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December 3, 2008
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Colorado > Basalt


Market Conditions Summary for Basalt, Colorado


Reported by

Jack G. Gausnell
as of 11/1/2008:
Basalt - Pitkin/Eagle County The Basalt real estate market has experienced a significant amount of appreciation over the past couple of years. With the consistent price increases that were being experienced in Aspen/Snowmass, many second home... MORE->
About Jack G. Gausnell

Reported by

Brenda Wild
as of 10/2/2008:
Real estate has seen a substantial slow down as this market is dictated more by the mortgage industry than Aspen. There are great opportunities to purchase condos or single family homes in the mid $500,000 to $900,000 range. There is a great... MORE->
About Brenda Wild

Reported by

Jerome Sarge Whalen
as of 5/15/2008:
At this point most Sellers are resisting listing homes below the price of the last sale. This is fine because the area is not burdened with foreclosures that would bring the market down. However, the number of homes for sale is up considerably and... MORE->
About Jerome Sarge Whalen


Average Current Market Rating: 2    (3 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 2.7    (3 ratings)




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Falling

Rising

Navigate: Top > Colorado > Basalt


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 5.97%
15 Year Fixed: 5.74%
1 Year Adj: 5.18%
(U.S. Weekly Averages)

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