Looking at the real estate market in Snowmass Village, one might assume that the inventory levels are next to nothing, however, there were 45 Single Family Home Sales in 2018. One of the most interesting factors of this years Market indicated that there were (11) Homes Sales that ranged from $4m – $9.550m, and (34) Homes sales that ranged from $1m – $4m.
This is a Market indicator in Snowmass Village:
- 76% of the Home Sales this Year were between $1m – $4m in value.
- Only 24% of the Home Sales this Year were between $4m – 9.550m in value.
- There were only (11) Single Home Sales from $4m – $9.550m.
- There were (34) Single Home Sales from $4m – $1m.
Price Analysis: $1m – $4m
| MLS # | Address | List Price | DOM | Sold Date | Sold Price | Total Adjustments | Adjusted Price |
| 147944 | 1041 Horse Ranch Drive, Snowmass Village CO | $4,350,000 | 420 | 05/04/2018 | $3,983,000 | – | $3,983,000 |
| 144289 | 1364 Horse Ranch Drive, Snowmass Village CO | $3,995,000 | 640 | 03/15/2018 | $3,860,000 | – | $3,860,000 |
| 152689 | 1301 Horse Ranch Drive, Snowmass Village CO | $3,775,000 | 94 | 07/16/2018 | $3,725,000 | – | $3,725,000 |
| 155005 | 269 Branding Lane, Snowmass Village CO | $3,700,000 | 71 | 09/07/2018 | $3,500,000 | – | $3,500,000 |
| 149428 | 732 Faraway Road, Snowmass Village CO | $2,950,000 | 227 | 01/22/2018 | $2,960,000 | – | $2,960,000 |
| 151681 | 332 Branding Lane, Snowmass Village CO | $2,995,000 | 276 | 09/06/2018 | $2,892,000 | – | $2,892,000 |
| 154539 | 85 Maple Ridge Lane, Snowmass Village CO | $2,997,500 | 92 | 09/14/2018 | $2,828,000 | – | $2,828,000 |
| 151069 | 30 Oak Ridge Road, Snowmass Village CO | $2,995,000 | 170 | 03/22/2018 | $2,800,000 | – | $2,800,000 |
| 151203 | 124 Trail Rider Lane, Snowmass Village CO | $2,999,000 | 212 | 05/10/2018 | $2,775,000 | – | $2,775,000 |
| 148192 | 285 Branding Lane, Snowmass Village CO | $2,999,000 | 267 | 12/20/2017 | $2,700,000 | – | $2,700,000 |
| 147301 | 358 Maple Ridge Lane, Snowmass Village CO | $2,795,000 | 580 | 06/26/2018 | $2,680,000 | – | $2,680,000 |
| 147976 | 144 Bridge Lane, Snowmass Village CO | $2,950,000 | 515 | 08/17/2018 | $2,600,000 | – | $2,600,000 |
| 149453 | 49 Elk Ridge Lane, Snowmass Village CO | $2,395,000 | 390 | 06/28/2018 | $2,225,000 | – | $2,225,000 |
| 136969 | 462 Maple Ridge Lane, Snowmass Village CO | $2,350,000 | 1143 | 01/25/2018 | $2,212,677 | – | $2,212,677 |
| 151954 | 61 Oak Ridge Lane, Snowmass Village CO | $2,225,000 | 67 | 02/22/2018 | $2,200,000 | – | $2,200,000 |
| 152491 | 177 Stellar Lane, Snowmass Village CO | $2,195,000 | 65 | 04/23/2018 | $2,115,000 | – | $2,115,000 |
| 150050 | 459 Ridge Road, Snowmass Village CO | $2,495,000 | 165 | 12/22/2017 | $2,065,000 | – | $2,065,000 |
| 150059 | 202 Lemond Place, Snowmass Village CO | $2,195,000 | 455 | 10/01/2018 | $2,037,500 | – | $2,037,500 |
| 145389 | 156 Sinclair Road, Snowmass Village CO | $2,199,000 | 908 | 11/09/2018 | $2,015,871 | – | $2,015,871 |
| 152157 | 400 Fairway Drive, Snowmass Village CO | $2,075,000 | 71 | 03/20/2018 | $1,987,500 | – | $1,987,500 |
| 154256 | 31 Martingale Lane, Snowmass Village CO | $2,079,000 | 115 | 09/21/2018 | $1,985,000 | – | $1,985,000 |
| 151470 | 211 Deer Ridge Lane, Snowmass Village CO | $1,945,000 | 63 | 12/29/2017 | $1,850,000 | – | $1,850,000 |
| 151001 | 74 Martingale Lane, Snowmass Village CO | $1,959,000 | 179 | 03/23/2018 | $1,785,000 | – | $1,785,000 |
| 149307 | 328 Oak Ridge Road, Snowmass Village CO | $1,795,000 | 192 | 12/14/2017 | $1,600,000 | – | $1,600,000 |
| 154809 | 161 Fairway Drive, Snowmass Village CO | $1,600,000 | 5 | 06/27/2018 | $1,600,000 | – | $1,600,000 |
| 151223 | 198 Bridge Lane, Snowmass Village CO | $3,400,000 | 168 | 04/30/2018 | $1,575,000 | – | $1,575,000 |
| 151528 | 66 Emmy Lane, Snowmass Village CO | $1,849,000 | 365 | 10/30/2018 | $1,570,000 | – | $1,570,000 |
| 155040 | 351 Meadow Road, Snowmass Village CO | $1,650,000 | 115 | 10/24/2018 | $1,525,000 | – | $1,525,000 |
| 150910 | 838 Sinclair Road, Snowmass Village CO | $1,595,000 | 309 | 07/23/2018 | $1,350,000 | – | $1,350,000 |
| 153106 | 206 Meadow Road, Snowmass Village CO | $1,425,000 | 279 | 09/12/2018 | $1,350,000 | – | $1,350,000 |
| 153801 | 161 Fairway Drive, Snowmass Village CO | $1,276,500 | 1 | 05/02/2018 | $1,276,500 | – | $1,276,500 |
| 151736 | 70 Meadow Ranch Road, Snowmass Village CO | $1,270,000 | 68 | 01/30/2018 | $1,225,000 | – | $1,225,000 |
| 152547 | 20 Meadow Ranch Road, Snowmass Village CO | $1,250,000 | 58 | 04/04/2018 | $1,215,000 | – | $1,215,000 |
| 153827 | 336 Fairway Drive, Snowmass Village CO | $1,100,000 | 52 | 04/30/2018 | $1,100,000 | – | $1,100,000 |
| 155757 | 90 Meadow Ranch, Snowmass Village CO | $1,050,000 | 84 | 10/22/2018 | $1,000,000 | – | $1,000,000 |
Low, Average, Median, and High Comparisons
| Closed | Overall | |
| Low | $1,000,000 | $1,000,000 |
| Average | $2,176,230 | $2,176,230 |
| Median | $2,037,500 | $2,037,500 |
| High | $3,983,000 | $3,983,000 |
Overall Market Analysis (Unadjusted)
| Status | # | List Vol. | Avg. List Price | Sold Vol. | Avg. Sold Price | Avg. Sale/List Price | Avg. Total SqFt | Avg. List $/Total SqFt | Avg. Sold $/Total SqFt | Avg. DOM |
| Closed | 35 | 82,873,000 | 2,367,800 | 76,168,048 | 2,176,230 | 0.93 | 3,291 | 723.24 | 667.64 | 254 |
| Overall | 35 | 82,873,000 | 2,367,800 | 76,168,048 | 2,176,230 | 0.93 | 3,291 | 723.24 | 667.64 | 254 |
Comparable Properties: $4m – $9.550m
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Subject | 145161 | 146928 | 146970 | |||||
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| 5941 Lake Wildcat Road Snowmass Village CO |
189 Pinon Drive Snowmass Village CO |
328 Deer Ridge Lane Snowmass Village CO |
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| List Price | $12,900,000 | $9,500,000 | $4,795,000 | ||||||
| Original List Price | $21,500,000 | $10,500,000 | $4,895,000 | ||||||
| Sold Price | $9,000,000 | $7,800,000 | $4,400,000 | ||||||
| Status | Closed | Closed | Closed | ||||||
| Status Date | 08/31/2018 | 09/05/2018 | 01/16/2018 | ||||||
| Days on Market | 745 | 560 | 398 | ||||||
| Bedrooms | 9 | 5 | 4 | ||||||
| Total Baths | 12 | 6 | 5 | ||||||
| Total SqFt | 13,065 | 5,683 | 4,905 | ||||||
| Lot Size | Refer to Acreage | 43,001 – 65,000 | Refer to Acreage | ||||||
| Nbr of Acres | 501 | 1.37 | 0.9 | ||||||
| HOA Transfer Fee | Yes | No | No | ||||||
| Year Built | 2002 | 1993 | 1990 | ||||||
| Seller Concessions | No | No | No | ||||||
| Leed for Homes | |||||||||
| Price | $9,000,000 | $7,800,000 | $4,400,000 |
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Subject | 154331 | 147820 | 149474 | |||||
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| 1496 Wood Road Snowmass Village CO |
0381 Pine Crest Pines Lot #47 Drive Snowmass Village CO |
353 Terrace Drive Snowmass Village CO |
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| List Price | $5,495,000 | $7,250,000 | $4,795,000 | ||||||
| Original List Price | $5,495,000 | $9,250,000 | $4,995,000 | ||||||
| Sold Price | $5,495,000 | $5,900,000 | $4,500,000 | ||||||
| Status | Closed | Closed | Closed | ||||||
| Status Date | 05/31/2018 | 10/05/2018 | 04/06/2018 | ||||||
| Days on Market | 19 | 582 | 519 | ||||||
| Bedrooms | 5 | 4 | 5 | ||||||
| Total Baths | 7 | 5 | 6 | ||||||
| Total SqFt | 5,040 | 5,478 | 4,455 | ||||||
| Lot Size | 43,001 – 65,000 | 43,001 – 65,000 | 32,001 – 43,000 | ||||||
| Nbr of Acres | 1.28 | 1.56 | 0.75 | ||||||
| HOA Transfer Fee | No | No | No | ||||||
| Year Built | 1976 | 2000 | 2017 | ||||||
| Seller Concessions | No | No | No | ||||||
| Leed for Homes | |||||||||
| Price | $5,495,000 | $5,900,000 | $4,500,000 |
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Subject | 151962 | 152096 | 152098 | |||||
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| 950 Horse Ranch Drive Snowmass Village CO |
1061 Two Creeks Drive Snowmass Village CO |
180 Saddleback Lane Snowmass Village CO |
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| List Price | $4,550,000 | $11,750,000 | $6,500,000 | ||||||
| Original List Price | $4,550,000 | $11,750,000 | $6,500,000 | ||||||
| Sold Price | $4,100,000 | $9,550,000 | $5,950,000 | ||||||
| Status | Closed | Closed | Closed | ||||||
| Status Date | 06/14/2018 | 05/16/2018 | 04/20/2018 | ||||||
| Days on Market | 184 | 511 | 899 | ||||||
| Bedrooms | 4 | 6 | 5 | ||||||
| Total Baths | 5 | 8 | 7 | ||||||
| Total SqFt | 4,407 | 6,300 | 6,236 | ||||||
| Lot Size | 22,001 – 32000 | Refer to Acreage | Unknown | ||||||
| Nbr of Acres | 0.53 | 1.17 | 1.34 | ||||||
| HOA Transfer Fee | No | Yes | No | ||||||
| Year Built | 2007 | 2017 | 2016 | ||||||
| Seller Concessions | No | No | No | ||||||
| Leed for Homes | |||||||||
| Price | $4,100,000 | $9,550,000 | $5,950,000 |
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Subject | 152929 | |||||||
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| 107 Baby Doe Lane Snowmass Village CO |
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| List Price | $6,795,000 | ||||||||
| Original List Price | $6,795,000 | ||||||||
| Sold Price | $5,700,000 | ||||||||
| Status | Closed | ||||||||
| Status Date | 10/30/2018 | ||||||||
| Days on Market | 236 | ||||||||
| Bedrooms | 5 | ||||||||
| Total Baths | 6 | ||||||||
| Total SqFt | 4,200 | ||||||||
| Lot Size | Unknown | ||||||||
| Nbr of Acres | 0.5 | ||||||||
| HOA Transfer Fee | No | ||||||||
| Year Built | 1996 | ||||||||
| Seller Concessions | No | ||||||||
| Leed for Homes | |||||||||
| Price | $5,700,000 |
CMA Prepared by Erik Anthony Cavarra
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Price Analysis
| MLS # | Address | List Price | DOM | Sold Date | Sold Price | Total Adjustments | Adjusted Price |
| 152096 | 1061 Two Creeks Drive, Snowmass Village CO | $11,750,000 | 511 | 05/16/2018 | $9,550,000 | – | $9,550,000 |
| 145161 | 5941 Lake Wildcat Road, Snowmass Village CO | $12,900,000 | 745 | 08/31/2018 | $9,000,000 | – | $9,000,000 |
| 146928 | 189 Pinon Drive, Snowmass Village CO | $9,500,000 | 560 | 09/05/2018 | $7,800,000 | – | $7,800,000 |
| 152098 | 180 Saddleback Lane, Snowmass Village CO | $6,500,000 | 899 | 04/20/2018 | $5,950,000 | – | $5,950,000 |
| 147820 | 0381 Pine Crest Drive Pines Lot #47, Snowmass Village CO | $7,250,000 | 582 | 10/04/2018 | $5,900,000 | – | $5,900,000 |
| 152929 | 107 Baby Doe Lane, Snowmass Village CO | $6,795,000 | 236 | 10/29/2018 | $5,700,000 | – | $5,700,000 |
| 154331 | 1496 Wood Road, Snowmass Village CO | $5,495,000 | 19 | 05/31/2018 | $5,495,000 | – | $5,495,000 |
| 149474 | 353 Terrace Drive, Snowmass Village CO | $4,795,000 | 519 | 04/05/2018 | $4,500,000 | – | $4,500,000 |
| 146970 | 328 Deer Ridge Lane, Snowmass Village CO | $4,795,000 | 398 | 01/16/2018 | $4,400,000 | – | $4,400,000 |
| 151962 | 950 Horse Ranch Drive, Snowmass Village CO | $4,550,000 | 184 | 06/13/2018 | $4,100,000 | – | $4,100,000 |
Low, Average, Median, and High Comparisons
| Closed | Overall | |
| Low | $4,100,000 | $4,100,000 |
| Average | $6,239,500 | $6,239,500 |
| Median | $5,800,000 | $5,800,000 |
| High | $9,550,000 | $9,550,000 |
Overall Market Analysis (Unadjusted)
| Status | # | List Vol. | Avg. List Price | Sold Vol. | Avg. Sold Price | Avg. Sale/List Price | Avg. Total SqFt | Avg. List $/Total SqFt | Avg. Sold $/Total SqFt | Avg. DOM |
| Closed | 10 | 74,330,000 | 7,433,000 | 62,395,000 | 6,239,500 | 0.87 | 5,977 | 1,268.44 | 1,089.33 | 465 |
| Overall | 10 | 74,330,000 | 7,433,000 | 62,395,000 | 6,239,500 | 0.87 | 5,977 | 1,268.44 | 1,089.33 | 465 |
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