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MARKET REPORT
~ASPEN AREA 2nd Quarter ~
End of June 2004

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    June 2002 June 2003 June 2004 % Change from 2003-2004
 
I. SOLD PRICE AVERAGE Year-to-Date $1,125,521 $872,069 $1,031,857 18%
 
II. SOLD VOLUME Year-to-Date
  Single Family Homes in Aspen $161,706,500 $116,133,600 $196,108,928  
  Vacant Lots in Aspen $22,110,000 $10,745,000 $23,465,500  
  Condos in Aspen $72,397,200 $58,098,850 $61,255,100  
 
III. SOLD IN ALL AREAS $532,371,517 $383,710,771 $664,516,223 73%
 
IV. LISTINGS-ASPEN AREA End-of-Month
  Total Number 2,286 2,328 2,198 -6%
  Average List Price 1,453,673 1,461,603 1,502,474 3%
  Total Dollar Volume 3,323,097,245 3,402,612,901 3,302,438,713 -3%
 
V. SINGLE FAMILY HOMES UNDER CONTRACT IN ASPEN & SNOWMASS
  Under 2,000,000 6 6 16  
  2,000,000-5,000,000 4 3 18  
  Above 5,000,000 2 4 3  
 
VI. TOTAL NUMBER UNDER CONTRACT AS OF THE DATE OF THIS REPORT 12 13 37 185%
VII. LIST vs. SOLD PRICE Year-to-Date (+) 92.3% (+) 90.9% (+) 89.8% -1%
 

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.