Call Us Now: 970.925.6060
Call Us Now: 970.379.3372
Call Us Now: 970.948.0683

Market Data

The Statistics for October, 2017

As has been the case for most of 2017, total dollar volume for October, 2017 continued the trend of outperforming it’s 2016 counterpart. In fact, all real estate categories showed increases in dollar volume over October, 2016. Led this time by a 350% increase in single-family home dollar volume in Snowmass Village, Aspen single-family home dollar volume had to take a back seat to Snowmass because it only increased a measly 149% over October, 2016! We’re talking about a small number of home sales in October, but, in Aspen’s case, we’re still talking about a one month, $46 million increase in single-family home sales over October, 2016!

Aspen – Aspen continued to show strong dollar volume increases in both single-family homes and condos. The combined dollar increase over October, 2016 was $51 million, and, Aspen’s year-to-date (YTD) combined dollar volume is up by over $555 million compared to YTD 2016! Total dollar volume in Aspen alone is over $1.040 billion for 2017, and we still have 60 days to go!

Snowmass – October’s combined dollar volume in Snowmass increased by $28 million over October, 2016. However, year-to-date numbers are just about even with YTD, 2016. YTD dollar volume for 2017 stands at just over $226 million for Snowmass Village.

Bottom Line – The 2017 market is going to obliterate sales volume in 2016! As of October 31st, our market is up some $555 million over YTD 2016, and we still have 60 days left in the year. In addition, there are currently 9 homes under contract north of $10 million that are scheduled to close before year’s end.

The following properties are under contract in the Roaring Fork Valley

Aspen October Market Recap

Single-Family Homes

2016
2017
%Change
YTD
# of Sales
40
87
+118%
Total Volume
$251,211,425,425
$696,458,871
+177%
Avg. $/Sq Ft.
$1,436
$1,588
+11%
October
# of Sales
6
10
+67%
Total Volume
$31,185,000
$77,610,900
+149%
Avg. $/Sq Ft.
$1,524
$1,564
+3%

Condos / Townhomes

2016
2017
%Change
YTD
# of Sales
117
156
+33%
Total Volume
$234,220,402
$344,194,358
+47%
Avg. $/Sq Ft.
$1,261
$1,379
+9%
October
# of Sales
16
14
-13%
Total Volume
$28,487,000
$33,026,000
+16%
Avg. $/Sq Ft.
$1,204
$1,392
+16%
Snowmass Village October Market Recap

Single Family Homes

2016
2017
%Change
YTD
# of Sales
43
45
+5%
Total Volume
$156,815,950
$141,662,500
-10%
Avg. $/Sq Ft.
$994
$712
-28%
October
# of Sales
3
7
+133%
Total Volume
$7,480,000
$33,652,000
+350%
Avg. $/Sq Ft.
$688
$873
+27%

Condos/Townhomes

2016
2017
%Change
YTD
# of Sales
71
90
+27%
Total Volume
$63,405,675
$84,601,417
+33%
Avg. $/Sq Ft.
$644
$633
-2%
October
# of Sales
14
11
-21%
Total Volume
$10,030,200
$12,415,650
+24%
Avg. $/Sq Ft.
$659
$747
+13%

© Copyright 2017 Mark Haldeman . All rights reserved. Real Estate Website Design by Agent Image