Released 10/10/13 by Land Title Guarantee for all real estate transactions recorded in Pitkin County during August 2013. Published on this site in following path: The Estin Report/Aspen Real Estate News and Market Stats Archives/2013 Market Statistics folder on 10/14/13.

For more timely market statistics, see the Currents Reports section for: The Estin Report: Monthly Market Snapshots (generally released 4-6 weeks prior to Land Title release dates). The Snapshots are published approximately 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.

August 2013 Pitkin County Market Analysis

(Link to charts)

• $138,447,113 – total dollars for August, an increase of 31% from August 2012
• 162 – total transactions for August, an increase of 170% from 2012
• August was the strongest dollar month thus far in 2013
• Year to date, dollars total $750,104,922 a decrease of 4% from same period 2012
• Year to date, transactions total 912, an increase of 107% from same period 2012
• For the month, Intervals led the way with a total of 107 transactions ($11.1 million), Aspen posted 39 transactions ($113.6 million), Snowmass Village 10 ($7.3 million), Carbondale 2 ($3.3 million), Woody Creek 2 ($2.6 million), Redstone 1 ($500,000), and Old Snowmass 1 ($75,000).
• There were 3 bank sales recorded in the county for August totaling $1.9 million. This accounted for 2% of the transactions and 1% of the dollars (see page 9 for more details)
• Year to date, there have been 65 bank sales recorded in the county, totaling $41 million. This accounts for 7% of the transactions and 5% of the dollars.
• The average single family home sold price thru August is $3,461,225, a decrease of 18% from full year 2012
• The median single family home sold price thru August is $2,300,000, a decrease of 18% from full year 2012
• Interval dollar volume for August was up 307% from August 2012, with a total of $11.1 million
• Interval transaction volume for August was up 1089% from Augut 2012, with a total of 107
• Interval transaction breakdown for August: Innsbruck – 85, Dancing Bear – 6, Residences at Snowmass Club – 3, St Regis -3, Timbers – 2, Ritz Carlton – 2, Hyatt Grand Aspen – 2, Residences at Little Nell – 2, Roaring Fork Club PUD – 1 and Shadow Mountain Lodge – 1
• Through August, interval dollar volume totals $37,874,869, an increase of 22% from same period 2012
• Through August, interval transaction volume totaled 494, an increase of 481% from same period 2012
• Buyer profile through August: 73% were out of state (domestic), 21% were Local, 4% were International, and 2% Front Range
• Loan info for August – 66% cash sales and 34% with financing