Basalt condo sales rose 50% while the median fell 41.5%

Basalt townhouse/condominium closed sales rose from 40 to 60 in January-August 2026 versus January-August 2025. The median fell from $1.6 million to $936,250, while days on market until sale rose from 237 to 331.

Our source-linked research report includes the tables, aggregate data download and calculation notes. The analysis uses the official August 2026 Aspen/Glenwood Springs MLS Local Market Update, comparing January-August 2026 with the same months of 2025 and keeping August supply measures separate.

More transactions at a lower reported midpoint

Basalt’s townhouse/condominium category recorded 60 sales through August 2026, up from 40 in the same 2025 period. The 20 additional sales produced a 50.0% increase. At the same time, the reported median declined by $663,750, from $1.6 million to $936,250, or 41.5%.

The larger sales count does not establish stronger demand, and the lower median does not establish that a typical existing unit lost 41.5% of its value. The public report does not control for development, size, condition or the mix of properties closing in each period.

More new listings and a longer completed-sale timeline

New listings increased from 79 to 111, up 40.5%. Days on market until sale increased from 237 to 331, an additional 94 days. Together these figures show that more completed transactions can coexist with a longer reported marketing period.

For context, the source’s August-only table contains 18 attached-property sales in 2026 versus four in August 2025. Those are subsets of the year-to-date counts. The August comparison should not be added to the cumulative figures or described as a separate eight-month trend.

The August supply result differs from the marketing-time result

August inventory declined slightly, from 65 to 62, while reported months supply fell from 13.8 to 8.7. That supply change and the rise in year-to-date days on market measure different things. Neither independently explains the large change in the median.

A useful next step is a transaction-level comparison within the relevant development and property category, including listing history and closed-sale terms. The same Basalt report shows a rising single-family median, reinforcing the need to specify property form when describing this market.

Frequently Asked Questions

How many additional Basalt attached-property sales closed?

Twenty more, increasing from 40 to 60 in matching January-August periods.

Did all Basalt condos lose 41.5% in value?

The data do not support that conclusion. The decline concerns the median of different completed-sale sets.

Can August sales be added to the year-to-date count?

No. August is already included in the January-August total.