Today, Erik Cavarra features a Market Analysis for the Pitkin County Area.
Summary
- $43,278,212 – total dollars for January, a decrease of 45.82% from January 2013
- 128 – total transactions for January, an increase of 116.95% from January 2013
- Year to date, dollars total43,278,212 a decrease of 45.82% from same period 2013
- Year to date, transactions total 128, an increase of 116.95% from same period 2013
- For the month, Intervals led the way with a total of 101 transactions ($7,685,884), Aspen posted 15 transactions ($23,246,128), Snowmass Village 8 ($9,063,200), Redstone 2 ($118,000), Woody Creek 1 ($2,700,000), Old Snowmass 1 ($465,000), Basalt 0 and Carbondale 0.
- There were 2 bank sales recorded in the county for January totaling $808,200. This accounted for 1.87% of the transactions and 1.56% of the dollars (see page 9 for more details)
- Year to date, there have been 2 bank sales recorded in the county, totaling $808,200. This accounts for 1.87% of the transactions and 1.56% of the dollars.
- The average single family home sold price thru January is $2,958,000, a decrease of 15% from January 2013
- The median single family home sold price thru January is $2,716,000, an increase of 23% from January 2013
- Interval dollar volume for January was up 17.76% from January 2013, with a total of $7,685,884.
- Interval transaction volume for December was up 78.91% from January 2013, with a total of 101.
- Interval transaction breakdown for December : Innsbruck 91, The Ritz Carlton Club: Aspen Highlands 4, Dancing Bear Aspen 2, Residences at Little Nell 2, Grand Hyatt Aspen: GA Resort 1, Timbers Club 1, A Storied Place: Countryside Condo 0, Prospector 0, The Residences at Snowmass Club 0, Roaring Fork Club: Club Suites 0, Roaring Fork Club; Roaring Fork PUD 0, Saint Regis Club: Aspen Residence Club 0, Sanctuary 0, Shadow Mountain Lodge 0.
- Through January, interval dollar volume totals $7,685,884, an increase of 79% from same period 2013
- Through January, interval transaction volume totaled 101, an increase of 339% from same period 2013
- Buyer profile through January: 40.74% were out of state (domestic), 48.15% were Local, 7.41% were International, and 3.7% Front Range
Loan info for January – all property types: 44% financing, 56% cash.
Leave a Reply