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Pitkin County

2010 Sales Sheets: February , April , May

Summary for the Month of May 2010

  • $81,899,335 – total dollar volume – an increase of 27% from May 2009
  • 44 – total transactions – a decrease of 2% from May 2009
  • Year to date through May, dollar volume totals $458,426,532, an increase of 12.45% from same timeframe of 2009
  • YTD through May, transaction totals 294, an increase of 3.52% from same time period 2009
  • 21 transactions and $52.8 million took place in Aspen , 14 transactions and $8.6 million were interval units, 8 transactions and $17.9 million were in Snowmass, and 1 transaction for $2.7 million took place in Old Snowmass
  • There was one sale for the month in Pitkin County ( Aspen ) where a bank was listed as a grantor totaling $750,000, accounting for less than 1% of the total volume
  • For the year, there have been a total of 3 bank owned sales in Pitkin County , totaling $1.6 million, .35% of the total volume
  • The average single family sold price through May is $4.136 million, a decrease of 16% from full year 2009
  • The median single family sold price through May is $4.1 million, an increase of 30% from full year 2009
    • Please refer to page 4 of the PDF for additional detail by area and property type
  • Fractional activity for the month totaled $8.6 million, an increase of 10% over May 2009
  • Fractional transactions totaled 14, a decrease of 18% from May 2009
    • Residences at Little Nell – 5, Ritz Carlton at Highlands – 3, Hyatt Grand Aspen – 3, Residences at Snowmass Club – 2, Timbers - 1
  • YTD through May, fractional dollars total $37.5 million, a decrease of 72% from same time period 2009
  • YTD through May, fractional transactions total 71, a decrease of 52% from same time period 2009

Garfield County

2010 Sales Sheets: April , May , June

Summary for the Month of June 2010

  • $20,376,300 – total dollar volume, down 28% from June 2009
  • 68 – total transactions – the strongest month thus far in 2010, a decrease of 9% from June 2009
  • YTD through June, dollars total $108,111,600, an increase of 1.73% from same period last year
  • YTD through June transactions total 320, an increase of 15% from same period last year
  • Rifle reported the highest amount of transaction activity with 21 and $5 million in dollar volume, Glenwood Springs 15 - $4.6 million , Silt 10 - $2.96 million, Carbondale 9 - $3.95 million, New Castle 6 - $1.7 million, Battlement Mesa 5 - $1.2 million, and Parachute 2 - $990,000
  • Rifle, Glenwood Springs, and Carbondale all reported increases in transaction volume from the month of May
  • There were 11 sales in the month of June that listed a bank as the Grantor, totaling $2.4 million. This accounts for 11.8% of the total dollar volume and 16% of the transactions
    • 4 – Rifle, 3 – Silt, 2 – Carbondale
  • Through June there have been 45 sales with a bank as the Grantor, totaling $11.9 million. This accounts for 11% of the dollar volume and 14% of the transactions
  • The average single family sold price in Garfield County through June is $359,539 – a decrease of 13% from full year 2009
  • The median single family sold price through June is $286,250 – a decrease of 16% from full year 2009
    • Please refer to page 3 of the PDF for more detail by area and property type
  • Through the month of June, there have been 367 single family transactions, of those 73% have sold for $400,000 or less

Provided by Land Title Guarantee Company


John Ginn, President
(970) 948-2605
john@interwestrealty.com
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