Released Dec 23, 2018 v1.5 (data pulled on Dec 3rd.)

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Aspen Condo Sales Breakdown – Nov ’18
Aspen Single Family Home Sales By Location – 3 Mos Avg Sales

Snowmass Village Condo Sales Breakdown – Nov ’18
Snowmass Village Single Family Home Sales By Location – 3 Mos Avg Sales

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Bottom Line

Aspen is showing a lot of red, as in a slowing market, while Snowmass Village is seeing green, an expanding market largely due to the excitement of the Base Village finally nearing completion and looking like a brand new European village and the significant property sale discounts compared to sky high Aspen prices. The caveat is that the number of properties under contract in Aspen were up 40% year over year, a promising indicator of future activity as we come to the end of the year. Most properties under contract in Nov. will close in Dec. But for Snowmass, it was just the opposite…the Nov. under contracts were down -36% over last year. Mixed messages.

November 2018 Market Statistics Summary for Aspen and for Snowmass Village*

Aspen condo sales November 2018

  • Unit Sales: +27% (14) in November ‘18 from (11) in November ‘17
  • Dollar Sales: -15% $21M in November ‘18 from $25M in November ‘17
  • Inventory Active Listings: +2% (124) in November ‘18 from (121) in November ‘17

Aspen condo sales YTD

  • Unit Sales: -24% (121) in November ‘18 from (160) in November ‘17
  • Dollar Sales: -12% $323M in November ‘18 from $368M in November ‘17
  • Inventory Active Listings: -15% (298) in November ‘18 from (351) in November ‘17

Aspen Single family home sales November 2018

  • Unit Sales: -25% (9) in November ‘18 from (12) in November ‘17
  • Dollar Sales: -20% $54M in November ‘18 from $67M in November ‘17
  • Inventory Active Listings: -4% (156) in November ‘18 from (162) in November ‘17

Aspen Single family home sales YTD

  • Unit Sales: -13% (94) in November ‘18 from (108) in November ‘17
  • Dollar Sales: -27% $586M in November ‘18 from $799M in November ‘17
  • Inventory Active Listings: -7% (305) in November ‘18 from (331) in November ‘17

* Typically, the Aspen market represents 70-75% of the total combined Aspen Snowmass Village real estate marketplace.

Snowmass Village condo sales November 2018

  • Unit Sales: +44% (13) in November ‘18 from (9) in November ‘17
  • Dollar Sales: +172% $14M in November ‘18 from $5M in November ‘17
  • Inventory Active Listings: -4% (137) in November ‘18 from (142) in November ‘17

Snowmass Village condo sales YTD

  • Unit Sales: +35% (116) in November ‘18 from (86) in November ‘17
  • Dollar Sales: +13% $99M in November ‘18 from $87M in November ‘17
  • Inventory Active Listings: +15% (343) in November ‘18 from (297) in November ‘17

Snowmass Village Single family home sales November 2018

  • Unit Sales: -83% (1) in November ‘18 from (6) in November ‘17
  • Dollar Sales: -91% $2M in November ‘18 from $21M in November ‘17
  • Inventory Active Listings: -7% (75) in November ‘18 from (81) in November ‘17

Snowmass Village Single family home sales YTD

  • Unit Sales: +8% (41) in November ‘18 from (38) in November ‘17
  • Dollar Sales: -1% $130M in November ‘18 from $131M in November ‘17
  • Inventory Active Listings: +4% (152) in November ‘18 from (146) in November ‘17

* Typically, the Snowmass Village  market represents 25-30% of the total combined Aspen Snowmass Village real estate marketplace.

Links to Nov 2018 Aspen and Snowmass Village Sold Property Photos and Details

Aspen Nov 2018 Closed Properties (23).   This link is valid until 12/30/2018.

Snowmass Village Nov 2018 Closed Properties (14). This link is valid until 12/30/2018.

Vacant Lots Nov 2018  Closed Properties (1). This link is valid until 12/30/2018.

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