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Market Data

The Statistics for April, 2017

Off-season is in full swing, but, our market shows no sign of slowing down! YTD, our overall market is up well over $140 million in dollars spent. Even more impressive, there are still some 400 properties under contract (see link below), with most closing before what promises to be the start of a busy Summer season!

Aspen – The Aspen single-family home sector has been on fire! It is the sole reason for the huge dollar increase in sales YTD, 2017. The month of April alone had a whopping 9 sales with an average sold price of over $10 million. April was led by the sale of a spectacular Red Mountain home for $30 million!

Snowmass – Snowmass is ever so slightly behind last year’s numbers, but, like Aspen, had a strong April showing with a healthy increase in dollars spent on single-family homes. in fact, dollars spent on single-family homes are up 137% over April, 2016. We’re talking about a sale or two here, but, there are 10 Snowmass single-family under contract and closing in the near future, and those are potential game changer numbers!

Bottom Line:

Single-family home sales in both Aspen and Snowmass are leading the market in 2017. With over a $140 million increase in sales for Aspen single-family homes alone, it’s clear that the big money is back, and the confidence level in our market is high!

The following properties are under contract in the Roaring Fork Valley

Aspen April Market Recap

Single-Family Homes

2016
2017
%Change
YTD
# of Sales
11
24
+118%
Total Volume
$56,688,655
$193,086,000
+241%
Avg. $/Sq Ft.
$1,432
$1,561
+9%
April
# of Sales
2
9
+350%
Total Volume
$6,323,200
$98,650,000
+1,460%
Avg. $/Sq Ft.
$1,376
$1,737
+26%

Condos / Townhomes

2016
2017
%Change
YTD
# of Sales
41
49
+20%
Total Volume
$84,824,652
$94,574,055
+11%
Avg. $/Sq Ft.
$1,288
$1,187
-8%
April
# of Sales
13
18
+38%
Total Volume
$33,980,152
$28,055,105
-17%
Avg. $/Sq Ft.
$1,190
$1,038
-13%
Snowmass Village April Market Recap

Single Family Homes

2016
2017
%Change
YTD
# of Sales
16
15
-6%
Total Volume
$58,408,000
$48,127,500
-18%
Avg. $/Sq Ft.
$889
$713
-20%
April
# of Sales
3
4
+33%
Total Volume
$6,911,000
$16,370,000
+137%
Avg. $/Sq Ft.
$527
$857
+63%

Condos/Townhomes

2016
2017
%Change
YTD
# of Sales
32
35
+9%
Total Volume
$31,173,875
$30,597,392
-2%
Avg. $/Sq Ft.
$648
$588
-9%
April
# of Sales
13
11
-15%
Total Volume
$12,784,000
$7,269,500
-43%
Avg. $/Sq Ft.
$618
$533
-14%

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