The second quarter of this year showed a major increase in Aspen real estate sales in both dollar volume and transaction volumes over the same quarter last year. Dollar volume was up 181% and transaction volumes were up 142%. Aspen sales volumes peaked in the third and fourth quarters of 2015 (see spreadsheet below) and dropped off the edge of a cliff at the beginning of 2016. This past quarter showed the Aspen market is back in full force. It seems as though the big money had little confidence in the economy and the stock market going into the 2016 presidential election and their confidence has shown a resurgence since the election. Snowmass Village and Basalt showed minor changes in dollar volumes and transaction volumes for the second quarter while Carbondale showed a significant increase of 45% for dollar volume and 26% in transaction volume. Both Aspen and Carbondale showed significant increases in average transaction dollars (Aspen up 16% and Carbondale up 15%) while Snowmass Village and Basalt showed significant decreases (Snowmass Village down 21% and Basalt down 14%).
If you would like to work with someone that understands the market dynamics of the Roaring Fork Valley and has the skill set to find the best deals, please do not hesitate to give Jack Gausnell a call at 970 309 3620 or drop him an email at jgausnell@RoaringForkRealty.com. Jack has over twenty years of Roaring Fork Valley real estate broker experience. Please Click Here to visit the Roaring Fork Realty website.