Please see the latest 2009 September Pitkin County Market Analysis for ALL Pitkin County Property Transfers including fractionals, mobile homes, etc. courtesy of Land Title Guarantee Company.

For Aspen and Snowmass only real estate activity, please see The Estin Report, 3rd Quarter 2009.

Summary for September 2009

•    September is the first month of the year to post increases in both dollars and transactions from 2008!
•    $128,180,662 in total dollar volume, up 27% from September 2008!
•    74 total transactions, up 21% from September 2008!
•    Dollars through September total $783,258,757, down 29% from same time period 2008
•    Transactions through September total 492, down 24% from same time period 2008
•    Aspen reported 44 transactions (59%), Interval units totaled 18 (24%), Snowmass reported 6 (8%), Basalt 3 (4%), Old Snowmass 2 (3%), Redstone 1 (1%)
•    Fractional dollars for September totaled $3,335,855, 4% from September 2008 (this is the first month of 2009 to show a decrease)
•    Fractional units for September totaled 18, up 6% from September 2008
o    Hyatt Grand Aspen – 13, Roaring Fork Club Suites – 3, St. Regis & Residences at Snowmass Club – 1
•    For the year, fractional dollars total $161,933,245, up 348% from last year, same time period
•    For the year, fractional units total 215, up 26% from 2008
•    Through September, the average single family sold price is down 3% to $4,981,740 – see page 4 for detail by area of Pitkin County
•    Through September, the median single family sold price is down 13% to $1,256,950 – see page 4 for detail by area of Pitkin County
•    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