Released 08/05/13 by Land Title Guarantee for all real estate transactions recorded in Pitkin County during June 2013. Published here at following location: The Estin Report/Aspen Real Estate News and Market Stats Archives/2013 Market Statistics folder on 08/06/13.

For more timely Aspen market statistics, see the Currents Reports section for: The Estin Report: June 2013 Aspen Snowmass Monthly 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.

June 2013 Pitkin County Market Analysis Summary

(link to charts)

• $101,933,738 – total dollars for June, a decrease of 31% from June 2012
• 54 – total transactions for June, a decrease of 16% from May 2012
• Year to date, dollars total $520,691,119 a decrease of 12% from same period 2012
• Year to date, transactions total 369, an increase of 10% from same period 2012
• For the month, Aspen posted 26 transactions ($79.7 million), Snowmass Village 14 ($9.8 million), Interval units 6 ($2.1 million), Basalt 4 ($4.9 million), Woody Creek 2 ($5 million), Carbondale 1 ($360,000), and Old Snowmass 1 ($89,000).
• Notable sales for the month included a $27 million & a $14 million transaction – metes & bounds properties located on Midnight Mine Road
• There were 6 bank sales recorded in the county for June totaling $4.3 million. This accounted for 11% of the transactions and 4% of the dollars (see page 9 for more details)
• Year to date, there have been 56 bank sales recorded in the county, totaling $37 million. This accounts for 15% of the transactions and 7% of the dollars.
• The average single family home sold price thru June is $3,567,634, a decrease of 15% from full year 2012
• The median single family home sold price thru June is $2,350,000, a decrease of 16% from full year 2012
• Interval dollar volume for June was down 60% from June 2012, with a total of $2.1 million
• Interval transaction volume for June was down 50% from June 2012, with a total of 6
• Interval transaction breakdown for June: Hyatt Grand Aspen – 2, Ritz Carlton – 2, St. Regis – 1, and Roaring Fork Club (Suites) – 1
• Through June, interval dollar volume totals $19,389,817, a decrease of 27% from same period 2012
• Through June, interval transaction volume totaled 73, an increase of 9% from same period 2012
• Buyer profile through June: 54% were out of state (domestic), 36% were Local, 8% were International, and 2% Front Range
• Loan info through June, 57% of the sales were cash and 43% were financed – Please see the link below for the 2nd Quarter Comprehensive Lender DOT report

______________________________