Market Report
Snowmass, CO 81654
Single-Family Homes
www.titlecorockies.com
Snowmass, CO 81654
Fri Oct 30 2020
This week the median list price for Snowmass, CO 81654 is $4,925,000 with the market action index hovering around 31. This is an increase over last month's market action index of 29. Inventory has held steady at or around 12.
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 has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.
Real-Time Market Profile
| Median List Price | $4,925,000 | |
| Per Square Foot | $967 | |
| Days on Market | 438 | |
| Price Decreased | 0% | |
| Price Increased | 8% | |
| Relisted | 0% | |
| Inventory | 12 | |
| Median Rent | ||
| Most Expensive | $45,000,000 | |
| Least Expensive | $1,625,000 | |
| Market Action | 31 | |
| Slight Seller's Advantage | ||
We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.
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 |
|---|---|---|---|---|---|---|---|---|
| $29,500,000 | 12,836 | 0 - 4,500 sqft | 7 | 9 | 19 | 1 | 0 | 1381 |
| $5,750,000 | 5,050 | N/A | 5 | 5 | 12 | 0 | 0 | 252 |
| $4,250,000 | 5,506 | 5 - 10 acres | 5 | 4 | 16 | 1 | 1 | 46 |
| $1,750,000 | 2,974 | 1 - 2.5 acres | 3 | 3 | 26 | 0 | 1 | 72 |