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MARKET REPORT
~ASPEN AREA 3rd Quarter~
End of September 2004

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    September 2002 September 2003 September 2004 % Change from 2003-2004
 
I. SOLD PRICE AVERAGE Year-to-Date $1,095,033 $915,099 $1,065,727 16%
 
II. SOLD VOLUME Year-to-Date
  Single Family Homes in Aspen $ 216,609,000 $ 210,152,600 $ 314,099,528 49%
  Vacant Lots in Aspen $23,005,000 $24,065,000 $47,672,800 98%
  Condos in Aspen $94,098,200 $97,535,875 $120,791,600 24%
 
III. SOLD IN ALL AREAS $668,776,330 $698,488,611 $1,048,675,483 $50%
 
IV. LISTINGS-ASPEN AREA End-of-Month
  Total Number 2,444 2,366 2,156 -9% 2,167 2,024 1,825 -10%
  Average List Price 1,482,106 1,496,065 1,480,986 -1%
  Total Dollar Volume $3,622,268,179 $3,539,692,130 $3,193,007,866 -10%
 
V. SINGLE FAMILY HOMES UNDER CONTRACT IN ASPEN & SNOWMASS
  Under 2,000,000 9 12 13  
  2,000,000-5,000,000 11 11 38  
  Above 5,000,000 0 7 6  
 
VI. TOTAL NUMBER UNDER CONTRACT AS OF THE DATE OF THIS REPORT 20 30 47 57%
VII. LIST vs. SOLD PRICE Year-to-Date (+) 91.4% (+) 91.1% (+) 91.0% 0%
 

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.