More Properties, Fewer Dollars Exchange Hands in 2013 Pitkin County
The first half of 2013 is in the books, and Pitkin County real estate figures are showing that more properties are being sold compared to 2012, but for less dollars, according to a report released by Land Title Guarantee Company. There were 369 transactions by the end of June, which is 10 percent more than year-to-date in 2012. But, the total volume in sales, $520.7 million, was down 12 percent.
That year-to-date figure is the lowest its been in three years, but still well above the $471 million low it hit in 2009. However, in keeping with the trends from the last couple of years, the number of year-to-date transactions in 2013 is higher than in 2009 (331), 2010 (344) and 2012 (334).
A $27 million property on Midnight Mine Rd. was the highest price sale for June 2013. The average price for single-family home in Aspen dropped from $6 million to $5.2 million and from $3.6 million to $2.1 million in Snowmass, according to the report. For June, there were 26 transactions in Aspen ($79.7 million), 14 in Snowmass Village ($9.8 million), fractional or interval units had six, ($2.1 million), Basalt four ($4.9 million), Woody Creek two ($5 million), Carbondale one ($360,000), and Old Snowmass one ($89,000).
The full report can be viewed here.
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