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Pitkin County Market Summary (Land Title Co. Report): Feb. 24, 2009

Jan 2009 real estate statistics for Pitkin County  (includes all recorded Pitkin County property transfers), compliments of Land Title Guarantee Company, 2/24/09

Summary
•    Pitkin County reported the best month in the 5 county area (including Routt, Summit, Garfield, Eagle counties!)
•    Total transactions for Pitkin County in January were 78, this is a decrease of only 20% from 2008.
•    Dollars totaled $115,936,999, down only 8.85% from January 2008.
•    41 of the transactions took place at the Residences at the Little Nell, accounting for $64,030,000 in dollars.
•    25 transactions (32%) were in Aspen, 4 (5%) were in Snowmass, and 2 (2.5%) were in Woody Creek.  
•    47 transactions were interval units, representing 60% of the total (41 being Little Nell).
•    Interval sales were up 1156% in dollars from $5,166,600 in 2008 to $64,869,150
•    Interval transactions were up 57%, from 30 in 2008 to 47 in 2009.  
•    Average single family home price for 2009 is $5,652,528 up 10% from 2008 (full year).
•    Median single family home price is $6,237,500, up 52% from 2008 (full year)

Link to Statistics and Tables