An historic late December nine-day storm cycle dumped six feet of snow at Aspen Snowmass making for epic holiday pow skiing and boarding. Every turn in Highlands Bowl was a face shot for a week! Aspen Snowmass had another record-breaking year for real estate sales! Bottomless pow coupled with record real estate activity! Pitkin County saw almost $4 billion of residential, whole ownership, non-deed restricted sales recorded in MLS in 2021 compared to just under $3.5 billion in 2020. Historically
An historic late December nine-day storm cycle dumped six feet of snow at Aspen Snowmass making for epic holiday pow skiing and boarding. Every turn in Highlands Bowl was a face shot for a week! Aspen Snowmass had another record-breaking year for real estate sales! Bottomless pow coupled with record real estate activity! Pitkin County saw almost $4 billion of residential, whole ownership, non-deed restricted sales recorded in MLS in 2021 compared to just under $3.5 billion in 2020. Historically low inventory and continued strong demand fueled by an urban exodus and a desire to work, play, and live in second home resort markets nationwide resulted in new highs from records set in 2020. Inventory of all whole ownership, residential properties in Aspen was down 70% overall year over year, 86% for condos, 56% for single-family homes, and 63% for vacant land.
Check out my full market report below. I hope my analysis is a helpful resource. Please call or email anytime if you would like to discuss the market further together, or if you would like a complimentary, in-depth analysis of your property’s value today. If you’re thinking about selling, now is the time to be in front of buyers with constrained supply and continued strong demand. Have a fun and safe winter ahead. I hope to make some turns together soon.
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