2021 Second Quarter Reports
Greetings! As we approach the dog days of summer, and the best time of the year, the local real estate market has remained strong throughout the area, and active inventory continues to decline. Check out the latest comparable market results and keep informed of what homes in your area are selling for. If you are thinking of buying a home, I will guide you through the process. A buyer’s first step is to start by getting prequalified with one of the local mortgage lenders in the valley and find out how much you are qualified to buy. With listings in short supply, pre-qualified buyers have the best chance of having their offers accepted by a seller. Talk to your preferred banker or call me if you need advice or recommendations on local lenders who know the local housing market and who have helped my clients with their mortgage needs. As a local homeowner, If you own a home that is sitting vacant, and if you are thinking about selling or renting out your property, now is the perfect time to do so, as interest rates remain low and there is much pent up buyer demand for housing throughout the Roaring Fork, Crystal River and Colorado River valleys. I have buyers and tenants searching for affordable housing and the demand far exceeds availability. When priced right, I guarantee I will find the perfect buyer and make the home selling process seamless. Likewise, I can screen and find the perfect tenant for you. And as families prepare to send their students back into the classrooms, it is hard to think that we may be facing another mandatory mask mandate. While I hate wearing masks as much as everyone else, I do know that the Delta Variant poses a much greater risk to our population than Covid -19 did, in that it is much more contagious and harder to recover from. While I have had my vaccine, and I respect the choice of those who have not gotten vaccinated, I will still do the right thing and wear a mask out of respect and for the benefit of all who live and work in the Roaring Fork Valley. For the greater good of the people of Colorado, and our visitors, I hope you too will follow the recommendations and mandates we all may be facing shortly. I hope to talk to you soon, if of no other reason than to just say hello! I hope you enjoy the dog days of summer as much as I do!
Trudi
Local Market Update for June 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Aspen June
Single Family
Year to Date Percent Change from Previous Year
Thru 06-2020
Thru 6-2021
Percent Change from Previous Year
Key Metrics
2020
2021
New Listings
30
25
- 16.7%
67
92
+ 37.3%
Sold Listings
5
18
+ 260.0%
25
67
+ 168.0%
Median Sales Price*
$11,000,000
$11,300,000
+ 2.7%
$6,500,000
$9,700,000
+ 49.2%
Average Sales Price*
$11,090,000
$14,507,611
+ 30.8%
$8,308,859
$12,685,024
+ 52.7%
83.2%
94.2%
+ 13.2%
87.3%
95.2%
+ 9.0%
Days on Market Until Sale
251
133
- 47.0%
199
177
- 11.1%
Inventory of Homes for Sale
152
84
- 44.7%
--
--
--
Months Supply of Inventory
25.0
4.6
- 81.6%
--
--
--
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.
June
Townhouse/Condo
Year to Date Percent Change from Previous Year
Thru 06-2020
Thru 6-2021
Percent Change from Previous Year
Key Metrics
2020
2021
New Listings
20
33
+ 65.0%
75
130
+ 73.3%
Sold Listings
7
16
+ 128.6%
40
107
+ 167.5%
Median Sales Price*
$735,000
$1,462,500
+ 99.0%
$2,162,500
$1,750,000
- 19.1%
Average Sales Price*
$3,794,233
$2,124,509
- 44.0%
$4,403,228
$2,394,045
- 45.6%
91.2%
96.3%
+ 5.6%
92.6%
96.4%
+ 4.1%
Days on Market Until Sale
141
93
- 34.0%
153
108
- 29.4%
Inventory of Homes for Sale
117
69
- 41.0%
--
--
--
Months Supply of Inventory
13.1
3.3
- 74.8%
--
--
--
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 — 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 July 6, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for June 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Woody Creek June
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
2
2
0.0%
4
5
+ 25.0%
Sold Listings
0
2
--
0
3
--
Median Sales Price*
$0
$16,200,000
--
$0
$19,750,000
--
Average Sales Price*
Thru 06-2020
Thru 6-2021
Percent Change from Previous Year
$0
$16,200,000
--
$0
$17,466,667
--
0.0%
98.7%
--
0.0%
92.5%
--
Days on Market Until Sale
0
169
--
0
257
--
Inventory of Homes for Sale
7
5
- 28.6%
--
--
--
Months Supply of Inventory
7.0
3.0
- 57.1%
--
--
--
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.
June
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 06-2020
Thru 6-2021
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 —
$10,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Woody Creek —
$700,000 $600,000
$8,000,000 $500,000 $6,000,000
$400,000 $300,000
$4,000,000
$200,000 $2,000,000 $100,000 $0 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$0 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of July 6, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for June 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Snowmass Village June
Single Family
Thru 06-2020
Percent Change from Previous Year
Key Metrics
2020
New Listings
10
6
- 40.0%
25
34
+ 36.0%
Sold Listings
2
6
+ 200.0%
7
34
+ 385.7%
Median Sales Price*
$2,485,000
$5,900,000
+ 137.4%
$2,375,000
$5,265,000
+ 121.7%
Average Sales Price*
$2,485,000
$6,268,333
+ 152.2%
$3,177,000
$5,463,868
+ 72.0%
85.6%
95.6%
+ 11.7%
92.8%
96.3%
+ 3.8%
Days on Market Until Sale
99
242
+ 144.4%
136
200
+ 47.1%
Inventory of Homes for Sale
53
16
- 69.8%
--
--
--
Months Supply of Inventory
14.7
2.0
- 86.4%
--
--
--
Percent of List Price Received*
2021
Year to Date Percent Change from Previous Year
Thru 6-2021
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
June
Townhouse/Condo
Year to Date Percent Change from Previous Year
Thru 06-2020
Thru 6-2021
Percent Change from Previous Year
Key Metrics
2020
2021
New Listings
42
22
- 47.6%
96
170
+ 77.1%
Sold Listings
6
14
+ 133.3%
51
130
+ 154.9%
Median Sales Price*
$730,000
$595,500
- 18.4%
$834,954
$805,000
- 3.6%
Average Sales Price*
$906,667
$922,357
+ 1.7%
$1,281,607
$1,287,309
+ 0.4%
91.9%
99.1%
+ 7.8%
93.4%
97.3%
+ 4.2%
Days on Market Until Sale
205
90
- 56.1%
249
120
- 51.8%
Inventory of Homes for Sale
149
44
- 70.5%
--
--
--
Months Supply of Inventory
15.7
1.9
- 87.9%
--
--
--
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.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Snowmass Village —
$5,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Snowmass Village —
$900,000
$800,000
$4,000,000
$700,000 $3,000,000 $600,000 $2,000,000 $500,000 $1,000,000
$0 1-2016
$400,000
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 July 6, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for June 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Basalt June
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
12
19
+ 58.3%
43
42
- 2.3%
Sold Listings
7
3
- 57.1%
25
32
+ 28.0%
Median Sales Price*
$700,000
$1,295,000
+ 85.0%
$1,051,000
$1,472,500
+ 40.1%
Average Sales Price*
$1,691,429
$1,740,000
+ 2.9%
$1,413,260
$1,858,047
+ 31.5%
91.2%
92.7%
+ 1.6%
94.5%
95.3%
+ 0.8%
Percent of List Price Received*
Thru 06-2020
Thru 6-2021
Percent Change from Previous Year
Days on Market Until Sale
266
67
- 74.8%
185
142
- 23.2%
Inventory of Homes for Sale
43
24
- 44.2%
--
--
--
Months Supply of Inventory
9.1
3.4
- 62.6%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
June
Townhouse/Condo
Year to Date
2021
Percent Change from Previous Year
Thru 06-2020
Thru 6-2021
Percent Change from Previous Year
Key Metrics
2020
New Listings
14
9
- 35.7%
50
55
+ 10.0%
Sold Listings
11
12
+ 9.1%
30
36
+ 20.0%
Median Sales Price*
$515,000
$620,500
+ 20.5%
$538,250
$620,500
+ 15.3%
Average Sales Price*
$712,009
$744,667
+ 4.6%
$729,906
$696,231
- 4.6%
93.8%
101.5%
+ 8.2%
95.8%
99.2%
+ 3.5%
Percent of List Price Received* Days on Market Until Sale
246
12
- 95.1%
154
61
- 60.4%
Inventory of Homes for Sale
43
14
- 67.4%
--
--
--
Months Supply of Inventory
6.4
1.6
- 75.0%
--
--
--
* 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 — Basalt —
$1,400,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Basalt —
$700,000
$1,200,000 $600,000 $1,000,000
$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 July 6, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for June 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Missouri Heights June
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
8
9
+ 12.5%
23
27
+ 17.4%
Sold Listings
6
3
- 50.0%
15
23
+ 53.3%
Median Sales Price*
$1,351,500
$1,900,000
+ 40.6%
$1,025,000
$1,850,000
+ 80.5%
Average Sales Price*
$1,390,209
$2,396,667
+ 72.4%
$1,304,250
$1,937,364
+ 48.5%
95.5%
94.3%
- 1.3%
94.3%
96.2%
+ 2.0%
Days on Market Until Sale
128
389
+ 203.9%
196
134
- 31.6%
Inventory of Homes for Sale
25
18
- 28.0%
--
--
--
Months Supply of Inventory
6.7
4.0
- 40.3%
--
--
--
Percent of List Price Received*
Thru 06-2020
Thru 6-2021
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.
June
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 06-2020
Thru 6-2021
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 July 6, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for June 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Carbondale June
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
25
23
- 8.0%
Sold Listings
Thru 06-2020
Thru 6-2021
Percent Change from Previous Year
102
107
+ 4.9%
27
11
- 59.3%
75
85
+ 13.3%
Median Sales Price*
$903,000
$1,400,000
+ 55.0%
$975,000
$1,472,500
+ 51.0%
Average Sales Price*
$1,038,695
$1,761,273
+ 69.6%
$1,081,225
$1,551,059
+ 43.5%
96.4%
98.5%
+ 2.2%
95.6%
97.7%
+ 2.2%
124
63
- 49.2%
158
68
- 57.0%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
68
45
- 33.8%
--
--
--
Months Supply of Inventory
4.8
2.5
- 47.9%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
June
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
10
13
+ 30.0%
Sold Listings
Thru 06-2020
Thru 6-2021
Percent Change from Previous Year
52
43
- 17.3%
8
7
- 12.5%
31
46
+ 48.4%
Median Sales Price*
$500,000
$570,000
+ 14.0%
$495,000
$591,750
+ 19.5%
Average Sales Price*
$573,594
$563,285
- 1.8%
$589,791
$625,073
+ 6.0%
95.4%
97.2%
+ 1.9%
98.3%
99.6%
+ 1.3%
65
50
- 23.1%
96
85
- 11.5%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
37
14
- 62.2%
--
--
--
Months Supply of Inventory
5.5
1.6
- 70.9%
--
--
--
* 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 —
$1,400,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Carbondale —
$700,000
$1,200,000 $600,000 $1,000,000
$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 July 6, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for June 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Redstone June
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
1
2
+ 100.0%
8
14
+ 75.0%
Sold Listings
1
2
+ 100.0%
2
11
+ 450.0%
Median Sales Price*
$620,000
$1,497,000
+ 141.5%
$655,000
$900,000
+ 37.4%
Average Sales Price*
$620,000
$1,497,000
+ 141.5%
$655,000
$1,070,931
+ 63.5%
95.5%
91.9%
- 3.8%
94.5%
92.0%
- 2.6%
Percent of List Price Received* Days on Market Until Sale
Thru 06-2020
Thru 6-2021
Percent Change from Previous Year
118
4
- 96.6%
125
43
- 65.6%
Inventory of Homes for Sale
8
5
- 37.5%
--
--
--
Months Supply of Inventory
4.7
2.1
- 55.3%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
June
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
0
0
--
0
1
--
Sold Listings
0
0
--
1
1
0.0%
Median Sales Price*
$0
$0
--
$162,000
$295,000
+ 82.1%
Average Sales Price*
Thru 06-2020
Thru 6-2021
Percent Change from Previous Year
$0
$0
--
$162,000
$295,000
+ 82.1%
0.0%
0.0%
--
87.8%
101.8%
+ 15.9%
Days on Market Until Sale
0
0
--
280
3
- 98.9%
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
$1,000,000
$700,000
$900,000
$600,000
$800,000
$500,000
$700,000
$400,000
$600,000
$300,000
$500,000
$200,000
$400,000
$100,000
$300,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$0 1-2016
1-2017
1-2018
1-2019
Entire MLS — Redstone —
1-2020
1-2021
Current as of July 6, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for June 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Marble June
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
1
0
- 100.0%
Sold Listings
Thru 06-2020
Thru 6-2021
Percent Change from Previous Year
4
5
+ 25.0%
1
1
0.0%
4
3
- 25.0%
Median Sales Price*
$500,000
$865,000
+ 73.0%
$737,500
$651,000
- 11.7%
Average Sales Price*
$500,000
$865,000
+ 73.0%
$831,250
$677,000
- 18.6%
92.4%
98.9%
+ 7.0%
91.7%
98.8%
+ 7.7%
281
165
- 41.3%
357
66
- 81.5%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
5
1
- 80.0%
--
--
--
Months Supply of Inventory
4.3
0.8
- 81.4%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
June
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
0
0
--
Thru 06-2020
Thru 6-2021
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*
$0
$0
--
$0
$0
--
0.0%
0.0%
--
0.0%
0.0%
--
0
0
--
0
0
--
Days on Market Until Sale 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 July 6, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for June 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Glenwood Springs June
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
38
21
- 44.7%
Sold Listings
Thru 06-2020
Thru 6-2021
Percent Change from Previous Year
129
128
- 0.8%
19
21
+ 10.5%
78
104
+ 33.3%
Median Sales Price*
$689,000
$825,500
+ 19.8%
$627,500
$732,750
+ 16.8%
Average Sales Price*
$710,539
$966,916
+ 36.1%
$643,839
$809,991
+ 25.8%
97.0%
99.3%
+ 2.4%
97.7%
98.3%
+ 0.6%
62
66
+ 6.5%
65
48
- 26.2%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
54
18
- 66.7%
--
--
--
Months Supply of Inventory
3.9
0.8
- 79.5%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
June
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
6
5
- 16.7%
Sold Listings
Thru 06-2020
Thru 6-2021
Percent Change from Previous Year
46
41
- 10.9%
4
14
+ 250.0%
30
38
+ 26.7%
Median Sales Price*
$397,750
$422,500
+ 6.2%
$331,000
$382,500
+ 15.6%
Average Sales Price*
$421,625
$375,286
- 11.0%
$329,643
$377,813
+ 14.6%
98.2%
99.6%
+ 1.4%
98.6%
99.9%
+ 1.3%
63
41
- 34.9%
54
31
- 42.6%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
17
8
- 52.9%
--
--
--
Months Supply of Inventory
2.5
1.1
- 56.0%
--
--
--
* 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 — 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 July 6, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for June 2021 A Research Tool Provided by the Colorado Association of REALTORS®
New Castle June
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
18
12
- 33.3%
Sold Listings
Thru 06-2020
Thru 6-2021
Percent Change from Previous Year
58
57
- 1.7%
6
6
0.0%
36
52
+ 44.4%
Median Sales Price*
$386,000
$612,500
+ 58.7%
$409,000
$507,500
+ 24.1%
Average Sales Price*
$380,150
$589,533
+ 55.1%
$416,303
$539,526
+ 29.6%
98.6%
103.0%
+ 4.5%
98.5%
99.5%
+ 1.0%
30
6
- 80.0%
80
37
- 53.8%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
21
12
- 42.9%
--
--
--
Months Supply of Inventory
2.8
1.3
- 53.6%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
June
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
13
10
- 23.1%
Sold Listings
Thru 06-2020
Thru 6-2021
Percent Change from Previous Year
36
35
- 2.8%
5
4
- 20.0%
20
29
+ 45.0%
Median Sales Price*
$315,000
$272,000
- 13.7%
$312,250
$299,000
- 4.2%
Average Sales Price*
$317,400
$287,750
- 9.3%
$296,800
$326,193
+ 9.9%
99.6%
99.2%
- 0.4%
99.2%
100.4%
+ 1.2%
57
5
- 91.2%
73
14
- 80.8%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
16
2
- 87.5%
--
--
--
Months Supply of Inventory
3.3
0.4
- 87.9%
--
--
--
* 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 July 6, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for June 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Silt June
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
14
15
+ 7.1%
45
59
+ 31.1%
Sold Listings
8
4
- 50.0%
31
43
+ 38.7%
Median Sales Price*
$380,000
$422,500
+ 11.2%
$411,000
$476,000
+ 15.8%
Average Sales Price*
$455,488
$418,000
- 8.2%
$434,816
$485,563
+ 11.7%
98.9%
101.6%
+ 2.7%
97.8%
99.7%
+ 1.9%
Days on Market Until Sale
50
70
+ 40.0%
56
40
- 28.6%
Inventory of Homes for Sale
19
21
+ 10.5%
--
--
--
Months Supply of Inventory
3.3
2.7
- 18.2%
--
--
--
Percent of List Price Received*
Thru 06-2020
Thru 6-2021
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.
June
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
0
0
--
11
5
- 54.5%
Sold Listings
4
1
- 75.0%
4
3
- 25.0%
Median Sales Price*
$255,000
$350,000
+ 37.3%
$255,000
$317,000
+ 24.3%
Average Sales Price*
$237,250
$350,000
+ 47.5%
$237,250
$308,667
+ 30.1%
98.5%
104.5%
+ 6.1%
98.5%
101.4%
+ 2.9%
Percent of List Price Received*
Thru 06-2020
Thru 6-2021
Percent Change from Previous Year
Days on Market Until Sale
58
1
- 98.3%
58
2
- 96.6%
Inventory of Homes for Sale
5
1
- 80.0%
--
--
--
Months Supply of Inventory
2.5
0.4
- 84.0%
--
--
--
* 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 — 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 July 6, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for June 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Rifle June
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
22
26
+ 18.2%
104
130
+ 25.0%
Sold Listings
20
18
- 10.0%
81
95
+ 17.3%
Median Sales Price*
$329,250
$393,500
+ 19.5%
$325,000
$375,000
+ 15.4%
Average Sales Price*
$353,745
$435,361
+ 23.1%
$342,020
$401,414
+ 17.4%
99.2%
100.5%
+ 1.3%
98.4%
99.5%
+ 1.1%
Days on Market Until Sale
31
93
+ 200.0%
51
49
- 3.9%
Inventory of Homes for Sale
30
28
- 6.7%
--
--
--
Months Supply of Inventory
2.0
1.7
- 15.0%
--
--
--
Percent of List Price Received*
Thru 06-2020
Thru 6-2021
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.
June
Townhouse/Condo
Year to Date
2021
Percent Change from Previous Year
Thru 06-2020
Thru 6-2021
Percent Change from Previous Year
Key Metrics
2020
New Listings
4
5
+ 25.0%
28
42
+ 50.0%
Sold Listings
6
11
+ 83.3%
20
40
+ 100.0%
Median Sales Price*
$249,250
$260,000
+ 4.3%
$206,500
$250,000
+ 21.1%
Average Sales Price*
$239,167
$261,309
+ 9.3%
$206,300
$249,096
+ 20.7%
99.3%
101.1%
+ 1.8%
97.6%
100.6%
+ 3.1%
Days on Market Until Sale
7
12
+ 71.4%
47
50
+ 6.4%
Inventory of Homes for Sale
10
3
- 70.0%
--
--
--
Months Supply of Inventory
2.0
0.5
- 75.0%
--
--
--
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 July 6, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Monthly Indicators June 2021
Activity Snapshot
Percent changes calculated using year-over-year comparisons.
New Listings were down 12.4 percent for single family homes and 11.0 percent for townhouse-condo properties. Pending Sales decreased 32.9 percent for single family homes but increased 10.7 percent for townhouse-condo properties. The Median Sales Price was up 41.3 percent to $874,000 for single family homes and 8.4 percent to $530,000 for townhouse-condo properties. Days on Market decreased 9.7 percent for single family homes and 59.0 percent for condo properties.
+ 19.5%
- 51.4%
One-Year Change in Sold Listings All Properties
One-Year Change in Median Sales Price All Properties
One-Year Change in Active Listings All Properties
Residential real estate activity in the counties of Delta, Eagle, Garfield, Gunnison, Mesa, Moffat and Pitkin composed of single-family properties, townhomes and condominiums. Percent changes are calculated using rounded figures.
The increase in sales prices comes with a slight decline in existing home sales nationwide, as homebuyers struggle with declining affordability amid a lack of inventory, forcing some buyers to simply wait it out in hopes of more inventory and less competition. Meanwhile, home builders are trying to meet the increased market demand, with housing starts up 3.6% in May from April, according to the Commerce Department. As we ease into new routines and look forward to a post-pandemic future, one thing remains certain: America desperately needs more homes.
Single Family Market Overview
+ 15.4%
Single Family Market Overview Townhouse-Condo Market Overview New Listings Pending Sales Sold Listings Median Sales Price Average Sales Price Percent of List Price Received Days on Market Until Sale Housing Affordability Index Inventory of Active Listings Months Supply of Inventory Total Market Overview Sold Listings and Inventory by Price Range Glossary of Terms
2 3 4 5 6 7 8 9 10 11 12 13 14 15 16
Current as of July 6, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics
Historical Sparkbars
New Listings 7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
Pending Sales Sold Listings Median Sales Price Avg. Sales Price
6-2020
6-2021
Percent Change
YTD 2020
YTD 2021
Percent Change
177
155
- 12.4%
596
687
+ 15.3%
164
110
- 32.9%
499
605
+ 21.2%
98
93
- 5.1%
374
538
+ 43.9%
$618,750
$874,000
+ 41.3%
$607,500
$772,500
+ 27.2%
$1,349,487 $4,243,827 + 214.5% $1,316,159 $2,763,039 + 109.9%
Pct. of List Price Received Days on Market Affordability Index Active Listings Months Supply
95.8%
98.1%
+ 2.4%
96.2%
97.8%
+ 1.7%
103
93
- 9.7%
106
82
- 22.6%
63
44
- 30.2%
64
50
- 21.9%
475
269
- 43.4%
--
--
--
6.5
2.4
- 63.1%
--
--
--
Townhouse-Condo Market Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics
Historical Sparkbars
New Listings 7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
7-2019
11-2019
3-2020
7-2020
11-2020
3-2021
6-2020
6-2021
Percent Change
YTD 2020
YTD 2021
Percent Change
109
97
- 11.0%
398
522
+ 31.2%
75
83
+ 10.7%
256
527
+ 105.9%
51
79
+ 54.9%
227
431
+ 89.9%
$489,000
$530,000
+ 8.4%
$500,000
$640,000
+ 28.0%
$981,921
$878,652
- 10.5%
95.4%
99.2%
+ 4.0%
95.9%
98.2%
+ 2.4%
122
50
- 59.0%
135
86
- 36.3%
89
82
- 7.9%
87
69
- 20.7%
398
155
- 61.1%
--
--
--
8.1
1.9
- 76.5%
--
--
--
Pending Sales Sold Listings Median Sales Price Avg. Sales Price Pct. of List Price Received Days on Market Affordability Index Active Listings Months Supply
$1,333,630 $1,189,645
- 10.8%
New Listings Current as of July 6, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 3
June
Year to Date 763
205
687 177
596
155
522
483 114
109
398
97
Jun-19
Jun-20
Jun-21
Jun-19
Jun-20
Jun-21
Jun-19
Jun-20
Jun-21
Jun-19
Jun-20
Jun-21
- 6.4%
- 13.7%
- 12.4%
0.0%
- 4.4%
- 11.0%
- 5.9%
- 21.9%
+ 15.3%
- 7.5%
- 17.6%
+ 31.2%
Single Family
Townhouse-Condo
Single Family
New Listings
Single Family
Percent Change from Previous Year
TownhouseCondo
Percent Change from Previous Year
+47.7%
Jul-2020
206
+34.6%
127
Aug-2020
190
+45.0%
120
+42.9%
Sep-2020
122
+60.5%
96
+71.4%
Oct-2020
126
+68.0%
83
+80.4%
Nov-2020
93
+40.9%
81
+58.8%
Dec-2020
82
+13.9%
52
-16.1%
Jan-2021
68
-20.9%
69
+15.0% +100.0%
Feb-2021
116
+81.3%
120
Mar-2021
122
+38.6%
86
+45.8%
Apr-2021
104
+70.5%
77
+108.1%
May-2021
122
+1.7%
73
0.0%
Jun-2021
155
-12.4%
97
-11.0%
126
+28.8%
90
+38.1%
12-Month Avg
Townhouse-Condo
Historical New Listings by Month
Single Family
Townhouse-Condo
250
200
150
100
50
0 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of July 6, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 4
Sold Listings Year to Date
June
538 100
98
93
431
428 79
374 316
52
51
227
Sold Listings
Single Family
Percent Change from Previous Year
TownhouseCondo
Percent Change from Previous Year
Jul-2020
138
+76.9%
72
+18.0%
Aug-2020
162
+74.2%
89
+27.1%
Sep-2020
150
+87.5%
123
+80.9%
Oct-2020
144
+46.9%
118
+103.4%
Nov-2020
110
+54.9%
83
+43.1%
Dec-2020
115
+33.7%
71
+47.9%
Jan-2021
68
+44.7%
50
-2.0%
Feb-2021
77
+63.8%
46
+17.9%
Mar-2021
96
+39.1%
88
+131.6%
Apr-2021
108
+66.2%
96
+300.0%
May-2021
96
+100.0%
72
+200.0%
93
-5.1%
79
+54.9%
113
+54.2%
82
+67.3%
Jun-2021 Jun-19
Jun-20
Jun-21
Jun-19
Jun-20
Jun-21
Jun-19
Jun-20
Jun-21
Jun-19
Jun-20
Jun-21
+ 5.3%
- 2.0%
- 5.1%
- 17.5%
- 1.9%
+ 54.9%
- 4.0%
- 12.6%
+ 43.9%
+ 2.6%
- 28.2%
+ 89.9%
Single Family
Townhouse-Condo
Single Family
12-Month Avg
Townhouse-Condo
Historical Sold Listings by Month
Single Family
Townhouse-Condo
175 150 125 100 75 50 25 0 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of July 6, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 6
REAL ESTATE FOR YOU!
There's no place like home ... Your own home in the Roaring Fork Valley! Let me help you find it! Trudi Watkins-Johnson 0295 Badger Rd. Carbondale, CO | 970-309-6200 | www.trudiwj.com