The real estate market in Pitkin County has so far seen more transactions but fewer dollars than last year. April saw the strongest showing this year both in terms of total dollar volume — nearly $111.27 million — and transactions — 72. Those are increases of 12 percent and 12.5 percent over last year, respectively.
But year to date, dollars total $302,616,418 — a decrease of 12.5 percent from same period last year, according to the latest Land Title Guarantee Company market analysis that Tammy Sommerfeld sent out to brokers. Year to date, transactions total 240, an increase of 13 percent from same period last year, the report shows.
For the month, Aspen posted 30 transactions ($71.5 million), Snowmass Village posted 23 transactions ($23 million), there were 12 fractional transactions ($3.4 million), Basalt posted four sales ($1.3 million), Old Snowmass posted two transactions ($9 million), and Woody Creek posted one transaction ($3.15 million). There were 13 bank sales recorded in the county for May totaling $10.5 million, which accounted for 18 percent of the transactions and 9 percent of the dollars. Year to date, there have been 44 bank sales recorded in the county, totaling $27.6 million, which accounted for 18 percent of the transactions and 9 percent of the dollars.
Stewart Seeligson’s business education and diverse real estate experience set him apart from other real estate brokers in the Telluride region.