Released 01/14/18 v2.2
Aspen CO and Snowmass Village CO
Real Estate Market Snapshot
Bottom Line (excerpt from Snapshot)
Dec 2017 ended on a weak note compared to what was to an outstanding year. A disappointment in fact. But maybe this was the reprieve we needed after an exceptionally strong three months in August, Sep and Oct ’17.
Because 2016 was such an "off" year attributed largely to the election, only comparisons to 2015 are useful. For the year, dollar sales at $1.512B were almost dead-even with $1.513B in 2015; unit sales were also near even with 2015 with (433) in 2017 versus (442) in 2015. Years 2017 and 2015 were remarkably similar to one another and the best performing years of the past ten, 2008-2017.
Of particular note, 2017 had the lowest inventory of properties for sale during that ten year period: (762) listings in 2017 vs (858) in 2015, -11%.
Standout categories for the month of December are: Read More