Market Report

Snowmass, CO 81654

Single-Family Homes

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Snowmass, CO 81654

Thu Sep 21 2023
This week the median list price for Snowmass, CO 81654 is $6,500,000 with the market action index hovering around 29. This is less than last month's market action index of 31. Inventory has held steady at or around 13. 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 Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer’s market, this price trend may be a result of improved quality (newer, larger) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Snowmass, CO 81654

Thu Sep 21 2023
This week the median list price for Snowmass, CO 81654 is $6,500,000 with the market action index hovering around 29. This is less than last month's market action index of 31. Inventory has held steady at or around 13. 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 Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyer’s market, this price trend may be a result of improved quality (newer, larger) of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Snowmass market.
Median List Price $6,500,000
Median Price of New Listings $0
Per Square Foot $2,198
Average Days on Market 167
Median Days on Market 91
Price Decreased 23%
Price Increased 8%
Relisted 8%
Inventory 13
Median Rent
Market Action 29
Slight Buyer's Advantage

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$45,000,000 3,444 0 - 4,500 sqft 4 5 48 0 0 231
$8,950,000 2,084 5 - 10 acres 4 3 35 0 1 77
$5,495,000 4,688 5 - 10 acres 4 4 34 0 0 84
$3,697,500 4,029 2.5 - 5 acres 4 4.5 36 0 0 182