Real Estate in the News Includes 2022 First Quarter Reports
HAPPY SPRING! GREETINGS FROM TRUDI ... On my daily to do list, I always check out the most recent real estate market activity, continually looking for any new listings that may meet my current buyers needs. While limited inventory and high buyer demand continues to prevail in the Roaring Fork and Colorado River Valleys, you will notice that the March 2022 market data shows a lower average sold price in some of the market reports. On a cautionary note, this does not mean that home prices are starting to fall off of record highs. It is truly an indication that more price conscious buyers are starting to fall out of the current market, and wait to see if lower prices surface in the future. Two things are for certain: Keeping current matters! Become aware of local housing conditions. Review the local market comps in this newsletter, prepared by the Aspen/ Glenwood Board of Realtors, and gain an understanding how your home’s value compares to the current market listings and sales. Call me if you would like a complimentary market valuation for your home or rental investments. 970-309-6200
1. As a potential Seller, you will need to make sure your home pricing is in line with the quality and condition of your home. Pricing is everything, and if your home isn’t priced right, buyers will not make a move. Today’s Buyers want and expect “move-in” ready condition! So plan on fixing that small water leak, repaint or touch-up drywall dings and chipped paint, spruce up the yard, plant a few bushes, and remove all rubble from the yard. Time waits for no one, and this is especially true with the current real estate market conditions. Call me and i can get you through your next move, whether you are thinking of buying or selling in the near future. Make your next move stress free, and I will expertly guide you through the real estate sales process. There has never been a better time to make your move than today! 2. As an Active Buyer, you must be prepared to pay at or above listed price, and you must be prepared to move quickly in submitting your offer to any potential seller. Be sure to utilize the services of a local lender, and get a pre-qualification letter to your broker before you schedule a showing.
Local Market Update for March 2022 A Research Tool Provided by the Colorado Association of REALTORS®
Aspen March
Single Family
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
18
14
- 22.2%
40
32
- 20.0%
Sold Listings
12
7
- 41.7%
29
18
- 37.9%
Median Sales Price*
$6,550,000
$13,250,000
+ 102.3%
$7,750,000
$15,225,000
+ 96.5%
Average Sales Price*
$6,426,250
$21,253,571
+ 230.7%
$9,525,159
$18,309,167
+ 92.2%
94.1%
97.1%
+ 3.2%
94.6%
95.6%
+ 1.1%
Days on Market Until Sale
211
200
- 5.2%
222
109
- 50.9%
Inventory of Homes for Sale
106
44
- 58.5%
--
--
--
Months Supply of Inventory
6.6
3.7
- 43.9%
--
--
--
Percent of List Price Received*
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
New Listings
33
16
- 51.5%
69
44
- 36.2%
Sold Listings
23
10
- 56.5%
48
40
- 16.7%
Median Sales Price*
$2,500,000
$3,542,500
+ 41.7%
$2,056,000
$2,817,500
+ 37.0%
Average Sales Price*
$3,070,616
$5,388,400
+ 75.5%
$2,708,764
$4,188,850
+ 54.6%
96.1%
97.6%
+ 1.6%
96.0%
97.9%
+ 2.0%
Days on Market Until Sale
95
65
- 31.6%
97
42
- 56.7%
Inventory of Homes for Sale
107
21
- 80.4%
--
--
--
Months Supply of Inventory
6.2
1.0
- 83.9%
--
--
--
Percent of List Price Received*
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Aspen —
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
$12,000,000
$3,000,000
$10,000,000
$2,500,000
$8,000,000
$2,000,000
$6,000,000
$1,500,000
$4,000,000
$1,000,000
$2,000,000
$500,000
$0 1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
$0 1-2017
1-2018
1-2019
1-2020
Entire MLS — Aspen —
1-2021
1-2022
Current as of April 5, 2022. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2022 ShowingTime.
Local Market Update for March 2022 A Research Tool Provided by the Colorado Association of REALTORS®
Woody Creek March
Single Family
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
0
0
--
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
3
2
- 33.3%
Sold Listings
0
0
--
0
0
--
Median Sales Price*
$0
$0
--
$0
$0
--
Average Sales Price*
$0
$0
--
$0
$0
--
Percent of List Price Received*
0.0%
0.0%
--
0.0%
0.0%
--
Days on Market Until Sale
0
0
--
0
0
--
Inventory of Homes for Sale
7
5
- 28.6%
--
--
--
Months Supply of Inventory
4.0
3.6
- 10.0%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
0
0
--
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
0
0
--
Sold Listings
0
0
--
0
0
--
Median Sales Price*
$0
$0
--
$0
$0
--
Average Sales Price*
$0
$0
--
$0
$0
--
Percent of List Price Received*
0.0%
0.0%
--
0.0%
0.0%
--
Days on Market Until Sale
0
0
--
0
0
--
Inventory of Homes for Sale
0
0
--
--
--
--
Months Supply of Inventory
0.0
0.0
--
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Woody Creek —
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
$14,000,000
$700,000
$12,000,000
$600,000
$10,000,000
$500,000
$8,000,000
$400,000
$6,000,000
$300,000
$4,000,000
$200,000
$2,000,000
$100,000
$0 1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
$0 1-2017
1-2018
1-2019
1-2020
Entire MLS — Woody Creek —
1-2021
1-2022
Current as of April 5, 2022. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2022 ShowingTime.
Local Market Update for March 2022 A Research Tool Provided by the Colorado Association of REALTORS®
Snowmass Village March
Single Family
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
6
6
0.0%
18
14
- 22.2%
Sold Listings
5
4
- 20.0%
11
9
- 18.2%
Median Sales Price*
$3,075,000
$7,222,500
+ 134.9%
$3,555,000
$6,495,000
+ 82.7%
Average Sales Price*
$4,469,000
$7,386,250
+ 65.3%
$4,523,182
$7,837,333
+ 73.3%
95.8%
99.8%
+ 4.2%
95.3%
95.3%
0.0%
Days on Market Until Sale
263
110
- 58.2%
226
124
- 45.1%
Inventory of Homes for Sale
28
9
- 67.9%
--
--
--
Months Supply of Inventory
4.4
1.5
- 65.9%
--
--
--
Percent of List Price Received*
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
24
19
- 20.8%
130
45
- 65.4%
Sold Listings
31
8
- 74.2%
61
27
- 55.7%
Median Sales Price*
$960,000
$1,400,000
+ 45.8%
$860,000
$1,690,000
+ 96.5%
Average Sales Price*
$1,233,129
$1,553,738
+ 26.0%
$1,357,170
$2,157,367
+ 59.0%
96.2%
100.9%
+ 4.9%
96.6%
100.8%
+ 4.3%
Percent of List Price Received*
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
Days on Market Until Sale
102
7
- 93.1%
112
26
- 76.8%
Inventory of Homes for Sale
102
18
- 82.4%
--
--
--
Months Supply of Inventory
5.6
1.0
- 82.1%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Snowmass Village —
$6,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Snowmass Village —
$1,200,000
$5,000,000
$1,000,000
$4,000,000 $800,000 $3,000,000 $600,000 $2,000,000 $400,000
$1,000,000
$0 1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
$200,000 1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
Current as of April 5, 2022. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2022 ShowingTime.
Non-Toxic Spring Cleaning Tips for Your Home using Fresh Lemons! How to use lemons in your daily and spring cleaning routine ... As April progresses, and the late spring snows turn into much needed water for the trees, grasses and yard plants, I always think of the many to-do lists getting the house and yard prepped for warmer days ahead. Spring Cleaning is a great time to refresh your home and office environments, and natural, non-toxic cleaning solutions are not only good for your health, they are also good for the environment! Lemon Tips are sprinkled throughout this publication.
Local Market Update for March 2022 A Research Tool Provided by the Colorado Association of REALTORS®
Basalt March
Single Family
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
8
2
- 75.0%
Sold Listings
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
17
6
- 64.7%
6
4
- 33.3%
21
10
- 52.4%
Median Sales Price*
$2,110,000
$1,450,000
- 31.3%
$1,660,000
$1,630,000
- 1.8%
Average Sales Price*
$3,087,500
$1,570,375
- 49.1%
$1,934,452
$1,747,050
- 9.7%
Percent of List Price Received*
93.8%
96.2%
+ 2.6%
95.4%
97.4%
+ 2.1%
Days on Market Until Sale
43
116
+ 169.8%
150
85
- 43.3%
Inventory of Homes for Sale
21
5
- 76.2%
--
--
--
Months Supply of Inventory
3.0
0.9
- 70.0%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
5
11
+ 120.0%
Sold Listings
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
19
24
+ 26.3%
9
11
+ 22.2%
14
19
+ 35.7%
Median Sales Price*
$615,000
$1,380,000
+ 124.4%
$618,000
$1,105,000
+ 78.8%
Average Sales Price*
$711,083
$1,318,545
+ 85.4%
$673,911
$1,160,579
+ 72.2%
Percent of List Price Received*
98.0%
101.1%
+ 3.2%
97.3%
101.6%
+ 4.4%
Days on Market Until Sale
60
19
- 68.3%
104
26
- 75.0%
Inventory of Homes for Sale
14
24
+ 71.4%
--
--
--
Months Supply of Inventory
1.6
3.2
+ 100.0%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Basalt —
$1,600,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Basalt —
$800,000
$1,400,000 $700,000 $1,200,000 $600,000
$1,000,000 $800,000
$500,000
$600,000 $400,000 $400,000 $200,000 1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
$300,000 1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
Current as of April 5, 2022. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2022 ShowingTime.
Local Market Update for March 2022 A Research Tool Provided by the Colorado Association of REALTORS®
Carbondale March
Single Family
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
19
15
- 21.1%
Sold Listings
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
48
39
- 18.8%
20
14
- 30.0%
40
23
- 42.5%
Median Sales Price*
$1,617,500
$1,000,000
- 38.2%
$1,500,000
$1,110,000
- 26.0%
Average Sales Price*
$1,403,378
$1,729,454
+ 23.2%
$1,505,998
$1,915,341
+ 27.2%
97.9%
99.2%
+ 1.3%
97.8%
98.7%
+ 0.9%
74
62
- 16.2%
55
85
+ 54.5%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
45
29
- 35.6%
--
--
--
Months Supply of Inventory
2.5
2.1
- 16.0%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
7
5
- 28.6%
Sold Listings
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
17
12
- 29.4%
11
1
- 90.9%
23
9
- 60.9%
Median Sales Price*
$598,500
$710,000
+ 18.6%
$630,000
$934,000
+ 48.3%
Average Sales Price*
$639,103
$710,000
+ 11.1%
$666,172
$1,047,928
+ 57.3%
101.0%
99.3%
- 1.7%
100.3%
98.6%
- 1.7%
96
87
- 9.4%
112
126
+ 12.5%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
18
6
- 66.7%
--
--
--
Months Supply of Inventory
2.3
0.8
- 65.2%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Carbondale —
$1,600,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Carbondale —
$700,000
$1,400,000 $600,000
$1,200,000 $1,000,000
$500,000 $800,000 $600,000
$400,000
$400,000 $200,000 1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
$300,000 1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
Current as of April 5, 2022. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2022 ShowingTime.
Lemon Tip #1 Room Air Freshener Add lemon slices and spices, like cinnamon and cloves, to a pot of water. Bring to a simmer for an uplifting scent. Be sure to monitor the water level, and if you’d like to keep the fresh sent going, just add more water when it gets low.
Local Market Update for March 2022 A Research Tool Provided by the Colorado Association of REALTORS®
Marble March
Single Family
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
0
0
--
1
0
- 100.0%
Sold Listings
0
0
--
0
0
--
Median Sales Price*
$0
$0
--
$0
$0
--
Average Sales Price*
$0
$0
--
$0
$0
--
0.0%
0.0%
--
0.0%
0.0%
--
Days on Market Until Sale
0
0
--
0
0
--
Inventory of Homes for Sale
2
1
- 50.0%
--
--
--
Months Supply of Inventory
1.6
0.9
- 43.8%
--
--
--
Percent of List Price Received*
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
0
0
--
0
0
--
Sold Listings
0
0
--
0
0
--
Median Sales Price*
$0
$0
--
$0
$0
--
Average Sales Price*
$0
$0
--
$0
$0
--
0.0%
0.0%
--
0.0%
0.0%
--
Days on Market Until Sale
0
0
--
0
0
--
Inventory of Homes for Sale
0
0
--
--
--
--
Months Supply of Inventory
0.0
0.0
--
--
--
--
Percent of List Price Received*
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Marble —
$700,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Marble —
$700,000 $600,000
$600,000 $500,000 $500,000
$400,000 $300,000
$400,000
$200,000 $300,000 $100,000 $200,000 1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
$0 1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
Current as of April 5, 2022. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2022 ShowingTime.
Local Market Update for March 2022 A Research Tool Provided by the Colorado Association of REALTORS®
Missouri Heights March
Single Family
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
4
4
0.0%
10
8
- 20.0%
Sold Listings
6
4
- 33.3%
12
8
- 33.3%
Median Sales Price*
$1,875,000
$2,262,500
+ 20.7%
$1,575,000
$1,698,750
+ 7.9%
Average Sales Price*
$1,579,167
$3,165,588
+ 100.5%
$1,739,948
$2,690,981
+ 54.7%
97.0%
97.3%
+ 0.3%
96.8%
97.2%
+ 0.4%
Days on Market Until Sale
52
128
+ 146.2%
53
146
+ 175.5%
Inventory of Homes for Sale
13
5
- 61.5%
--
--
--
Months Supply of Inventory
3.0
1.6
- 46.7%
--
--
--
Percent of List Price Received*
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
0
0
--
0
0
--
Sold Listings
0
0
--
0
0
--
Median Sales Price*
$0
$0
--
$0
$0
--
Average Sales Price*
$0
$0
--
$0
$0
--
0.0%
0.0%
--
0.0%
0.0%
--
Days on Market Until Sale
0
0
--
0
0
--
Inventory of Homes for Sale
0
0
--
--
--
--
Months Supply of Inventory
0.0
0.0
--
--
--
--
Percent of List Price Received*
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Missouri Heights —
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
$1,750,000
$700,000
$1,500,000
$600,000
Entire MLS — Missouri Heights —
$500,000
$1,250,000
$400,000 $1,000,000 $300,000 $750,000
$200,000
$500,000
$250,000 1-2017
$100,000
1-2018
1-2019
1-2020
1-2021
1-2022
$0 1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
Current as of April 5, 2022. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2022 ShowingTime.
Local Market Update for March 2022 A Research Tool Provided by the Colorado Association of REALTORS®
Redstone March
Single Family
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
2
0
- 100.0%
Sold Listings
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
5
1
- 80.0%
4
0
- 100.0%
7
0
- 100.0%
Median Sales Price*
$1,187,500
$0
- 100.0%
$900,000
$0
- 100.0%
Average Sales Price*
$1,059,184
$0
- 100.0%
$912,320
$0
- 100.0%
90.2%
0.0%
- 100.0%
90.5%
0.0%
- 100.0%
103
0
- 100.0%
67
0
- 100.0%
Inventory of Homes for Sale
4
2
- 50.0%
--
--
--
Months Supply of Inventory
1.8
0.9
- 50.0%
--
--
--
Percent of List Price Received* Days on Market Until Sale
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
0
0
--
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
2
0
- 100.0%
Sold Listings
0
0
--
1
0
- 100.0%
Median Sales Price*
$0
$0
--
$295,000
$0
- 100.0%
Average Sales Price*
$0
$0
--
$295,000
$0
- 100.0%
Percent of List Price Received*
0.0%
0.0%
--
101.8%
0.0%
- 100.0%
Days on Market Until Sale
0
0
--
3
0
- 100.0%
Inventory of Homes for Sale
0
0
--
--
--
--
Months Supply of Inventory
0.0
0.0
--
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Redstone —
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
$1,000,000
$700,000
$900,000
$600,000
$800,000
$500,000
$700,000
$400,000
$600,000
$300,000
$500,000
$200,000
$400,000
$100,000
$300,000 1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
$0 1-2017
1-2018
1-2019
1-2020
Entire MLS — Redstone —
1-2021
1-2022
Current as of April 5, 2022. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2022 ShowingTime.
Lemon Tip #2 Clean Chrome Faucets Rub half a lemon directly over hard water spots and mineral deposits. A used lemon is more flexible and may be easier to rub around tight corners. Rinse with clean water and dry with a cloth
Lemon Tip #3 Coffee Pots To give your coffee pot a thorough cleaning (and remove coffee oils), simply pour water and lemon juice into the reservoir. Run a normal cycle and let it sit until it cools. Repeat this if necessary. Then be sure to Run a final cycle with just clean water.
Local Market Update for March 2022 A Research Tool Provided by the Colorado Association of REALTORS®
Glenwood Springs March
Single Family
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
29
15
- 48.3%
73
40
- 45.2%
Sold Listings
14
14
0.0%
39
33
- 15.4%
Median Sales Price*
$713,500
$657,250
- 7.9%
$679,000
$761,000
+ 12.1%
Average Sales Price*
$816,024
$808,171
- 1.0%
$763,263
$886,810
+ 16.2%
95.4%
98.5%
+ 3.2%
96.8%
98.7%
+ 2.0%
Percent of List Price Received*
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
Days on Market Until Sale
105
64
- 39.0%
69
54
- 21.7%
Inventory of Homes for Sale
42
24
- 42.9%
--
--
--
Months Supply of Inventory
2.1
1.3
- 38.1%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date Percent Change from Previous Year
Thru 03-2021
Percent Change from Previous Year
Key Metrics
2021
2022
New Listings
9
10
+ 11.1%
19
21
+ 10.5%
Sold Listings
3
11
+ 266.7%
9
22
+ 144.4%
Median Sales Price*
$375,000
$605,000
+ 61.3%
$430,000
$552,500
+ 28.5%
Average Sales Price*
$387,333
$555,273
+ 43.4%
$418,556
$516,500
+ 23.4%
99.2%
98.2%
- 1.0%
99.4%
99.5%
+ 0.1%
Days on Market Until Sale
7
140
+ 1900.0%
5
115
+ 2200.0%
Inventory of Homes for Sale
21
6
- 71.4%
--
--
--
Months Supply of Inventory
3.6
0.7
- 80.6%
--
--
--
Percent of List Price Received*
Thru 3-2022
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Glenwood Springs —
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
$800,000
$700,000
$700,000
$600,000
$600,000
$500,000
$500,000
$400,000
$400,000
$300,000
$300,000 1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
$200,000 1-2017
1-2018
1-2019
1-2020
Entire MLS — Glenwood Springs —
1-2021
1-2022
Current as of April 5, 2022. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2022 ShowingTime.
Local Market Update for March 2022 A Research Tool Provided by the Colorado Association of REALTORS®
New Castle March
Single Family
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
9
8
- 11.1%
27
17
- 37.0%
Sold Listings
11
5
- 54.5%
26
12
- 53.8%
Median Sales Price*
$485,000
$583,000
+ 20.2%
$485,000
$576,250
+ 18.8%
Average Sales Price*
$500,045
$557,800
+ 11.5%
$529,394
$571,875
+ 8.0%
Percent of List Price Received*
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
98.8%
102.0%
+ 3.2%
98.7%
100.3%
+ 1.6%
Days on Market Until Sale
41
27
- 34.1%
52
36
- 30.8%
Inventory of Homes for Sale
13
3
- 76.9%
--
--
--
Months Supply of Inventory
1.5
0.4
- 73.3%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
5
7
+ 40.0%
Sold Listings
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
12
15
+ 25.0%
7
6
- 14.3%
13
8
- 38.5%
Median Sales Price*
$333,500
$338,045
+ 1.4%
$285,000
$340,000
+ 19.3%
Average Sales Price*
$335,943
$332,015
- 1.2%
$319,354
$354,699
+ 11.1%
Percent of List Price Received*
101.7%
99.2%
- 2.5%
100.1%
99.3%
- 0.8%
Days on Market Until Sale
15
12
- 20.0%
14
17
+ 21.4%
Inventory of Homes for Sale
2
5
+ 150.0%
--
--
--
Months Supply of Inventory
0.4
0.9
+ 125.0%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — New Castle —
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
$600,000
$700,000
$550,000
$600,000
$500,000
$500,000
$450,000
$400,000
$400,000
$300,000
$350,000 1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
$200,000 1-2017
1-2018
1-2019
1-2020
Entire MLS — New Castle —
1-2021
1-2022
Current as of April 5, 2022. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2022 ShowingTime.
Local Market Update for March 2022 A Research Tool Provided by the Colorado Association of REALTORS®
Silt March
Single Family
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
9
6
- 33.3%
24
14
- 41.7%
Sold Listings
6
5
- 16.7%
20
19
- 5.0%
Median Sales Price*
$555,000
$465,000
- 16.2%
$487,500
$510,000
+ 4.6%
Average Sales Price*
$556,500
$523,000
- 6.0%
$502,510
$515,474
+ 2.6%
100.2%
97.8%
- 2.4%
98.9%
98.5%
- 0.4%
Days on Market Until Sale
13
92
+ 607.7%
38
73
+ 92.1%
Inventory of Homes for Sale
14
5
- 64.3%
--
--
--
Months Supply of Inventory
1.8
0.6
- 66.7%
--
--
--
Percent of List Price Received*
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
0
1
--
0
3
--
Sold Listings
0
0
--
2
2
0.0%
Median Sales Price*
$0
$0
--
$288,000
$363,500
+ 26.2%
Average Sales Price*
$0
$0
--
$288,000
$363,500
+ 26.2%
0.0%
0.0%
--
99.9%
96.4%
- 3.5%
Days on Market Until Sale
0
0
--
3
7
+ 133.3%
Inventory of Homes for Sale
0
0
--
--
--
--
Months Supply of Inventory
0.0
0.0
--
--
--
--
Percent of List Price Received*
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Silt —
$600,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Silt —
$700,000
$600,000
$500,000
$500,000 $400,000 $400,000 $300,000 $300,000
$200,000 1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
$200,000 1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
Current as of April 5, 2022. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2022 ShowingTime.
Local Market Update for March 2022 A Research Tool Provided by the Colorado Association of REALTORS®
Rifle March
Single Family
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
22
6
- 72.7%
Sold Listings
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
48
27
- 43.8%
18
14
- 22.2%
44
42
- 4.5%
Median Sales Price*
$375,000
$387,500
+ 3.3%
$352,000
$422,500
+ 20.0%
Average Sales Price*
$414,694
$415,857
+ 0.3%
$384,175
$463,520
+ 20.7%
Percent of List Price Received*
99.0%
99.3%
+ 0.3%
98.9%
98.7%
- 0.2%
Days on Market Until Sale
71
34
- 52.1%
49
49
0.0%
Inventory of Homes for Sale
22
12
- 45.5%
--
--
--
Months Supply of Inventory
1.3
0.7
- 46.2%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
March
Townhouse/Condo
Year to Date
Key Metrics
2021
2022
Percent Change from Previous Year
New Listings
7
3
- 57.1%
Sold Listings
Thru 03-2021
Thru 3-2022
Percent Change from Previous Year
20
13
- 35.0%
4
9
+ 125.0%
12
17
+ 41.7%
Median Sales Price*
$222,050
$225,000
+ 1.3%
$249,000
$250,000
+ 0.4%
Average Sales Price*
$210,275
$224,722
+ 6.9%
$242,167
$262,794
+ 8.5%
Percent of List Price Received*
99.6%
99.4%
- 0.2%
99.3%
99.9%
+ 0.6%
Days on Market Until Sale
87
27
- 69.0%
111
67
- 39.6%
Inventory of Homes for Sale
17
3
- 82.4%
--
--
--
Months Supply of Inventory
3.5
0.4
- 88.6%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Median Sales Price – Single Family Rolling 12-Month Calculation
Entire MLS — Rifle —
$600,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Rifle —
$700,000
$600,000 $500,000 $500,000 $400,000
$400,000
$300,000 $300,000 $200,000 $200,000 1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
$100,000 1-2017
1-2018
1-2019
1-2020
1-2021
1-2022
Current as of April 5, 2022. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2022 ShowingTime.
Lemon Tip #4 Cutting Boards After using a cutting board for cutting strong smelling foods like onions or garlic, you can remove the odor with lemon. Clear the board, sprinkle coarse salt on the board and rub the salt in with a half of a lemon.
Lemon Tip #5 Garbage Disposal Use the zest (the outer part of the peel) of about 1/4 of a lemon and drop into your garbage disposal. Turn on the faucet and turn on the disposal for an instant lemon scent. Don’t use large chunks of lemon or the fibers (and seeds) which may damage the disposal.
Lemon Tip #6 Microwave Fill a microwave safe bowl with water and add fresh lemon juice. Microwave on high about 3-5 minutes or until boiling. When the microwave beeps, keep the door closed and let it sit for around 5 minutes. The steam will loosen any food particles and simply clean off food residue with a moist paper towel or a cleaning cloth or sponge.
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