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Elliman Report: Aspen Sales 4Q 2016

Aspen housing price trends were mixed while sales activity remained just short of long-term averages. There were 58 condo and single-family sales in the fourth quarter, 24.7% below the prior year quarter but was only 4.9% below the fourth quarter decade average. Listing inventory declined 9.9% to 366 over the same period. The larger rate of decline for sales than inventory resulted in a slower moving market…

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Housing Notes by Jonathan Miller

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#Housing analyst, #realestate, #appraiser, podcaster/blogger, non-economist, Miller Samuel CEO, family man, maker of snow and lobster fisherman (order varies)
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Joined October 2007