As of this writing in June 2009, according to the Aspen/Glenwood Springs Board of Realtors®, both Aspen and Snowmass Village have available inventory levels as follows:

Aspen Single Family and Half-Duplexes:                                   246

Aspen Condominiums and Townhomes:                                  270

Snowmass Village Single Family and Half-Duplexes:              71

Snowmass Village Condominiums and Townhomes:            130

Of the total Aspen/Snowmass Village homes and half-duplexes currently for sale, the breakdown by price category is as follows:

$1,000,000- $5,000,000                                                                135

$5,000,000-$10,000,000                                                              124

$10,000,000-$20,000,000                                                              42

Over $20,000,000                                                                             15

When considering condominiums or townhomes, the breakdown by price category (excluding fractional properties) is as follows:

$Under $500,000                                                                             31

$500,000 to $1,000,000                                                               140

$1,000,000-$2,500,000                                                                157

$2,500,000-$6,000,000                                                                  59

$6,000,000-$10,000,000                                                                  9

Over $10,000,000                                                                              6

When reviewing the residential prices in our area, it should come as no surprise that more than 75 percent of our buyers pay cash for their purchase here. That being said, however, jumbo loans are available to qualified buyers. Some sellers are also offering owner financing as well. Some buyers are refinancing their primary residences back home in order to use the funding on purchases here. The following lender is a good source to contact for local financing:  www.wellsfargo.com/mortgage. For more information on specifics within the price categories mentioned above, please feel free to call me or go to www.sdsrealestate.com/search.php.