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Aspen Area Market Report
March 2005
End of 1st Quarter

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    March 2003 March 2004 March 2005 % Change from 2004-2005
I. SOLD PRICE AVERAGE Year-to Date $974,179 $1,152,835 $1,145,820 -1%
 
II. SOLD VOLUME Year-to-Date
  Single Family Homes in Aspen $69,331,600 $64,737,000 $68,823,000 6%
  Vacant Lots in Aspen $6,550,000 $2,455,000 $16,056,500 554%
  Condos in Aspen $33,020,150 $20,289,900 $43,971,260 117%
 
II. SOLD IN ALL AREAS $174,378,088 $263,999,420 $336,871,341 28%
 
IV. LISTINGS- Aspen Area Year-to-Date
  Total Number 2,271 2,117 1,856 -12%
  Average List Price $1,559,676 $1,425,822 $1,570,687 10%
  Total Dollar Volume $3,542,026,042 $3,018,466,936 $2,915,195,354 -3%
 
V. SINGLE FAMIL HOME UNDER CONTRACT IN ASPEN & SNOWMASS
  Under $2,000,000 6 13 20  
  $2,000,000-$5,000,000 9 17 37  
  Above $5,000,000 7 4 7  
 
VI. TOTAL NUMBER UNDER CONTRACT 22 34 64 88%
 
VII. LIST vs. SOLD PRICE Year-to-Date 90.9% 85.2% 92.4% 8%
 

Note: Information contained herein deemed reliable but not guaranteed and is compiled by the Aspen Board of Realtors Multiple Listing Service. “All categories” includes Aspen, Snowmass Village, Basalt, Carbondale and those areas in between.