Market Report

Aspen, CO 81611

Single-Family Homes

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Aspen, CO 81611

Thu Sep 21 2023
This week the median list price for Aspen, CO 81611 is $18,500,000 with the market action index hovering around 25. This is an increase over last month's market action index of 23. Inventory has decreased to 81. 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

Home sales have begun exceeding new inventory. While still a Buyer’s market, prices seem to have already started to respond. If the trend continues, expect prices to keep marching upward.

Aspen, CO 81611

Thu Sep 21 2023
This week the median list price for Aspen, CO 81611 is $18,500,000 with the market action index hovering around 25. This is an increase over last month's market action index of 23. Inventory has decreased to 81. 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

Home sales have begun exceeding new inventory. While still a Buyer’s market, prices seem to have already started to respond. If the trend continues, expect prices to keep marching upward.

Real-Time Market Profile

Never miss important changes in the Aspen market.
Median List Price $18,500,000
Median Price of New Listings $11,000,000
Per Square Foot $3,773
Average Days on Market 206
Median Days on Market 98
Price Decreased 33%
Price Increased 2%
Relisted 4%
Inventory 81
Median Rent
Market Action 25
Slight Buyer's Advantage

While this week the median price in this zip code didn't fluctuate much, we continue to sit at all time high prices. Watch for persistent downward shift in the Market Action Index into the Buyer's zone as a leading indicator of the price strength subsiding.

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
$35,000,000 8,105 0.5 - 1 acre 5 7.3 17 0 1 91
$21,950,000 4,842 8,000 - 10,000 sqft 5 6 29 1 1 105
$14,625,000 5,188 0.25 - 0.5 acre 4 5 28 3 2 87
$6,900,000 2,361 0.5 - 1 acre 3 3 44 3 5 112