Local Market Updates from Tory Thomas
Local Market Update for December 2018 A Research Tool Provided by the Colorado Association of REALTORS®
Aspen December
Single Family
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
14
15
+ 7.1%
Sold Listings
Thru 12-2017
Thru 12-2018
Percent Change from Previous Year
191
177
- 7.3%
5
2
- 60.0%
110
83
- 24.5%
Median Sales Price*
$9,500,000
$3,231,000
- 66.0%
$5,962,500
$4,975,000
- 16.6%
Average Sales Price*
$7,785,000
$3,231,000
- 58.5%
$7,364,476
$6,060,699
- 17.7%
97.6%
95.4%
- 2.3%
92.3%
92.7%
+ 0.4%
Days on Market Until Sale
340
264
- 22.4%
242
200
- 17.4%
Inventory of Homes for Sale
171
150
- 12.3%
--
--
--
Months Supply of Inventory
18.7
21.7
+ 16.0%
--
--
--
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.
December
Townhouse-Condo
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
13
24
+ 84.6%
Sold Listings
Thru 12-2017
Thru 12-2018
Percent Change from Previous Year
214
218
+ 1.9%
8
18
+ 125.0%
175
141
- 19.4%
Median Sales Price*
$1,675,000
$1,897,500
+ 13.3%
$1,550,000
$1,580,000
+ 1.9%
Average Sales Price*
$3,015,000
$2,898,167
- 3.9%
$2,240,346
$2,667,462
+ 19.1%
93.9%
94.3%
+ 0.4%
95.0%
94.1%
- 0.9%
Days on Market Until Sale
166
193
+ 16.3%
166
177
+ 6.6%
Inventory of Homes for Sale
118
115
- 2.5%
--
--
--
Months Supply of Inventory
8.1
9.8
+ 21.0%
--
--
--
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 — Aspen —
$7,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
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 January 4, 2019. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2018 ShowingTime.
Local Market Update for December 2018 A Research Tool Provided by the Colorado Association of REALTORS®
Snowmass Village December
Single Family
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
7
10
+ 42.9%
Sold Listings
5
2
- 60.0%
Median Sales Price*
$2,065,000
$2,063,109
Average Sales Price*
$2,135,500
$2,063,109
90.4% 107
Percent of List Price Received* Days on Market Until Sale
Thru 12-2018
Percent Change from Previous Year
78
88
+ 12.8%
43
43
0.0%
- 0.1%
$2,550,000
$2,640,000
+ 3.5%
- 3.4%
$3,305,442
$3,164,268
- 4.3%
95.9%
+ 6.1%
91.6%
92.7%
+ 1.2%
48
- 55.1%
220
247
+ 12.3%
Thru 12-2017
Inventory of Homes for Sale
75
79
+ 5.3%
--
--
--
Months Supply of Inventory
20.9
22.0
+ 5.3%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
December
Townhouse-Condo
Year to Date Percent Change from Previous Year
Thru 12-2017
Thru 12-2018
Percent Change from Previous Year
+ 39.1%
146
248
+ 69.9%
+ 110.0%
104
155
+ 49.0%
Key Metrics
2017
2018
New Listings
23
32
Sold Listings
10
21
Median Sales Price*
$677,288
$1,425,000
+ 110.4%
$626,500
$602,500
- 3.8%
Average Sales Price*
$804,158
$1,559,595
+ 93.9%
$923,144
$871,654
- 5.6%
94.3%
96.0%
+ 1.8%
94.7%
95.6%
+ 1.0%
175
159
- 9.1%
264
152
- 42.4%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
136
140
+ 2.9%
--
--
--
Months Supply of Inventory
15.7
10.8
- 31.2%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
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 —
$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 January 4, 2019. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2018 ShowingTime.
Local Market Update for December 2018 A Research Tool Provided by the Colorado Association of REALTORS®
Old Snowmass December
Single Family
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
2
2
0.0%
44
30
- 31.8%
Sold Listings
0
1
--
16
22
+ 37.5%
Median Sales Price*
$0
$1,486,800
--
$854,750
$1,918,400
+ 124.4%
Average Sales Price*
$0
$1,486,800
--
$1,179,877
$2,707,127
+ 129.4%
0.0%
100.0%
--
93.1%
94.8%
+ 1.8%
0
92
--
154
222
+ 44.2%
Percent of List Price Received* Days on Market Until Sale
Thru 12-2017
Thru 12-2018
Percent Change from Previous Year
Inventory of Homes for Sale
37
30
- 18.9%
--
--
--
Months Supply of Inventory
23.1
15.0
- 35.1%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
December
Townhouse-Condo
Thru 12-2017
Thru 12-2018
Percent Change from Previous Year
--
9
2
- 77.8%
- 100.0%
8
2
- 75.0%
- 100.0%
$267,500
$337,000
+ 26.0%
- 100.0%
$322,281
$337,000
+ 4.6%
0.0%
- 100.0%
96.4%
97.8%
+ 1.5%
0
- 100.0%
112
43
- 61.6%
Key Metrics
2017
2018
New Listings
0
0
Sold Listings
1
0
Median Sales Price*
$244,250
$0
Average Sales Price*
$244,250
$0
93.9% 40
Percent of List Price Received* Days on Market Until Sale
Year to Date Percent Change from Previous Year
Inventory of Homes for Sale
2
1
- 50.0%
--
--
--
Months Supply of Inventory
2.0
0.5
- 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 — Old Snowmass —
$4,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
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 January 4, 2019. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2018 ShowingTime.
Local Market Update for December 2018 A Research Tool Provided by the Colorado Association of REALTORS®
Basalt December
Single Family
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
2
5
+ 150.0%
85
90
+ 5.9%
Sold Listings
7
4
- 42.9%
50
63
+ 26.0%
Median Sales Price*
$1,050,000
$1,026,750
- 2.2%
$822,500
$910,000
+ 10.6%
Average Sales Price*
$1,525,571
$1,947,020
+ 27.6%
$1,116,510
$1,425,983
+ 27.7%
94.6%
94.1%
- 0.5%
94.6%
94.6%
0.0%
151
292
+ 93.4%
192
155
- 19.3%
Percent of List Price Received* Days on Market Until Sale
Thru 12-2017
Thru 12-2018
Percent Change from Previous Year
Inventory of Homes for Sale
47
40
- 14.9%
--
--
--
Months Supply of Inventory
9.4
7.0
- 25.5%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
December
Townhouse-Condo Key Metrics
Year to Date Percent Change from Previous Year
Thru 12-2017
Thru 12-2018
Percent Change from Previous Year
2017
2018
New Listings
0
3
--
92
111
+ 20.7%
Sold Listings
10
5
- 50.0%
77
70
- 9.1%
Median Sales Price*
$471,000
$495,000
+ 5.1%
$485,000
$509,500
+ 5.1%
Average Sales Price*
$518,885
$673,800
+ 29.9%
$522,343
$570,026
+ 9.1%
98.7%
97.1%
- 1.6%
97.7%
98.1%
+ 0.4%
122
147
+ 20.5%
100
130
+ 30.0%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
28
35
+ 25.0%
--
--
--
Months Supply of Inventory
4.4
6.0
+ 36.4%
--
--
--
* 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 — Basalt —
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
$1,000,000
$600,000
$800,000
$500,000
$600,000
$400,000
$400,000
$300,000
$200,000 1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
$200,000 1-2013
1-2014
1-2015
1-2016
Entire MLS — Basalt —
1-2017
1-2018
Current as of January 4, 2019. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2018 ShowingTime.
Local Market Update for December 2018 A Research Tool Provided by the Colorado Association of REALTORS®
Missouri Heights December
Single Family
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
2
0
- 100.0%
56
62
+ 10.7%
Sold Listings
2
1
- 50.0%
37
34
- 8.1%
Median Sales Price*
$622,500
$675,000
+ 8.4%
$737,000
$787,000
+ 6.8%
Average Sales Price*
$622,500
$675,000
+ 8.4%
$956,675
$867,140
- 9.4%
98.9%
97.1%
- 1.8%
96.0%
95.5%
- 0.5%
38
70
+ 84.2%
156
150
- 3.8%
Percent of List Price Received* Days on Market Until Sale
Thru 12-2017
Thru 12-2018
Percent Change from Previous Year
Inventory of Homes for Sale
32
33
+ 3.1%
--
--
--
Months Supply of Inventory
8.6
10.7
+ 24.4%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
December
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%
--
0
0
--
0
0
--
Percent of List Price Received* Days on Market Until Sale
Thru 12-2017
Thru 12-2018
Percent Change from Previous Year
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 — Missouri Heights —
$1,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
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 January 4, 2019. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2018 ShowingTime.
Local Market Update for December 2018 A Research Tool Provided by the Colorado Association of REALTORS®
Carbondale December
Single Family
Year to Date
2017
2018
Percent Change from Previous Year
New Listings
8
5
- 37.5%
254
237
- 6.7%
Sold Listings
11
5
- 54.5%
166
156
- 6.0%
Key Metrics
Thru 12-2017
Thru 12-2018
Percent Change from Previous Year
Median Sales Price*
$655,000
$985,000
+ 50.4%
$667,500
$779,000
+ 16.7%
Average Sales Price*
$792,727
$1,024,753
+ 29.3%
$802,296
$873,222
+ 8.8%
Percent of List Price Received*
96.3%
94.0%
- 2.4%
95.9%
96.4%
+ 0.5%
Days on Market Until Sale
97
105
+ 8.2%
119
122
+ 2.5%
Inventory of Homes for Sale
109
98
- 10.1%
--
--
--
Months Supply of Inventory
7.9
7.5
- 5.1%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
December
Townhouse-Condo Key Metrics
2017
2018
New Listings
4
1
Sold Listings
6
7
Median Sales Price*
$657,100
$425,000
Average Sales Price*
$600,783
$486,786
99.7% 91
Percent of List Price Received* Days on Market Until Sale
Year to Date Percent Change from Previous Year
Percent Change from Previous Year
Thru 12-2017
Thru 12-2018
- 75.0%
83
80
- 3.6%
+ 16.7%
81
66
- 18.5%
- 35.3%
$425,000
$475,000
+ 11.8%
- 19.0%
$490,229
$526,096
+ 7.3%
94.6%
- 5.1%
97.6%
97.0%
- 0.6%
163
+ 79.1%
143
113
- 21.0%
Inventory of Homes for Sale
33
18
- 45.5%
--
--
--
Months Supply of Inventory
4.9
3.3
- 32.7%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Carbondale —
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
$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
Entire MLS — Carbondale —
1-2017
1-2018
Current as of January 4, 2019. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2018 ShowingTime.
Local Market Update for December 2018 A Research Tool Provided by the Colorado Association of REALTORS®
Glenwood Springs December
Single Family
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
12
4
- 66.7%
Sold Listings
Thru 12-2017
Thru 12-2018
Percent Change from Previous Year
232
231
- 0.4%
16
11
- 31.3%
163
179
+ 9.8%
Median Sales Price*
$527,500
$487,500
- 7.6%
$507,000
$537,000
+ 5.9%
Average Sales Price*
$544,250
$524,182
- 3.7%
$554,328
$575,450
+ 3.8%
98.6%
96.1%
- 2.5%
97.5%
97.3%
- 0.2%
Days on Market Until Sale
107
106
- 0.9%
82
69
- 15.9%
Inventory of Homes for Sale
53
50
- 5.7%
--
--
--
Months Supply of Inventory
3.9
3.4
- 12.8%
--
--
--
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.
December
Townhouse-Condo
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
3
8
Sold Listings
4
6
Median Sales Price*
$350,000
Average Sales Price*
$323,375 98.7% 60
Percent of List Price Received* Days on Market Until Sale
Thru 12-2017
Thru 12-2018
Percent Change from Previous Year
+ 166.7%
90
107
+ 18.9%
+ 50.0%
75
77
+ 2.7%
$275,750
- 21.2%
$299,000
$298,000
- 0.3%
$291,417
- 9.9%
$299,279
$305,321
+ 2.0%
99.3%
+ 0.6%
97.8%
98.1%
+ 0.3%
52
- 13.3%
49
55
+ 12.2%
Inventory of Homes for Sale
15
22
+ 46.7%
--
--
--
Months Supply of Inventory
2.4
3.4
+ 41.7%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Glenwood Springs —
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
$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
Entire MLS — Glenwood Springs —
1-2017
1-2018
Current as of January 4, 2019. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2018 ShowingTime.
Local Market Update for December 2018 A Research Tool Provided by the Colorado Association of REALTORS®
New Castle December
Single Family
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
1
7
+ 600.0%
Sold Listings
Thru 12-2017
Thru 12-2018
Percent Change from Previous Year
128
136
+ 6.3%
5
7
+ 40.0%
102
104
+ 2.0%
Median Sales Price*
$359,000
$355,000
- 1.1%
$379,500
$399,500
+ 5.3%
Average Sales Price*
$342,000
$370,929
+ 8.5%
$398,209
$416,426
+ 4.6%
98.0%
98.3%
+ 0.3%
98.2%
98.5%
+ 0.3%
95
58
- 38.9%
70
59
- 15.7%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
34
23
- 32.4%
--
--
--
Months Supply of Inventory
4.0
2.7
- 32.5%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
December
Townhouse-Condo
Year to Date
Key Metrics
2017
2018
Percent Change from Previous Year
New Listings
4
2
- 50.0%
Sold Listings
Thru 12-2017
Thru 12-2018
Percent Change from Previous Year
62
73
+ 17.7%
8
4
- 50.0%
49
64
+ 30.6%
Median Sales Price*
$277,500
$251,050
- 9.5%
$271,500
$280,000
+ 3.1%
Average Sales Price*
$293,563
$250,525
- 14.7%
$269,052
$266,399
- 1.0%
99.9%
99.3%
- 0.6%
99.1%
99.3%
+ 0.2%
Days on Market Until Sale
60
21
- 65.0%
63
57
- 9.5%
Inventory of Homes for Sale
10
5
- 50.0%
--
--
--
Months Supply of Inventory
2.2
0.9
- 59.1%
--
--
--
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.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — New Castle —
$500,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
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 January 4, 2019. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2018 ShowingTime.
ToryThomas.net ©2019
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