August Market Summary

Summary for the month of August

  • $90,403,628 – total dollars for the month, an increase of 21% from August 2010
  • 66 – total transactions for the month, an increase of 25% from August 2010
  • Through August, dollar volume totals $839,350,101 – up 16% from same time period 2010
  • Through August, transactions total 498 – up 13.7% from same time period 2010
  • Aspen led the county with 27 transactions ($66.4 million), Intervals followed with 17 transactions ($6.2 million), Snowmass Village had 12 transactions ($10.4 million), Basalt 5 ($4.3 million), Old Snowmass 2 ($2.7 million), Woody Creek 1 ($375,000)and $375,000, Redstone 1 ($10,000), The remaining transaction was a quit claim transfer totaling $10,300
  • There were 2 bank sales in the county in August, totaling $1.46 million.  This accounts for 1.6% of the dollars and 3% of the transactions
  • Through August, there have been 42 bank sales, totaling $28.6 million.  This accounts for 3.4% of the dollars and 8.4% of the transactions
  • The average sales price of a bank owned property (all areas, all types) through August is $650,549
  • The average single family home sold price through August totals $4,498,622, an increase of 4% from full year 2010
  • The median single family home sold price through August totals $2,650,000, a decrease of 17% from full year 2010
  • Fractional dollars for August totaled 46,163,900, an increase of 38% from August 2010
  • Fractional transactions for August totaled 17, an increase of 21% from August 2010
    • Ritz Carlton – 5, St. Regis – 3, Innsbruck ,Hyatt Grand Aspen, Residences at Little Nell, and Timbers – 2, and Shadow Mountain Lodge – 1
  • Through August, fractional dollars total $67,114,799, an increase of 7% from same time period 2010
  • Through August, fractional transactions total 151, an increase of 31% from same time period 2010
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