2014 experienced a sluggish beginning with both Aspen and Carbondale having shown significant reductions in total dollar sales for the past six months compared to the same period the prior year. Aspen went down 39% Q1 2014 compared to the same quarter last year and went down 21% in Q4 of 2013. Carbondale went down 65% Q1 2014 compared to the same quarter last year and went down 37% Q4 2013. Snowmass Village went up 3.5% Q1 2014 compared to the same quarter last year and went up 39% in Q4 of 2013. Basalt went down 2% Q1 2014 compared to the same quarter last year and went up 7% Q4 2013. These statistics beg the question why was Q1 2014 such a bad quarter compared to the prior year? It is my opinion that there were two primary reasons why the first quarter was so bad. First, the inventory is low, so some prospects are waiting to find a property that is a direct hit for their requirements and desires. When the inventories are low this slows down the sales process. Second, there is a big disconnect between what sellers think is a fair price and what buyers think is a fair price. Many of the buyers still think we are in a strong buyer’s market and don’t want to buy unless they think they are getting a terrific deal. The market is in the process of making a shift from being a strong buyer’s market for the past several years to being a balanced market. Historically, such a shift takes a while to complete. During such a shift, sales slow down. The really good deals are not as plentiful as they were during the past couple of years, but there are still many to be found if your Realtor is is experienced in searching them out. My specialty has always been representing buyers, and my computer skills and three years on the MLS board of directors make me uniquely qualified to find the best deals available for my clients. Please find an updated spreadsheet below that shows last year's statistics as well as the Q1 2014 statistics.

Please do not hesitate to give me a call at 970 309 3620 or drop me an email at jgausnell@RoaringForkRealty.com if you would like for me to assist you in searching out one of the best deals available that matches your requirements and desires.

2014 Roaring Fork Valley Market Statistics

         
               

Town

2013 Q1

Number of

Average

2014 Q1

Number of

Average

% $ Change

 

$ Total

Trans

Trans Size

$ Total

Trans

Trans Size

Q1 2014

 

RE Trans

   

RE Trans

   

vs Q1 2013

               

Aspen

197,200,400

58

3,400,007

120,004,492

45

2,666,766

-39.15%

Snowmass Village

43,769,148

44

994,753

45,306,650

36

1,258,518

3.51%

Basalt

14,867,875

29

512,685

14,599,000

15

973,267

-1.81%

Carbondale

19,395,785

38

510,415

6,785,900

15

452,393

-65.01%

               

2013 Roaring Fork Valley Market Statistics

         
               

Town

2012 Q1

Number of

Average

2013 Q1

Number of

Average

% $ Change

 

$ Total

Trans

Trans Size

$ Total

Trans

Trans Size

Q1 2013

 

RE Trans

   

RE Trans

   

vs Q1 2012

               

Aspen

122,496,000

49

2,499,918

93,717,181

42

2,231,361

-23.49%

Snowmass Village

29,313,000

22

1,332,409

30,628,860

33

928,147

4.49%

Basalt

14,070,000

36

390,833

8,328,585

19

438,347

-40.81%

Carbondale

12,146,000

33

368,061

15,428,120

40

385,703

27.02%

               

Town

2012 Q2

Number of

Average

2013 Q2

Number of

Average

% $ Change

 

$ Total

Trans

Trans Size

$ Total

Trans

Trans Size

Q2 2013

 

RE Trans

   

RE Trans

   

vs Q2 2012

               

Aspen

211,227,738

67

3,152,653

197,200,400

58

3,400,007

-6.64%

Snowmass Village

47,448,967

33

1,437,847

43,769,148

44

994,753

-7.76%

Basalt

23,618,800

54

437,385

14,867,875

29

512,685

-37.05%

Carbondale

28,791,679

65

442,949

19,395,785

38

510,415

-32.63%

               

Town

2012 Q3

Number of

Average

2013 Q3

Number of

Average

% $ Change

 

$ Total

Trans

Trans Size

$ Total

Trans

Trans Size

Q3 2013

 

RE Trans

   

RE Trans

   

vs Q3 2012

               

Aspen

204,996,270

68

3,014,651

 232,454,852

74

3,141,282

13.39%

Snowmass Village

20,884,000

11

1,898,545

77,661,800

40

1,941,545

271.87%

Basalt

23,618,800

45

524,862

  20,932,200

34

615,653

-11.37%

Carbondale

18,374,500

42

437,488

29,042,123

52

558,502

58.06%

               

Town

2012 Q4

Number of

Average

2013 Q4

Number of

Average

% $ Change

 

$ Total

Trans

Trans Size

$ Total

Trans

Trans Size

Q4 2013

 

RE Trans

   

RE Trans

   

vs Q4 2012

               

Aspen

247,535,000

59

4,195,508

195,326,311

62

3,150,424

-21.09%

Snowmass Village

33,366,050

31

1,037,130

46,270,900

29

1,595,548

38.68%

Basalt

25,826,780

47

549,506

19,935,626

34

586,342

6.70%

Carbondale

18,374,500

42

437,488

11,537,425

23

501,627

-37.21%

               

Town

2012

Number of

Average

2013

Number of

Average

% $ Change

 

$ Total

Trans

Trans Size

$ Total

Trans

Trans Size

2013 vs

 

RE Trans

   

RE Trans

   

2012

               

Aspen

745,453,840

223

3,342,842

718,698,744

236

3,045,334

-3.59%

Snowmass Village

115,385,017

83

1,390,181

152,059,843

179

849,496

31.78%

Basalt

83,964,152

167

502,779

64,064,286

116

552,278

-23.70%

Carbondale

89,676,664

177

506,648

75,403,453

153

492,833

-15.92%