The original Iron Bridge by Iron Bridge river lot for sale
Basalt Real Estate Market Report July 12, 2021
HOUSES: Basalt, CO 81621
Mon Jul 12 2021
This week the median list price for Basalt, CO 81621 is $2,499,500 with the market action index hovering around 33. This is less than last month’s market action index of 34. Inventory has increased to 22.
Slight Seller’s Advantage
Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.
Real-Time Market Profile
| Median List Price |
|
$2,499,500 |
| Median Price of New Listings |
|
$1,995,000 |
| Per Square Foot |
|
$663 |
| Average Days on Market |
|
140 |
| Median Days on Market |
|
28 |
| Price Decreased |
|
18% |
| Price Increased |
|
18% |
| Relisted |
|
5% |
| Inventory |
|
22 |
| Median Rent |
|
$25,000 |
| Market Action |
|
33 |
| Slight Seller’s Advantage |
CONDOS: Basalt, CO 81621
Mon Jul 12 2021
This week the median list price for Basalt, CO 81621 is $1,012,000 with the market action index hovering around 56. This is an increase over last month’s market action index of 48. Inventory has increased to 16.
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Real-Time Market Profile
| Median List Price |
|
$1,012,000 |
| Median Price of New Listings |
|
$1,436,500 |
| Per Square Foot |
|
$823 |
| Average Days on Market |
|
41 |
| Median Days on Market |
|
25 |
| Price Decreased |
|
13% |
| Price Increased |
|
6% |
| Relisted |
|
0% |
| Inventory |
|
16 |
| Median Rent |
|
$6,000 |
| Market Action |
|
56 |
| Strong Seller’s Market |
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
