Real Estate Activity in Aspen & Snowmass
Year End 2015 vs 2016
- Aspen single family home sold volume is down 56% to $311,411,425 and average sold price is down 6% to $6,639,825. Putting that in perspective, we're actually up 21% from just 3 years ago when the average price was $5,230,415.
- Snowmass single family home sold volume increased 15% to $144,445,500 while average sold price remained unchanged at $4,012,375.
- Condo sold volume in Aspen was down 35% to $139,219,402 and average sold price was down 7% to $1,406,257. While Snowmass showed a 2% increase in average sold price to $698,690 and a volume decrease of 9% to $44,716,175.
- One sector of the market that experienced an increase in both sold volume and average sold price was the Aspen townhome market with sold volume up 5% and sold price up 10% to $3,375,095. I attribute this increase due to buyers wanting size but not the maintenance a single family home requires.
