Market Report

Aspen, CO 81611

Single-Family Homes

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Aspen, CO 81611

Tue Jul 16 2024
This week the median list price for Aspen, CO 81611 is $16,975,000 with the market action index hovering around 23. This is about the same as last month's market action index of 23. Inventory has increased to 96. 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

Tue Jul 16 2024
This week the median list price for Aspen, CO 81611 is $16,975,000 with the market action index hovering around 23. This is about the same as last month's market action index of 23. Inventory has increased to 96. 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 $16,975,000
Median Price of New Listings $8,950,000
Per Square Foot $3,417
Average Days on Market 226
Median Days on Market 186
Price Decreased 23%
Price Increased 4%
Relisted 6%
Inventory 96
Median Rent
Market Action 23
Slight Buyer's Advantage

We continue to see prices in this zip code settled at a plateau. This week prices bumped down a bit but not significantly enough to change the overall outlook. Look for a persistent change (up or down) in the Market Action Index before we see prices significantly 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
$38,250,000 8,585 1 - 2.5 acres 5 7 22 1 0 178
$22,700,000 5,204 0.5 - 1 acre 5 6 25 1 2 269
$13,500,000 4,761 0.5 - 1 acre 4 4.5 43 1 0 150
$6,225,000 2,825 0.5 - 1 acre 4 3 48 3 1 129