Garfield County Market Stats 2012

Summary for the month of November 2012

  • $70,112,013 – total dollars for November, a decrease of 44% from November 2011
  • 65 – total transactions for November, an increase of 14% from November 2011
  • There were few upper-end home sales in November, which contributed to the reduced dollar volume for the month
  • Through November, dollars total $1,222,651,147, an increase of 2.5% from same time period last year
  • Through November, transactions total 659, a decrease of 6% from same time period last year
  • Aspen posted 25 transactions ($48.7 million), Snowmass Village 19 ($9.7 million), Interval Units 9 ($910,000), Basalt 5 ($2.1 million), Woody Creek 3 ($7.4 million), Redstone 2 ($667,000), Old Snowmass 1 ($360,000), and Carbondale 1 ($339,000)
  • There were 5 bank sales in November totaling $1.4 million.  This accounted for 2% of the total volume and 8% of the transactions
  • Bank Sale breakdown:  3 Snowmass (Zone 2), 1 Old Snowmass (Zone 4) and 1 Interval Unit
  • Through November, there have been a total of 41 bank sales totaling $36 million.  This accounts for 3% of the total dollar volume and 6% of the transactions
  • The average single family home sold price through November is $3,932,234, a decrease of 4% from full year 2011
  • The median single family home sold price through November is $2,687,500, an decrease of 4% from full year 2011
  • Interval dollar volume for November was down 74% from November 2011, with a total of $910,000
  • Interval transaction volume for November was down 18% from November 2011, with a total of 9
  • The decreased activity in interval sales for November also contributed to the reduced dollar volume for the month
  • Interval transaction breakdown for November: Hyatt Grand Aspen – 6, Innsbruck – 1, Ritz Carlton – 1, and Prospector – 1
  • Through November, interval dollar volume is down 41% from same period 2011 with a total of $50,998,019
  • Through November, there have been 132 interval transactions, a decrease of 34% from same time period 2011

 

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