Local Market Updates from Tory Thomas

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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