Aspen Single Family Home Values – Weekly Market Update

by | Sep 27, 2017 | New Listings

Aspen, CO 81611

This week the median list price for Aspen, CO 81611 is $7,250,000 with the market action index hovering around 25. This is less than last month’s market action index of 26. Inventory has held steady at or around 197. Click here to stay informed with the Aspen market!

Market Action Index

The Market Action Index answers the question “How’s the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Aspen market.

Median List Price$7,250,000
Per Square Foot$1,505
Days on Market252
Price Decreased22%
Price Increased3%
Relisted5%
Inventory197
Most Expensive$50,000,000
Least Expensive$439,000
Market Action Index
Slight Buyer’s Advantage		25

We continue to see prices in this zip code at a plateau even though prices dipped this week. Look for a persistent change in the Market Action Index (up or down) before we see prices significantly deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median PriceSq. Ft.Lot SizeBedsBathAgeNewAbsorbedDOM
$21,995,0009,0361 – 2.5 acres671200349
$10,250,0006,2850.5 – 1 acre551705256
$5,975,0004,5220.25 – 0.5 acre442304223
$3,166,0002,9800.25 – 0.5 acre434401182