Released Jan 9, 2017 v2.0

010217 Estin Report Dec 2016 Snapshot Aspen SMV Real Estate v1.5

Summary Table

Dec 2016 Aspen and Snowmass

Real EstateMarket Snapshot

(Click Table above for full 10 Pg PDF)


Bottom Line

i am working on my end end of the year report, 4th Quarter & Year 2016 State of the Aspen Market and will save bottom line comments for that. In the meantime, see the Nov and Oct 2016 market Snapshots for bottom line commentary.

December 2016 Market Statistics Summary for Aspen Only *

Aspen condo sales December 2016

Unit Sales: -46% (7) in December ‘16 from (13) in December ‘15
Dollar Sales: -46% $13M in December ‘16 from $24M in December ‘15
Inventory Active Listings: -23% (155) in December ‘16 from (200) in December ‘15

Aspen condo sales December 2016 YTD

Unit Sales: -28% (129) in December ‘16 YTD from (179) in December ‘15 YTD
Dollar Sales: -27% $268M in December ‘16 YTD from $367M in December ‘15 YTD
Inventory Active Listings: -23% (155) in December ‘16 YTD from (200) in December ‘15 YTD

Aspen Single family home sales December 2016

Unit Sales: -10% (9) in December ‘16 from (10) in December ‘15
Dollar Sales: -52% $48M in December ‘16 from $99M in December ‘15
Inventory Active Listings: +21% (176) in December ‘16 from (146) in December ‘15

Aspen Single family home sales December 2016 YTD

Unit Sales: -47% (111) in December ‘16 YTD from (59) in December ‘15 YTD
Dollar Sales: -55% $362M in December ‘16 YTD from $809M in December ‘15 YTD
Inventory Active Listings: +21% (176) in December ‘16 YTD from (146) December ‘15 YTD

* Typically, the Aspen market represents 70-75% of the total combined Aspen Snowmass Village real estate marketplace.

Links to Dec 2016 Aspen and Snowmass Village Sold Property Photos and Details

Aspen Dec 2016 Closed Properties (16).This link is valid until 2/1/2017.

Snowmass Village Dec 2016 Closed Properties (15).This link is valid until 2/1/2017.

Vacant Lots Dec 2016 Closed Properties (2).This link is valid until 2/1/2017.

Disclaimer:The statements made in The Estin Report and on Aspen broker Tim Estin’s blog represent the opinions of the author and should not be relied upon exclusively to make real estate decisions. They do not represent the opinions or statements of Aspen Snowmass Sothebys International Real Estate. A potential buyer and/or seller is advised to make an independent investigation of the market and of each property before deciding to purchase or to sell. To the extent the statements made herein report facts or conclusions taken from other sources, the information is believed by the author to be reliable, however, the author makes no guarantee concerning the accuracy of the facts and conclusions reported herein. Information concerning particular real estate opportunities can be requested from Tim Estin at 970.309.6163 or by email. The Estin Report is copyrighted 2017 and all rights reserved. Use is permitted subject to the following attribution with a live link to the source: “TheEstin Reporton Aspen Real Estate.”

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