Mon Feb 06 2023
This week the median list price for Aspen, CO 81611 is $14,250,000 with the market action index hovering around 24. This is less than last month's market action index of 26. Inventory has held steady at or around 65.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
|Median List Price||$14,250,000|
|Median Price of New Listings||$16,825,000|
|Per Square Foot||$3,188|
|Average Days on Market||218|
|Median Days on Market||203|
|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.
Each segment below represents approximately 25% of the market ordered by price.
|Median Price||Sq. Ft.||Lot Size||Beds||Bath||Age||New||Absorbed||DOM|
|$29,150,000||6,902||0.5 - 1 acre||5||7.5||24||2||0||224|
|$17,225,000||5,088||0.25 - 0.5 acre||4||6||23||1||1||217|
|$12,995,000||4,867||0.5 - 1 acre||4||5||36||2||0||140|
|$7,145,000||3,274||0.5 - 1 acre||4||4||35||1||1||203|