Roaring Fork Valley Real Estate Market Updates - First Quarter - 2019

ToryThomas.Net

First Quarter 2019 vs 2018 5 Toby Lane, Aspen

ASPEN MARKET Advantage: BUYER

Single-Family Homes

18% 5%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE SOLD PRICE

12%

AVERAGE DAYS ON MARKET

9%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2018 $7,459,693 2017 -- $7,996,529 2019 2018 -- $7,119,048 $6,590,983

2018 - $1,455 2019 - $1,281

2018 - 277 2019 - 301

2018 - 91% 2019 - 90%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

64%

2018 - $2,540,707 2019 - $925,000

2%

2018 - $21,500,000 2019 - $21,950,000

50%

2018 - 14 2019 - 21

43%

2018 - $104,435,707 2019 - $149,500,000

First Quarter 2019 vs 2018

ASPEN MARKET Advantage: SELLER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

30%

AVERAGE SOLD PRICE PER SQUARE FOOT

13%

AVERAGE DAYS ON MARKET

40%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2018 - $3,692,995 2019 - $2,601,873

2018 - $1,413 2019 - $1,597

2018 - 359 2019 - 214

2018 - 94%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

2019 - 95%

2018 - $239,000

64%

2018 - $18,344,736

0% 2018 - 30

2018 - $110,789,854

2019 - $345,000

2019 - $6,662,500

2019 - 30

2019 - $78,056,190

44%

30%

First Quarter 2019 vs 2018 56 Aspen Way, Snowmass Village

SNOWMASS VILLAGE MARKET Advantage: SELLER

Single-Family Homes AVERAGE SOLD PRICE

141%

AVERAGE SOLD PRICE PER SQUARE FOOT

73%

AVERAGE DAYS ON MARKET

47%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2018 - $2,603,353 2019 - $6,270,357

2018 - $680 2019 - $1,175

2018 - 329 2019 - 175

2018 - 95% 2019 - 96%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

10%

2018 - $1,225,000 2019 - $1,350,000

225%

2018 - $4,400,000 2019 - $14,300,000

22%

2018 - 9 2019 - 7

87%

2018 - $23,430,177 2019 - $43,892,500

First Quarter 2019 vs 2018

SNOWMASS VILLAGE MARKET Advantage: SELLER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

155%

AVERAGE SOLD PRICE PER SQUARE FOOT

33%

AVERAGE DAYS ON MARKET

77%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2018 - $437,049

2018 - $607

2018 - 126

2018 - 96%

2019 - $1,114,460

2019 - $805

2019 - 223

2019 - 97%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

96%

510%

29%

82%

2018 - $213,750

2018 - $1,000,000

2018 - 35

2018 - $15,296,700

2019 - $420,000

2019 - $6,100,000

2019 - 25

2019 - $27,861,500

First Quarter 2019 vs 2018

415 E Dean St. Unit 49 Weeks 51 & 52, Aspen

ASPEN SHARED OWNERSHIP Shared Ownership AVERAGE SOLD PRICE

12%

Advantage: SELLER AVERAGE SOLD PRICE PER SQUARE FOOT

11%

AVERAGE DAYS ON MARKET

50%

28% 3%

% SOLD PRICE TO ORIGINAL LIST PRICE

2018 - $312,312 2019 - $348,810

2018 - $164 2019 - $182

2018 - 161 2019 - 241

2018 - 89% 2019 - 92%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

0%

2018 - $10,000 2019 - $10,000

6%

2018 - $875,000 2019 - $925,000

69%

2018 - 16 2019 - 27

88%

2018 - $4,997,000 2019 - $9,417,875

First Quarter 2019 vs 2018

SNOWMASS SHARED OWNERSHIP Advantage: SELLER

Shared Ownership AVERAGE SOLD PRICE

55%

AVERAGE SOLD PRICE PER SQUARE FOOT

37%

AVERAGE DAYS ON MARKET

27%

% SOLD PRICE TO ORIGINAL LIST PRICE

11%

2018 - $238,300

2018 - $125

2018 - 165

2018 - 94%

2019 - $106,785

2019 - $79

2019 - 120

2019 - 84%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

26%

1%

500%

169%

2018 - $74,000

2018 - $285,000

2018 - 5

2018 - $1,191,500

2019 - $55,000

2019 - $282,000

2019 - 30

2019 - $3,203,550

First Quarter 2019 vs 2018 34 Altamira Ranch Road, Basalt

BASALT MARKET Advantage: SELLER

Single Family Homes AVERAGE SOLD PRICE

11%

AVERAGE SOLD PRICE PER SQUARE FOOT

26%

AVERAGE DAYS ON MARKET

30%

% SOLD PRICE TO ORIGINAL LIST PRICE

2%

2018 - $1,178,312 2019 - $1,304,800

2018 - $381 2019 - $480

2018 - 169 2019 - 220

2018 - 95% 2019 - 97%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

14%

2018 - $574,500 2019 - $495,000

57%

2018 - $2,550,000 2019 - $4,000,000

88%

2018 - 8 2019 - 15

108%

2018 - $9,426,500 2019 - $19,572,000

First Quarter 2019 vs 2018

BASALT MARKET Advantage: SELLER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

47%

AVERAGE SOLD PRICE PER SQUARE FOOT

2%

AVERAGE DAYS ON MARKET

32%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2018 - $526,018 2019 - $772,536

2018 - $475 2019 - $465

2018 - 203 2019 - 139

2018 - 99% 2019 - 98%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

66%

2018 - $314,000 2019 - $520,000

61%

2018 - $900,000 2019 - $1,450,000

13%

2018 - 16 2019 - 14

29%

2018 - $8,416,280 2019 - $10,815,500

First Quarter 2019 vs 2018 31 Wind River Road, Carbondale

CARBONDALE MARKET Advantage: BUYER

Single Family Homes AVERAGE SOLD PRICE

23%

AVERAGE SOLD PRICE PER SQUARE FOOT

7%

AVERAGE DAYS ON MARKET

22%

% SOLD PRICE TO ORIGINAL LIST PRICE

0%

2018 - $926,488 2019 - $713,000

2018 - $296 2019 - $276

2018 - 171 2019 - 133

2017 - 96% 2018 - 96%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

9%

2018 - $425,000 2019 - $465,000

58%

2018 - $2,300,000 2019 - $965,000

52%

2018 - 21 2019 - 10

63%

2018 - $19,456,250 2019 - $7,130,000

First Quarter 2019 vs 2018

CARBONDALE MARKET Advantage: SELLER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

17%

AVERAGE SOLD PRICE PER SQUARE FOOT

10%

AVERAGE DAYS ON MARKET

6%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2018 - $531,000 2019 - $621,230

2018 - $310 2019 - $340

2018 - 133 2019 - 141

2018 - 96% 2019 - 97%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

12%

2018 - $320,000 2019 - $283,000

2%

2018 - $1,125,000 2019 - $1,150,000

11%

2018 - 9 2019 - 10

30%

2018 - $4,779,000 2019 - $6,212,300

First Quarter 2019 vs 2018

10 County Road 125, Glenwood Springs

GLENWOOD SPRINGS MARKET Advantage: BUYER

Single Family Homes AVERAGE SOLD PRICE

8%

AVERAGE SOLD PRICE PER SQUARE FOOT

1%

AVERAGE DAYS ON MARKET

20%

% SOLD PRICE TO ORIGINAL LIST PRICE

2%

2018 - $589,786 2019 - $637,436

2018 - $255 2019 - $259

2018 - 130 2019 - 156

2018 - 96% 2019 - 98%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

7%

2018 - $275,000 2019 - $256,000

21%

2018 - $1,245,000 2019 - $982,500

24%

2018 - 33 2019 - 25

18%

2018 - $19,462,950 2019 - $15,935,890

First Quarter 2019 vs 2018

GLENWOOD SPRINGS MARKET Advantage: SELLER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

9%

AVERAGE SOLD PRICE PER SQUARE FOOT

5%

AVERAGE DAYS ON MARKET

91%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2018 - $289,406 2019 - $316,316

2018 - $239 2019 - $251

2018 - 68 2019 - 130

2018 - 98% 2019 - 97%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

12%

2018 - $100,000 2019 - $112,000

35%

2018 - $363,000 2019 - $489,500

19%

2018 - 16 2019 - 19

30%

2018 - $4,630,500 2019 - $6,010,000

First Quarter 2019 vs 2018 Deer Valley Drive, New Castle

NEW CASTLE MARKET Advantage: BUYER

Single Family Homes AVERAGE SOLD PRICE

14%

AVERAGE SOLD PRICE PER SQUARE FOOT

4%

AVERAGE DAYS ON MARKET

7%

2018 - $417,509 2019 - $474,077

2018 - $197 2019 - $205

2018 - 126 2019 - 135

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

11%

2018 - $319,000 2018 - $284,000

40%

2018 - $557,000 2019 - $780,000

24%

2018 - 17 2019 - 13

% SOLD PRICE TO ORIGINAL LIST PRICE

0%

2018 - 98% 2019 - 98%

TOTAL SALES VOLUME

13%

2018 - $7,097,650 2019 - $6,163,000

First Quarter 2019 vs 2018

NEW CASTLE MARKET Advantage: SELLER

Condominiums/Townhomes/Duplexes AVERAGE SOLD PRICE

16%

AVERAGE SOLD PRICE PER SQUARE FOOT

17%

AVERAGE DAYS ON MARKET

7%

% SOLD PRICE TO ORIGINAL LIST PRICE

1%

2018 - $253,750 2019 - $293,867

2018 - $175 2019 - $205

2018 - 113 2019 - 121

2018 - 100% 2019 - 99%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

3%

2018 - $175,000 2019 - $170,000

18%

2018 - $359,000 2019 - $423,500

88%

2018 - 8 2019 - 15

117%

2018 - $2,030,000 2019 - $4,408,000

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