Market Report

Aspen, CO

Single-Family Homes

www.titlecorockies.com



Aspen, CO

Tue May 26 2020
This week the median list price for Aspen, CO is $8,900,000 with the market action index hovering around 23. This is about the same as last month's market action index of 23. Inventory has held steady at or around 130. 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

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Aspen, CO

Tue May 26 2020
This week the median list price for Aspen, CO is $8,900,000 with the market action index hovering around 23. This is about the same as last month's market action index of 23. Inventory has held steady at or around 130. 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

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Aspen market.
Median List Price $8,900,000
Per Square Foot $1,570
Days on Market 430
Price Decreased 14%
Price Increased 1%
Relisted 2%
Inventory 130
Median Rent
Most Expensive $34,500,000
Least Expensive $389,000
Market Action 23
Slight Buyer's Advantage

The market is hovering around this plateau. Look for a persistent change 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
$22,872,500 8,437 1 - 2.5 acres 6 7 13 0 0 616
$11,995,000 6,814 1 - 2.5 acres 6 6 19 1 1 422
$6,900,000 5,235 0.5 - 1 acre 5 5 29 1 0 422
$3,300,000 3,047 0.25 - 0.5 acre 4 4 46 1 0 264