Woody Creek: why five sales require more than a median-price headline

Woody Creek recorded five single-family sales in January-August 2026 versus seven a year earlier. The median rose 3.4% to $16,795,481, while the reported average was almost unchanged at about $14.17 million.

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.

Two transactions produce a 28.6% count change

Woody Creek reported five single-family closed sales through August 2026, compared with seven in the same 2025 period. A difference of two sales produces a 28.6% decline. In a series this small, the absolute count is as important as the percentage.

The source’s August-only table contains one 2026 sale. Its $16,795,481 price is also the reported year-to-date median, but that numerical match does not make the monthly and cumulative measures interchangeable. August is included in the eight-month period.

The median rose while the average barely changed

The reported median increased from $16.25 million to $16,795,481, a 3.4% change. The average moved from $14,168,571 to $14,169,096, a difference of only $525. Rounded to one decimal percentage point, the average-price change is 0.0%.

This pairing makes the limits of a median-only headline clear. Both statistics summarize small sets of completed transactions, whose properties and terms can differ. Neither is a repeat-sales measure or an estimate of the change in value of a specific Woody Creek home.

Read small-market zeros as missing price evidence

The same public PDF reports zero townhouse/condominium sales and displays $0 in that category’s price fields. With no reported transactions, those price entries do not establish a zero-dollar market value. This study uses the single-family category where the source reports actual sales.

Single-family August inventory rose from seven to eight homes, while days on market until sale in the year-to-date record changed from 175 to 174. These small counts and differences call for an address-specific review of current competition and relevant closings before drawing a pricing or timing conclusion.

Frequently Asked Questions

How many sales support Woody Creek’s year-to-date median?

Five reported single-family transactions from January through August 2026.

Did the average increase by 3.4% too?

No. The average changed by only $525, which rounds to 0.0%; the median rose 3.4%.

Do $0 condo prices mean condos have no value?

No. The source reports no Townhouse/Condo sales, so those fields do not provide an observed sale-price measure.