Anomalies are expected in locations as unique as Aspen and the Roaring Fork Valley. For example, the median price of homes in Pitkin County has actually increased unlike most counties nationwide. That’s according to Cyberhomes, an online real estate information portal. Cyberhomes showed that median home values in Pitkin County increased 9.72% in February over the same month last year, equating to a median price of $1,052,122.
Pitkin County wasn’t alone in a county that saw its median price increase, nor did it show the largest increase. There were 24 counties across the nation where home values were holding steady or actually rising from a year ago. Pitkin County came out at fourth with Morgan County, Tenn.; Rock Island, Ill.; and St. Louis, Mo taking first, second and third.