Please see link to the most recent July 2009 Pitkin County Market Analysis and Charts. (includes property transfers in Aspen, Snowmass Village, Woody Creek, Old Snowmass, and parts of Basalt, El Jebel, Willits and Carbondale).  For Aspen and Snowmass only real estate market statistics see The Estin Report: State of the Aspen Snowmass Market 2nd Quarter 2009 and 1st Half 2009

 

Summary for July 2009 – ALL Pitkin County Transfers

•    $126,622,273 in total dollar volume – this is the only month in 2009 that has reported an increase over 2008 (up 1.73% from July 2009)

•    Included in the total dollars were three notable sales at $43 Million (reflected in Zone 1 Aspen) plus a $13.5M and a $11.25M sale.

•    43 total transactions for the month down 34.8% from July 2008
•    Dollars to date total $598,093,422, down 28.9% from 2008 same time period
•    Transactions to date total 374, down 27.8% from 2008 same time period
•    Aspen reported 18 transactions (42%), Interval units totaled 18 (42%), Redstone and Basalt each reported 2 (4.7%), and Snowmass, Woody Creek, and Old Snowmass each reported 1 (2.3%)
•    Fractional dollars for July totaled $10,468,052, up significantly (280%) over July 2008
•    Fractional units totaled 18, up 50% from July 2008
o    Residences at Little Nell -6, Hyatt Grand – 4, Ritz at Highlands – 3, Sanctuary & Timbers – 2, and Dancing Bear – 1
•    For the year, fractional dollars total $149,940,440 – up 386% from last year
•    For the year, fractional units total 181, up 26% from last year
•    The year to date average single family home sold price in Pitkin County is $5.3 million, up 4% over last year (bear in mind that the $43 million dollar sale is now included in this)
•    The year to date median single family home sold price in Pitkin County is $3.8 million, down 6% from last year
o    Please see page 5 of the PDF for detailed information on average and median prices by area
** It is important to note that average and median prices compare full year 2008 sold data to year to date 2009 sold data derived from county records, not MLS data.