The Bineau Team Market Report

Aspen, CO

Single-Family Homes

Coldwell Banker Mason Morse | www.aspengloballuxury.com | thebineauteam@gmail.com



Aspen, CO

Mon Nov 30 2020
This week the median list price for Aspen, CO is $11,947,500 with the market action index hovering around 30. This is less than last month's market action index of 33. Inventory has held steady at or around 104. Click here to stay informed with the Aspen market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Aspen, CO

Mon Nov 30 2020
This week the median list price for Aspen, CO is $11,947,500 with the market action index hovering around 30. This is less than last month's market action index of 33. Inventory has held steady at or around 104. Click here to stay informed with the Aspen market!

Market Action Index

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

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Aspen market.
Median List Price $11,947,500
Per Square Foot $2,238
Days on Market 137
Price Decreased 15%
Price Increased 6%
Relisted 4%
Inventory 104
Median Rent $60,000
Most Expensive $49,500,000
Least Expensive $425,000
Market Action 30
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$23,715,000 9,030 1 - 2.5 acres 6 7 17 0 0 109
$14,745,000 6,251 0.5 - 1 acre 5 5 24 2 2 172
$9,925,000 4,635 0.5 - 1 acre 4 4 21 0 2 131
$5,650,000 3,158 0.25 - 0.5 acre 4 4 37 0 3 135