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Third Quarter 2018 vs 2017

MARKET REPORT

Aspen Snowmass Village Basalt Carbondale Glenwood Springs New Castle

A s p e n Sn ow m a s s SIR .c o m Source : As p e n Board of Real tors M ul t i p l e Li st i ng Service


Third Quarter 2018 vs 2017

ASPEN MARKET Single-Family Homes

16%

1%

23%

1%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE DAYS ON MARKET

% SOLD PRICE TO ORIGINAL LIST PRICE

2017 - $8,016,000 2018 - $6,712,340

2017 - $1,583 2018 - $1,592

2017 - 345 2018 - 265

2017 - 92% 2018 - 93%

49%

28%

29%

41%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

2017 - $1,852,500 2018 - $937,500

2017 - $30,000,000 2018 - $21,500,000

2017 - 78 2018 - 55

2017 - $625,247,971 2018 - $369,178,707


Third Quarter 2018 vs 2017

ASPEN MARKET Condominiums/Townhomes/Duplexes

27%

11%

28%

1%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE DAYS ON MARKET

% SOLD PRICE TO ORIGINAL LIST PRICE

2017 - $2,191,326 2018 - $2,781,472

2017 - $1,377 2018 - $1,526

2017 - 241 2018 - 308

2017 - 95% 2018 - 94%

60%

73%

33%

15%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

2017 - $149,000 2018 - $239,000

2017 - $10,631,000 2018 - $18,344,736

2017 - 142 2018 - 95

2017 - $311,168,358 2018 - $264,239,854


Third Quarter 2018 vs 2017

ASPEN MARKET Fractional

6%

7%

22%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE DAYS ON MARKET

2017 - $349,521 2018 - $369,537

2017 - $171 2018 - $182

2017 - 266 2018 - 207

108%

44%

22%

0%

% SOLD PRICE TO ORIGINAL LIST PRICE 2017 - 90% 2018 - 90%

18%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

2017 - $4,800 2018 - $10,000

2017 - $1,600,000 2018 - $2,300,000

2017 - 76 2018 - 59

2017 - $26,563,586 2018 - $21,802,700


Third Quarter 2018 vs 2017

SNOWMASS VILLAGE MARKET Single-Family Homes

5%

2%

14%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE DAYS ON MARKET

2017 - $3,423,250 2018 - $3,252,932

2017 - $783 2018 - $764

2017 - 347 2018 - 297

12%

5%

31%

0%

% SOLD PRICE TO ORIGINAL LIST PRICE 2017 - 92% 2018 - 92%

24%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

2017 - $1,250,000 2018 - $1,100,000

2017 - $10,100,000 2018 - $9,550,000

2017 - 26 2018 - 34

2017 - $89,004,500 2018 - $110,599,677


Third Quarter 2018 vs 2017

SNOWMASS VILLAGE MARKET Condominiums/Townhomes/Duplexes

25%

3%

42%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE DAYS ON MARKET

2017 - $957,754 2018 - $720,275

2017 - $622 2018 - $640

2017 - 367 2018 - 214

6%

23%

41%

0%

% SOLD PRICE TO ORIGINAL LIST PRICE 2017 - 95% 2018 - 95%

6%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

2017 - $61,114 2018 - $57,500

2017 - $3,590,000 2018 - $4,425,000

2017 - 74 2018 - 104

2017 - $70,873,767 2018 - $74,908,600


Third Quarter 2018 vs 2017

SNOWMASS VILLAGE MARKET Fractional

9%

71%

44%

2%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE DAYS ON MARKET

% SOLD PRICE TO ORIGINAL LIST PRICE

2017 - $187,087 2018 - $203,029

2017 - $91 2018 - $156

2017 - 238 2018 - 133

2017 - 91% 2018 - 93%

14%

7%

26%

20%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

2017 - $61,500 2018 - $70,000

2017 - $280,000 2018 - $300,000

2017 - 23 2018 - 17

2017 - $4,303,000 2018 - $3,451,500


Third Quarter 2018 vs 2017

WOODY CREEK MARKET Single-Family Homes

169%

54%

56%

8%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE DAYS ON MARKET

% SOLD PRICE TO ORIGINAL LIST PRICE

2017 - $2,431,667 2018 - $6,540,833

2017 - $558 2018 - $861

2017 - 503 2018 - 784

2017 - 93% 2018 - 86%

58%

279%

100%

438%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

2017 - $1,295,000 2018 - $545,000

2017 - $3,700,000 2018 - $14,025,000

2017 - 3 2018 - 6

2017 - $7,295,000 2018 - $39,245,000


Third Quarter 2018 vs 2017

OLD SNOWMASS MARKET Single-Family Homes

233%

129%

7%

3%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE DAYS ON MARKET

% SOLD PRICE TO ORIGINAL LIST PRICE

2017 - $1,228,556 2018 - $4,088,250

2017 - $437 2018 - $999

2017 - 430 2018 - 400

2017 - 91% 2018 - 94%

58%

135%

33%

344%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

2017 - $495,000 2018 - $784,000

2017 - $4,900,000 2018 - $11,500,000

2017 - 9 2018 - 12

2017 - $11,057,000 2018 - $49,059,000


Third Quarter 2018 vs 2017

BASALT MARKET Single Family Homes

16%

18%

14%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE DAYS ON MARKET

2017 - $911,384 2018 - $1,053,790

2017 - $346 2018 - $409

2017 - 197 2018 - 224

96%

11%

12%

0%

% SOLD PRICE TO ORIGINAL LIST PRICE 2017 - 95% 2018 - 95%

29%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

2017 - $179,000 2018 - $350,000

2017 - $4,000,000 2018 - $3,575,000

2017 - 51 2018 - 57

2017 - $46,480,600 2018 - $60,066,009


Third Quarter 2018 vs 2017

BASALT MARKET Condominiums/Townhomes/Duplexes

8%

20%

25%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE DAYS ON MARKET

2017 - $547,436 2018 - $592,163

2017 - $373 2018 - $449

2017 - 151 2018 - 189

30%

14%

6%

0%

% SOLD PRICE TO ORIGINAL LIST PRICE 2017 - 98% 2018 - 98%

14%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

2017 - $242,000 2018 - $314,000

2017 - $1,450,000 2018 - $1,245,000

2017 - 53 2018 - 56

2017 - $29,014,128 2018 - $33,161,130


Third Quarter 2018 vs 2017

CARBONDALE MARKET Single Family Homes

5%

14%

16%

1%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE DAYS ON MARKET

% SOLD PRICE TO ORIGINAL LIST PRICE

2017 - $821,778 2018 - $866,617

2017 - $271 2018 - $308

2017 - 174 2018 - 147

2017 - 96% 2018 - 95%

6%

25%

18%

24%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

2017 - $345,000 2018 - $325,000

2017 - $2,000,000 2018 - $2,500,000

2017 - 67 2018 - 79

2017 - $55,059,100 2018 - $68,462,777


Third Quarter 2018 vs 2017

CARBONDALE MARKET Condominiums/Townhomes/Duplexes

13%

12%

26%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE DAYS ON MARKET

2017 - $458,310 2018 - $516,645

2017 - $270 2018 - $302

2017 - 182 2018 - 135

6%

5%

13%

0%

% SOLD PRICE TO ORIGINAL LIST PRICE 2017 - 97% 2018 - 97%

2%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

2017 - $187,000 2018 - $176,000

2017 - $1,070,000 2018 - $1,125,000

2017 - 54 2018 - 47

2017 - $24,748,715 2018 - $24,282,307


Third Quarter 2018 vs 2017

GLENWOOD SPRINGS MARKET Single Family Homes

4%

1%

8%

1%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE DAYS ON MARKET

% SOLD PRICE TO ORIGINAL LIST PRICE

2017 - $558,613 2018 - $582,669

2017 - $240 2018 - $242

2017 - 121 2018 - 111

2017 - 97% 2018 - 98%

71%

9%

9%

14%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

2017 - $140,000 2018 - $239,000

2017 - $1,369,000 2018 - $1,245,000

2017 - 121 2018 - 132

2017 - $67,592,220 2018 - $76,912,371


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Third Quarter 2018 vs 2017

GLENWOOD SPRINGS MARKET Condominiums/Townhomes/Duplexes

1%

3%

14%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE DAYS ON MARKET

2017 - $300,244 2018 - $304,447

2017 - $233 2018 - $226

2017 - 96 2018 - 83

35%

3%

2%

0%

% SOLD PRICE TO ORIGINAL LIST PRICE 2017 - 98% 2018 - 98%

3%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

2017 - $62,000 2018 - $40,000

2017 - $610,000 2018 - $630,000

2017 - 57 2018 - 58

2017 - $17,113,936 2018 - $17,657,900


Third Quarter 2018 vs 2017

NEW CASTLE MARKET Single Family Homes

5%

9%

13%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE DAYS ON MARKET

2017 - $400,746 2018 - $420,565

2017 - $192 2018 - $209

2017 - 119 2018 - 103

86%

46%

5%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

2017 - $110,000 2018 - $205,000

2017 - $1,150,000 2018 - $624,000

2017 - 85 2018 - 81

0%

% SOLD PRICE TO ORIGINAL LIST PRICE 2017 - 98% 2018 - 98%

0%

TOTAL SALES VOLUME 2017 - $34,063,387 2018 - $34,065,772


Third Quarter 2018 vs 2017

NEW CASTLE MARKET Condominiums/Townhomes/Duplexes

1%

3%

2%

AVERAGE SOLD PRICE

AVERAGE SOLD PRICE PER SQUARE FOOT

AVERAGE DAYS ON MARKET

2017 - $264,486 2018 - $262,349

2017 - $188 2018 - $193

2017 - 98 2018 - 100

6%

9%

47%

0%

% SOLD PRICE TO ORIGINAL LIST PRICE 2017 - 99% 2018 - 99%

46%

LOWEST PRICE SOLD

HIGHEST PRICE SOLD

NUMBER OF PROPERTIES SOLD

TOTAL SALES VOLUME

2017 - $159,900 2018 - $169,000

2017 - $405,000 2018 - $368,410

2017 - 32 2018 - 47

2017 - $8,463,550 2018 - $12,330,410

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