Single-Family Homes
Fri Apr 19 2024
This week the median list price for Aspen, CO 81611 is $19,500,000 with the market action index hovering around 25. This is about the same as last month's market action index of 25. Inventory has decreased to 73.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Median List Price | $19,500,000 | |
Median Price of New Listings | $0 | |
Per Square Foot | $3,503 | |
Average Days on Market | 247 | |
Median Days on Market | 210 | |
Price Decreased | 23% | |
Price Increased | 3% | |
Relisted | 8% | |
Inventory | 73 | |
Median Rent | ||
Market Action | 25 | |
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.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$37,750,000 | 8,105 | 1 - 2.5 acres | 5 | 7 | 12 | 0 | 0 | 199 |
$22,750,000 | 5,426 | 0.5 - 1 acre | 5 | 6 | 28 | 0 | 0 | 238 |
$16,925,000 | 4,761 | 0.25 - 0.5 acre | 4 | 5.3 | 38 | 0 | 0 | 234 |
$6,950,000 | 2,958 | 0.5 - 1 acre | 4 | 3 | 49 | 0 | 2 | 175 |