ASPEN The Aspen market showed mixed housing price
trends, with fewer sales but faster marketing
times. After the previous quarter drop, the
average sales size of a single family and condo
sale returned to more typical levels, rising 4.3% to
2,551 square feet from the year ago level. Aspen
did not experience the sharp rise in average
sales size that Snowmass Village did this quarter.
Median sales price declined 14.7% to $1,407,500
from the year ago quarter yet the remaining price
trend indicators moved higher…

SNOWMAN VILLAGE The mix of Snowmass Village sales shifted to
larger sized properties causing price trends to
rise. The average size of a sale jumped 27% to
2,655 square feet from the year ago quarter. As a
result, all price indicators moved higher. Average
price per square foot rose 9% to $779 over the
year ago quarter. Median sales price surged
83.2% and average sales price jumped 38.3%
respectively over the same period. The pace of
the market cooled when compared to the same
period a year ago as sales fell and inventory
expanded…