Old Snowmass: eight sales, a higher average and a lower median

Old Snowmass recorded eight single-family sales in January-August 2026 versus 16 a year earlier. The median fell 14.3% to $2.807 million, while the average rose 64.2% to $5,900,313.

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.

The denominator is eight transactions

Old Snowmass single-family closed sales fell from 16 through August 2025 to eight through August 2026. The 50.0% decline is also a difference of eight sales. With so few observations, the characteristics of the properties that happen to close can have a large influence on aggregate price statistics.

The source does not disclose those transaction-level characteristics in this report. It cannot identify whether land, home size, condition, location or another feature explains a price-statistic change. Those are questions for the underlying comparable records.

Average and median tell sharply different stories

The median fell from $3.275 million to $2.807 million, down 14.3%. The average rose from $3,593,058 to $5,900,313, up 64.2%. In 2026 the reported average stood roughly $3.09 million above the median, compared with about $318,000 a year earlier.

The average incorporates the magnitude of every sale, while the median identifies the distribution’s center. This difference makes the two measures sensitive to the sale mix in different ways. We cannot name the transactions responsible or infer appreciation for a particular property from the aggregate figures.

A shorter completed-sale timeline with more inventory

Days on market until sale fell from 193 to 109, while August inventory increased from 21 to 24 homes. Reported months supply rose from 10.1 to 16.0. The shorter marketing-time statistic concerns the homes that closed; it does not describe every active property.

For an Old Snowmass property discussion, keep the counts, price distribution and current competitive set visible together. A headline based only on the average would miss the lower median and smaller transaction count. A headline based only on the median would miss the higher average. Neither substitutes for property-specific evidence.

Frequently Asked Questions

How many sales underpin the 2026 Old Snowmass results?

Eight reported single-family sales for January through August.

Why show both average and median?

The average rose 64.2% while the median fell 14.3%, making either statistic alone an incomplete summary.

Do these figures cover Snowmass Village?

No. The source labels this reporting area Old Snowmass, which is separate from Snowmass Village.