Released July 12, 2018 v1.5
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Bottom Line
In addition to my summary comments in the recently released Estin Report: 2018 YTD State of the Aspen Real Estate Market (Jun 26, 18), here are brief comments specific to June 2018 sales activity. Download the 10-Page June 2018 snapshot from link to the right.
Aspen downtown Core condo sales were down -39% for the 3 months Apr-Jun ’18 to 22 sales vs 36 in same 3-mos period 2017. (See Jun ’18 Snapshot Pgs 7 & 9.) Inventory of active condo listings was down -33%. Buyers are finding less good choices which can be frustrating and a turn-off. At the same time, Aspen 2-Bdrm condo prices have moved from avg $1,233 sq ft last Apr – Jun ‘17 to $1,536 sq ft now, +25%. Two bedroom units are the most common configuration. A 2-Bdrm Snowmass Village condo has increased to a 3-month avg of $626 sq ft vs $566 sq ft last yr, +11%.
June 2018 Market Statistics Summary for Aspen Only *
Aspen condo sales June 2018
Unit Sales: -8% (12) in June ‘18 from (13) in June ‘17
Dollar Sales: -36% $27M in June ‘18 from $41M in June ‘17
Inventory Active Listings: +1% (153) in June ‘18 from (152) in June ‘17
Aspen condo sales YTD
Unit Sales: -13% (65) in June ‘18 from (75) in June ‘17
Dollar Sales: +26% $200M in June ‘18 from $158M in June ‘17
Inventory Active Listings: -18% (218) in June ‘18 from (269) in June ‘17
Aspen Single family home sales June 2018
Unit Sales: -38% (8) in June ‘18 from (13) in June ‘17
Dollar Sales: -48% $46M in June ‘18 from $90M in June ‘17
Inventory Active Listings: +1% (174) in June ‘18 from (173) in June ‘17
Aspen Single family home sales YTD
Unit Sales: -17% (45) in June ‘18 from (54) in June ‘17
Dollar Sales: -18% $304M in June ‘18 from $372M in June ‘17
Inventory Active Listings: -3% (243) in June ‘18 from (253) in June ‘17
* Typically, the Aspen market represents 70-75% of the total combined Aspen Snowmass Village real estate marketplace.
Links to June 2018 Aspen and Snowmass Village
Sold Property Photos and Details
Aspen June 2018 Closed Properties (20). This link is valid until 7/31/2018.
Snowmass Village June 2018 Closed Properties (17). This link is valid until 7/31/2018.
Vacant Lots June 2018 Closed Properties (1). This link is valid until 7/31/2018.
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