Market Report

Snowmass, CO 81654

Single-Family Homes

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Snowmass, CO 81654

Fri Sep 30 2022
This week the median list price for Snowmass, CO 81654 is $5,990,000 with the market action index hovering around 32. This is an increase over last month's market action index of 25. Inventory has decreased to 8. Click here to stay informed with the Snowmass market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Snowmass, CO 81654

Fri Sep 30 2022
This week the median list price for Snowmass, CO 81654 is $5,990,000 with the market action index hovering around 32. This is an increase over last month's market action index of 25. Inventory has decreased to 8. Click here to stay informed with the Snowmass market!

Market Action Index

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

Slight Seller's Advantage

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Snowmass market.
Median List Price $5,990,000
Median Price of New Listings $0
Per Square Foot $1,676
Average Days on Market 68
Median Days on Market 60
Price Decreased 50%
Price Increased 13%
Relisted 0%
Inventory 8
Median Rent
Market Action 32
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$16,997,500 6,082 1 - 2.5 acres 4 6 12 0 1 56
$6,750,000 3,574 5 - 10 acres 4 3.5 34 0 0 80
$4,915,000 4,070 N/A 3 4 13 0 1 105
$2,050,000 2,251 10 - 20 acres 2 2 33 0 0 31