Market Report

Aspen, CO

Single-Family Homes

www.titlecorockies.com



Aspen, CO

Fri Aug 14 2020
This week the median list price for Aspen, CO is $9,995,000 with the market action index hovering around 28. This is an increase over last month's market action index of 24. Inventory has held steady at or around 147. 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 been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Aspen, CO

Fri Aug 14 2020
This week the median list price for Aspen, CO is $9,995,000 with the market action index hovering around 28. This is an increase over last month's market action index of 24. Inventory has held steady at or around 147. 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 been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Aspen market.
Median List Price $9,995,000
Per Square Foot $1,981
Days on Market 296
Price Decreased 11%
Price Increased 7%
Relisted 2%
Inventory 147
Median Rent
Most Expensive $54,500,000
Least Expensive $398,000
Market Action 28
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
$25,925,000 8,106 1 - 2.5 acres 6 7 11 5 4 382
$13,900,000 6,899 1 - 2.5 acres 5 6 22 3 1 316
$8,275,000 4,125 0.25 - 0.5 acre 5 5 23 5 2 247
$4,900,000 3,781 0.5 - 1 acre 4 4 35 7 7 241