ASPEN HOME PRICES Market Report
ASPEN HOME PRICES and Market Report
This week the median list price for Aspen, CO is $8,950,000 with the market action index hovering around 23. This is less than last month’s market action index of 24. Inventory has held steady at or around 170.
Market Action Index
The Market Action Index answers the question “How’s the
Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller’s Market
conditions. Below 30, conditions favor the buyer.
Slight Buyer’s Advantage
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing. CLICK ON THE LINK TO SIGN UP FOR UP TO DATE MARKET REPORTS. https://www.aspengloballuxury.com/aspen-real-estate-market-report/
Click here to see the most expensive home to sell in America https://www.inman.com/2019/01/23/the-most-expensive-home-in-america-just-sold-for-238m/