2021 First Quarter Reports
Have the real estate “gods” gone crazy? Life in the Roaring Fork Valley seems to be moving faster and faster in terms of the local real estate market. Limited real estate inventory is not just a reality here, it is everywhere! Sellers are currently realizing great rewards when selling their homes. Nationwide inventory has dwindled to only 2.4 months of supply and the national median home price has reached a record high of $311,000. Locally, the March|2021 median sales price for single family homes in Basalt, CO was $2,110,000. In 2020, it was $932,500. That is a 126.3% percent increase in homes in the past 12 months! The average days on the market were 42 days, which equates into a 2 month supply of inventory. Likewise, In Carbondale, CO March|2021 median sales price for single family homes was $1,617,500 as compared to $975,000 in 2020. That represents a 65.9% home value increase. Days on market until closing = 74 days, which means there is 1.6 month supply of available active of homes for sale. Below are the latest quarterly reports, however to see what home prices are selling for in your neighborhood, or to receive a comparable market analysis for your home or neighborhood, please call me today! The flip side of the coin is that Buyers are typically having to pay above fair market value just to find a place to live!
Daily reflections: “As a broker, my daily observations are that working families can no longer afford to work and live comfortably in the Roaring Fork Valley, and the fallout of this situation will impact all sectors of life as we know it. Currently there is a shortage of educated, qualified and skilled workers throughout all sectors of the work force. Employers cannot find enough help, and as housing prices rise, that problem will not go away.” Sellers should ask themselves the question “Would you buy your home for that price today?” As the local need for housing increases, and buyers struggle to find ways to qualify for higher loan amounts, where will we find ourselves down the road? While mortgage interest rates have remained at lower rates, and so far have not escalated along with real estate values everywhere, will it be enough to sustain the quality and diversity of life we all know and love in our beautiful mountain communities? Advice to all buyers: “Always stay focused on your dream! Now, and always, “where there is a will, there is a way”, and I am committed to helping you pursue your dream of home ownership here in Western Colorado!
Local Market Update for March 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Aspen March
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
4
11
+ 175.0%
20
32
+ 60.0%
Sold Listings
3
11
+ 266.7%
12
28
+ 133.3%
Median Sales Price*
$12,400,000
$6,900,000
- 44.4%
$6,816,667
$8,612,500
+ 26.3%
Average Sales Price*
$13,716,667
$6,878,636
- 49.9%
$8,531,581
$9,813,557
+ 15.0%
86.1%
93.5%
+ 8.6%
86.1%
94.4%
+ 9.6%
Days on Market Until Sale
434
230
- 47.0%
222
230
+ 3.6%
Inventory of Homes for Sale
155
84
- 45.8%
--
--
--
Months Supply of Inventory
21.1
5.2
- 75.4%
--
--
--
Percent of List Price Received*
Thru 03-2020
Thru 3-2021
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.
March
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
10
29
+ 190.0%
34
64
+ 88.2%
Sold Listings
9
23
+ 155.6%
25
48
+ 92.0%
Median Sales Price*
$3,285,000
$2,500,000
- 23.9%
$3,285,000
$2,056,000
- 37.4%
Average Sales Price*
$5,677,944
$3,070,616
- 45.9%
$5,243,860
$2,708,764
- 48.3%
89.6%
96.1%
+ 7.3%
92.4%
96.0%
+ 3.9%
Days on Market Until Sale
185
95
- 48.6%
150
97
- 35.3%
Inventory of Homes for Sale
119
80
- 32.8%
--
--
--
Months Supply of Inventory
10.5
4.6
- 56.2%
--
--
--
Percent of List Price Received*
Thru 03-2020
Thru 3-2021
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
Entire MLS — Aspen —
$10,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Aspen —
$3,000,000
$2,500,000
$8,000,000
$2,000,000 $6,000,000 $1,500,000 $4,000,000 $1,000,000 $2,000,000
$0 1-2016
$500,000
1-2017
1-2018
1-2019
1-2020
1-2021
$0 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of April 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for March 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Woody Creek March
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
1
0
- 100.0%
1
3
+ 200.0%
Sold Listings
0
0
--
0
0
--
Median Sales Price*
$0
$0
--
$0
$0
--
Average Sales Price*
Thru 03-2020
Thru 3-2021
Percent Change from Previous Year
$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
7
5
- 28.6%
--
--
--
Months Supply of Inventory
7.0
2.9
- 58.6%
--
--
--
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.
March
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
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*
Thru 03-2020
Thru 3-2021
Percent Change from Previous Year
$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*
* 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
Entire MLS — Woody Creek —
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
$7,000,000
$700,000
$6,000,000
$600,000
$5,000,000
$500,000
$4,000,000
$400,000
$3,000,000
$300,000
$2,000,000
$200,000
$1,000,000
$100,000
$0 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$0 1-2016
1-2017
1-2018
1-2019
Entire MLS — Woody Creek —
1-2020
1-2021
Current as of April 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for March 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Snowmass Village March
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
2
5
+ 150.0%
13
14
+ 7.7%
Sold Listings
3
5
+ 66.7%
3
11
+ 266.7%
Median Sales Price*
$2,375,000
$3,075,000
+ 29.5%
$2,375,000
$3,555,000
+ 49.7%
Average Sales Price*
$3,775,000
$4,469,000
+ 18.4%
$3,775,000
$4,523,182
+ 19.8%
93.8%
95.8%
+ 2.1%
93.8%
95.3%
+ 1.6%
Days on Market Until Sale
211
263
+ 24.6%
211
226
+ 7.1%
Inventory of Homes for Sale
69
20
- 71.0%
--
--
--
Months Supply of Inventory
15.3
3.2
- 79.1%
--
--
--
Percent of List Price Received*
Thru 03-2020
Thru 3-2021
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.
March
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
10
22
+ 120.0%
31
83
+ 167.7%
Sold Listings
11
29
+ 163.6%
41
59
+ 43.9%
Median Sales Price*
$733,000
$960,000
+ 31.0%
$875,000
$860,000
- 1.7%
Average Sales Price*
$710,678
$1,239,983
+ 74.5%
$1,375,109
$1,364,743
- 0.8%
92.8%
96.1%
+ 3.6%
93.8%
96.6%
+ 3.0%
Days on Market Until Sale
332
103
- 69.0%
257
113
- 56.0%
Inventory of Homes for Sale
128
45
- 64.8%
--
--
--
Months Supply of Inventory
10.7
2.5
- 76.6%
--
--
--
Percent of List Price Received*
Thru 03-2020
Thru 3-2021
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
Entire MLS — Snowmass Village —
$4,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Snowmass Village —
$900,000
$800,000 $3,000,000 $700,000 $2,000,000
$600,000
$500,000 $1,000,000 $400,000 $0 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$300,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of April 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for March 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Basalt March
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
3
6
+ 100.0%
11
14
+ 27.3%
Sold Listings
6
6
0.0%
14
21
+ 50.0%
Median Sales Price*
$932,500
$2,110,000
+ 126.3%
$1,063,000
$1,660,000
+ 56.2%
Average Sales Price*
$1,003,333
$3,087,500
+ 207.7%
$1,219,036
$1,934,452
+ 58.7%
97.2%
93.8%
- 3.5%
96.7%
95.4%
- 1.3%
Percent of List Price Received*
Thru 03-2020
Thru 3-2021
Percent Change from Previous Year
Days on Market Until Sale
160
43
- 73.1%
124
150
+ 21.0%
Inventory of Homes for Sale
47
14
- 70.2%
--
--
--
Months Supply of Inventory
9.1
2.0
- 78.0%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date Percent Change from Previous Year
Thru 03-2020
Thru 3-2021
Percent Change from Previous Year
Key Metrics
2020
2021
New Listings
8
5
- 37.5%
28
16
- 42.9%
Sold Listings
2
9
+ 350.0%
11
14
+ 27.3%
Median Sales Price*
$627,500
$615,000
- 2.0%
$575,000
$618,000
+ 7.5%
Average Sales Price*
$627,500
$711,083
+ 13.3%
$718,673
$673,911
- 6.2%
96.5%
98.0%
+ 1.6%
97.1%
97.3%
+ 0.2%
Days on Market Until Sale
60
60
0.0%
132
104
- 21.2%
Inventory of Homes for Sale
42
8
- 81.0%
--
--
--
Months Supply of Inventory
6.5
0.9
- 86.2%
--
--
--
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
Entire MLS — Basalt —
$1,200,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Basalt —
$700,000
$1,000,000
$600,000
$800,000 $500,000 $600,000 $400,000
$400,000
$200,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$300,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of April 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for March 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Missouri Heights March
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
3
4
+ 33.3%
9
10
+ 11.1%
Sold Listings
5
6
+ 20.0%
6
12
+ 100.0%
Median Sales Price*
$897,500
$1,875,000
+ 108.9%
$933,750
$1,575,000
+ 68.7%
Average Sales Price*
$874,500
$1,579,167
+ 80.6%
$1,020,417
$1,739,948
+ 70.5%
93.6%
97.0%
+ 3.6%
94.2%
96.8%
+ 2.8%
Percent of List Price Received*
Thru 03-2020
Thru 3-2021
Percent Change from Previous Year
Days on Market Until Sale
205
52
- 74.6%
202
53
- 73.8%
Inventory of Homes for Sale
30
12
- 60.0%
--
--
--
Months Supply of Inventory
8.0
2.8
- 65.0%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
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*
Thru 03-2020
Thru 3-2021
Percent Change from Previous Year
$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*
* 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
Entire MLS — Missouri Heights —
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
$1,750,000
$700,000
$1,500,000
$600,000
Entire MLS — Missouri Heights —
$500,000
$1,250,000
$400,000 $1,000,000 $300,000 $750,000
$200,000
$500,000
$250,000 1-2016
$100,000
1-2017
1-2018
1-2019
1-2020
1-2021
$0 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of April 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for March 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Carbondale March
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
13
15
+ 15.4%
Sold Listings
Thru 03-2020
Thru 3-2021
Percent Change from Previous Year
41
44
+ 7.3%
15
20
+ 33.3%
28
40
+ 42.9%
Median Sales Price*
$975,000
$1,617,500
+ 65.9%
$1,000,000
$1,500,000
+ 50.0%
Average Sales Price*
$984,833
$1,403,378
+ 42.5%
$1,028,892
$1,505,998
+ 46.4%
94.5%
97.9%
+ 3.6%
95.6%
97.8%
+ 2.3%
177
74
- 58.2%
151
55
- 63.6%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
88
29
- 67.0%
--
--
--
Months Supply of Inventory
6.2
1.6
- 74.2%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
8
6
- 25.0%
Sold Listings
Thru 03-2020
Thru 3-2021
Percent Change from Previous Year
23
13
- 43.5%
6
11
+ 83.3%
18
23
+ 27.8%
Median Sales Price*
$412,500
$598,500
+ 45.1%
$457,750
$630,000
+ 37.6%
Average Sales Price*
$439,333
$639,103
+ 45.5%
$565,377
$666,172
+ 17.8%
97.0%
101.0%
+ 4.1%
98.3%
100.3%
+ 2.0%
157
96
- 38.9%
125
112
- 10.4%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
47
9
- 80.9%
--
--
--
Months Supply of Inventory
6.3
1.2
- 81.0%
--
--
--
* 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
Entire MLS — Carbondale —
$1,200,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Carbondale —
$700,000
$1,000,000
$600,000
$800,000 $500,000 $600,000 $400,000
$400,000
$200,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$300,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of April 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for March 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Redstone March
Single Family
Year to Date Percent Change from Previous Year
Thru 03-2020
Thru 3-2021
Percent Change from Previous Year
Key Metrics
2020
2021
New Listings
0
2
--
3
5
+ 66.7%
Sold Listings
1
4
+ 300.0%
1
7
+ 600.0%
Median Sales Price*
$690,000
$1,187,500
+ 72.1%
$690,000
$900,000
+ 30.4%
Average Sales Price*
$690,000
$1,059,184
+ 53.5%
$690,000
$912,320
+ 32.2%
93.4%
90.2%
- 3.4%
93.4%
90.5%
- 3.1%
Days on Market Until Sale
131
103
- 21.4%
131
67
- 48.9%
Inventory of Homes for Sale
10
3
- 70.0%
--
--
--
Months Supply of Inventory
5.4
1.3
- 75.9%
--
--
--
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.
March
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
0
0
--
0
1
--
Sold Listings
0
0
--
0
1
--
Median Sales Price*
$0
$0
--
$0
$295,000
--
Average Sales Price*
Thru 03-2020
Thru 3-2021
Percent Change from Previous Year
$0
$0
--
$0
$295,000
--
0.0%
0.0%
--
0.0%
101.8%
--
Days on Market Until Sale
0
0
--
0
3
--
Inventory of Homes for Sale
0
0
--
--
--
--
Months Supply of Inventory
0.0
0.0
--
--
--
--
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.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Redstone —
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
$900,000
$700,000
$800,000
$600,000
Entire MLS — Redstone —
$500,000
$700,000
$400,000 $600,000 $300,000 $500,000
$200,000
$400,000
$300,000 1-2016
$100,000
1-2017
1-2018
1-2019
1-2020
1-2021
$0 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of April 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for March 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Marble March
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
2
0
- 100.0%
Thru 03-2020
Thru 3-2021
Percent Change from Previous Year
2
1
- 50.0%
Sold Listings
0
0
--
2
0
- 100.0%
Median Sales Price*
$0
$0
--
$712,500
$0
- 100.0%
Average Sales Price* Percent of List Price Received* Days on Market Until Sale
$0
$0
--
$712,500
$0
- 100.0%
0.0%
0.0%
--
90.4%
0.0%
- 100.0%
0
0
--
411
0
- 100.0%
Inventory of Homes for Sale
6
2
- 66.7%
--
--
--
Months Supply of Inventory
4.8
1.6
- 66.7%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
0
0
--
Thru 03-2020
Thru 3-2021
Percent Change from Previous Year
0
0
--
Sold Listings
0
0
--
0
0
--
Median Sales Price*
$0
$0
--
$0
$0
--
Average Sales Price* Percent of List Price Received* Days on Market Until Sale
$0
$0
--
$0
$0
--
0.0%
0.0%
--
0.0%
0.0%
--
0
0
--
0
0
--
Inventory of Homes for Sale
0
0
--
--
--
--
Months Supply of Inventory
0.0
0.0
--
--
--
--
* 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
Entire MLS — Marble —
$600,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Marble —
$700,000 $600,000
$500,000
$500,000 $400,000
$400,000 $300,000 $200,000
$300,000
$100,000 $200,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$0 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of April 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for March 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Glenwood Springs March
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
22
25
+ 13.6%
Sold Listings
Thru 03-2020
Thru 3-2021
Percent Change from Previous Year
55
65
+ 18.2%
10
14
+ 40.0%
32
39
+ 21.9%
Median Sales Price*
$573,500
$713,500
+ 24.4%
$620,000
$679,000
+ 9.5%
Average Sales Price*
$606,200
$816,024
+ 34.6%
$645,703
$763,263
+ 18.2%
99.0%
95.4%
- 3.6%
97.9%
96.8%
- 1.1%
89
105
+ 18.0%
74
69
- 6.8%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
56
26
- 53.6%
--
--
--
Months Supply of Inventory
4.1
1.3
- 68.3%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
7
6
- 14.3%
Sold Listings
Thru 03-2020
Thru 3-2021
Percent Change from Previous Year
26
15
- 42.3%
5
2
- 60.0%
20
8
- 60.0%
Median Sales Price*
$329,000
$402,500
+ 22.3%
$306,000
$431,000
+ 40.8%
Average Sales Price*
$285,700
$402,500
+ 40.9%
$309,695
$426,250
+ 37.6%
98.7%
98.1%
- 0.6%
98.9%
99.2%
+ 0.3%
62
9
- 85.5%
59
5
- 91.5%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
19
11
- 42.1%
--
--
--
Months Supply of Inventory
2.3
1.9
- 17.4%
--
--
--
* 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
Entire MLS — Glenwood Springs —
$700,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Glenwood Springs —
$700,000
$600,000
$600,000
$500,000 $500,000 $400,000 $400,000 $300,000
$300,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$200,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of April 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
19 Doe Court, New Castle, CO 81647 - $61,000
At the end of the Doe Court 4-lot cul-de-sac lies this flat, 8134 sq foot, easy to build lot that offers panoramic, unobstructed views of the mountain terrain and backs to the golf course greenbelt that surrounds the Lakota Canyon Ranch subdivision. 0295 Badger Rd. Carbondale, CO | Lic# IR 100017154 | www.trudiwj.com | 970-309-6200
Local Market Update for March 2021 A Research Tool Provided by the Colorado Association of REALTORS®
New Castle March
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
15
9
- 40.0%
Sold Listings
Thru 03-2020
Thru 3-2021
Percent Change from Previous Year
23
27
+ 17.4%
11
11
0.0%
19
26
+ 36.8%
Median Sales Price*
$420,000
$485,000
+ 15.5%
$419,000
$485,000
+ 15.8%
Average Sales Price*
$470,000
$500,045
+ 6.4%
$440,632
$529,394
+ 20.1%
98.2%
98.8%
+ 0.6%
98.0%
98.7%
+ 0.7%
81
41
- 49.4%
73
52
- 28.8%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
24
7
- 70.8%
--
--
--
Months Supply of Inventory
2.7
0.8
- 70.4%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
6
5
- 16.7%
Sold Listings
Thru 03-2020
Thru 3-2021
Percent Change from Previous Year
14
12
- 14.3%
3
6
+ 100.0%
8
12
+ 50.0%
Median Sales Price*
$222,500
$359,250
+ 61.5%
$266,250
$306,250
+ 15.0%
Average Sales Price*
$255,833
$344,433
+ 34.6%
$265,750
$322,217
+ 21.2%
99.2%
101.0%
+ 1.8%
99.3%
99.6%
+ 0.3%
49
17
- 65.3%
76
15
- 80.3%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
14
1
- 92.9%
--
--
--
Months Supply of Inventory
2.6
0.2
- 92.3%
--
--
--
* 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
Entire MLS — New Castle —
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
$550,000
$700,000
$500,000
$600,000
$450,000
$500,000
$400,000
$400,000
$350,000
$300,000
$300,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$200,000 1-2016
1-2017
1-2018
1-2019
Entire MLS — New Castle —
1-2020
1-2021
Current as of April 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for March 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Silt March
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
4
8
+ 100.0%
17
23
+ 35.3%
Sold Listings
4
6
+ 50.0%
11
20
+ 81.8%
Median Sales Price*
$458,250
$555,000
+ 21.1%
$440,000
$487,500
+ 10.8%
Average Sales Price*
$479,625
$556,500
+ 16.0%
$448,818
$502,510
+ 12.0%
96.8%
100.2%
+ 3.5%
96.7%
98.9%
+ 2.3%
Days on Market Until Sale
103
13
- 87.4%
64
38
- 40.6%
Inventory of Homes for Sale
16
8
- 50.0%
--
--
--
Months Supply of Inventory
2.4
1.1
- 54.2%
--
--
--
Percent of List Price Received*
Thru 03-2020
Thru 3-2021
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.
March
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
3
0
- 100.0%
6
0
- 100.0%
Sold Listings
0
0
--
0
2
--
Median Sales Price*
$0
$0
--
$0
$288,000
--
Average Sales Price*
$0
$0
--
$0
$288,000
--
0.0%
0.0%
--
0.0%
99.9%
--
Days on Market Until Sale
0
0
--
0
3
--
Inventory of Homes for Sale
8
0
- 100.0%
--
--
--
Months Supply of Inventory
4.6
0.0
- 100.0%
--
--
--
Percent of List Price Received*
Thru 03-2020
Thru 3-2021
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
Entire MLS — Silt —
$600,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Silt —
$700,000
$600,000 $500,000 $500,000 $400,000
$400,000
$300,000 $300,000 $200,000 $200,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$100,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of April 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for March 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Rifle March
Single Family Key Metrics
2020
2021
New Listings
20
21
Sold Listings
12
18
Median Sales Price*
$380,250
$375,000
Average Sales Price*
$408,292
$414,694
97.5%
99.0%
Days on Market Until Sale
82
Inventory of Homes for Sale
36
Months Supply of Inventory
2.3
Percent of List Price Received*
Year to Date Percent Change from Previous Year
Percent Change from Previous Year
Thru 03-2020
Thru 3-2021
+ 5.0%
49
45
- 8.2%
+ 50.0%
35
44
+ 25.7%
- 1.4%
$316,000
$352,000
+ 11.4%
+ 1.6%
$336,937
$384,175
+ 14.0%
+ 1.5%
98.1%
98.9%
+ 0.8%
71
- 13.4%
66
49
- 25.8%
17
- 52.8%
--
--
--
1.0
- 56.5%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date Percent Change from Previous Year
Thru 03-2020
Thru 3-2021
Percent Change from Previous Year
Key Metrics
2020
2021
New Listings
7
7
0.0%
16
20
+ 25.0%
Sold Listings
2
4
+ 100.0%
5
12
+ 140.0%
Median Sales Price*
$192,500
$222,050
+ 15.4%
$210,000
$249,000
+ 18.6%
Average Sales Price*
$192,500
$210,275
+ 9.2%
$214,600
$242,167
+ 12.8%
101.2%
99.6%
- 1.6%
100.0%
99.3%
- 0.7%
Days on Market Until Sale
98
87
- 11.2%
60
111
+ 85.0%
Inventory of Homes for Sale
13
13
0.0%
--
--
--
Months Supply of Inventory
2.5
2.7
+ 8.0%
--
--
--
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.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Rifle —
$600,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Rifle —
$700,000
$600,000 $500,000 $500,000 $400,000
$400,000
$300,000 $300,000 $200,000 $200,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$100,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of April 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
BUY OR BUILD YOUR DREAM HOME IN 2021! There has never been a better time to take advantage of the historically low mortgage interest rates than right now! 0295 Badger Rd. Carbondale, CO | Lic# IR 100017154 | www.trudiwj.com | 970-309-6200