Market Report

Aspen, CO 81611

Single-Family Homes

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Aspen, CO 81611

Mon Jun 24 2024
This week the median list price for Aspen, CO 81611 is $17,625,000 with the market action index hovering around 23. This is less than last month's market action index of 24. Inventory has increased to 89. Click here to stay informed with the Aspen market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Aspen, CO 81611

Mon Jun 24 2024
This week the median list price for Aspen, CO 81611 is $17,625,000 with the market action index hovering around 23. This is less than last month's market action index of 24. Inventory has increased to 89. Click here to stay informed with the Aspen market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Aspen market.
Median List Price $17,625,000
Median Price of New Listings $17,000,000
Per Square Foot $3,450
Average Days on Market 226
Median Days on Market 175
Price Decreased 19%
Price Increased 3%
Relisted 8%
Inventory 89
Median Rent
Market Action 23
Slight Buyer's Advantage

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$37,000,000 8,585 1 - 2.5 acres 5 7 22 1 0 178
$22,950,000 5,006 0.5 - 1 acre 5 6 25 5 0 248
$14,100,000 4,934 0.25 - 0.5 acre 4 4.8 40 2 0 189
$6,950,000 2,958 0.5 - 1 acre 4 3 48 5 0 126