September 2022 market stats - Roaring Fork Valley
Main takeaways:
Days on the market +8.3%: The market is experiencing a slowdown, probably due to higher interest rates and a declining stock market.
New Listings -9.6% and affordability index -22%: The constraint on the offer keeps prices elevated. With interest rates doubling since last year, market conditions are crushing affordability.
Median price in Carbondale down 16.2%: Basalt Missouri Heights and Carbondale seem to be experiencing the fastest slowdown. From what I see on the ground, the slowdown is almost exclusively on the higher end of the price range. The lower end of the price range remains highly competitive.
Glenwood median price up 20.9%, Aspen up 24.3% Aspen, Snowmass, Glenwood are holding up strong.
Breakdown per town:
