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MARKET REPORT
~ASPEN AREA March 2004~
End of 1st Quarter

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    March 2002 March 2003 March 2004 % Change from 2003-2004
 
I. SOLD PRICE AVERAGE Year-to-Date $1,105,000 $974,179 $1,152,835 18%
 
II. SOLD VOLUME Year-to-Date
  Single Family Homes in Aspen $78,306,000 $69,331,600 $64,737,000  
  Vacant Lots in Aspen $8,275,000 $6,550,000 $2,455,000  
  Condos in Aspen $24,703,000 $33,020,150 $20,289,900  
 
III. SOLD IN ALL AREAS $216,761,000 $174,378,088 $ 263,999,420 $ 51%
 
IV. LISTINGS-ASPEN AREA End-of-Month
  Total Number 1,980 2,271 2,117 -7%
  Average List Price $1,491,000 1,559,676 1,425,822 -9%
  Total Dollar Volume $2,952,841,000 3,542,026,042 3,018,466,936 -15%
 
V. SINGLE FAMILY HOMES UNDER CONTRACT IN ASPEN & SNOWMASS
  Under 2,000,000 6 6 13  
  2,000,000-5,000,000 4 9 17  
  Above 5,000,000 5 7 4  
 
VI. TOTAL NUMBER UNDER CONTRACT AS OF THE DATE OF THIS REPORT 15 22 34 % 55
VII. LIST vs. SOLD PRICE Year-to-Date (+) 93.5% (+) 90.9% (+) 85.2% -6%
 

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.