Market Report

Aspen, CO 81611

Single-Family Homes

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Aspen, CO 81611

Thu Feb 06 2025
This week the median list price for Aspen, CO 81611 is $19,900,000 with the market action index hovering around 23. This is less than last month's market action index of 25. Inventory has increased to 97. 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

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Aspen, CO 81611

Thu Feb 06 2025
This week the median list price for Aspen, CO 81611 is $19,900,000 with the market action index hovering around 23. This is less than last month's market action index of 25. Inventory has increased to 97. 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

Market Narrative

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Aspen market.
Median List Price $19,900,000
Median Price of New Listings $6,400,000
Per Square Foot $3,783
Average Days on Market 250
Median Days on Market 189
Price Decreased 14%
Price Increased 3%
Relisted 10%
Inventory 97
Median Rent
Market Action 23
Slight Buyer's Advantage

Price trends in this zip code continued their recent uptrend this week. While still below the market’s high point, we may be seeing the start of a good price stretch here. We’ll look at the Market Action Index later in the report to gauge the leading indicators.

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
$36,247,500 9,018 1 - 2.5 acres 5 7.3 15 0 0 161
$24,200,000 5,368 6,500 - 8,000 sqft 5 6 27 0 1 178
$16,350,000 4,517 0.5 - 1 acre 4 5 29 0 0 175
$8,500,000 3,288 0.5 - 1 acre 4 3.5 48 3 1 203