released 01/07/13 by Land Title Guarantee. Published in The Estin Report/2012 Market Statistics folder on 01/07/13.

This Land Title Report is for all real estate transactions recorded in Pitkin County during November 2012.

For additional Nov. 2012 stats, see also:
The Estin Report: November 2012 Aspen Snowmass Market Snapshot was released on Dec. 4, 2012. The Snapshots are published on the 1st Monday of the month on the Estin Report blog 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 during November 2012 – Fractionals are not included.

November 2012 Summary
Land Title Pitkin County Market Analysis
(See accompanying charts pdf)

• $70,112,013 – total dollars for November, a decrease of 44% from November 2011
• 65 – total transactions for November, an increase of 14% from November 2011
• There were few upper-end home sales in November, which contributed to the reduced dollar volume for the month
• Through November, dollars total $1,222,651,147, an increase of 2.5% from same time period last year
• Through November, transactions total 659, a decrease of 6% from same time period last year
• Aspen posted 25 transactions ($48.7 million), Snowmass Village 19 ($9.7 million), Interval Units 9 ($910,000), Basalt 5 ($2.1 million), Woody Creek 3 ($7.4 million), Redstone 2 ($667,000), Old Snowmass 1 ($360,000), and Carbondale 1 ($339,000)
• There were 5 bank sales in November totaling $1.4 million. This accounted for 2% of the total volume and 8% of the transactions
• Bank Sale breakdown: 3 Snowmass (Zone 2), 1 Old Snowmass (Zone 4) and 1 Interval Unit
• Through November, there have been a total of 41 bank sales totaling $36 million. This accounts for 3% of the total dollar volume and 6% of the transactions
• The average single family home sold price through November is $3,932,234, a decrease of 4% from full year 2011
• The median single family home sold price through November is $2,687,500, an decrease of 4% from full year 2011
• Interval dollar volume for November was down 74% from November 2011, with a total of $910,000
• Interval transaction volume for November was down 18% from November 2011, with a total of 9
• The decreased activity in interval sales for November also contributed to the reduced dollar volume for the month
• Interval transaction breakdown for November: Hyatt Grand Aspen – 6, Innsbruck – 1, Ritz Carlton – 1, and Prospector – 1
• Through November, interval dollar volume is down 41% from same period 2011 with a total of $50,998,019
• Through November, there have been 132 interval transactions, a decrease of 34% from same time period 2011