Released 06/05/13 by Land Title Guarantee for all real estate transactions recorded in Pitkin County during March 2013. Published in following location: The Estin Report/Aspen Real Estate News and Market Stats Archives/2013 Market Statistics folder on 06/05/13.

For more timely market statistics, see the Currents Reports section for: The Estin Report: April and May. 2013 Aspen Snowmass Market Snapshots (released 4-6 weeks prior to Land Title release dates). The Snapshots are published on or about the 1st Monday of the month in the Current Reports section reporting on the upper Roaring Fork Valley real estate sales – Aspen, Snowmass Village, Brush Cr.Village, Woody Creek and Old Snowmass property transactions sold over $250,000. Fractionals are not included.

April 2013 Pitkin County Market Analysis

(link to charts)

• April was the strongest month thus far in 2013 in both dollar and transaction volume!
• $111,269,030 – total dollars for April, an increase of 12% from April 2012
• 72 – total transactions for April, an increase of 12.5% from April 2012
• Year to date, dollars total $302,616,418 a decrease of 12.5%% from same period 2012
• Year to date, transactions total 240, an increase of 13% from same period 2012
• For the month, Aspen posted 30 transactions ($71.5 million), Snowmass Village 23 ($23 million), Interval units 12 ($3.4 million), Basalt 4 ($1.3 million), Old Snowmass 2 ($9 million), and Woody Creek 1 ($3.15 million).
• There were 13 bank sales recorded in the county for May totaling $10.5 million. This accounted for 18% of the transactions and 9% of the dollars (see page 9 for more details)
• Year to date, there have been 44 bank sales recorded in the county, totaling $27.6 million. This accounts for 18% of the transactions and 9% of the dollars.
• The average single family home sold price thru April is $3,146,451, a decrease of 25% from full year 2012
• The median single family home sold price thru April is $2,200,000, a decrease of 21% from full year 2012
• Interval dollar volume for April was up 83% from April 2012, with a total of $3.4 million
• Interval transaction volume for April was up 9% from April 2012, with a total of 12
• Interval transaction breakdown for April: St. Regis – 3, Timbers Club – 2, Residences at Snowmass Club – 2, Ritz Carlton Club – 2, Hyatt Grand Aspen – 1, Roaring Fork Club PUD -1, and Residences at Little Nell – 1.
• Through April, interval dollar volume totals $15,144,317, an increase of 15% from same period 2012
• Through April, interval transaction volume totaled 56, an increase of 30% from same period 2012
• Buyer profile through April: 55% were out of state (domestic), 35% were Local, 9% were International, and 2% Front Range
• Loan info through April, 58% of the sales were cash and 42% were financed

Click link for the full 9 page PDF report for additional details.