Aspen Snowmass area real estate has been all over the map so far this year going up and down, but market data shows slow pace upward.
June 2011 showed a five year low in sales for that month of only about $39 million. Whereas, February 2011 showed an improvement in sales for that month over February 2010 of 135.9% with about $139 million.
The last two months have shown some measurable improvement in activity over the same two months last year.
September 2011 is up 32% in sales over September 2010 with about $132 million, and August 2011 is up 21% in sales over August 2010.
So far for the first 9 months of 2011, sales are up 18% from the same period in 2010.
Even with these small modest sales gains, it still is a buyer’s market.
Down valley from Basalt to Glenwood Springs has fared even worse in declines, and is approaching 50% off prices from the highs of 2007 and the beginning of 2008.
Sellers are still having a difficult time comprehending the sharp declines in prices from the highs of 2007 and the beginning of 2008, but if you want to sell, the property has to be priced realistically these days.
Feel free to contact me by email firstname.lastname@example.org or by phone (970) 319-9719.
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.aspen-snowmass-realestate.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