Aspen Snowmass Market Reports

Aspen’s single-family housing market was relatively flat, while Aspen condo sales were hot in the First Quarter of 2024. Pricing continues to hold firm throughout the Upper Roaring Fork Valley Market. Sales in the ten to twenty million-plus range are on par with last year's figures, with promising high-value transactions on the horizon, signaling a robust Q2 ahead, especially in the luxury segment. Anticipation surrounds what could potentially be Aspen's first $100 million sale at 421 Willoughby Way this spring. Exceedingly limited inventory for single-family homes and robust condo sales are the storylines in Snowmass Village. Despite fewer pending sales, Snowmass Village anticipates a surge in market activity moving forward and represents a gr...

Greetings from the enchanting Aspen Snowmass, where the fall foliage has reached its peak, painting the town in vibrant hues. I trust you're relishing this beautiful season as much as I am! I am thrilled to present the Aspen Snowmass Q3 2023 Market Report.

A Thriving High-End Market
The high-end segment continues to be the driving force behind our market's resilience. Late summer witnessed astonishing sales, fueling the impressive third-quarter numbers. Notably, the historic sale of 1001 Ute Ave for $76 million on September 5 stands as Aspen's highest residential sale ever. In August, Aspen Park in East Aspen fetched $63.75 million. Remarkably, 2023 has witnessed three residential sales exceeding $60 million, and 57 properties sold for over $10 millio...

Happy fall season from Aspen Snowmass! The colors are at their peak in the high country and the trails are empty and covered in orange, red and yellow; it’s a magical time of the year. We’re loving the prolonged Indian Summer!

After two and a half years of unprecedented Covid fueled activity, our market seems to be somewhat normalizing. Inventory of all whole ownership, free market property types in the upper Roaring Fork Valley from Aspen to Old Snowmass has almost doubled from 188 properties last year to 303 today. However, this still represents a very low supply compared to 472 properties in September of ’20 and 681 properties in Sept. ’19. Inventory in Aspen of all whole ownership, free market property types doubled in the...

Highlands closing party is this weekend! Snowmass Ski Area closes a week later on Easter Sunday and Aspen stays open until Sunday, April 24. This is that unique time of the year when you can ski and snowboard lift accessed terrain and hike, bike, golf or fish in the same day. The downtown core is a little quieter following an active March spring break. Winter is not yet over however with more snow in the forecast next week. I am excited to share my First Quarter 2022 Aspen Snowmass Market Report with you. I hope it provides some valuable insights into our market to help you.

Happy fall season from Aspen Snowmass! The colors are at their peak now; it’s such a magical time of the year in our valley. I hope you are getting out in the mountains and enjoying it. Snow is expected next week, so it won’t last that much longer. I am hearing rumors of a big winter ahead, so make your plans to come make some turns with me. I am proud to share my Third Quarter 2021 Market Analysis below with you.

Historically low inventory combined with continued strong demand remains the theme in the Roaring Fork Valley Real Estate Market. Inventory of all whole ownership property types is down about 63% in Aspen, 73% in Snowmass Village and 46% in Basalt. There were 69 pending sales of all property types in Aspen on Sept. 30, 2021 vers...

2021 Klug Properties Aspen Snowmass Market Report Summary:

Happy springtime from Aspen Snowmass! I hope you’re doing well and enjoying a great start to springtime! I’m excited to share our Klug Properties First Quarter 2021 Market Report with you. Thank you for checking it out. I hope it’s a helpful resource. Our local real estate market continues to be extremely active with historically low inventory levels. Inventory of Snowmass Village condos and single-family homes is depleted! Aspen single-family home sales records, lots of Aspen condo transactions, fewer options, and disappearing new Base Village product in Snowmass Village is the story of the first quarter in the upper Roaring Fork Valley Real Estate Market. Many of the Q1 As...

Happy fall season from Aspen Snowmass. I hope you are doing well and staying healthy. The autumn colors have been magical the past weeks on the Western Slope of Colorado; I hope you’ve been getting out and enjoying this special time of the year. It has been an historic summer selling season in the Upper Roaring Fork Valley with record-breaking numbers. We’ve been in all-hands-on-deck mode since the end of June when a switch got flipped and our market went from zero to over one billion miles an hour. September felt like July! Aspen single-family sold volume is more than twice what it was in 2019 through September, and by far the highest we’ve ever seen through September. Average single-family sold price in Aspen of $11.26 million is ...

Happy springtime from Aspen! I hope you’re doing well and staying safe during these strange and uncertain times. The upper Roaring Fork Valley is very quiet now after the lifts shut down for the season in early March, just before what is typically the busy spring break season. The two or three weeks of spring break are the second busiest time of the winter season in Aspen and Snowmass and the culmination of the winter selling season. Often buyers will look over the holidays and early into the new year before returning over spring break to make a decision. Unfortunately, that didn’t happen this year. Normally we have a very pronounced off-season in April and May in Aspen and Snowmass - once the lifts stop running and before the trails dry ...

Happy fall season! It has been a beautiful October in Aspen Snowmass! I am excited to share my Klug Properties Third Quarter 2019 Aspen Snowmass Market Report with you. Thanks for checking it out. Here are some trends I’m seeing today in the upper and mid Roaring Fork Valley Real Estate Market:

• Overall less product available today than past years, but a lot of inventory at the upper end throughout the valley.
• Average Aspen condo sold $/SF of $1,580 is an all-time high, up about $3.5% over last year.
• September was strong for Aspen condominium sales.
• Single-family under $3 million and new product at the upper end of the Snowmass Village single-family market is what’s moving!
• A lot of inventory in Snowmass Village and Aspen at the upper end...

Happy springtime from Aspen Snowmass. I hope you are doing well. It’s that unique time of the year when you can ski or snowboard and bike or golf in the same day. Last weekend’s temps were in the 60’s; I was contemplating getting back on my bikes. It snowed twelve inches in Highlands Bowl last night and it’s 19 degrees this morning; you’ve gotta love springtime in the mountains! I’m excited to share my First Quarter 2019 Aspen Snowmass Sotheby’s International Realty Market Report below with you. Thank you for the opportunity to share my experience and knowledge. I hope this is a helpful resource.

Every neighborhood is unique and our market is hyper localized. For example, East Aspen versus West End or crossin...

Happy fall season from Aspen Snowmass! It’s dumping snow outside as I write this on October 11 with about five inches already on the ground. I hope this is a harbinger for a big winter ahead! After a warm, dry summer, and not our best winter last year, we’re welcoming the moisture. The fall colors have been spectacular in the Roaring Fork Valley the past weeks. I hiked to Crested Butte with family and friends a few weeks ago; it was breathtaking.

Aspen

I’m excited to share my Third Quarter 2018 Aspen Snowmass Market Report with you. After a slower start to the summer selling season, activity picked up in Aspen in August and September. It’s supposed to be off-season, but things have yet to slow down. Overall it has been a slowe...

Happy springtime from Aspen! I hope you are doing well. It was a fun Closing Day party yesterday at Aspen Highlands and Buttermilk Mountain. There were some classic retro outfits and amazing costumes on display at Highlands yesterday and about ten inches of new snow. What an ironic finish to the season, after the slow start this winter. Off-season is fast approaching in town. There are lots of projects underway in Aspen Snowmass including the new $100 million W Hotel, the new Limelight Snowmass and Lumin, Plato’s Restaurant at Aspen Meadows, Hotel Jerome, and of course the $4.5 million Castle Creek Bridge bike path and bus stop improvements. Everyone is working hard to be ready for this summer and next winter.

The Aspen Real Estate Market conti...

Happy fall season from Aspen! I hope you’re enjoying a great October. The autumn colors are still vibrant in the Roaring Fork Valley, however a few early season snowstorms the past weeks have decreased the fall foliage a little, and snapped a few snow loaded branches at the same time. It’s still a spectacular time to be in the mountains. ACES Harvest Festival takes place this weekend at Rock Bottom Ranch, one of my favorite fall traditions.

Happy springtime! I hope you’re enjoying a great April and doing well. It has been a beautiful spring in Aspen. While spring got an early start in March, we’re still skiing on Aspen Mountain this week. Snowmass closed for the season yesterday. Aspen Mountain closes this Sunday, April 23.  The spring corn skiing is excellent now, so get up there and make a few more turns before the lifts shut down for the season.

I’m excited to share my Third Quarter Klug Properties Aspen Snowmass Real Estate Market Report with you. I study the market every day; I am happy to present my analysis and insights. While the first half of the year in the Upper Roaring Fork Valley real estate market was tough, August and September closed out the summer selling season much stronger. I’ve been busy showing property non-stop through mid October. I was proud to help my clients close almost 20 million in the third quarter with another nearly five million currently pending sale.

I am excited to share my Aspen Snowmass Real Estate Market Report for the First Quarter 2016. It has been a slow start to 2016. There are a few macroeconomic factors that are affecting our market negatively in the first quarter including the strength of the US Dollar, and the impact that is having on our international guests, particularly for Australian and Brazilian buyers. Australian visitors were down about 25% this winter in January and February. The unease of the stock market in 2016, even though it has bounced back strong the last month and seems to be stabilizing, has given buyers pause, not to mention the softening of the high-end New York City real estate market. The Presidential election is not helping things either. Lastly, the price of oi...