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Pitkin County Colorado Real Estate Market Report March 2011
released April 1, 2011 by Land Title Guarantee Pitkin County Real Estate Transactions Summary for the month of March, 2011 (See accompanying charts) - $89,077,737 – total dollar volume, a decrease of 13.7% from March 2010
- 68 total transactions – a decrease of 19% from March 2010
- Year to date dollars total $289,131,493, an increase of 39% from same time period 2010
- Year to date transactions total 196, an increase of 9.5%
- Aspen reported the most activity with 28 transactions, Interval units 17, Snowmass Village 15, Basalt 3, Old Snowmass 3, Woody Creek 1, and Carbondale 1
- Aspen reported the highest dollar volume with $58.7 million, Snowmass Village $18.7 million, Intervals $4.6 million, Old Snowmass $4.2 million, Carbondale $985,000, and Woody Creek $212,368
- Bank sales are on the rise in Pitkin County, with a reported 12 for the month totaling $9.9 million. This accounts for 18% of the transactions and 11% of the dollars
- 5 – Aspen, 3 – Snowmass Village, 2 – Basalt, 1- Old Snowmass, 1 - fractional
- Average single family home sold price through March is $4,611,723, an increase of 6% from full year 2010
- Median single family home sold price through March is $3,087,500, a decrease of 3% from full year 2010
- Fractional dollars totaled $4.6 million, an increase of 74% from March 2010
- Fractional transactions totaled 17, an increase of 21% from March 2010
- The Ritz @ Highlands posted 6, Hyatt Grand Aspen 3, Innsbruck, Residences at Snowmass Club, and Timbers each reported 2, while Prospector and Residences at Little Nell each reported 1
- Through March, fractional dollars total $19,119,554, an increase of 3% from same time period 2010
- Through March, transactions total 71, an increase of 92% from same time period 2010
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