Roaring Fork Sotheby's International Realty Market Report 2021 Q3

Market Report 2021 vs. 2020 Third Quarter Glenwood Springs Carbondale New Castle Silt Rifle Basalt Old Snowmass Snowmass Village Aspen

Glenwood Springs Market 2021 vs. 2020 Third Quarter

Single–Family Homes Advantage Seller

Advantage Buyer

Average Sold Price

27%

Average Sold Price per Square Foot 2020 – $654,086 2021 – $831,679

29%

2020 – $260 2021 – $335

Average Days on Market

% Sold Price to Original List Price

-16%

1%

2020 – 103 2021 – 87

Lowest Price Sold

88%

2020 – 98% 2021 – 99%

Highest Price Sold 2020 – $175,000 2021 – $329,000

52%

Number of Properties Sold

Total Sales Volume

6%

35%

2020 – 159 2021 – 169

2020 – $2,210,000 2021 – $3,350,000

2020 – $103,999,746 2021 – $140,553,739

Advantage: Seller

Condominiums, Townhomes & Duplexes Advantage Seller

Advantage Buyer

Average Sold Price

16%

Average Sold Price per Square Foot 2020 – $342,372 2021 – $396,892

15%

2020 – $266 2021 – $306

Average Days on Market

% Sold Price to Original List Price

-35%

2%

2020 – 80 2021 – 52

Lowest Price Sold

2%

Highest Price Sold 2020 – $83,500 2021 – $85,000

77%

Number of Properties Sold

Total Sales Volume

6%

23%

Advantage: Seller

2020 – 98% 2021 – 100%

2020 – 63 2021 – 67

2020 – $550,000 2021 – $975,000

2020 – $21,569,445 2021 – $26,591,750

Carbondale Market 2021 vs. 2020 Third Quarter

Single–Family Homes Advantage Seller

Advantage Buyer

Average Sold Price

20%

Average Sold Price per Square Foot 2020 – $1,293,977 2021 – $1,554,416

30%

2020 – $363 2021 – $471

Average Days on Market

% Sold Price to Original List Price

-47%

3%

2020 – 174 2021 – 92

Lowest Price Sold

37%

2020 – 96% 2021 – 99%

Highest Price Sold 2020 – $390,000 2021 – $535,000

6%

Number of Properties Sold

Total Sales Volume

-11%

7%

2020 – 98 2021 – 87

2020 – $5,000,000 2021 – $5,300,000

2020 – $126,809,715 2021 – $135,234,175

Advantage: Seller

Condominiums, Townhomes & Duplexes Advantage Seller

Advantage Buyer

Average Sold Price

9%

Average Sold Price per Square Foot 2020 – $614,516 2021 – $667,281

25%

2020 – $338 2021 – $424

Average Days on Market

% Sold Price to Original List Price

-11%

1%

2020 – 161 2021 – 143

Lowest Price Sold

866%

Highest Price Sold 2020 – $31,750 2021 – $306,818

39%

Number of Properties Sold

Total Sales Volume

32%

43%

Advantage: Seller

2020 – 99% 2021 – 100%

2020 – 56 2021 – 74

2020 – $1,187,500 2021 – $1,650,000

2020 – $34,412,869 2021 – $49,378,766

New Castle Market 2021 vs. 2020 Third Quarter

Single–Family Homes Advantage Seller

Advantage Buyer

Average Sold Price

22%

Average Sold Price per Square Foot 2020 – $471,992 2021 – $577,910

9%

2020 – $237 2021 – $258

Average Days on Market

% Sold Price to Original List Price

-27%

1%

2020 – 109 2021 – 80

Lowest Price Sold

-26%

2020 – 98% 2021 – 99%

Highest Price Sold 2020 – $189,000 2021 – $140,000

-14%

Number of Properties Sold

Total Sales Volume

-6%

15%

2020 – 79 2021 – 74

2020 – $1,565,000 2021 – $1,350,000

2020 – $37,287,400 2021 – $42,765,336

Advantage: Seller

Condominiums, Townhomes & Duplexes Advantage Seller

Advantage Buyer

Average Sold Price

15%

Average Sold Price per Square Foot 2020 – $298,257 2021 – $343,890

15%

2020 – $220 2021 – $252

Average Days on Market

% Sold Price to Original List Price

-35%

0%

2020 – 83 2021 – 54

Lowest Price Sold

25%

Highest Price Sold 2020 – $173,000 2021 – $217,000

21%

Number of Properties Sold

Total Sales Volume

17%

35%

Advantage: Seller

2020 – 100% 2021 – 100%

2020 – 42 2021 – 49

2020 – $475,000 2021 – $575,000

2020 – $12,526,800 2021 – $16,850,600

Silt Market 2021 vs. 2020 Third Quarter

Single–Family Homes Advantage Seller

Advantage Buyer

Average Sold Price

13%

Average Sold Price per Square Foot 2020 – $451,789 2021 – $511,613

3015%

2020 – $215 2021 – $6,697

Average Days on Market

% Sold Price to Original List Price

-19%

0%

2020 – 94 2021 – 76

Lowest Price Sold

0%

2020 – 99% 2021 – 99%

Highest Price Sold 2020 – $250,000 2021 – $250,000

14%

Number of Properties Sold

Total Sales Volume

27%

44%

2020 – 56 2021 – 71

2020 – $925,000 2021 – $1,050,000

2020 – $25,300,186 2021 – $36,324,544

Advantage: Seller

Condominiums, Townhomes & Duplexes Advantage Seller

Advantage Buyer

Average Sold Price

45%

Average Sold Price per Square Foot 2020 – $248,314 2021 – $359,250

2%

2020 – $180 2021 – $184

Average Days on Market

% Sold Price to Original List Price

-58%

1%

2020 – 113 2021 – 47

Lowest Price Sold

86%

Highest Price Sold 2020 – $139,000 2021 – $259,000

29%

Number of Properties Sold

Total Sales Volume

-43%

-17%

Advantage: Seller

2020 – 99% 2021 – 100%

2020 – 14 2021 – 8

2020 – $339,900 2021 – $440,000

2020 – $3,476,400 2021 – $2,874,900

Rifle Market 2021 vs. 2020 Third Quarter

Single–Family Homes Advantage Seller

Advantage Buyer

Average Sold Price

17%

Average Sold Price per Square Foot 2020 – $355,657 2021 – $415,500

20%

2020 – $193 2021 – $232

Average Days on Market

% Sold Price to Original List Price

-5%

0%

2020 – 81 2021 – 77

Lowest Price Sold

3%

2020 – 99% 2021 – 99%

Highest Price Sold 2020 – $185,000 2021 – $190,000

20%

Number of Properties Sold

Total Sales Volume

12%

30%

2020 – 138 2021 – 154

2020 – $757,500 2021 – $912,500

2020 – $49,080,675 2021 – $63,987,041

Advantage: Seller

Condominiums, Townhomes & Duplexes Advantage Seller

Advantage Buyer

Average Sold Price

20%

Average Sold Price per Square Foot 2020 – $209,750 2021 – $250,887

21%

2020 – $152 2021 – $183

Average Days on Market

% Sold Price to Original List Price

21%

3%

2020 – 85 2021 – 103

Lowest Price Sold

63%

Highest Price Sold 2020 – $90,000 2021 – $147,000

29%

Number of Properties Sold

Total Sales Volume

94%

132%

Advantage: Seller

2020 – 98% 2021 – 101%

2020 – 32 2021 – 62

2020 – $338,500 2021 – $435,000

2020 – $6,712,000 2021 – $15,555,000

Basalt Market 2021 vs. 2020 Third Quarter

Single–Family Homes Advantage Seller

Advantage Buyer

Average Sold Price

Average Sold Price per Square Foot

24%

2020 – $1,339,336 2021 – $1,661,374

19%

2020 – $467 2021 – $557

Average Days on Market

% Sold Price to Original List Price

-15%

1%

2020 – 183 2021 – 155

Lowest Price Sold

2020 – 96% 2021 – 97%

Highest Price Sold

19%

2020 – $285,000 2021 – $340,000

-1%

Number of Properties Sold

Total Sales Volume

-8%

14%

2020 – 72 2021 – 66

2020 – $9,300,000 2021 – $9,200,000

2020 – $96,432,225 2021 – $109,650,665

Advantage: Seller

Condominiums, Townhomes & Duplexes Advantage Seller

Advantage Buyer

Average Sold Price

11%

Average Sold Price per Square Foot 2020 – $753,794 2021 – $836,072

13%

2020 – $475 2021 – $537

Average Days on Market

% Sold Price to Original List Price

-44%

3%

2020 – 156 2021 – 87

Lowest Price Sold

7%

Highest Price Sold 2020 – $300,000 2021 – $320,000

49%

Number of Properties Sold

Total Sales Volume

7%

19%

Advantage: Seller

2020 – 97% 2021 – 100%

2020 – 67 2021 – 72

2020 – $1,940,000 2021 – $2,900,000

2020 – $50,504,175 2021 – $60,197,200

Old Snowmass Market 2021 vs. 2020 Third Quarter

Single–Family Homes Advantage Seller

Advantage Buyer

Average Sold Price

-3%

Average Sold Price per Square Foot 2020 – $2,850,043 2021 – $2,756,382

12%

2020 – $639 2021 – $714

Average Days on Market

% Sold Price to Original List Price

-68%

4%

2020 – 421 2021 – 134

Lowest Price Sold

88%

Highest Price Sold 2020 – $370,000 2021 – $695,000

-43%

Number of Properties Sold

Total Sales Volume

-26%

-29%

Advantage: Seller

2020 – 93% 2021 – 97%

2020 – 23 2021 – 17

2020 – $12,250,000 2021 – $7,000,000

2020 – $65,550,999 2021 – $46,858,500

Snowmass Village Market 2021 vs. 2020 Third Quarter

Single–Family Homes Advantage Seller

Advantage Buyer

Average Sold Price

37%

Average Sold Price per Square Foot 2020 – $3,882,892 2021 – $5,331,991

34%

2020 – $923 2021 – $1,239

Average Days on Market

% Sold Price to Original List Price

-19%

4%

2020 – 239 2021 – 193

Lowest Price Sold

4%

2020 – 93% 2021 – 97 %

Highest Price Sold 2020 – $1,595,000 2021 – $1,660,000

55%

Number of Properties Sold

Total Sales Volume

60%

119%

2020 – 35 2021 – 56

2020 – $8,050,000 2021 – $12,500,000

2020 – $136,251,225 2021 – $298,591,500

Advantage: Seller

Condominiums, Townhomes & Duplexes Advantage Seller

Advantage Buyer

Average Sold Price

-3%

Average Sold Price per Square Foot 2020 – $1,308,805 2021 – $1,304,818

16%

2020 – $805 2021 – $931

Average Days on Market

% Sold Price to Original List Price

-42%

4%

2020 – 262 2021 – 151

Lowest Price Sold

58%

Highest Price Sold 2020 – $69,500 2021 – $109,500

71%

Number of Properties Sold

Total Sales Volume

66%

66%

Advantage: Seller

2020 – 94% 2021 – 98%

2020 – 113 2021 – 188

2020 – $5,250,000 2021 – $9,000,000

2020 – $147,894,954 2021 – $245,305,812

Aspen Market 2021 vs. 2020 Third Quarter

Single–Family Homes Advantage Seller

Advantage Buyer

Average Sold Price

Average Sold Price per Square Foot

17%

2020 – $11,264,520 2021 – $13,162,814

19%

2020 – $1,839 2021 – $2,182

Average Days on Market

% Sold Price to Original List Price

-10%

4%

2020 – 310 2021 – 279

Lowest Price Sold

2020 – 91% 2021 – 95%

Highest Price Sold

258%

2020 – $865,000 2021 – $3,100,000

127%

Number of Properties Sold

Total Sales Volume

-4%

12%

2020 – 96 2021 – 92

2020 – $32,000,000 2021 – $72,500,000

2020 – $1,081,393,968 2021 – $1,210,978,921

Advantage: Seller

Condominiums, Townhomes & Duplexes Advantage Seller

Advantage Buyer

Average Sold Price

-25%

Average Sold Price per Square Foot 2020 – $3,764,978 2021 – $2,828,767

6%

2020 – $1,850 2021 – $1,954

Average Days on Market

% Sold Price to Original List Price

-45%

2%

2020 – 269 2021 – 148

Lowest Price Sold

-9%

Highest Price Sold 2020 – $250,000 2021 – $227,500

99%

Number of Properties Sold

Total Sales Volume

48%

11%

Advantage: Seller

2020 – 95% 2021 – 97%

2020 – 120 2021 – 178

2020 – $18,300,000 2021 – $36,500,000

2020 – $451,797,332 2021 – $503,520,566