Market Data
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The Pitkin County Market Analysis summarizes recent real estate activity around the county. The analysis is provided monthly by Land Title Guarantee Company. The most recent market analysis was for December 2011 and was released on 01/31/2012.
Recent Market Analysis
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Summary
- 2011 total dollars totaled $1,269,446,586 - up .52% from 2010
- 2011 transactions totaled 756, an increase of 9.7% from 2010
- December dollars totaled $77,740,576 - a decrease of 38% from December 2010
- December transactions totaled 56 - a decrease of 16% from December 2010
- The highest sales price for December was $6.25 million for a single family residence in Aspen Zone 1
- For the year - Aspen led with $826 million (65% of the total) and 317 transactions (42% of the total), Snowmass Village posted $238 million (19%) and 114 transactions (15%), Interval Units $89 million (7%) and 209 transactions (28%), Old Snowmass $53.4 million (4%) and 29 transactions (4%), Basalt $32 million (2.5%) and 42 (5.6%), Carbondale $5.6 million (.4%) and 8 (1%), Redstone $1.16 million (.09%) and 5 transactions (.66%).
- December totals - Aspen $55.8 million and 32 transactions, Woody Creek $9.4 million and 3 transactions, Snowmass Village $5.8 million and 6 transactions, Interval Units $3 million and 10 transactions, Old Snowmass $2.5 million and 2 transactions, and Basalt $1.2 million and 3 transactions
- There were 4 Bank Owned Sales in December totaling $1.4 million. This accounted for 1.8% of the volume and 7% of the transactions
- For the year, there were 51 Bank Owned Sales totaling $33.7 million. This accounted for 2.7% of the dollars and 6.8% of the transactions
- The average single family home sold price for 2011 totaled $4,108,658, a decrease of 5% from full year 2010
- The median single family home sold price for 2011 totaled $2,787,500, a decrease of 12% from full year 2010
- 2011 Fractional dollars totaled $89,053,880 - an increase of 9% from 2010
- 2011 Fractional transactions totaled 209 - an increase of 19% from 2010
- December fractional dollars totaled $3,035,166 - an increase of 36% from December 2010
- December transactions totaled 10 - a decrease of 29% from December 2010
View By Month
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