ASPEN — The inventory of homes and condominiums on the real estate market in the Roaring Fork Valley has hit a level rarely, if ever, matched before, according to veteran real estate agents. A total of 541 single-family homes were listed for sale between Jan. 1 and July 7 in Aspen, Snowmass Village, Basalt, Carbondale and Glenwood Springs, according to research by a mid-Valley broker… That is a 47% increase from the 368 listings over the same period in 2005, a strong year for the valley’s market. …The growing inventory suggests the recovery of the market will be delayed and that there may even be more “softening” this summer, “We’re seeing more listings as the recession” continues, another Aspen broker said.
By Scott Condon, July 9, 2009 Aspen Times
Link to article