2021 Third Quarter Reports
The View from here ... The past summer months have flown by, with a flurry of activity by local buyers trying so hard to find a suitable and affordable place to call home. I must say, it has been a challenge submitting buyer’s genuine offers on condos, homes, and vacant lots, only to find out they are competing with multiple offers all above the listing price, and then to learn that the buyer’s offers were not high enough! It was a summer of patience, a summer of guidance, and a summer of reassuring buyers that they can have the property they desire, if they are willing to re-shift their focus, look in other areas, and revise their wants, needs & desires. Be sure to check out the Aspen/Glenwood MLS local area market activity reports included in this 3rd quarter Newsletter to get a true understanding of what properties are selling for in each area of the Roaring Fork and Colorado River valleys. I also want to remind you, if you are a local seller, that there are many compelling reasons to list your home right now, as the 4th quarter of the year is a great time to sell your property. There are many buyers still searching for the right property, and your home could very well fit a buyer’s wants, needs, and desires today.
Aspen City Moves Forward on Pedestrian-Only Streets Plan
Aspen City Council approved a plan to implement parking reconfiguration and temporary intersection improvements in downtown Aspen, the Aspen Daily News reported. City staff presented a plan that would reconfigure Galena Street to allow for parallel parking, bike lanes and a widened sidewalk while converting Galena to a one-way street running south from Hyman Avenue. The plan would also implement temporary curb extensions at four intersections in the downtown core to study driver-pedestrian interactions. Projects are set to start by May 2022. It would place 44 parking spaces on the Galena corridor on one side of the street, with a protected bike lane on the other side and widened sidewalks on both sides of the street. Casa Tua Staves Off Eviction with Building Sale
The part of the old Guido’s Swiss Inn building that is currently home to an upscale restaurant recently sold for $17 million to a subsidiary of the Reuben Brothers global investment firm, the Aspen Times reported. The deal comes on the heels of a court settlement between the property’s previous owner/landlord and tenant Casa Tua. Pitkin County District Court Chris Seldin signed an order dismissing litigation between Casa Tua and its landlord, Guidos Swiss Inn. While the signed order is public record, the rest of the litigation remained sealed because eviction proceedings are suppressed under a new Colorado law that took effect Dec. 1. The restaurant will remain in its current location, 403 S. Galena St., which is where it has been located since December 2010. Mawa’s Kitchen Expands at ABC
Chef Mawa McQueen is expanding service to include dinner for the first time at her namesake Mawa’s Kitchen at the Airport Business Center, the Aspen Daily News reported. McQueen worked with local designer Barbara Glass of Barbara Glass Inc. to remodel the Aspen restaurant, opening up the space by more than 800 additional square feet, adding 30 seats and a full bar, which allowed McQueen to open for dinner service for the first time with a full cocktail and wine list. Dance Aspen to Make September Debut
A group of performers from the shuttered Aspen Santa Fe Ballet company have founded the new contemporary company DanceAspen and will debut new work at the Wheeler Opera House in September, the Aspen Times reported. The inaugural DanceAspen cast includes executive director Laurel Jenny Winton and her former Aspen Santa Fe company-mates Anthony Tiedeman, Katherine Bolanos, Sadie Brown, Matthew Gilmore and Kaya Wolsey along with newcomer Sammy Altenau. The team also includes Aspen Santa Fe alum Luke Willis, who is serving as an artistic advisor. Aspen Santa Fe dissolved its company in March 2021, after a year without public performances due to public health restrictions brought on by the coronavirus pandemic. DanceAspen is aiming to build a sustainable year-round contemporary dance company that would fill the void left by Aspen Santa Fe, which is still running its dance school and is expected to host performances by guest companies.
Local Market Update for September 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Aspen September
Single Family
Year to Date Percent Change from Previous Year
Thru 09-2020
Thru 9-2021
Percent Change from Previous Year
Key Metrics
2020
2021
New Listings
19
19
0.0%
188
146
- 22.3%
Sold Listings
35
21
- 40.0%
108
106
- 1.9%
Median Sales Price*
$10,250,000
$7,725,000
- 24.6%
$8,250,000
$9,537,500
+ 15.6%
Average Sales Price*
$11,734,829
$7,802,095
- 33.5%
$10,200,815
$11,662,094
+ 14.3%
93.8%
98.1%
+ 4.6%
91.5%
95.3%
+ 4.2%
Days on Market Until Sale
173
62
- 64.2%
195
148
- 24.1%
Inventory of Homes for Sale
146
64
- 56.2%
--
--
--
Months Supply of Inventory
12.8
4.4
- 65.6%
--
--
--
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.
September
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
Thru 09-2020
Thru 9-2021
New Listings
27
12
- 55.6%
200
184
- 8.0%
Sold Listings
38
23
- 39.5%
120
179
+ 49.2%
Median Sales Price*
$3,202,500
$2,897,500
- 9.5%
$2,577,500
$1,880,000
- 27.1%
Average Sales Price*
$3,828,676
$4,729,152
+ 23.5%
$3,764,978
$2,818,467
- 25.1%
97.1%
97.6%
+ 0.5%
95.0%
96.9%
+ 2.0%
Days on Market Until Sale
139
87
- 37.4%
162
90
- 44.4%
Inventory of Homes for Sale
121
19
- 84.3%
--
--
--
Months Supply of Inventory
9.6
0.9
- 90.6%
--
--
--
Percent of List Price Received*
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 — Aspen —
$10,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Aspen —
$3,000,000
$2,500,000
$8,000,000
$2,000,000 $6,000,000 $1,500,000 $4,000,000 $1,000,000 $2,000,000
$0 1-2016
$500,000
1-2017
1-2018
1-2019
1-2020
1-2021
$0 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for September 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Woody Creek September
Single Family
Year to Date Percent Change from Previous Year
Thru 09-2020
Thru 9-2021
Percent Change from Previous Year
Key Metrics
2020
2021
New Listings
1
1
0.0%
8
10
+ 25.0%
Sold Listings
2
1
- 50.0%
5
7
+ 40.0%
Median Sales Price*
$3,400,000
$670,000
- 80.3%
$4,094,000
$12,650,000
+ 209.0%
Average Sales Price*
$3,400,000
$670,000
- 80.3%
$5,243,800
$10,988,571
+ 109.6%
93.9%
96.4%
+ 2.7%
96.0%
95.2%
- 0.8%
Days on Market Until Sale
75
164
+ 118.7%
247
201
- 18.6%
Inventory of Homes for Sale
6
6
0.0%
--
--
--
Months Supply of Inventory
2.4
4.7
+ 95.8%
--
--
--
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.
September
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
Thru 09-2020
Thru 9-2021
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*
* 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 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$0 1-2016
1-2017
1-2018
1-2019
Entire MLS — Woody Creek —
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Snowmass Village Parking Permit Prices to Increase
For the first time since 2014, most parking permits for the numbered lots and Divide Lot in Snowmass Village will cost more during the 2021-22 ski season than they did the winter before, the Aspen Times reported. Most people who live or work within the Snowmass Village zip code will pay $10 or $15 more than they have for the past seven winters for their residential and employee permits. Prices for those permits range from $50 to $200 depending on the level of access and how many vehicles the applicant wants to park. Roaring Fork Valley residents and guests who want unlimited parking will have to pay $50 more for a Gold Pass (now $550) and valley seniors will pay $25 more for their discounted passes (now $250). Merchant parking, which includes access for as many as five vehicles, also will cost $50 more; this year, it totals $700.
Local Market Update for September 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Snowmass Village September
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
3
1
- 66.7%
Sold Listings
Thru 09-2020
Thru 9-2021
Percent Change from Previous Year
64
53
- 17.2%
12
9
- 25.0%
35
55
+ 57.1%
Median Sales Price*
$3,974,500
$6,900,000
+ 73.6%
$3,587,500
$4,925,000
+ 37.3%
Average Sales Price*
$4,376,833
$6,162,222
+ 40.8%
$3,892,892
$5,390,755
+ 38.5%
Percent of List Price Received*
93.4%
97.8%
+ 4.7%
92.7%
96.6%
+ 4.2%
Days on Market Until Sale
296
87
- 70.6%
204
148
- 27.5%
Inventory of Homes for Sale
41
12
- 70.7%
--
--
--
Months Supply of Inventory
8.4
1.6
- 81.0%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
September
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
27
21
- 22.2%
Sold Listings
Thru 09-2020
Thru 9-2021
Percent Change from Previous Year
173
234
+ 35.3%
32
18
- 43.8%
115
187
+ 62.6%
Median Sales Price*
$925,000
$1,154,500
+ 24.8%
$835,000
$840,000
+ 0.6%
Average Sales Price*
$1,387,066
$1,611,608
+ 16.2%
$1,291,396
$1,300,165
+ 0.7%
Percent of List Price Received*
96.0%
98.5%
+ 2.6%
94.4%
97.8%
+ 3.6%
Days on Market Until Sale
117
70
- 40.2%
191
102
- 46.6%
Inventory of Homes for Sale
104
19
- 81.7%
--
--
--
Months Supply of Inventory
8.4
0.8
- 90.5%
--
--
--
* 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 —
$5,000,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Snowmass Village —
$900,000
$800,000
$4,000,000
$700,000 $3,000,000 $600,000 $2,000,000 $500,000 $1,000,000
$0 1-2016
$400,000
1-2017
1-2018
1-2019
1-2020
1-2021
$300,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Basalt Willits Developer Sells Last Holdings
A real estate investment company that rescued Willits Town Center from the economic morass of the Great Recession has sold its remaining interests in the development, the Aspen Times reported. Platform Ventures, formerly known as Mariner Real Estate Management, sold portions of three buildings at Willits for $18,754,000. The sale included five commercial spaces in block 7, the building that is home to Capitol Creek Brewing; commercial space in block 10, home to the Kitchen Collage retail store; and a unit in Market Street Crossings. The buyer was GKT Willits Two, of Columbia, Missouri. The address for the firm is the same as TKG Willits Town Center LLC, which purchased the Whole Foods Market building and Starbuck’s buildings in Willits from Platform Ventures in March 2016. That purchase was for $30.46 million. GKT Willits and TKG Willits Town Center are companies affiliated with the Kroenke Group, the real estate arm of billionaire Stan Kroenke’s empire. Kroenke is the owner of the Colorado Avalanche, Denver Nuggets, Colorado Rapids and Los Angeles Rams.
Local Market Update for September 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Basalt September
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
12
2
- 83.3%
Sold Listings
Thru 09-2020
Thru 9-2021
Percent Change from Previous Year
75
61
- 18.7%
12
9
- 25.0%
56
55
- 1.8%
Median Sales Price*
$1,667,500
$1,295,000
- 22.3%
$1,060,500
$1,450,000
+ 36.7%
Average Sales Price*
$1,682,167
$1,827,352
+ 8.6%
$1,528,420
$1,876,703
+ 22.8%
Percent of List Price Received*
95.8%
95.7%
- 0.1%
95.1%
95.9%
+ 0.8%
Days on Market Until Sale
173
141
- 18.5%
157
118
- 24.8%
Inventory of Homes for Sale
38
21
- 44.7%
--
--
--
Months Supply of Inventory
6.2
3.3
- 46.8%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
September
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
11
7
- 36.4%
Sold Listings
Thru 09-2020
Thru 9-2021
Percent Change from Previous Year
83
87
+ 4.8%
20
9
- 55.0%
62
66
+ 6.5%
Median Sales Price*
$610,000
$820,000
+ 34.4%
$549,750
$670,500
+ 22.0%
Average Sales Price*
$686,650
$1,099,556
+ 60.1%
$744,358
$791,056
+ 6.3%
Percent of List Price Received*
97.9%
100.5%
+ 2.7%
96.8%
99.7%
+ 3.0%
Days on Market Until Sale
126
42
- 66.7%
123
49
- 60.2%
Inventory of Homes for Sale
18
10
- 44.4%
--
--
--
Months Supply of Inventory
2.3
1.1
- 52.2%
--
--
--
* 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 — Basalt —
$1,400,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Basalt —
$800,000
$1,200,000
$700,000
$1,000,000 $600,000 $800,000 $500,000 $600,000 $400,000
$400,000
$200,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$300,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for September 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Missouri Heights September
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
4
2
- 50.0%
38
34
- 10.5%
Sold Listings
4
2
- 50.0%
26
33
+ 26.9%
Median Sales Price*
$1,957,500
$1,735,000
- 11.4%
$1,210,000
$1,699,000
+ 40.4%
Average Sales Price*
$2,347,500
$1,735,000
- 26.1%
$1,576,837
$1,853,299
+ 17.5%
90.1%
95.6%
+ 6.1%
94.4%
96.5%
+ 2.2%
Percent of List Price Received*
Thru 09-2020
Thru 9-2021
Percent Change from Previous Year
Days on Market Until Sale
187
92
- 50.8%
209
104
- 50.2%
Inventory of Homes for Sale
20
12
- 40.0%
--
--
--
Months Supply of Inventory
4.9
2.7
- 44.9%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
September
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
Thru 09-2020
Thru 9-2021
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*
* 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
$2,000,000
$700,000
$1,750,000
$600,000
$1,500,000
$500,000
$1,250,000
$400,000
$1,000,000
$300,000
$750,000
$200,000
$500,000
$100,000
$250,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$0 1-2016
1-2017
1-2018
1-2019
Entire MLS — Missouri Heights —
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Carbondale AVLT Purchases Coffman Ranch
The Aspen Valley Land Trust and longtime Carbondale-area ranchers Rex and JoAnn Coffman have officially completed the transfer of the Coffmans’ working ranch to the land trust, the Aspen Times reported. The transaction puts the 141-acre ranch located 1.5 miles east of Carbondale along the Roaring Fork River in the hands of the AVLT. The Coffmans plan to continue living part of the year at the ranch that they’ve owned since the mid-1950s. The AVLT plans to maintain the land as a working ranch and establish an agriculture and conservation education center on the site. Pitkin County also will hold a conservation easement on the land in perpetuity to protect the agriculture and wildlife habitat and to establish future public access to the riverfront following completion of a formal resource management plan. With the purchase complete, AVLT also will now launch a $7 million public capital campaign to make the conservation management of, and community access to, the ranch possible.
Local Market Update for September 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Carbondale September
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
19
13
- 31.6%
174
170
- 2.3%
Sold Listings
19
16
- 15.8%
145
132
- 9.0%
Median Sales Price*
$1,125,000
$1,324,500
+ 17.7%
$1,025,000
$1,456,688
+ 42.1%
Average Sales Price*
$1,415,901
$1,456,444
+ 2.9%
$1,238,375
$1,553,497
+ 25.4%
96.1%
99.2%
+ 3.2%
96.4%
98.3%
+ 2.0%
109
38
- 65.1%
135
57
- 57.8%
Percent of List Price Received* Days on Market Until Sale
Thru 09-2020
Thru 9-2021
Percent Change from Previous Year
Inventory of Homes for Sale
54
47
- 13.0%
--
--
--
Months Supply of Inventory
3.4
2.9
- 14.7%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
September
Townhouse/Condo
Year to Date
2020
2021
Percent Change from Previous Year
New Listings
9
8
- 11.1%
90
70
- 22.2%
Sold Listings
10
9
- 10.0%
62
81
+ 30.6%
Median Sales Price*
$601,000
$731,000
+ 21.6%
$547,500
$630,000
+ 15.1%
Average Sales Price*
$681,784
$1,043,056
+ 53.0%
$622,369
$708,658
+ 13.9%
99.9%
100.0%
+ 0.1%
98.9%
99.9%
+ 1.0%
138
27
- 80.4%
103
58
- 43.7%
Key Metrics
Percent of List Price Received* Days on Market Until Sale
Thru 09-2020
Thru 9-2021
Percent Change from Previous Year
Inventory of Homes for Sale
30
5
- 83.3%
--
--
--
Months Supply of Inventory
4.6
0.6
- 87.0%
--
--
--
* 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 — Carbondale —
$1,400,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — Carbondale —
$700,000
$1,200,000 $600,000 $1,000,000
$800,000
$500,000
$600,000 $400,000 $400,000
$200,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$300,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Glenwood Springs Mudslides Close Hanging Lake Trail
The Hanging Lake Trail will be closed for the foreseeable future due to damage caused by numerous mudslides, the Aspen Daily News reported. After successfully reopening Hanging Lake for a short period of time earlier this summer, last month’s mudslides in and around the Grizzly Creek Fire’s burn scar forced its closure once again. Hanging Lake will remain closed for the remainder of 2021 and into next year. The trail includes seven bridges, most of which have been severely damaged or completely destroyed. Mill Levy Override Will Go to Voters
Roaring Fork School District voters will decide on a property tax increase to source funds for employee wages this November, the Glenwood Springs Post Independent reported. Voters will be asked to approve a mill levy override for the primary focus of raising employee wages to assist with recruitment and retention. The district is currently in the midst of a staffing crisis, with more than 50 positions unfilled as the school year enters its third week. Passing the ballot measure will generate a maximum of $7.7 million from the community through a property tax increase. Currently, Roaring Fork receives nearly $1,600 annually in per-pupil mill levy override funding, less than each neighboring district and just over half Aspen’s $3,025. Should the ballot measure pass, it would bring Roaring Fork School District to its cap and permit it to draw roughly $16 million through mill levy revenue.
Local Market Update for September 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Glenwood Springs September
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
22
22
0.0%
Sold Listings
Thru 09-2020
Thru 9-2021
Percent Change from Previous Year
213
196
- 8.0%
25
20
- 20.0%
161
169
+ 5.0%
Median Sales Price*
$640,000
$799,000
+ 24.8%
$600,000
$767,897
+ 28.0%
Average Sales Price*
$905,838
$939,414
+ 3.7%
$677,980
$836,709
+ 23.4%
97.5%
99.1%
+ 1.6%
97.7%
99.4%
+ 1.7%
67
48
- 28.4%
63
39
- 38.1%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
43
18
- 58.1%
--
--
--
Months Supply of Inventory
2.6
0.9
- 65.4%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
September
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
8
5
- 37.5%
Sold Listings
Thru 09-2020
Thru 9-2021
Percent Change from Previous Year
77
81
+ 5.2%
10
14
+ 40.0%
63
68
+ 7.9%
Median Sales Price*
$392,000
$417,925
+ 6.6%
$335,000
$398,675
+ 19.0%
Average Sales Price*
$395,425
$479,882
+ 21.4%
$342,372
$398,261
+ 16.3%
97.6%
100.2%
+ 2.7%
98.4%
100.2%
+ 1.8%
14
11
- 21.4%
44
22
- 50.0%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
20
10
- 50.0%
--
--
--
Months Supply of Inventory
2.6
1.4
- 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.
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 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$200,000 1-2016
1-2017
1-2018
1-2019
Entire MLS — Glenwood Springs —
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for September 2021 A Research Tool Provided by the Colorado Association of REALTORS®
New Castle September
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
9
11
+ 22.2%
Sold Listings
Thru 09-2020
Thru 9-2021
Percent Change from Previous Year
94
88
- 6.4%
14
6
- 57.1%
79
75
- 5.1%
Median Sales Price*
$536,950
$577,500
+ 7.6%
$429,900
$550,000
+ 27.9%
Average Sales Price*
$556,707
$612,833
+ 10.1%
$471,992
$581,938
+ 23.3%
98.7%
97.3%
- 1.4%
98.4%
99.1%
+ 0.7%
45
20
- 55.6%
65
38
- 41.5%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
18
15
- 16.7%
--
--
--
Months Supply of Inventory
2.0
1.9
- 5.0%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
September
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
4
9
+ 125.0%
Sold Listings
Thru 09-2020
Thru 9-2021
Percent Change from Previous Year
53
51
- 3.8%
8
2
- 75.0%
42
49
+ 16.7%
Median Sales Price*
$283,500
$257,500
- 9.2%
$294,500
$333,500
+ 13.2%
Average Sales Price*
$283,625
$257,500
- 9.2%
$298,257
$343,890
+ 15.3%
100.6%
99.3%
- 1.3%
99.7%
100.4%
+ 0.7%
10
48
+ 380.0%
56
18
- 67.9%
Percent of List Price Received* Days on Market Until Sale Inventory of Homes for Sale
8
5
- 37.5%
--
--
--
Months Supply of Inventory
1.8
0.9
- 50.0%
--
--
--
* 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 —
$600,000
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Entire MLS — New Castle —
$700,000
$550,000
$600,000
$500,000 $500,000 $450,000 $400,000 $400,000 $300,000
$350,000
$300,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$200,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for September 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Marble September
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
2
0
- 100.0%
7
6
- 14.3%
Sold Listings
3
0
- 100.0%
9
6
- 33.3%
Median Sales Price*
$375,000
$0
- 100.0%
$547,500
$645,500
+ 17.9%
Average Sales Price*
$461,833
$0
- 100.0%
$645,333
$713,500
+ 10.6%
95.1%
0.0%
- 100.0%
94.6%
99.2%
+ 4.9%
Percent of List Price Received* Days on Market Until Sale
Thru 09-2020
Thru 9-2021
Percent Change from Previous Year
147
0
- 100.0%
219
90
- 58.9%
Inventory of Homes for Sale
3
2
- 33.3%
--
--
--
Months Supply of Inventory
2.3
1.8
- 21.7%
--
--
--
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
September
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
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 09-2020
Thru 9-2021
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 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$0 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for September 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Redstone September
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
3
1
- 66.7%
Sold Listings
Thru 09-2020
Thru 9-2021
Percent Change from Previous Year
14
21
+ 50.0%
4
4
0.0%
9
21
+ 133.3%
Median Sales Price*
$856,750
$749,500
- 12.5%
$620,000
$750,000
+ 21.0%
Average Sales Price*
$825,875
$736,625
- 10.8%
$732,167
$912,559
+ 24.6%
98.2%
97.3%
- 0.9%
97.4%
94.1%
- 3.4%
149
18
- 87.9%
116
38
- 67.2%
Inventory of Homes for Sale
6
5
- 16.7%
--
--
--
Months Supply of Inventory
2.6
2.1
- 19.2%
--
--
--
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.
September
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
0
0
--
Thru 09-2020
Thru 9-2021
Percent Change from Previous Year
1
2
+ 100.0%
Sold Listings
0
0
--
2
2
0.0%
Median Sales Price*
$0
$0
--
$164,500
$242,500
+ 47.4%
Average Sales Price*
$0
$0
--
$164,500
$242,500
+ 47.4%
Percent of List Price Received*
0.0%
0.0%
--
93.3%
100.2%
+ 7.4%
Days on Market Until Sale
0
0
--
162
6
- 96.3%
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 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$0 1-2016
1-2017
1-2018
1-2019
Entire MLS — Redstone —
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for September 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Rifle September
Single Family
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
12
22
+ 83.3%
176
206
+ 17.0%
Sold Listings
17
19
+ 11.8%
139
153
+ 10.1%
Median Sales Price*
$345,000
$415,000
+ 20.3%
$335,000
$393,000
+ 17.3%
Average Sales Price*
$396,140
$443,276
+ 11.9%
$357,091
$414,948
+ 16.2%
98.1%
98.4%
+ 0.3%
98.6%
99.2%
+ 0.6%
Days on Market Until Sale
25
24
- 4.0%
42
38
- 9.5%
Inventory of Homes for Sale
38
35
- 7.9%
--
--
--
Months Supply of Inventory
2.4
2.1
- 12.5%
--
--
--
Percent of List Price Received*
Thru 09-2020
Thru 9-2021
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.
September
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
New Listings
8
5
- 37.5%
48
59
+ 22.9%
Sold Listings
2
7
+ 250.0%
32
62
+ 93.8%
Median Sales Price*
$215,500
$265,000
+ 23.0%
$206,500
$252,000
+ 22.0%
Average Sales Price*
$215,500
$240,843
+ 11.8%
$209,750
$250,887
+ 19.6%
100.3%
99.6%
- 0.7%
98.0%
100.5%
+ 2.6%
Days on Market Until Sale
5
27
+ 440.0%
50
44
- 12.0%
Inventory of Homes for Sale
13
2
- 84.6%
--
--
--
Months Supply of Inventory
3.2
0.3
- 90.6%
--
--
--
Percent of List Price Received*
Thru 09-2020
Thru 9-2021
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 — 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 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$100,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Local Market Update for September 2021 A Research Tool Provided by the Colorado Association of REALTORS®
Silt September
Single Family
Year to Date Percent Change from Previous Year
Thru 09-2020
Thru 9-2021
Percent Change from Previous Year
10
- 41.2%
82
97
+ 18.3%
15
+ 275.0%
56
70
+ 25.0%
$411,000
$495,000
+ 20.4%
$420,000
$479,500
+ 14.2%
$485,250
$529,023
+ 9.0%
$446,932
$506,351
+ 13.3%
100.6%
97.7%
- 2.9%
98.6%
99.1%
+ 0.5%
Days on Market Until Sale
16
36
+ 125.0%
51
37
- 27.5%
Inventory of Homes for Sale
22
19
- 13.6%
--
--
--
Months Supply of Inventory
3.5
2.4
- 31.4%
--
--
--
Key Metrics
2020
2021
New Listings
17
Sold Listings
4
Median Sales Price* Average Sales Price* 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.
September
Townhouse/Condo
Year to Date
Key Metrics
2020
2021
Percent Change from Previous Year
Thru 09-2020
Thru 9-2021
Percent Change from Previous Year
New Listings
2
0
- 100.0%
17
8
- 52.9%
Sold Listings
3
1
- 66.7%
14
8
- 42.9%
Median Sales Price*
$288,500
$285,000
- 1.2%
$266,250
$369,500
+ 38.8%
Average Sales Price*
$279,500
$285,000
+ 2.0%
$248,314
$359,250
+ 44.7%
100.0%
100.0%
0.0%
99.2%
99.9%
+ 0.7%
Days on Market Until Sale
43
45
+ 4.7%
81
17
- 79.0%
Inventory of Homes for Sale
1
0
- 100.0%
--
--
--
Months Supply of Inventory
0.4
0.0
- 100.0%
--
--
--
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 — 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 $200,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
$100,000 1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime.
Pitkin County Airport Activity on the Rise
Commercial and private operations at the Aspen-Pitkin County Airport totaled 5,237 landings and takeoffs in July, the Aspen Daily News reported. The figure represents a nominal increase over 5,214 operations recorded in July 2020 and a 7% rise compared with 4,888 operations in July 2019. Commercial jet activity from United Airlines and American Airlines accounted for 21.5% of July’s airport operations while general aviation totaled 88.5%. Operations for the first six months of this year had been outpacing the January-to-June period of 2020 by far: 23,182 to 16,822, or a 38% increase in flight activity. July 2020’s figure marked a return to normalcy of sorts following a three-month travel industry slowdown caused by the onset of the COVID-19 pandemic. But most of that activity was due to private operations as commercial activity only accounted for 397 operations, or 9%, of July 2020’s combined air traffic. SkiCo Announces Pass Options
Aspen Skiing Co. announced its pass prices in August, the Aspen Daily News reported. The Premier Pass remains the flagship product — $1,599 for members of the Aspen Chamber Resort Association and $2,399 until Sept. 17 — which this year includes an Ikon Base Pass and, new this year, an Uphill Pass. Those not wanting to purchase a Premier Pass can buy a dedicated Uphill Pass for $69 — $10 of that price point will go directly to Mountain Rescue Aspen. Also new this season is the Alpine Pass, which offers two- and one-day weekly options, essentially replacing the Flex Pass. Super early-bird pricing — until Sept. 17 — for the Alpine One-Day Pass is $999 for chamber members ($1,179 nonChamber), with the Alpine two-day option running $1,399 for chamber members ($1,729 non-Chamber). Neither the Premier or Alpine Passes will be subject to blackout dates, and SkiCo made no mention of reservation systems applying, either. The Valley Pass allows residents to ski or snowboard seven days throughout the season, to spread out as passholders see fit. Airport Adds Orange County Flight
United Airlines will offer a new nonstop flight from Orange County, California, to Aspen during the upcoming winter season, the Aspen Daily News reported, bringing the total number of daily flights up to 37. From Dec. 16 through March 26, the Chicago-based airline will offer a daily flight between John Wayne Airport (SNA) in Santa Ana, California, and the Aspen-Pitkin County Airport (ASE). The two-hour, eight-minute flights will leave SNA at 4 p.m. Pacific time and arrive at ASE just after 7 p.m. Mountain time. The full winter schedule includes:
• American: Up to five flights daily from Dallas/Fort Worth (DFW), two flights daily each from both Chicago (ORD) and Los Angeles (LAX), one daily from Phoenix (PHX), plus the new daily service from Austin (AUS) between Dec. 16 and Jan. 3, for a total of up to 11 flights daily. • Delta: One flight daily from Atlanta (ATL) and Los Angeles (LAX). • United: Up to eight flights daily from Denver (DEN), up to five daily from Chicago (ORD), four daily from both Houston (IAH) and Los Angeles (LAX), two daily from San Francisco (SFO), plus the new daily from Orange County (SNA) for a total of up to 24 flights daily.
September 2021 Percent changes calculated using year-over-year comparisons.
New Listings were down 13.9 percent for single family homes and 30.2 percent for townhouse-condo properties. Pending Sales decreased 10.8 percent for single family homes and 3.4 percent for townhouse-condo properties. The Median Sales Price was down 27.0 percent to $825,000 for single family homes but increased 31.8 percent to $975,000 for townhouse-condo properties. Days on Market decreased 57.7 percent for single family homes and 51.4 percent for condo properties. There are signs the market may be shifting, however. New listings have continued to hit the market, bucking seasonality trends commonly seen in the fall, a time when listing and sales activity typically slows as children return to school. As inventory increases, competition for homes may soften, and could even bring a moderation in sales prices, which, after 114 months of year-overyear gains, would be music to the ears of homebuyers throughout the country.
Activity Snapshot - 25.5%
- 4.7%
- 54.9%
One-Year Change in Sold Listings All Properties
One-Year Change in Median Sales Price All Properties
One-Year Change in Active Listings All Properties
Residential real estate activity in the counties of Delta, Eagle, Garfield, Gunnison, Mesa, Moffat and Pitkin composed of single-family properties, townhomes and condominiums. Percent changes are calculated using rounded figures.
Single Family Market Overview
2
Single Family Market Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics
Historical Sparkbars
New Listings 10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
Pending Sales Sold Listings Median Sales Price Avg. Sales Price Pct. of List Price Received Days on Market Affordability Index Active Listings Months Supply
9-2020
9-2021
Percent Change
YTD 2020
YTD 2021
Percent Change
122
105
- 13.9%
1,115
1,077
- 3.4%
130
116
- 10.8%
970
930
- 4.1%
150
123
- 18.0%
824
865
+ 5.0%
$1,130,000 $825,000
- 27.0%
$676,000
$799,000
+ 18.2%
$3,769,222 $2,519,534
- 33.2%
$2,213,069 $2,623,171 + 18.5%
96.1%
98.1%
+ 2.1%
96.4%
98.1%
+ 1.8%
123
52
- 57.7%
109
68
- 37.6%
35
47
+ 34.3%
59
48
- 18.6%
432
252
- 41.7%
--
--
--
4.8
2.5
- 47.9%
--
--
--
Townhouse-Condo Market Overview Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 2
Historical Sparkbars
New Listings 10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
Pending Sales Sold Listings Median Sales Price Avg. Sales Price
9-2020
9-2021
Percent Change
YTD 2020
YTD 2021
Percent Change
96
67
- 30.2%
746
779
+ 4.4%
89
86
- 3.4%
622
834
+ 34.1%
125
84
- 32.8%
514
705
+ 37.2%
$740,000
$975,000
+ 31.8%
$553,750
$675,000
+ 21.9%
$1,749,235 $2,005,264 + 14.6%
Pct. of List Price Received Days on Market Affordability Index Active Listings Months Supply
$1,420,999 $1,309,388
- 7.9%
97.5%
99.0%
+ 1.5%
96.6%
98.7%
+ 2.2%
107
52
- 51.4%
123
69
- 43.9%
62
46
- 25.8%
82
66
- 19.5%
317
71
- 77.6%
--
--
--
5.6
0.9
- 83.9%
--
--
--
0
%
September
Year to Date
New Listings 122
1,123
September
Year to Date 96 1,123
1,115
122
1,077
105
67
96
56
76
779
746
710
67 56
Sep-19
Sep-21
Sep-20
Sep-19
+ 60.5% Sep-19- 13.9%
- 32.7%
Single Family
Sep-20
Sep-21
+ 60.5%
- 13.9%
- 6.7% Sep-19
- 8.2%
Single Family Historical New Listings by Month 250
Sep-19
Sep-20
- 5.6% Sep-21
+ 5.1%
Single Family
250
779
+39.4%
81
Dec-2020
82
+13.9%
52
-16.1%
Jan-2021
69
-19.8%
69
+15.0%
Feb-2021
117
+82.8%
127
+104.8%
Apr-2
Mar-2021
123
+39.8%
88
+49.2%
May-2
Apr-2021
108
+77.0%
77
+108.1%
May-2021
128
+6.7%
75
+1.4%
Jun-2021
164
-7.3%
111
+1.8%
Jul-2021
142
-31.4%
86
-32.8%
Aug-2021
121
-36.3%
79
-34.7%
Aug-2
Sep-2021
105
-13.9%
67
-30.2%
Sep-2
+3.8% Sep-19
83 Sep-20
+9.9% Sep-21
- 6.7%
- 0.7%
- 3.4%
- 5.6%
+ 5.1%
+ 4.4%
12-Month Avg
Single Family
+80.4%
Nov-2020
92
+39.4%
81
+58.8%
82
+13.9%
52
-16.1%
1-2012
69
122
Mar-2021
100
1-2013
1-2014
117to Date Year 1,123
123
76
+39.8%
1,077
+77.0%
May-2021
128
+6.7%
164
-7.3%
67
Jun-2021 1-2011
1-2013
1-2019
127 88
779
77
127
+104.8%
88
+49.2%
Apr-2021
111May-2021 1-2015
+77.0%
+1.8% 128 1-2016 +6.7%
77
+108.1%
-32.8% 142 -31.4%
111
+1.8%
86
-32.8%
79
- 8.2% + 71.4% Sep-2021
- 30.2%
Townhouse-Condo
Sep-21
Avg Historical New12-Month Listings by Month + 4.4%
Sep-21
Sep-19
Sep-20
Sep-21
- 6.7%
- 0.7%
- 3.4%
- 5.6%
+ 5.1%
+ 4.4%
105Single Family -13.9% Townhouse-Condo
67
115
83
+3.8%
+80.4% +58.8%
117 +82.8% +1.4% 123 +39.8%
Feb-2021 Mar-2021
-36.3% Sep-20
83 81
-16.1%
121 Sep-19
127 +69.3% +49.2% 92 +39.4%
+15.0%
Aug-2021 - 13.9%
1-2021
69
Jan-2021
Aug-2021
+ 60.5%
12-Mont
52
Dec-2020
86
Sep-21
Jul-2
82 +13.9% +108.1% 69 -19.8%
75
1-2014
Oct-2020 Nov-2020
-31.4%
Sep-20
1-2020
+104.8%
142
Sep-19
Jun-2
+15.0%
1-2018
Jul-2021 Sep-21
Mar-2
Percent Change Percent Change Single from Previous Townhousefrom Previous New Listings Family Year Condo Year Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 4
746
710
1-2012
69 1-2017
Jun-2021
Sep-20
Single Family
+82.8%
108
56
0 1-2010
1,115
1-2016
Apr-202196
105
50
TownhouseCondo
Percent Change from Previous Year
-19.8% 1-2015
Feb-2
Townhouse-Condo
83
Jan-2021
Jan-2
Townhouse-Condo
+69.3%
Feb-2021
- 32.7%
92
127
September
Sep-19
Nov-2020
746
Oct-2020
1-2011
+58.8%
+69.3% 710
Family
150
0 1-2010
+80.4%
779
127
Single Family
50
83
Dec-2
Oct-2020
115 Sep-21
Townhouse-Condo
Dec-2020 New Listings
Percent Change from Previous Year
New Listings
New Listings
200
TownhouseCondo
Sep-20
Sep-21
- 30.2%
Percent Change from Previous Year
Single Family
Percent Change from Previous Year
150
100
Oct-2
+ 4.4% Sep-19
Townhouse-Condo
+ 71.4%
Historical New Listings by Month Single
200
-Condo
Sep-21
- 3.4% - Sep-20 0.7%
Sep-20
Sep-19
+ 71.4% - 30.2% Sep-21
- 8.2% Sep-20
Townhouse-Condo
- 32.7%
1,077
Nov-2
105
76
New Lis
1,115
Jul-2021 Sep-2021
12-Month Avg
108 164
-7.3%
-34.7% 105 -13.9% 121
-36.3%
115
+3.8%
-30.2%
75 1-2017 +1.4%
79 as of-34.7% Current October 5, 2021. A 67 -30.2% 83
+9.9%
+9.9% Single Family
Townhouse-Condo
250
200
150
Single Family
Townhouse-Condo
100
50
0 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
1-2019
1-2020
1-201
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 4
Pending Sales
3%
Pending S
130
September
Year to Date
116
130 116
89
86
930
89
745
Single Family
Percent Change from Previous Year
TownhouseCondo
Percent Change from Previous Year
131
+54.1%
95
+72.7%
Nov-2020
75
+23.0%
65
Dec-2020
74
+42.3%
44
834+97.0%
Jan-2021
86
+21.1%
66
+50.0%
970 Pending Sales 930 Oct-2020
970
78
78
745 834
86
622
554 47
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
- 3.7%
+ 66.7%
- 10.8%
- 38.2%
+ 89.4%
- 3.4%
- 6.6%
+ 30.2%
- 4.1%
+ 9.5%
+ 12.3%
+ 34.1%
Single Family
Townhouse-Condo
97
+61.7%
98
+151.3%
+142.3%
93
+304.3%
Apr-2021
97
104
+285.2%
86
-17.3%
86
+79.2%
Apr-20
Jun-2021
100
-39.0%
90
+20.0%
Jul-2021
112
-38.1%
120
-12.4%
May-20
Aug-2021
110
-31.3%
91
-35.0%
Sep-2021
116
-10.8%
86
-3.4%
101
+3.6%
87
+37.7%
12-Month Avg
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
- 10.8%
- 38.2%
+ 89.4%
- 3.4%
- 6.6%
+ 30.2%
- 4.1%
Single Family
Percent ChangeSingle Family Townhouse-Condo Single from Previous TownhouseFamily Year Condo
Single Family
September 100
95
+72.7%
Nov-2020
75
+23.0%
65
+97.0%
Dec-2020
74
+42.3%
44
0.0%
86
1-2014
126
Apr-2021
89
Sep-19
- 3.7%
200
+ 34.1%
e-Condo
97
+61.7%
66
1-2017
1-2018
1-2019
98
+142.3%
+102.1%
834
622
+72.7%
+304.3% 74 +42.3%
44
0.0%
104 Feb-2021 +285.2% 97 +61.7%
66
+50.0%
98
+151.3%
93
+304.3%
104
+285.2% +79.2%
Dec-2020
47
Jun-2021
100
-39.0%
90
May-2021
Jul-2021 1-2011
112
1-2014 -38.1%
Sep-19
Sep-20
Sep-21
+ 66.7%
- 10.8%
- 38.2%
+ 89.4%
- 3.4%
Townhouse-Condo Sep-2021
12-Month Avg
110
-31.3%
131
Jan-2021
86
Aug-2021
+151.3%
+97.0%
-17.3%
Sep-21
1-2021
95
Nov-2020
86 1-2013
1-2020
65
Oct-2020
May-2021
1-2012
+50.0%
+54.1%
93
930
554
12-Month
Percent Change Percent Change Single from Previous Townhousefrom Previous Pending Sales Family Year Condo Year Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 5
Mar-2021
Historical Pending Sales by Month
Sep-21
970
745
86
Sep-20
Single Family
1-2016
97
Mar-2021
0 1-2010
+21.1%
1-2015
Year to Date
116
7850
Sep-21
+ 34.1%
+54.1%
Feb-2021
130
Sep-20
+ 12.3%
131
1-2012 1-2013 Jan-2021
1-2011
Sep-19
+ 9.5%
Oct-2020
Pending Sales 0 1-2010
Townhouse-Condo
Percent Change Townhouse-Condo from Previous Year
Sales Historical Pending Pending Sales by Month
834 150
Jul-20
Aug-20
+ 66.7%
50
Jun-20
Townhouse-Condo
Sep-19
200
Mar-20
May-2021
- 3.7%
150
100
Feb-20
Sep-20
Historical Pending Sales by Month 200
Single Family
Jan-20
126
554 +102.1%
Nov-20
0.0%
Feb-2021
622
Oct-20
Dec-20
Mar-2021
47
2
20
Year to Date
September
Apr-2021
Sep-21
Sep-19
Sep-20
Sep-21
- 6.6%
+ 30.2%
- 4.1%
+ 9.5%
+ 12.3%
+ 34.1%
+21.1%
+79.2% 97 +102.1% 126
+142.3%
Jun-2021
+20.0% 100 -39.0%
90
+20.0%
1-2015 120 Aug-2021
1-2016 -12.4% 110 -31.3%
120
-12.4%
91
-35.0%
9112-Month Avg Sep-2021
Sep-20
86
+23.0%
86
Jul-2021
Sep-19
75
86
112
-17.3%
-38.1%
116 -10.8% -35.0% 101 +3.6%
Townhouse-Condo 116Single Family -10.8%
86
-3.4%
101
87
Single Family +37.7%
+3.6%
1-2017
1-2018
86
-3.4%
87
+37.7%
Current as of October 5, 2021. All
Townhouse-Condo
150
100
Single Family
Townhouse-Condo
50
0 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 5
0
%
Year to Date
SoldSeptember Listings
Sold Listings
150
September
Year to Date 125
123
150 824
125
123
679
80
Percent Change from Previous Year
TownhouseCondo
Percent Change from Previous Year
Oct-2020
144
+46.9%
119
+105.2%
Nov-2020
110
+54.9%
83
+43.1%
Dec-2020
115
+33.7%
71
+47.9% -2.0%
705
84
68
84
80
Sold Listings
Single Family
679
865
516
514
68
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
- 19.2%
+ 87.5%
- 18.0%
+ 23.6%
+ 83.8%
- 32.8%
- 8.6%
+ 21.4%
+ 5.0%
+ 12.7%
- 0.4%
+ 37.2%
Single Family
Townhouse-Condo
Sep-19
Sep-21
Sep-20
- 18.0% + 87.5% Historical- 19.2% Sold Listings by Month
Sep-19
+ 23.6%
Single Family
175 150
Townhouse-Condo
175 100
150
75 50
May-2021
96
+100.0%
72
+200.0%
May-2021
Jun-2021
95
-3.1%
81
+58.8%
Jun-2021
Jul-2021
105
-23.9%
89
+23.6%
Aug-2021
97
-40.1%
98
+8.9%
Jul-2021
123
-18.0%
84
-32.8%
Aug-2021
103
+14.4%
82
+44.2%
12-Month Avg
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
+ 21.4%
+ 5.0%
+ 12.7%
- 0.4%
+ 37.2%
Single Family
Single Family
+33.7%
71
+47.9%
Year 77 to Date
96
125
1-2011 Jun-2021
Sep-20
Sep-21
+ 87.5%
- 18.0%
Sep-19
Sep-20
824
679 108
1-2012
95
1-2018
88 705
516 514 +100.0%
-40.1% Sep-21
Sep-19
Sep-20
Nov-2020
97
Dec-2020
72
Feb-2021
Jan-2021 Mar-2021
1-2015 81 May-2021
-23.9% Sep-20
1-2020
Sep-21
89
Jun-2021
98
Aug-2021
Jul-2021
144
103
+ 37.2% 175
+14.4%
115
+33.7%
+304.2% 68 +44.7% 77
+63.8%
108
+66.2%
95
-3.1%
+200.0% 96 +39.1% 1-2016 +58.8% 96 +100.0%
+23.6% 105 -23.9%
119
+105.2%
83
+43.1%
71
+47.9%
50
-2.0%
46
+17.9%
88
+131.6%
97
+304.2%
81
+58.8%
89
+23.6%
1-2017 72
1-2018 +200.0%
97
-40.1% Current 98 +8.9% as of October 5, 2021. All dat
103
+14.4%
+8.9% 123 -18.0%
Sep-2021
12-Month Avg
82
+46.9%
+131.6% 110 +54.9%
+ 5.0% + 21.4% + 23.6% + 83.8% - 32.8% - 8.6% + 12.7% - 0.4% + 37.2% Sep-2021 123 -18.0% 84 Townhouse-Condo Single Family Townhouse-Condo
Sep-21 Avg Historical Sold12-Month Listings by Month
1-2021
+17.9%
Oct-2020
Apr-2021
-3.1%1-2014
1-2013
-2.0%
1-2019
46
+39.1%
97 Sep-19
50
865
105 Sep-21
Percent Change from Previous Year
Percent Change Percent Change Single from Previous Townhousefrom Previous Current as of October 5, 2021. All dataListings from the Aspen/Glenwood Inc. Report © 2021Condo ShowingTime. | 6 Year Sold Family Springs MLS Year
+66.2%
96
84
+63.8%
TownhouseCondo
1-2017
12-Month Av
Townhouse-Condo
115
1-2016
Sep-2021
Townhouse-Condo
+43.1%
+44.7%
Apr-2021
Sep-2021
83
68
Single Family
+304.2%
+54.9%
Aug-2021 - 19.2%
97
110
Jul-2021 Sep-19
+66.2%
Nov-2020
May-2021 0 1-2010
108
+105.2%
Apr-2021
80
Apr-2021
119
123
25
+131.6%
+46.9%
Mar-2021
50
+17.9%
88
144
Feb-2021
150
46
+39.1%
- 8.6%
1-2015
Mar-2021
+63.8%
Sep-21
68
Feb-2021
96
- 32.8%
1-2014
Jan-2021
77
Oct-2020
1-2012 1-2013 Jan-2021
Dec-2020
Feb-2021
Family
Sold Listings Dec-2020
Nov-2020
Mar-2021
Sold Listings
25
September 75
50
Percent Change from Previous Year
705
1-2011
68516 +44.7% 514
Sep-20
Townhouse-Condo
125
0 100 1-2010
Jan-2021
705
+ 83.8%
Historical Sold Listings bySingle Month
125
-Condo
Single Family
Oct-2020
865
824
-32.8%
+44.2% Single Family
84
-32.8%
82
+44.2%
Townhouse-Condo
150 125 100
Single Family
75
Townhouse-Condo
50 25 0 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 6
$1,130,000
%
Year to Date
$1,130,000
$825,000
$975,000
$572,000
$676,000
$675,000
$572,000
$740,000
$553,750
$537,000
$461,500
$537,000
$425,000
$425,000
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
Sep-19
+ 110.4%
- 27.0%
- 20.6%
+ 74.1%
+ 31.8%
+ 10.0%
Single Family
Sep-19
Sep-20
Townhouse-Condo
Sep-21
Single Family
Sep-21
Sep-19
Sep-20
Sep-21
+ 18.2%
+ 18.2%
+ 4.9%
+ 20.0%
+ 21.9%
Single Family
Sep-19
+ 2.8% - 27.0% Historical Median Sales Price by Month + 110.4% - 20.6% $1,200,000
Sep-20
Sep-20
Sep-21
+ 74.1%
+ 31.8%
Townhouse-Condo
Sep-19
+ 10.0%
Townhouse-Condo
$1,000,000 $400,000
+46.6%
$925,000
+44.5%
Feb-2021
$461,500 +23.8% $780,000
$579,750
-39.8%
Feb-2021
$671,000
+21.9%
$766,500
+57.6%
Mar-2021
Mar-2021
$757,500
+9.8%
$699,928
+42.8%
Apr-2021
$777,500
+45.3%
$635,000
+52.3%
May-2021
$727,500
+39.6%
$659,000
+61.3%
Jun-2021
$874,000
+41.3%
$525,000
+7.4%
Jul-2021
$837,000
+40.7%
$551,000
+24.5%
Aug-2021
$875,000
+2.9%
$768,066
+10.9%
Jul-2021
Sep-2021
$825,000
-27.0%
$975,000
+31.8%
Aug-2021
816,804
+24.4%
716,270
+25.4%
+ 18.2%
+ 4.9%
Single Family
Townhouse-Condo
+46.6%
$925,000
+44.5%
1-2013
$780,000 1-2014
1-2015
$671,000 Year to Date $757,500
1-2017
-39.8%
1-2019
1-2020
$766,500
+57.6%
$699,928 Nov-2020
$894,500
Dec-2020 $635,000 Jan-2021
$936,750
Price
+9.8%
Oct-2020
+45.3%
$676,000
1-2018
$675,000
$553,750
Family
Year
Year
+42.8% +49.7%
+62.8%
$845,900
$685,000
+18.7%
+46.6% +52.3% $780,000 +23.8%
$925,000
+44.5%
$579,750
-39.8%
+61.3% +9.8%
$766,500
+57.6%
$699,928
+42.8%
$635,000
+52.3%
1-2016 $727,500 +39.6%
1-2017 $659,000
+61.3% 1-2018
+24.5% +40.7%
$525,000
+7.4%
$551,000
+24.5%
+39.6%
$659,000 Mar-2021
Jun-2021 $425,000 1-2011
$874,000 1-2012
+41.3% 1-2014$525,000 1-2015 May-2021
$777,500
Jul-2021
$837,000
+40.7%
$551,000 Jul-2021
$874,000
Aug-2021
$875,000
+2.9%
$768,066 Sep-2021
$875,000
$975,000
+31.8%
Sep-21
- 27.0%
Sep-19
Sep-20
- 20.6% + 74.1% Sep-2021
$461,500
Feb-2021 Apr-2021
1-2013
Jun-2021
Aug-2021
Sep-21
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
+ 31.8%
+ 10.0%
+ 18.2%
+ 18.2%
+ 4.9%
+ 20.0%
+ 21.9%
Townhouse-Condo
$825,000
-27.0%
Single Family
12-Month Avg Historical Median Sales Price by Month816,804
+ 21.9% $1,200,000
* Median Sales P the average of th
Condo
$727,500
Sep-20
Sep-202
$826,000
May-2021
+ 110.4%
May-202
1-2021
+61.2%
$671,000
Sep-19
Apr-2021
Percent Change Percent Change Current as of October 5, 2021. All data from the Aspen/Glenwood MLS Inc. Report © 2021 ShowingTime. from | 7 Previous Median Sales Single Springs from Previous Townhouse-
$799,000
$572,000
$740,000
$579,750
1-2016
+21.9%
$777,500
Apr-2021 $825,000
+23.8%
Jan-2021
12-Month A
+ 20.0% + 21.9% Townhouse-Condo
+18.7%
Dec-2020
Jun-2021
* Median Sales Price for all properties from October 2020 through September 2021. This is not Sep-21 Sep-20the average Sep-19 Sep-20 Sep-21 of the individual figures above.
$685,000
+ 2.8%
$1,000,000
$936,750
Jan-2021
+49.7%
Sep-21
e-Condo
Dec-2020
$845,900
Mar-2021
Single Family
+18.7%
Nov-2020
Feb-2021
$0 1-2010
+49.7% $553,750$685,000
+62.8%
$975,000
$537,000
$845,900
$826,000
1-2012 Jan-2021
$200,000
Nov-2020
+61.2%
1-2011
$1,130,000
+62.8%
$894,500
$800,000
$400,000
$826,000
Oct-2020
Dec-2020 Median Sales Price$936,750
September
+61.2%
Family
$675,000
$600,000
$894,500
TownhouseCondo
$200,000
$0 1-2010
Percent Change
from Previous $675,000
Percent Change from Previous Year
Price
$600,000
Year
Oct-2020
Single Family
Historical Median Sales Price by Month Median Sales Single $1,200,000
TownhouseCondo
Percent Change from Previous Year
$1,000,000
$800,000
Percent Change from Previous Year
12-Month Avg
+ 18.2%
Nov-2020
Single Family
Price
$740,000
$825,000
+ 2.8%
Oct-2020
$676,000Median Sales
$799,000 $975,000
Sep-19
Median Sale Price
$799,000
September
750
0
Year to Date
September Median Sales Price
Townhouse-Condo
+24.4%
12-Month Avg
+21.9%
$757,500
+7.4%
+45.3% +41.3%
$837,000
+2.9% $768,066 +10.9% Current as of October 5, 2021. All da +10.9% -27.0% $975,000 +31.8%
$825,000 816,804
+24.4%
716,270
+25.4%
* Median Sales Price for all properties from October 2020 through September 2021. This is not the average of the individual figures above.
716,270
+25.4% Single Family
Townhouse-Condo
* Median Sales Price for all properties from October 2020 through September 2021. This is not the average of the individual figures above.
$800,000
Single Family
$600,000
Townhouse-Condo
$400,000
$200,000
$0 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 7
999
Average Sales Price September
Year to Date
Avg. Sales Pri
$3,769,222
September
Year to Date $2,623,171
$2,005,264
$1,484,158
$1,420,999
$1,251,933
+99.8%
$1,570,605
+113.3%
Dec-2020
$2,901,709
+101.4%
$1,537,472
+64.6%
Dec-2020
$3,264,382
+97.5%
$1,759,540
+0.1%
Jan-2021
$1,309,388
$892,792
$1,251,933
$981,859
$981,859
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
- 12.8%
+ 201.1%
- 33.2%
- 10.3%
+ 78.2%
+ 14.6%
+ 19.5%
+ 49.1%
+ 18.5%
- 7.2%
+ 59.2%
- 7.9%
Single Family
Townhouse-Condo
Single Family
Historical Average Sales Price by Month $5,000,000
Mar-2021
$1,853,048
+25.9%
Mar-2021
Apr-2021
$2,715,112
+93.6%
$1,439,043 $1,309,388 -16.4%
May-2021
$2,942,783
+283.5%
Jun-2021
$892,792 +212.1% $4,211,199
Jul-2021
$2,309,119
+26.8%
$908,614
-20.2%
Jun-2021
Aug-2021
$2,317,316
-27.0%
$1,635,387
+15.9%
Sep-2021
$2,519,534
-33.2%
$2,005,264
+14.6%
Jul-2021
2,757,884
+55.4%
1,384,821
+9.1%
12-Month Avg
Townhouse-Condo
Sep-20
Sep-21
- 12.8%
+ 201.1%
- 33.2%
- 10.3%
+ 78.2%
+ 14.6%
+ 19.5%
+ 49.1%
+ 18.5%
Townhouse-Condo
$4,000,000
Single Family
$2,000,000 $3,769,222
$1,309,388 $1,000,000
TownhouseCondo
+101.4%
$1,537,472
+64.6%
+97.5%
$1,759,540
+0.1%
+64.3%
1-2017
Feb-2021
$1,819,490 Year to Date
Mar-2021
$1,853,048
Apr-2021 $1,749,235
Jun-2021 1-2011
+81.3%
1-2018
$1,436,751
-41.9%
1-2019
1-2020
12-Month Avg
* Avg. Sales Price average of the ind
1-2021
+12.8%
Percent Change Percent Change Single from Previous from Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report ©Townhouse2021 ShowingTime. | 8Previous Avg. Sales Price Family Year Condo Year
+25.9%
Oct-2020 $1,439,043 Nov-2020
$3,327,587
+99.8% -16.4% +101.4%
$1,570,605
+113.3%
$2,901,709
$1,537,472
+64.6%
$2,715,112
+93.6%
$1,067,009 Jan-2021
$3,264,382
+9.6% +64.3%
$1,759,540
+0.1%
$1,138,781
-41.9%
$2,942,783
+283.5%
Feb-2021 $1,254,835 Mar-2021
$1,819,490
+81.3% +110.0% +25.9%
$1,436,751
+12.8%
$1,853,048
$1,439,043
-16.4%
+212.1% 1-2014$864,550 May-2021 1-2015
$2,715,112
$2,623,171
$2,213,069
$2,005,264
$1,484,158
Dec-2020
$1,420,999
$4,211,199 1-2012
$1,309,388
Apr-2021
1-2013$892,792
+97.5%
$2,913,328
-12.0%
+93.6%
$1,067,009
$2,942,783 +283.5% 1-2016
$1,254,835 1-2017
Jun-2021 $908,614 Jul-2021
$4,211,199
$864,550
-12.0%
$2,309,119
$908,614
-20.2%
Aug-2021
$2,317,316
-27.0%
$1,635,387 Sep-2021
$2,317,316 $2,519,534
-27.0% $1,635,387 +15.9% Current as of October 5, 2021. All data -33.2% $2,005,264 +14.6%
-33.2%
$2,005,264
2,757,884
+55.4%
+55.4%
1,384,821
+ 201.1%
- 33.2%
Sep-19
Sep-20
- 10.3% + 78.2% Sep-2021
Sep-21
Sep-19
+ 14.6%
+ 19.5%
Sep-20
Sep-21
Sep-19
Sep-20
+ 49.1%
+ 18.5%
- 7.2%
+ 59.2%
$2,519,534
Townhouse-Condo
Aug-2021
Single Family
12-Month Avg 2,757,884 Historical Average Sales Price by Month
Sep-21
- 7.9%
Townhouse-Condo
12-Month Avg
+212.1% -20.2% +26.8%
+9.6% +110.0% 1-2018
+26.8%
Sep-21
$4,000,000
$1,138,781
1-2016
Sep-21
Sep-2021
$2,309,119
Sep-20
-Condo
1-2015
Aug-2021
Jul-2021
$981,859
Single Family
-12.0%
Townhouse-Condo
$2,901,709
1-2014
$864,550
May-2021
Percent Change from Previous Year
Nov-2020
$2,913,328
Apr-2021
+110.0%
Townhouse-Condo + 59.2% - 7.9%
+113.3%
May-2021
$1,251,933
- 7.2%
$1,570,605
$2,519,534
$0 1-2010
Single Family
+99.8%
1-2013
+9.6%
$1,254,835
Sep-20
$3,327,587
1-2012 Jan-2021
September
Sep-19
Oct-2020
1-2011
$1,067,009
Percent Change from Previous Year
Dec-2020Price Average Sales $3,264,382 $0 $3,000,000 1-2010
$1,420,999
* Avg. Sales Price for all properties from October 2020 through September 2021. This is not the average of the individual figures above.
Sep-19
$1,000,000
- 7.9% $5,000,000
Feb-2021
+12.8%
Sep-21
$2,000,000
%
-41.9%
$1,436,751
Sep-20
$5,000,000
Sep-21
$1,138,781
+81.3%
Sep-19
$3,000,000
0
+64.3%
$1,819,490
Sep-21
Single HistoricalAvg. Average Sales Price by Month Sales Price Family
- 12.8%
$2,913,328
Sep-20
$4,000,000
Sep-19
Jan-2021 Feb-2021
Sep-19
Single Family
Nov-2020
$3,327,587
$1,484,158
$1,749,235
TownhouseCondo
Percent Change from Previous Year
Nov-2020
$2,519,534
$2,005,264
Percent Change from Previous Year
$2,213,069Oct-2020
$2,213,069
$1,749,235
Single Family
Avg. Sales Price
$3,769,222
$2,519,534
Oct-2020
$2,623,171
+15.9%
1,384,821
+14.6%
+9.1%
* Avg. Sales Price for all properties from October 2020 through September 2021. This is not the average of the individual figures above.
+9.1%
Single Family
Townhouse-Condo
* Avg. Sales Price for all properties from October 2020 through September 2021. This is not the average of the individual figures above.
$3,000,000
Single Family
Townhouse-Condo
$2,000,000
$1,000,000
$0 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 8
Percent of List Price Received Percent of List Price Received September
Year to Date
September
Year to Date 96.1%
95.3%
98.1%
96.1%
95.3%
Sep-19
Sep-20
- 1.7%
+ 0.8%
98.1%
96.8%
Sep-21 + 2.1%
Single Family
97.5%
96.8% 99.0%
97.5%
99.0%
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
+ 0.7%
+ 1.5%
- 0.7%
+ 0.1%
+ 1.8%
+ 0.5%
- 0.7%
+ 2.2%
Historical Percent of List Price Received by Month Sep-19 Sep-19 Sep-20 Sep-20 Sep-21 105%
- 1.7%
+ 2.1%
+ 0.8%
+ 0.4%
Historical
TownhouseCondo
Nov-2020
97.0%
+1.0%
Dec-2020
96.2%
Jan-2021
Pct. of List Price Received of List Percent
No
97.4%
+0.6%
De
+0.8%
96.6%
0.0%
97.0%
+1.7%
97.5%
+1.6%
97.3%
+0.7%
97.6%
+0.8%
Fe
96.8%
+0.6%
97.7%
+3.3%
Apr-2021
98.3%
+1.3%
98.5%
+2.1%
Ma
May-2021
98.7%
+2.1%
98.5%
+2.3%
Ap
Jun-2021
98.2%
+2.5%
99.2%
+4.0%
Jul-2021
98.9%
+1.5%
100.0%
+3.0%
Ma
Aug-2021
98.6%
+2.6%
98.9%
+1.9%
Sep-2021
98.1%
+2.1%
99.0%
+1.5%
97.7%
+1.5%
98.2%
+1.9%
Sep-21
Sep-19
Sep-20
Sep-21 Sep-19 Single Family
Sep-20 Sep-21 Townhouse-Condo
+ 1.5%
- 0.7%
+ 0.1%
+ 1.8%
- 0.7%
Single from Previous TownhouseFamily Year Price Received by Month Condo
+ 0.5%
+0.7%
97.9%
+1.3%
% 98.7%
Nov-2020
97.0%
+1.0%
97.4%
+0.6%
96.6%
0.0%
Percent ofDec-2020 List Price 96.2% Received+0.8% 90%
100%
Jan-2021 1-2012
September 96.1%
85% 1-2010
Sep-20
- 1.7%
+ 0.8%
%
+ 2.2% 105%
e-Condo 100%
97.5%
1-2017
1-2018
1-2019
1-2020
Apr-2021
98.3%
+1.3%
98.5% Jan-2021
May-2021
98.7%
+2.1%
Feb-2021 98.5% Mar-2021
Jun-2021
98.2%
+2.5%
Apr-2021
99.2% May-2021
98.3%
1-2015
98.7% 1-2016 +2.1% 98.2% +2.5%
99.0%
97.6%
+1.6%
+0.6%
97.5%
1-2012
1-2013
Oct-2020 97.7%
Nov-2020 Dec-2020
1-2014
97.9%
+1.3%
+2.1%
97.4%
+0.6%
96.2%
+0.8%
96.6%
0.0%
97.0%
+1.7%
97.5%
+1.6%
97.3%
+0.7% +2.3% +0.6%
97.6%
+0.8%
96.8%
97.7%
+3.3%
+4.0%
98.5%
+2.1%
Jun-2021 100.0% Jul-2021
Aug-2021
98.6%
+2.6%
98.9% Sep-2021
98.6%
99.0%
97.7%
Sep-2021 + 0.4% + 0.7%
Sep-21
+ 1.5%
Townhouse-Condo
98.1%
+2.1%
Aug-2021
12-Month Avg
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
- 0.7%
+ 0.1%
+ 1.8%
+ 0.5%
- 0.7%
+ 2.2%
Single Family
Townhouse-Condo
+1.5%
1-2021
+1.0%
97.0%
+1.5%
Sep-20
* Pct. of not the
+0.7% +3.3%
97.0%
98.9%
Sep-19
12-Mo
+ 2.2%
+0.8%
Jul-2021 Sep-21 + 2.1%
+1.3%
+3.0% 98.9% +1.5%
98.5% +2.3% 1-2017 99.2%
+4.0%
100.0%
+3.0%
+1.9% +2.1%
98.9%
+1.9%
99.0%
+1.5%
+1.5%
98.2%
+1.9%
+2.6%
98.1%
+1.5%
* Pct. of List Price Received for all properties from October 2020 through September 2021. This is not the average of the individual figures above.
98.2%
+1.9%
Single Family
Single Family
Townhouse-Condo
Townhouse-Condo
90%
85% 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
1-2019
1-2020
1-
Current as of October 5, 202
* Pct. of List Price Received for all properties from October 2020 through September 2021. This is not the average of the individual figures above.
95%
Se
Percent Change Percent Change Pct. of List Price Single from Previous Townhousefrom Previous Current as of October 5, 2021. Received All data from the Aspen/Glenwood Inc. Report © 2021 ShowingTime. | 9Year Family Springs MLS Year Condo
96.3% 96.4% 98.1% 97.3% 96.6% 98.7%
12-Month Avg 97.7% Historical Percent of List Price Received by Month
Sep-21
1-2016
96.8%
96.8%
1-2011
Single Family
20
+1.7% +0.7%
98.1%
90%
1-2015
97.3% Year to Date
Mar-2021
Sep-19
1-2014
Feb-2021
95%
95.3%
97.0%
1-2013
Ju
Au
Percent Change Townhouse-Condo from Previous Year
97.0%
1-2011
Ju
* Pct. of List Price Received for all properties from October 2020 through September 2021. This is not the average of the individual figures above.
Oct-2020
85% 1-2010
Jan
Feb-2021
105% 95%
Oc
Mar-2021
12-Month Avg
Townhouse-Condo
Percent Change from Previous Year
98.7% +1.3%
Percent Change Single Family Townhouse-Condo
Single Family 100%
+ 0.7%
Percent Change from Previous Year
98.1% 96.4% Oct-2020 97.0%97.3% +0.7% 96.6% 97.9%
96.3%
+ 0.4%
Single Family
Single Family
Pct. of List Price Received
96.3% 96.4% 98.1% 97.3% 96.6% 98.7%
Townhouse-Condo
Pct. Rece
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 9
23
p-20
.8%
Days on Market Until Sale Days on Market Until Sale September September
Year to Date Year to Date
123
123
109
107
107
Days on Market Until Sale
113
109
82
82
52
52
52
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
- 16.0%
+ 50.4%
- 57.7%
- 18.3%
0.0%
- 51.4%
+ 14.8%
- 0.5%
Single Family Sep-19
Sep-20
Townhouse-Condo Sep-21 Sep-19
- 16.0% - 57.7% + 50.4% Historical Days on Market Until Sale
- 18.3% by Month
Single Family
400
Sep-21 - 37.6%
Single Family Sep-20
Sep-19
Sep-20
Sep-21
- 0.9%
+ 8.8%
- 43.9%
Townhouse-Condo Sep-19
Sep-21
0.0%
- 51.4%
+ 14.8%
Townhouse-Condo
400
200
300
+13.3%
93
-56.5%
Dec-2020
80
-31.6%
95
-20.8%
Jan-2021
88
-2.2%
90
-44.8%
85
-2.3%
116
97
-31.2%
84
69 -53.6%
Mar-2
Apr-2021
81
-21.4%
110
+17.0%
48
-54.3%
70
-28.6%
Apr-2
May-2021 Jun-2021
92
-10.7%
49
-59.8%
Jul-2021
38
-58.7%
33
-69.7%
Jun-2
Aug-2021
49
-57.4%
43
-65.6%
52
-57.7%
52
-51.4%
Jul-20
Sep-2021
76
-30.2%
79
-39.1%
200
0 1-2010
September 100
123
Sep-19
Sep-20
Sep-21
+ 8.8%
- 43.9%
Single Family
+13.3%
Nov-2020
92
-22.0%
93
-56.5%
-31.6%
95
-20.8%
Feb-2021
Year to Date 85
Mar-2021
97 109
107
1-2011
May-2021 Jun-2021
52
Sep-20
Sep-21
+ 50.4%
- 57.7%
Sep-19
Sep-20
- 18.3% 0.0% Sep-2021
Sep-21
Townhouse-Condo
Sep-19
Sep-20
- 0.5%
84
Single Family
Sep-21 12-Month AvgSale by Month 76 Historical Days on Market Until - 43.9% 400
1-2020
1-2021
-4.9%
104 -1.9% -53.6% 92 -22.0%
111
+13.3%
93
-56.5%
110 Jan-2021
+17.0% 88 -2.2%
95
-20.8%
1-2015 Feb-2021
851-2016 -2.3%
123
Oct-2020 Nov-2020 Dec-2020
1-2014
69
70
80
Apr-2021
49 May-2021
-58.7%
33
Jun-2021
43
Aug-2021
Sep-19
Sep-20
Sep-21
- 0.9%
+ 8.8%
- 43.9%
-31.6%
-28.6% 97 -31.2%
Mar-2021
-10.7%
Sep-21 - 37.6%
-44.8%
1-2019
116
-57.4%
+ 14.8%
52
12-Month
Percent Change Percent Change Days on Market Single from Previous Townhousefrom Previous Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 10 Until Sale Family Year Condo Year
-54.3% 68
49 - 51.4%
1-2018
-21.4%
1-2013
48
90
1-2017
-31.2% 113
38
Aug-2021 Sep-19
-2.3%
92
52
Jul-2021
- 16.0%
1-2016
109
81 1-2012
-2.2%
Aug-2
Townhouse-Condo
111
1-2015
May-2
Townhouse-Condo
-1.9%
88
Jan-2
Feb-2
-4.9%
- 0.9%
104
Apr-2021
Single Family
Sep-21 - 37.6%
Sep-20
- 0.5%
Oct-2020
1-2014
Dec-2
Sep-2
Percent Change from Previous Year
107
0 82 1-2010
12-Month Avg
TownhouseCondo
1-2012 1-2013 Jan-2021
1-2011
68
from Previous Year
Days on Market Sale Dec-2020 Until 80
100
69
111
-22.0%
Single Family
Days on Market Until Sale
Nov-2
113 -1.9%
92
Single Family
Change Historical Days on Market Until SalePercent by Month 300
Oct-2
104
Mar-2021
52
Percent Change from Previous Year
Townhouse123 Condo
Nov-2020
Feb-2021
69
68
Percent Change from Previous Year
Single Family
Oct-2020 109
123109
107
107
Days on Until Sal
81
-21.4%
92
-10.7%
-59.8% 48 -54.3% -69.7% 38 -58.7%
Jul-2021
49
-57.4%
-65.6% 52 -57.7%
Sep-2021
76
12-Month Avg
-30.2%
-57.7% 52 Townhouse-Condo
-51.4%
-30.2%
-39.1% Single Family
79
90 1-2017 116
-44.8% -4.9%
84
-53.6%
110
+17.0%
Current 5, 2021. All 70as of October -28.6%
49
-59.8%
33
-69.7%
43
-65.6%
52
-51.4%
79
-39.1%
Townhouse-Condo
se-Condo 300
Single Family
200
Townhouse-Condo
100
0 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
1-2019
1-2020
1-2018
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 10
Housing Affordability Index Housing Affordability Index September
September
Housing Affordability Index
Year to Date 96
89 82
96 65 69
69
65
59
62
66
59
48
62
47
47
46
35 Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
+ 10.5%
- 49.0%
+ 34.3%
+ 41.2%
- 35.4%
- 25.8%
+ 3.2%
- 9.3%
- 18.6%
+ 9.9%
- 7.9%
- 19.5%
Single Family
Townhouse-Condo
Single Family
Single Family
-33.8%
57
-31.3%
Nov-2020
-26.2%
68
-5.6%
Dec-2020
Dec-2020
43
-24.6%
51
-21.5%
Jan-2021
51
-15.0%
78
Feb-2021
57
-17.4%
Mar-2021
50
-5.7%
Apr-2021
50
May-2021 Jun-2021
+73.3%
Jan-2021
57
-34.5%
Feb-2021
62
-25.3%
-30.6%
70
-31.4%
Mar-2021
53
-27.4%
68
-34.0%
Apr-2021
44
-30.2%
83
-6.7%
-30.3%
80
-19.2%
May-2021
Jun-2021
66
Jul-2021
46 45
-4.3%
59
-10.6%
Sep-2021
47
+34.3%
46
-25.8%
48
-20.4%
65
-18.5%
12-Month Avg
Jul-2021
Aug-2021
Townhouse-Condo
Sep-2021 Single Family
Sep-19
Sep-20
Sep-21
Sep-19
Sep-20
Sep-21
+ 10.5%
- 49.0%
+ 34.3%
+ 41.2%
- 35.4%
- 25.8%
+ 3.2%
- 9.3%
- 18.6%
Townhouse-Condo
Housing Affordability Index
250
Single Family
Oct-2020 45 Housing Affordability Index 50
Single Family
Townhouse-Condo
Sep-19
Sep-20
Sep-21
+ 9.9%
- 7.9%
- 19.5%
12-Month Av
Townhouse-Condo
Percent Change from Previous Year
TownhouseCondo
Percent Change from Previous Year
-33.8%
57
-31.3%
200
0 82 1-2010
48
Nov-2020 1-2011
150
September
1-2012
Dec-2020 1-2013
1-2014
65
50
46
Jul-2021
1-2012
Aug-2021 Sep-19
Sep-20
Sep-21
Sep-19
+ 10.5%
- 49.0%
+ 34.3%
+ 41.2%
Single Family
Sep-20
Sep-21
- 35.4% - 25.8% Sep-2021
Townhouse-Condo
46
51 78 57
82
62
66
70
-27.4%
1-2013
1-2020
1-2021
68
+73.3%
Oct-2020
45
-34.5% 48
Nov-2020
-33.8%
57
-26.2%
68
-31.3% -5.6%
Dec-2020
43
-25.3%
-24.6%
51
-21.5%
Jan-2021
51
-15.0%
78
+73.3%
57 -31.4%
-17.4%
57
-34.5%
50
-34.0% 50
-5.7%
62
-25.3%
-30.6%
70
-31.4%
53
-27.4%
68
-34.0%
Feb-2021
Mar-2021 Apr-2021
-30.2%
83
Jun-2021
-30.2%
83
-30.3%1-2014
80
1-2015 Jul-2021
-30.3%
1-2017 80
-4.3%
59
-4.3%
59
-10.6%
Sep-2021
+34.3%
46
-25.8%
Sep-19
Sep-20
Sep-21
- 9.3%
- 18.6%
Sep-19
+ 9.9% +34.3%
Sep-20 Sep-21 12-Month Avg 48 Historical Housing - 7.9% - 19.5% Affordability Index by Month
1-2019 -21.5%
May-2021
+ 3.2%
Single Family
-5.6% 1-2018
Housing Percent Change Percent Change Affordability Single from Previous Townhousefrom Previous Index Family Year Condo Year Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 11
48
45 47
68 1-2017
-30.6%
59
44
Jun-2021 1-2011
-5.7%
53
May-2021
35
0 1-2010
89 -17.4%
50
Mar-2021 62
47
-15.0%
57
Apr-2021
69 50
-24.6% 1-2016
51
Feb-2021 96
43
-26.2% 1-2015
Year to Date
Jan-2021
66
100
Sep-19
82
Aug-2021
Sep-21
100
+ 9.9%
Oct-2020
Historical Housing Affordability Index by Month
150
89
Percent Change from Previous Year
48
Sep-20
Single Family
TownhouseCondo
45
Sep-19
200
Percent Change from Previous Year
Oct-2020
Historical Housing Affordability Index by Month 250
89
Nov-2020
48
46
35
Housing Affordability Index
Year to Date
Sep-20
Sep-21
- 7.9%
- 19.5%
Townhouse-Condo
-20.4%
46
-6.7% 44
1-2016 46 -19.2%
Aug-2021
45
-10.6% 47
12-Month Avg
48
-25.8%
65
-6.7%
1-2018 -19.2%
-20.4% -18.5% Current as65of October 5, 2021. All data
-18.5% Single Family
250 Townhouse-Condo
Townhouse-Condo
200
Single Family
150
Townhouse-Condo
100
50
0 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 11
Inventory of Active Listings Inventory of Active Listings September September
Inventory Active Lis
709
709
432
432
407
407 317
252
252 71
Sep-19
Sep-21
Sep-20
- 3.8%
Sep-19
- 41.7%
- 39.1% Single Family
Sep-19
Sep-20
Sep-21
- 22.1%
- 8.9%
Sep-21
Sep-20
- 3.8% - 39.1% Historical Inventory of Active Listings by Month
Sep-19
- 41.7%
Percent Change from Previous Year
TownhouseCondo
Percent Change from Previous Year
- 8.9%
Oct-2020
398
-37.9%
295
-21.1%
391
-35.9%
291
-22.4%
Dec-20
Dec-2020
364
-35.5%
277
-25.7%
Jan-20
Jan-2021
317
-42.0%
264
-29.4%
Feb-2021
324
-39.3%
281
-25.1%
Mar-2021
297
-45.1%
261
-33.4%
Apr-2021
288
317 299
-43.8%
213
-44.1%
May-2021
-39.7%
190
-51.3%
Jun-2021
334
-29.7%
195
-51.4%
Jul-2021
324
-31.9%
143
-60.7%
Aug-2021
306
-35.4%
115
-65.6%
Sep-2021
252
-41.7%
-77.6%
325
-38.2%
7171
Sep-20
- 22.1%
7501250
500
1000
from Previous Year
TownhouseCondo
Percent Change from Previous Year
Oct-2020
398
-37.9%
295
-21.1%
Nov-2020
391
-35.9%
291
-22.4%
-35.5%
277
-25.7%
750
0 1-2010
1-2011
500
September 250
Jan-2021
1-2012
1-2013
1-2014
Apr-2021
1-2011
1-2012
432 May-2021
71 Sep-19
Sep-21
- 41.7% Sep-2021 Single Family
Oct-2020
-45.1%
Nov-2020 261
Sep-20
12-Month
1-2021
Feb-2021
317 -42.0% 1-2016 324 -39.3%
-29.7%
May-2021 195
-31.9%
Jul-2021 143
Jun-2021
71
306
Aug-2021
-35.4% Sep-20
Sep-2021 115
Sep-21
- 77.6% -41.7% Townhouse-Condo - 22.1%
Sep-21 12-Month Avg by Month 325 Historical Inventory of Active Listings
-38.2%
- 77.6%
-37.9%
-35.9% -33.4%
391 364
Apr-2021
317
-25.1%
398
Dec-2020
Mar-2021 190
Sep-19
1-2020
281
-39.7%
- 8.9% 252
Jul-20
Aug-20
Percent Change Percent Change Inventory of Single from Previous Townhousefrom Previous Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 12 Active Listings Family Year Condo Year
-39.3%
299 407 324
-29.4%
1-2019
Jan-2021 213 1-2015
Jul-2021 Sep-20
1-2018
-43.8% 1-2014
334
- 39.1%
264
1-2017
288 1-2013
Jun-2021 252 Aug-2021 - 3.8%
1-2016
297
Mar-2021
0 1-2010
-42.0%
1-2015
324
Feb-2021
709
317
Jun-20
* Active Listin average of th
Single Family
Inventory ofDec-2020 Active Listings 364
Apr-20
May-20
Townhouse-Condo
Inventory of Active Listings
250
Feb-20
Mar-20
-41.7%
- 77.6%
Single Family
Historical Inventory of Active Listings by Month Percent Change
1000
216
Sep-21
Townhouse-Condo
1250
1500
Oct-20
Nov-20
Nov-2020
* Active Listings for all properties from October 2020 through September 2021. This is not the average of the individual figures above.
Single Family
1500
Single Family
12-Month Avg
- 77.6%
Townhouse-Condo
Inventory of Active Listings
12-Month Avg
71
-35.5%
-44.1%
-45.1% -51.3%
297 288
295
-21.1%
291
-22.4%
277
-25.7%
264 1-2017 281
-29.4% 1-2018 -25.1%
261
-33.4%
-43.8%
213
-44.1%
-29.7%
195
-51.4%
143
-60.7%
Current as of October 5, 2021. All d -51.4% -39.7% 190 -51.3%
299 334
-60.7% -31.9%
324 306
-35.4%
-65.6% -41.7%
252 325
-38.2%
-77.6%
115
-65.6%
71
-77.6%
216
-41.7%
* Active Listings for all properties from October 2020 through September 2021. This is not the average of the individual figures above.
216
-41.7%
Single Family
Townhouse-Condo
1500
* Active Listings for all properties from October 2020 through September 2021. This is not the average of the individual figures above.
1250
1000
Single Family
750
Townhouse-Condo
500
250
0 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 12
Months Supply of Inventory Months Supply of Inventory September
Month of Inve
9.4
September 9.4
6.9
6.9 5.6
4.8
4.8 2.5
2.5 Sep-19
Sep-21
Sep-20
+ 4.4%
Sep-19
- 47.9%
- 48.9%
Sep-20
- 19.8%
Single Family
Percent Change from Previous Year
TownhouseCondo
Percent Change from Previous Year
Oct-2020
4.2
-50.6%
4.8
-25.0%
Nov
Nov-2020
4.0
-50.6%
4.6
-28.1%
Dec
Dec-2020
3.7
-48.6%
4.2
-36.4%
Jan-2021
3.1
-55.7%
4.0
-38.5%
Jan
Feb-2021
3.1 5.6
-54.4%
4.3
-33.8%
Feb
Mar-2021
2.8
-58.8%
3.7
-46.4%
Mar
Apr-2021
2.6
-60.0%
2.8
-60.6%
May-2021
2.6
-61.2%
2.4
-69.6%
Apr
Jun-2021
2.9
-55.4%
2.4
-70.4%
May
Jul-2021
2.9
-52.5%
1.7
-76.7%
Aug-2021
2.9
-48.2%
1.4
-78.5%
Sep-2021
2.5
-47.9%
0.9
-83.9%
3.1
-53.6%
12-Month Avg
- 83.9%
Oct
3.1 0.9
Jun
Jul-
-54.7%
Aug
Townhouse-Condo
Sep-19 Sep-20 Historical Months Supply of Inventory by Month
+ 4.4%
Sep-21
- 18.8%
Single Family
60
0.9
Months Supply of Inventory
Sep
Sep-21
Sep-19
- 47.9%
- 48.9%
Sep-20 Single Family
- 19.8%
Sep-21 Townhouse-Condo
- 18.8%
Single Family
- 83.9%
12-Mon
Townhouse-Condo
50
40
Percent Change Historical Months Supply of Inventory by Month 60
Months Supply of Inventory
Single Family
from Previous Year
TownhouseCondo
Percent Change from Previous Year
50
Oct-2020
4.2
-50.6%
4.8
-25.0%
-50.6%
4.6
-28.1%
30
20
Nov-2020 4.0 Months Supply of Inventory
10
40
0 1-2010
3.7
Dec-2020
30
1-2011
September 20
1-2012
1-2013
1-2014
Jan-2021
Apr-2021 May-2021 4.8
0 1-2010
1-2011
Jun-2021
1-2012
2.5
0.9 Sep-19
-60.0%
2.6
5.6 1-2013
2.8 2.4
1-2021
-48.2%
Sep-21 Sep-2021 - 47.9%
Sep-19 2.5 - 19.8%
2.4 1.7
0.9
1.4
-47.9% -Sep-21 83.9%
Sep-20
- 18.8%
Townhouse-Condo
-53.6%
Historical Months Supply of Inventory by Month - 83.9% 60
-33.8%
Oct-2020 Nov-2020 Dec-2020 Jan-2021 Feb-2021 Mar-2021
1-2015
-55.4%
2.9 3.1
3.7
1-2014
Aug-2021 12-Month Avg
1-2020
-38.5%
4.3
-61.2% -52.5%
Single Family
Sep-21
1-2019
4.0
-58.8%
2.9
- 48.9%
-36.4%
1-2018
Percent Change Percent Change Months Supply Single from Previous Townhousefrom Previous Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 13 of Inventory Family Year Condo Year
6.9 2.6
2.9
4.2 1-2017
-54.4%
Jul-2021 Sep-20
+ 4.4%
-55.7%
2.8
Mar-2021 10
1-2016
3.1
Feb-2021
9.4
3.1
-48.6%
1-2015
Apr-2021
May-2021 Jun-2021 Jul-2021
4.2
-50.6%
-46.4% 4.0 -50.6% 3.7
-48.6%
-60.6% 3.1 -55.7% 3.1
-54.4%
-69.6% 2.8 -58.8% 2.6
1-2016 -60.0%
2.9
-55.4%
-70.4% 2.6 -61.2% -76.7% 2.9 -52.5%
4.8
-25.0%
4.6
-28.1%
4.2
-36.4%
4.0
-38.5%
4.3
-33.8%
3.7 1-2017 2.8
-46.4%
2.4
-69.6%
2.4
-70.4%
-60.6%
1.7 as of October -76.7%5, 2021. Current
2.9 -48.2% -78.5% 2.5 -47.9%
1.4
-78.5%
0.9
-83.9%
3.1 -53.6% 0.912-Month Avg -83.9%
3.1
-54.7%
Aug-2021 Sep-2021
3.1
-54.7% Single Family
Townhouse-Condo
50
Single Family
40
Townhouse-Condo
30
20
10
0 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
1-2017
1-2018
1-2019
1-2020
1-20
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 13
Months Supply of Inventory September 9.4 6.9 5.6
4.8 2.5
0.9 Sep-19
Sep-20
+ 4.4%
- 48.9%
Sep-21
Sep-19
- 47.9%
Sep-20
- 19.8%
Single Family
Sep-21
- 18.8%
Months Supply of Inventory
Single Family
Percent Change from Previous Year
TownhouseCondo
Percent Change from Previous Year
Oct-2020
4.2
-50.6%
4.8
-25.0%
Nov-2020
4.0
-50.6%
4.6
-28.1%
Dec-2020
3.7
-48.6%
4.2
-36.4%
Jan-2021
3.1
-55.7%
4.0
-38.5%
Feb-2021
3.1
-54.4%
4.3
-33.8%
Mar-2021
2.8
-58.8%
3.7
-46.4%
Apr-2021
2.6
-60.0%
2.8
-60.6%
May-2021
2.6
-61.2%
2.4
-69.6%
Jun-2021
2.9
-55.4%
2.4
-70.4%
Jul-2021
2.9
-52.5%
1.7
-76.7%
Aug-2021
2.9
-48.2%
1.4
-78.5%
Sep-2021
2.5
-47.9%
0.9
-83.9%
3.1
-53.6%
3.1
-54.7%
12-Month Avg
- 83.9%
Townhouse-Condo
Historical Months Supply of Inventory by Month
Single Family
Townhouse-Condo
60
50
40
30
20
10
0 1-2010
1-2011
1-2012
1-2013
1-2014
1-2015
1-2016
Total Market Overview
1-2017
1-2018
1-2019
1-2020
1-2021
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 13
Key metrics by report month and for year-to-date (YTD) starting from the first of the year.
Key Metrics
Historical Sparkbars
New Listings 10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
Pending Sales Sold Listings Median Sales Price Avg. Sales Price
9-2020
9-2021
Percent Change
YTD 2020
YTD 2021
Percent Change
223
179
- 19.7%
1,901
1,917
+ 0.8%
222
207
- 6.8%
1,624
1,804
+ 11.1%
282
210
- 25.5%
1,365
1,606
+ 17.7%
$897,500
$855,225
- 4.7%
$625,000
$730,000
+ 16.8%
$2,809,097 $2,279,761
Pct. of List Price Received Days on Market 10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
10-2019
2-2020
6-2020
10-2020
2-2021
6-2021
Affordability Index Active Listings Months Supply
- 18.8%
$1,909,309 $2,026,075
+ 6.1%
96.7%
98.4%
+ 1.8%
96.4%
98.3%
+ 2.0%
115
53
- 53.9%
114
70
- 38.6%
44
45
+ 2.3%
64
53
- 17.2%
778
351
- 54.9%
--
--
--
5.2
1.9
- 63.5%
--
--
--
Sold Listings Actual sales that have closed in a given month.
By Price Range – All Properties – Rolling 12 Months 653 230
655
By Property Type
9-2021
543
338
201
9-2020
151
203
80
137
52
121
79
209
102
133
64
1,079
103
9-2020
1,234
9-2021
1,791
978
678
2,263
- 12.6%
+ 0.3%
+ 60.7%
+ 34.4%
+ 71.3%
+ 51.9%
+ 72.7%
+ 30.4%
+ 60.9%
+ 14.4%
+ 44.2%
+ 26.4%
< $300K
$300K to $599K
$600K to $999K
$1.0M to $1.5M
$1.5M to $2.0M
$2.0M to $2.5M
$2.5M to $5.0M
$5.0M to $10.0M
$10.0M+
Single Family
Townhouse-Condo
All Properties
Rolling 12 Months Single Family Condo By Price Range $299,999 and Below $300,000 to $599,999 $600,000 to $999,999 $1,000,000 to $1,499,999 $1,500,00 to $1,999,999 $2,000,000 to $2,499,999 $2,500,000 to $4,999,999 $5,000,000 to $9,999,999 $10,000,000 and Above All Price Ranges
9-2020 81 411 230 101 44 22 67 71 52 1,079
9-2021 43 361 311 112 81 33 103 97 93 1,234
Change - 46.9% - 12.2% + 35.2% + 10.9% + 84.1% + 50.0% + 53.7% + 36.6% + 78.8% + 14.4%
9-2020 133 237 105 47 35 29 52 30 10 678
9-2021 131 285 229 91 52 46 104 32 8 978
Compared to Prior Month Single Family Condo Change - 1.5% + 20.3% + 118.1% + 93.6% + 48.6% + 58.6% + 100.0% + 6.7% - 20.0% + 44.2%
8-2021 0 26 30 8 5 5 11 8 4 97
9-2021 4 29 37 12 11 4 9 7 10 123
Change -+ 11.5% + 23.3% + 50.0% + 120.0% - 20.0% - 18.2% - 12.5% + 150.0% + 26.8%
8-2021 12 22 25 12 5 6 9 6 1 98
9-2021 12 13 20 13 3 5 13 4 1 84
Year to Date Single Family Change 0.0% - 40.9% - 20.0% + 8.3% - 40.0% - 16.7% + 44.4% - 33.3% 0.0% - 14.3%
9-2020 55 307 179 76 41 18 52 50 46 824
9-2021 25 262 229 80 61 26 62 65 55 865
Condo
Change - 54.5% - 14.7% + 27.9% + 5.3% + 48.8% + 44.4% + 19.2% + 30.0% + 19.6% + 5.0%
9-2020 100 176 75 36 26 24 43 26 8 514
9-2021 94 218 166 65 36 35 65 23 3 705
Change - 6.0% + 23.9% + 121.3% + 80.6% + 38.5% + 45.8% + 51.2% - 11.5% - 62.5% + 37.2%
Inventory of Active Listings A measure of the number of homes available for sale at a given time.
By Price Range – All Properties 138 46
By Property Type
9-2021
121 59
52
12
9-2020
62
24
55
43
39
17
120
102
96 38
31
- 73.9%
- 62.3%
- 51.2%
- 61.3%
- 43.6%
- 55.3%
- 59.4%
- 57.8%
< $300K
$300K to $599K
$600K to $999K
$1.0M to $1.5M
$1.5M to $2.0M
$2.0M to $2.5M
$2.5M to $5.0M
$5.0M to $10.0M
Compared to Prior Year Single Family Condo By Price Range $299,999 and Below $300,000 to $599,999 $600,000 to $999,999 $1,000,000 to $1,499,999 $1,500,00 to $1,999,999 $2,000,000 to $2,499,999 $2,500,000 to $4,999,999 $5,000,000 to $9,999,999 $10,000,000 and Above All Price Ranges
9-2020 10 64 65 22 31 17 50 77 96 432
9-2021 1 40 46 15 23 13 28 33 53 252
Change - 90.0% - 37.5% - 29.2% - 31.8% - 25.8% - 23.5% - 44.0% - 57.1% - 44.8% - 41.7%
9-2020 30 72 55 40 22 20 41 21 16 317
9-2021 6 11 12 8 7 4 9 9 5 71
8-2021 2 50 54 18 22 15 36 40 69 306
9-2021 1 40 46 15 23 13 28 33 53 252
- 38.3%
Change - 50.0% - 20.0% - 14.8% - 16.7% + 4.5% - 13.3% - 22.2% - 17.5% - 23.2% - 17.6%
$10.0M+
8-2021 5 19 16 16 12 10 14 14 9 115
9-2021
778 432
74
Compared to Prior Month Single Family Condo Change - 80.0% - 84.7% - 78.2% - 80.0% - 68.2% - 80.0% - 78.0% - 57.1% - 68.8% - 77.6%
9-2020
9-2021 6 11 12 8 7 4 9 9 5 71
317
252
351
71
- 41.7%
- 77.6%
- 54.9%
Single Family
Townhouse-Condo
All Properties
Year to Date Single Family Change + 20.0% - 42.1% - 25.0% - 50.0% - 41.7% - 60.0% - 35.7% - 35.7% - 44.4% - 38.3%
Condo
There are no year-to-date figures for inventory because it is simply a snapshot frozen in time at the end of each month. It does not add up over a period of months.
Current as of October 5, 2021. All data from the Aspen/Glenwood Springs MLS Inc. Report © 2021 ShowingTime. | 15
Glossary of Terms A research tool provided by the Colorado Association of REALTORS®
New Listings
A measure of how much new supply is coming onto the market from sellers.
Pending Sales
A count of all the listings that went into pending status during the reported period. Pending listings are counted at the end of the reported period. Each listing can only be counted one time. If a listing goes into Pending, out of Pending, then back into Pending all in one reported period, this listing would only be counted once. This is the most real-time measure possible for home buyer activity, as it measures signed contracts on sales rather than the actual closed sale. As such, it is called a "leading indicator" of buyer demand.
Sold Listings
A measure of home sales that were closed to completion during the report period.
Median Sales Price
A measure of home values in a market area where 50% of activity was higher and 50% was lower than this price point.
Average Sales Price
A sum of all home sales prices divided by total number of sales.
Percent of List Price Received
A mathematical calculation of the percent difference from last list price and sold price for those listings sold in the reported period.
Days on Market Until Sale
A measure of how long it takes homes to sell, on average.
Housing Affordability Index
A measure of how affordable a region’s housing is to its consumers. A higher number means greater affordability. The index is based on interest rates, median sales price and median income by county.
Inventory of Active Listings
A measure of the number of homes available for sale at a given time. The availability of homes for sale has a big effect on supply-demand dynamics and home prices.
Months Supply of Inventory
A measure of how balanced the market is between buyers and sellers. It is expressed as the number of months it would hypothetically take to sell through all the available homes for sale, given current levels of home sales. A balanced market ranges from 4 to 7 months of supply. A buyer's market has a higher number, reflecting fewer buyers relative to homes for sale. A seller's market has a lower number, reflecting more buyers relative to homes for sale.
As the golden autumn leaves fall, the fleeting first snows have fallen, and the holiday season is fast approaching, I want to thank each & every client I have worked with over the years for choosing me to represent your best interests in your real estate pursuits. As your broker, your trust and confidence in me warms my heart and I truly appreciate your business. It would be an honor if you would consider recommending me to anyone you know who might benefit from my real estate skills, knowledge and expertise. If so, please call or text me with their contact information & I will do everything I can to earn their trust & guide them in the sale or purchase of real estate in Colorado. Hoping to hear from you soon, Trudi