Single-Family Homes
Fri Mar 05 2021
This week the median list price for Aspen, CO is $13,999,000 with the market action index hovering around 27. This is an increase over last month's market action index of 26. Inventory has held steady at or around 93.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.
Median List Price | $13,999,000 | |
Per Square Foot | $2,257 | |
Days on Market | 154 | |
Price Decreased | 12% | |
Price Increased | 6% | |
Relisted | 3% | |
Inventory | 93 | |
Median Rent | $47,500 | |
Most Expensive | $49,500,000 | |
Least Expensive | $895,000 | |
Market Action | 27 | |
Slight Buyer's Advantage |
The market seems to have paused around its high point. Look for a persistent down-shift in the Market Action Index before we see prices deviate from these levels.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$29,995,000 | 9,060 | 1 - 2.5 acres | 6 | 8 | 16 | 2 | 1 | 175 |
$15,999,000 | 6,676 | 0.5 - 1 acre | 5 | 5 | 26 | 0 | 3 | 126 |
$10,228,000 | 4,621 | 0.25 - 0.5 acre | 4 | 5 | 24 | 0 | 3 | 168 |
$6,322,500 | 3,729 | 0.5 - 1 acre | 4 | 4 | 29 | 1 | 2 | 84 |