Market Report
Aspen, CO 81611
Single-Family Homes
www.titlecorockies.com
Aspen, CO 81611
Sat Feb 27 2021
This week the median list price for Aspen, CO 81611 is $11,995,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 99.
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
| Median List Price | $11,995,000 | |
| Per Square Foot | $2,338 | |
| Days on Market | 147 | |
| Price Decreased | 12% | |
| Price Increased | 6% | |
| Relisted | 3% | |
| Inventory | 99 | |
| Median Rent | $50,000 | |
| Most Expensive | $49,500,000 | |
| Least Expensive | $895,000 | |
| Market Action | 26 | |
| Slight Buyer's Advantage | ||
While the median price in this zip code hasn’t moved much in the last few weeks, we are relatively close to the market’s high-water mark. 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 |
|---|---|---|---|---|---|---|---|---|
| $26,725,000 | 8,958 | 1 - 2.5 acres | 6 | 8 | 16 | 1 | 2 | 182 |
| $15,900,000 | 5,797 | 0.5 - 1 acre | 5 | 5 | 27 | 2 | 0 | 112 |
| $9,999,999 | 4,621 | 0.25 - 0.5 acre | 4 | 5 | 22 | 1 | 0 | 161 |
| $6,950,000 | 3,902 | 0.5 - 1 acre | 4 | 4 | 29 | 5 | 5 | 112 |