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.
Strong Seller’s Market
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