Snowmass Village, CO 81615

Wed Jul 24 2019 
This week the median list price for Snowmass Village, CO 81615 is $5,072,500 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 66. Click here to stay informed with the Snowmass Village market!

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.

 Today
 Last Month
100026

Slight Buyer's Advantage

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Snowmass Village market.
Median List Price
$5,072,500
Per Square Foot
$1,163
Days on Market
384
Price Decreased
20%
Price Increased
0%
Relisted
6%
Inventory
66
Median House Rent
 
Most Expensive   $26,000,000
Least Expensive   $1,295,000
Market Action Index 
Slight Buyer's Advantage
26
Avg 7-DayAvg 90-DayJul 2016Dec 2016Apr 2017Aug 2017Dec 2017Apr 2018Aug 2018Dec 2018Apr 2019$3.0M$3.5M$4.0M$4.5M$5.0M$5.5M$6.0M$6.5M$7.0M
 

Prices in this zip are remaining at a plateau, albeit significantly below the market’s peak. This week prices bumped down a bit, but not enough to indicate a resumed downward trend. Look for a persistent up-shift in the Market Action Index before we see prices significantly move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.