Roaring Fork Valley Market Statistics Through First Half of 2016
The Roaring Fork Valley real estate market peaked in 2015 and has shown a substantial reduction in volume for the first half of 2016. Aspen has felt the brunt of the slowdown. For the fist six months of this year, Aspen's dollar and transaction volumes are about half of what of what they were for the same period last year. The Snowmass Village numbers for the first half of this year are about the same as they were last year. Both Basalt and Carbondale are down about eighteen percent for the same comparative time periods.
It is hard to determine why there has been such a drastic drop in the numbers. A good guess would be that the high-end luxury home buyers are concerned about the anemic economic indicators like the flat-lined GDP. They may also be concerned about the two questionable candidates being offered in the upcoming presidential election. It is uncommon for both candidates to have such low truthful and trustworthy ratings.
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 that most closely match your requirements and desires, please do not hesitate to give Jack Gausnell a call at 970 309 3620 or drop him an email at jgausnell@RoaringForkRealty.com. Please Click Here to visit the Roaring Fork Realty website. Please see the detailed market statistics below.