Market Data
For the Geography of the Practice
Residential statistics for the towns of the Colorado River, Crystal River, Roaring Fork River, and White River Valleys, compiled from Aspen/Glenwood MLS data.
Figure One
Median Sale Price
Heavy line is the trailing twelve-month median, which is the readable signal in markets this thin. Light points are individual monthly medians — where they scatter widely, the month had few sales and the monthly figure carries little weight. The line is dashed across the opening months, where fewer than twelve months of sales sit behind the figure. Each panel is scaled to its own town; compare shapes, not heights.
Figure Two
Closed Sales
Transaction counts by month. These numbers set the limit on what any other statistic here can support: a median drawn from three sales is an observation, not a trend.
Figure Three
Every Sale, and the Median Through It
Each faint mark is one closed transaction, plotted at its closing date against its price. The heavy lines are trailing twelve-month medians. Showing both together makes the honest point that neither shows alone: how much of the market a median actually represents. Where a town's marks cluster tightly around its line, the median describes the market well. Where they scatter across a decade of price, it describes very little.
The vertical scale is logarithmic. Aspen's median runs more than eighteen times Parachute's, and on a linear axis nine of these twelve towns would sit within the bottom five percent of the plot. On a log axis equal vertical distance means equal percentage change, so slopes are directly comparable across towns.
Marks are semi-transparent; darker areas are many sales at similar prices. Median lines run the full twenty-four months. They are dashed through the opening stretch, where fewer than twelve months of sales sit behind each figure, and solid once a complete twelve-month window has formed.
Based on information from the Aspen/Glenwood MLS for the period — through —.
Information is deemed reliable but is not guaranteed. Statistics compiled by Bracher Appraisal, LLC. Figures reflect closed residential transactions reported to the Aspen/Glenwood MLS and do not include unreported or off-market transfers.
This page reports market-level statistics for general information. It is not an appraisal, does not express an opinion of value as to any particular property, and may not be relied upon as such. For an opinion of value, an appraisal assignment is required.
Notes on Numbers
The scatter in Figure Three is worth more attention than the medians drawn through it. In Rifle, Silt, New Castle, and Meeker the marks cluster within a narrow band, and the median describes the market reasonably well: half of Rifle's sales over the past year fell between $398,000 and $624,000, and the year as a whole ran from $85,000 to $1.5 million. Aspen and Snowmass Village are dispersed on another order entirely. Aspen's middle half spanned $2.9 million to $12.9 million, and its full year ran from $400,000 to $58.3 million — a range of better than one hundred and forty to one. A median is a poor summary of a market that dispersed, and a valuation problem in that range is answered by specific comparable sales rather than by any market-wide figure.
One limitation applies throughout. These are medians of unadjusted closed sale prices, not a constant-quality index. They report what sold, not what a given property is worth, and a median can move without any underlying change in value if the composition of sales shifts. These are data observations and in no way constitute an opinion of value.