Aspen Real Estate Market Report August 25 2021
Luxury accommodations at Aspen Ritz Carlton Club in the Winter. Ski-in, Ski-out Aspen HIghlands Ski Area.
This week the median list price for Aspen, CO 81611 is $14,900,000 with the market action index hovering around 28. This is about the same as last month’s market action index of 28. Inventory has decreased to 83.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
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 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
| Median List Price |
|
$14,900,000 |
| Median Price of New Listings |
|
$25,000,000 |
| Per Square Foot |
|
$2,621 |
| Average Days on Market |
|
147 |
| Median Days on Market |
|
105 |
| Price Decreased |
|
12% |
| Price Increased |
|
12% |
| Relisted |
|
5% |
| Inventory |
|
83 |
| Median Rent |
|
$45,000 |
| Market Action |
|
28 |
| Slight Buyer’s Advantage |
Please contact me now for great opportunities in Aspen Real Estate and Snowmass Real Estate. Please also contact me now for more information on rentals in Aspen and Snowmass Village or see my website www.ShowAspen.com .
I CAN HELP YOU BUY, SELL, OR RENT ASPEN SNOWMASS PROPERTIES.
Roget Kuhn Owner/ Broker-Realtor
“An Honest Approach to Real Estate and Rentals”
Aspen Snowmass Real Estate
303 1/2 E. Main St.
Aspen, CO 81611
800-705-0180
