Released 12/22/13 by Land Title Guarantee for all real estate transactions recorded in Pitkin County during September 2013. Published on this site in following path: The Estin Report/Aspen Real Estate News and Market Stats Archives/2013 Market Statistics on 12/22/13.

For more timely market statistics, see The Estin Report: The Estin Report: Monthly Market Aspen Real Estate Snapshots in the Currents Reports section (generally released 4-6 weeks prior to Land Title release dates). The Snapshots are published on or abvout 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.

October 2013 Pitkin County Market Analysis
(Link to Charts)

Summary

• $128,803,398 – total dollars for October, a decrease of 9% from October 2012
• 100 – total transactions for October, an increase of 30% from October 2012
• Intervals leveled off for the month, so there are no inflated numbers in the monthly data as a result of that activity
• Year to date, dollars total $1,116,524,841 a decrease of 3% from same period 2012
• Year to date, transactions total 1,421, an increase of 139% from same period 2012
• For the month, Intervals led the way with a total of 36 transactions ($7 million), Aspen posted 32 transactions ($84 million), Snowmass Village 14 ($24 million), Old Snowmass 7 ($3.7 million), Woody Creek 3 ($5.8 million), Baslat 3 ($1.9 million), and Redstone 3 ($1.7 million). The remaining 2 transactions were quit claim deeds with doc fees totaling $222,050.
• There were 3 bank sales recorded in the county for October totaling $1.4 million. This accounted for 3% of the transactions and 1% of the dollars (see page 9 for more details)
• Year to date, there have been 73 bank sales recorded in the county, totaling $47 million. This accounts for 5% of the transactions and 4% of the dollars.
• The average single family home sold price thru October is $3,603,097, a decrease of 14% from full year 2012
• The median single family home sold price thru October is $2,268,000, a decrease of 19% from full year 2012
• Interval dollar volume for October was up 59% from October 2012, with a total of $7 million
• Interval transaction volume for October was up 112% from October 2012, with a total of 36
• Interval transaction breakdown for October: Hyatt Grand Aspen – 11, Innsbruck – 8, Dancing Bear – 3, Timbers Club – 3, Ritz Carlton – 3, Roaring Fork Club Suites -2, Sanctuary – 2, St Regis – 1, Roaring Fork Club PUD – 1, Shadow Mountain Lodge -1, and Residences at Snowmass Club – 1.
• Through October, interval dollar volume totals $65,841,900, an increase of 31% from same period 2012
• Through October, interval transaction volume totaled 854, an increase of 594% from same period 2012
• Buyer profile through October: 76% were out of state (domestic), 20% were Local, 2% were International, and 1% Front Range
• Loan info for October – all property types: 62% cash sales and 38% were financed.