
$504,500
Average Sales Price*
$640,333
$535,000
+ 6.0%
$485,000
$520,000
+ 7.2%
$576,867
- 9.9%
$543,843
$583,885
+ 7.4%
97.4%
97.1%
- 0.3%
97.5%
98.2%
+ 0.7%
Days on Market Until Sale
66
263
+ 298.5%
70
147
+ 110.0%
Inventory of Homes for Sale
39
40
+ 2.6%
--
--
--
Months Supply of Inventory
6.1
5.9
- 3.3%
--
--
--
Percent of List Price Received*
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Basalt —
$1,000,000
Entire MLS — Basalt — $500,000
$450,000 $800,000 $400,000
$600,000
$350,000
$300,000 $400,000 $250,000
$200,000 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
$200,000 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
Current as of October 3, 2018. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2018 ShowingTime.
Local Market Update for September 2018 A Research Tool Provided by the Colorado Association of REALTORS®
Missouri Heights September
Single Family
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
3
7
+ 133.3%
48
51
+ 6.3%
Sold Listings
4
4
0.0%
23
31
+ 34.8%
Median Sales Price*
$841,000
$1,050,000
+ 24.9%
$775,000
$795,000
+ 2.6%
Average Sales Price*
$820,500
$1,155,750
+ 40.9%
$1,033,811
$878,073
- 15.1%
92.1%
94.6%
+ 2.7%
95.6%
95.7%
+ 0.1%
Days on Market Until Sale
173
267
+ 54.3%
194
156
- 19.6%
Inventory of Homes for Sale
41
37
- 9.8%
--
--
--
Months Supply of Inventory
13.2
9.9
- 25.0%
--
--
--
Percent of List Price Received*
Thru 09-2017
Thru 9-2018
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
September
Townhouse-Condo
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
0
0
--
0
0
--
Sold Listings
0
0
--
0
0
--
Median Sales Price*
$0
$0
--
$0
$0
--
Average Sales Price*
$0
$0
--
$0
$0
--
0.0%
0.0%
--
0.0%
0.0%
--
Days on Market Until Sale
0
0
--
0
0
--
Inventory of Homes for Sale
0
0
--
--
--
--
Months Supply of Inventory
0.0
0.0
--
--
--
--
Percent of List Price Received*
Thru 09-2017
Thru 9-2018
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Missouri Heights —
$1,000,000
Entire MLS — Missouri Heights — $500,000
$400,000 $800,000 $300,000 $600,000 $200,000 $400,000 $100,000
$200,000 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
$0 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
Current as of October 3, 2018. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2018 ShowingTime.
Third Quarter 2018 vs 2017
CARBONDALE MARKET Single Family Homes
5%
14%
16%
1%
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE DAYS ON MARKET
% SOLD PRICE TO ORIGINAL LIST PRICE
2017 - $821,778 2018 - $866,617
2017 - $271 2018 - $308
2017 - 174 2018 - 147
2017 - 96% 2018 - 95%
6%
25%
18%
24%
LOWEST PRICE SOLD
HIGHEST PRICE SOLD
NUMBER OF PROPERTIES SOLD
TOTAL SALES VOLUME
2017 - $345,000 2018 - $325,000
2017 - $2,000,000 2018 - $2,500,000
2017 - 67 2018 - 79
2017 - $55,059,100 2018 - $68,462,777
Third Quarter 2018 vs 2017
CARBONDALE MARKET Condominiums/Townhomes/Duplexes
13%
12%
26%
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE DAYS ON MARKET
2017 - $458,310 2018 - $516,645
2017 - $270 2018 - $302
2017 - 182 2018 - 135
6%
5%
13%
0%
% SOLD PRICE TO ORIGINAL LIST PRICE 2017 - 97% 2018 - 97%
2%
LOWEST PRICE SOLD
HIGHEST PRICE SOLD
NUMBER OF PROPERTIES SOLD
TOTAL SALES VOLUME
2017 - $187,000 2018 - $176,000
2017 - $1,070,000 2018 - $1,125,000
2017 - 54 2018 - 47
2017 - $24,748,715 2018 - $24,282,307
Local Market Update for September 2018 A Research Tool Provided by the Colorado Association of REALTORS®
Carbondale September
Single Family
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
12
22
+ 83.3%
214
199
- 7.0%
Sold Listings
9
13
+ 44.4%
117
123
+ 5.1%
Median Sales Price*
$795,000
$700,000
- 11.9%
$680,000
$769,500
+ 13.2%
Average Sales Price*
$809,111
$858,923
+ 6.2%
$812,447
$850,691
+ 4.7%
93.3%
96.6%
+ 3.5%
95.8%
96.5%
+ 0.7%
Days on Market Until Sale
154
119
- 22.7%
130
119
- 8.5%
Inventory of Homes for Sale
135
105
- 22.2%
--
--
--
Months Supply of Inventory
10.1
7.3
- 27.7%
--
--
--
Percent of List Price Received*
Thru 09-2017
Thru 9-2018
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
September
Townhouse-Condo Key Metrics
2017
2018
New Listings
6
6
Sold Listings
4
3
Median Sales Price*
$524,000
$535,000
Average Sales Price*
$608,000
$523,333
93.2%
96.9%
Percent of List Price Received*
Year to Date Percent Change from Previous Year
Percent Change from Previous Year
Thru 09-2017
Thru 9-2018
0.0%
69
71
+ 2.9%
- 25.0%
60
51
- 15.0%
+ 2.1%
$422,500
$475,000
+ 12.4%
- 13.9%
$470,037
$530,300
+ 12.8%
+ 4.0%
97.2%
97.3%
+ 0.1%
Days on Market Until Sale
161
17
- 89.4%
156
97
- 37.8%
Inventory of Homes for Sale
41
31
- 24.4%
--
--
--
Months Supply of Inventory
6.0
5.2
- 13.3%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Carbondale —
Entire MLS — Carbondale —
$800,000
$500,000
$700,000
$450,000
$600,000
$400,000
$500,000
$350,000
$400,000
$300,000
$300,000
$250,000
$200,000 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
$200,000 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
Current as of October 3, 2018. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2018 ShowingTime.
Third Quarter 2018 vs 2017
GLENWOOD SPRINGS MARKET Single Family Homes
4%
1%
8%
1%
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE DAYS ON MARKET
% SOLD PRICE TO ORIGINAL LIST PRICE
2017 - $558,613 2018 - $582,669
2017 - $240 2018 - $242
2017 - 121 2018 - 111
2017 - 97% 2018 - 98%
71%
9%
9%
14%
LOWEST PRICE SOLD
HIGHEST PRICE SOLD
NUMBER OF PROPERTIES SOLD
TOTAL SALES VOLUME
2017 - $140,000 2018 - $239,000
2017 - $1,369,000 2018 - $1,245,000
2017 - 121 2018 - 132
2017 - $67,592,220 2018 - $76,912,371
w w w.v i s i t g l e n w o o d .c o m
Third Quarter 2018 vs 2017
GLENWOOD SPRINGS MARKET Condominiums/Townhomes/Duplexes
1%
3%
14%
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE DAYS ON MARKET
2017 - $300,244 2018 - $304,447
2017 - $233 2018 - $226
2017 - 96 2018 - 83
35%
3%
2%
0%
% SOLD PRICE TO ORIGINAL LIST PRICE 2017 - 98% 2018 - 98%
3%
LOWEST PRICE SOLD
HIGHEST PRICE SOLD
NUMBER OF PROPERTIES SOLD
TOTAL SALES VOLUME
2017 - $62,000 2018 - $40,000
2017 - $610,000 2018 - $630,000
2017 - 57 2018 - 58
2017 - $17,113,936 2018 - $17,657,900
Local Market Update for September 2018 A Research Tool Provided by the Colorado Association of REALTORS®
Glenwood Springs September
Single Family
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
15
19
+ 26.7%
199
192
- 3.5%
Sold Listings
18
19
+ 5.6%
123
133
+ 8.1%
Median Sales Price*
$527,000
$520,000
- 1.3%
$507,000
$549,000
+ 8.3%
Average Sales Price*
$587,923
$527,843
- 10.2%
$560,416
$582,687
+ 4.0%
96.5%
97.1%
+ 0.6%
97.4%
97.5%
+ 0.1%
Percent of List Price Received*
Thru 09-2017
Thru 9-2018
Percent Change from Previous Year
Days on Market Until Sale
110
62
- 43.6%
77
67
- 13.0%
Inventory of Homes for Sale
98
69
- 29.6%
--
--
--
Months Supply of Inventory
7.5
4.8
- 36.0%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
September
Townhouse-Condo
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
8
9
+ 12.5%
75
87
+ 16.0%
Sold Listings
5
7
+ 40.0%
58
58
0.0%
Median Sales Price*
$315,000
$295,000
- 6.3%
$295,000
$310,000
+ 5.1%
Average Sales Price*
$300,500
$285,929
- 4.8%
$296,533
$304,447
+ 2.7%
99.0%
94.9%
- 4.1%
97.8%
97.9%
+ 0.1%
Percent of List Price Received*
Thru 09-2017
Thru 9-2018
Percent Change from Previous Year
Days on Market Until Sale
107
86
- 19.6%
49
55
+ 12.2%
Inventory of Homes for Sale
23
22
- 4.3%
--
--
--
Months Supply of Inventory
4.3
3.5
- 18.6%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — Glenwood Springs —
Entire MLS — Glenwood Springs —
$600,000
$500,000
$500,000
$400,000
$400,000
$300,000
$300,000
$200,000
$200,000 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
$100,000 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
Current as of October 3, 2018. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2018 ShowingTime.
Third Quarter 2018 vs 2017
NEW CASTLE MARKET Single Family Homes
5%
9%
13%
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE DAYS ON MARKET
2017 - $400,746 2018 - $420,565
2017 - $192 2018 - $209
2017 - 119 2018 - 103
86%
46%
5%
LOWEST PRICE SOLD
HIGHEST PRICE SOLD
NUMBER OF PROPERTIES SOLD
2017 - $110,000 2018 - $205,000
2017 - $1,150,000 2018 - $624,000
2017 - 85 2018 - 81
0%
% SOLD PRICE TO ORIGINAL LIST PRICE 2017 - 98% 2018 - 98%
0%
TOTAL SALES VOLUME 2017 - $34,063,387 2018 - $34,065,772
Third Quarter 2018 vs 2017
NEW CASTLE MARKET Condominiums/Townhomes/Duplexes
1%
3%
2%
AVERAGE SOLD PRICE
AVERAGE SOLD PRICE PER SQUARE FOOT
AVERAGE DAYS ON MARKET
2017 - $264,486 2018 - $262,349
2017 - $188 2018 - $193
2017 - 98 2018 - 100
6%
9%
47%
0%
% SOLD PRICE TO ORIGINAL LIST PRICE 2017 - 99% 2018 - 99%
46%
LOWEST PRICE SOLD
HIGHEST PRICE SOLD
NUMBER OF PROPERTIES SOLD
TOTAL SALES VOLUME
2017 - $159,900 2018 - $169,000
2017 - $405,000 2018 - $368,410
2017 - 32 2018 - 47
2017 - $8,463,550 2018 - $12,330,410
Local Market Update for September 2018 A Research Tool Provided by the Colorado Association of REALTORS®
New Castle September
Single Family
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
10
13
+ 30.0%
111
114
+ 2.7%
Sold Listings
10
9
- 10.0%
85
82
- 3.5%
Median Sales Price*
$417,000
$403,000
- 3.4%
$390,000
$401,000
+ 2.8%
Average Sales Price*
$406,900
$428,389
+ 5.3%
$400,746
$420,924
+ 5.0%
96.9%
98.4%
+ 1.5%
98.1%
98.4%
+ 0.3%
Days on Market Until Sale
45
50
+ 11.1%
72
64
- 11.1%
Inventory of Homes for Sale
43
32
- 25.6%
--
--
--
Months Supply of Inventory
5.0
3.9
- 22.0%
--
--
--
Percent of List Price Received*
Thru 09-2017
Thru 9-2018
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
September
Townhouse-Condo
Thru 09-2017
Thru 9-2018
Percent Change from Previous Year
--
49
64
+ 30.6%
+ 66.7%
32
47
+ 46.9%
+ 54.7%
$270,250
$280,000
+ 3.6%
+ 23.5%
$264,486
$262,349
- 0.8%
98.0%
- 0.7%
98.9%
99.4%
+ 0.5%
46
79
+ 71.7%
55
58
+ 5.5%
15
10
- 33.3%
--
--
--
3.8
1.9
- 50.0%
--
--
--
Key Metrics
2017
2018
New Listings
0
3
Sold Listings
3
5
Median Sales Price*
$181,000
$280,000
Average Sales Price*
$216,000
$266,800
98.7%
Days on Market Until Sale Inventory of Homes for Sale Months Supply of Inventory
Percent of List Price Received*
Year to Date Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Entire MLS — New Castle —
$500,000
Entire MLS — New Castle — $500,000
$400,000 $400,000 $300,000 $300,000 $200,000 $200,000 $100,000
$100,000 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
$0 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
Current as of October 3, 2018. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2018 ShowingTime.