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September 2007

Aspen Area Market Report


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    Sept 2005 Sept 2006 Sept 2007 % Change from 2006-2007
I. SOLD PRICE AVERAGE Year-to Date $1,065,351 $1,411,738 $1,575,612 12%
II. SOLD VOLUME Year-to-Date        
  Single Family Homes in Aspen $316,179,513 $503,355,875 $502,589,500 0%
  Vacant Lots in Aspen $71,961,800 $56,288,591 $102,599,642 82%
  Condos in Aspen $194,332,396 $215,279,279 $223,590,550 4%
III. SOLD IN ALL AREAS $845,597,673 $1,014,118,498 $1,147,513,533 7%
IV. LISTINGS- Year-to-Date        
  Total Number 1,805 1,459 1,500 33%
  Average List Price $1,782,022 $2,397,427 $3,191,263  
  Total Dollar Volume $3,216,551,285 $3,497,846,279 $4,786,895,155 39%
V. SINGLE FAM. HOMES UNDER CONTRACT IN ASPEN & SNOWMASS        
  Under $2,000,000 18 2 0  
  $2,000,000-$5,000,000 35 14 13  
  Above $5,000,000 16 4 20  
VI. TOTAL NUMBER UNDER CONTRACT AS OF THE DATE OF THIS REPORT 69 20 33  
VII. LIST vs. SOLD PRICE Year-to-Date 94.7% 95.2% 94.9% 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.