The Bineau Team Market Report
Aspen, CO
Single-Family Homes
Coldwell Banker Mason Morse | www.aspengloballuxury.com | thebineauteam@gmail.com
Aspen, CO
Sat Oct 16 2021
This week the median list price for Aspen, CO is $13,825,000 with the market action index hovering around 31. This is an increase over last month's market action index of 28. Inventory has decreased to 64.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Real-Time Market Profile
| Median List Price | $13,825,000 | |
| Median Price of New Listings | $17,485,000 | |
| Per Square Foot | $2,713 | |
| Average Days on Market | 156 | |
| Median Days on Market | 112 | |
| Price Decreased | 14% | |
| Price Increased | 5% | |
| Relisted | 5% | |
| Inventory | 64 | |
| Median Rent | $45,000 | |
| Market Action | 31 | |
| Slight Seller's Advantage | ||
While this week the median didn’t fluctuate much, we are relatively close to the market’s price high-point. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.
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 |
|---|---|---|---|---|---|---|---|---|
| $38,000,000 | 9,529 | 1 - 2.5 acres | 7 | 9 | 15 | 1 | 1 | 105 |
| $16,124,500 | 4,993 | 0.5 - 1 acre | 5 | 6 | 33 | 0 | 1 | 91 |
| $9,575,000 | 4,449 | 0.5 - 1 acre | 4 | 5 | 29 | 0 | 1 | 154 |
| $5,372,500 | 2,396 | 1 - 2.5 acres | 3 | 4 | 42 | 1 | 2 | 129 |