Market Report

Snowmass, CO 81654

Single-Family Homes

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Snowmass, CO 81654

Fri Dec 14 2018
This week the median list price for Snowmass, CO 81654 is $4,000,000 with the market action index hovering around 22. This is less than last month's market action index of 23. Inventory has held steady at or around 29. Click here to stay informed with the Snowmass market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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

Fri Dec 14 2018
This week the median list price for Snowmass, CO 81654 is $4,000,000 with the market action index hovering around 22. This is less than last month's market action index of 23. Inventory has held steady at or around 29. Click here to stay informed with the Snowmass market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

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 $4,000,000
Per Square Foot $848
Days on Market 501
Price Decreased 17%
Price Increased 3%
Relisted 14%
Inventory 29
Median House Rent $16,700
Most Expensive $58,500,000
Least Expensive $895,000
Market Action Index
Slight Buyer's Advantage
22

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.

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
$14,995,000 12,836 N/A 7 8 17 0 0 628
$6,000,000 7,023 N/A 5 6 18 0 0 354
$3,950,000 5,415 10 - 20 acres 4 4 18 0 0 474
$1,347,500 3,344 1 - 2.5 acres 3 3 42 1 2 545