Market Report

Snowmass Village, CO 81615

Single-Family Homes

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Snowmass Village, CO 81615

Tue Oct 15 2024
This week the median list price for Snowmass Village, CO 81615 is $8,400,000 with the market action index hovering around 27. This is an increase over last month's market action index of 26. Inventory has decreased to 18. Click here to stay informed with the Snowmass Village market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

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.

Snowmass Village, CO 81615

Tue Oct 15 2024
This week the median list price for Snowmass Village, CO 81615 is $8,400,000 with the market action index hovering around 27. This is an increase over last month's market action index of 26. Inventory has decreased to 18. Click here to stay informed with the Snowmass Village market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Buyer's Advantage

Market Narrative

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 Snowmass Village market.
Median List Price $8,400,000
Median Price of New Listings $0
Per Square Foot $2,018
Average Days on Market 209
Median Days on Market 147
Price Decreased 39%
Price Increased 0%
Relisted 0%
Inventory 18
Median Rent
Market Action 27
Slight Buyer's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move 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
$17,400,000 5,299 1 - 2.5 acres 5 5.8 12 0 0 360
$9,697,500 4,773 0.5 - 1 acre 5 5.5 38 0 0 126
$7,700,000 4,217 0.5 - 1 acre 5 4.5 28 0 1 175
$4,400,000 1,600 0.5 - 1 acre 4 2 43 0 0 140