Nestled in the mountains and serving as a popular skiing and snowboarding destination, Snowmass, Colorado only has a year-round population of about 2,800 people. And this is a big part of what makes it an outdoor lover's paradise and an ideal living destination for winter sports

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By Tim Estin mba, gri | Previews Specialist | 970.920.7387 | Coldwell Banker Mason Morse Aspen released April 20, 2013 v9.4

Click image or link to exec. summary and full report pdf

The report documents sales and market activity for the 1st Quarter 2013 (Jan. 1 - Mar. 31) for the upper Roaring Fork Valley - Aspen, Snowmass Village, Woody [...]

"December 2012 was the best performing December in total dollar sales for Aspen and Snowmass Village combined since Dec. 2006; it was also the best single performing month in total dollar and unit sales for Aspen and Snowmass Village combined since Oct. 2007. Capital gains, gift and estate tax changes planned for 2013 likely fueled a number of these transactions before the end of the year and trumped the uncertainty caused by the fiscal cliff debate."

State of the Aspen Market, Q3 2012 Excerpt: "The 3rd Quarter 2012 proved to be remarkably strong in general but especially in the sales of Aspen single family homes. While Aspen total dollar sales account for 83% of the entire Aspen and Snowmass Village dollars combined, Aspen single family homes sales account for a whopping 56% of the total combined market dollars. Sales of Aspen homes were up 46% in dollar volume and 22% in unit sales for the 3rd Quarter over the same period last year. Single family home pricing pressure appears to have eased through the 3rd Quarter 2012: median prices, generally a more accurate indicator of pricing trends as average prices can be skewed disproportionately by very high or low sold prices, are up marginally, 3% , to $3.8M in Q3 2012 versus $3.7M last year same time; single family home price per sq ft increased +13% to $1,013 sf in Q3 2012 from $899 sf same time last year arresting the downward trend of the past 4 years. Both metrics median prices and price per sq ft can be seen as positive signs of home price stabilization."