April 2015 Real Estate Report

Posted on May 7, 2015 by Chris Klug

Happy off-season from Aspen! Town has slowed down, but real estate is still booming. Let’s look at the comparison from 2007 to 2015 year-to-date.

The downtown core is trading at $1,452 sold price per sq. ft. YTD compared to $1,267 sold price per sq. ft. in 2014 and $1,370 in 2007. I was proud to sell one of the nicest two-bedroom units at The Gant last week, B-202, for $1,600,000. There are currently three condos under contract at The Gant today including my J-201 listing. No one has done more activity at both The Gant and Aspen Square the past year than me; I’m an expert on the downtown Aspen condo hotel market. With inventory of all property types down almost 20% in Aspen through April ’14 I anticipate higher prices ahead this summer. 90 Sagebrush Drive Lane in Brush Creek sold last month for $1,950,000, $462 sold price per sq. ft. This is the first sale in Brush Creek Village since October ’14. Basalt is also picking up in 2015. Thirty-seven properties have sold in 2015 compared to 22 in 2014. Basalt’s average sold price in 2015 is $1,036,814 compared to $825,295 in ’14, and average sold price per sq. ft. is $313 compared to $428 in ’14. Inventory is actually up in Snowmass Village about 12% and 34% in Basalt compared to April ’14.

Ride for the Pass 2014 Benefitting Independence Pass Foundation

Even though it is off-season, there are a ton of events going on. Don’t miss the 21st annual Ride for the Pass next Saturday, May 16th. Check out our favorite local band, Jes Crew playing tonight, May 7 at Belly Up. It’s Free! The biking & running trails are starting to clear up so get out there on the trails! Call or email anytime with questions. Have a great weekend! 

Chris Klug

Share:

Topics

10 Million Dollar Sale ACES Anderson Ranch Art and Design Art Events Aspen Aspen Activities Aspen Bucket List Aspen Club And Spa Aspen Condos Aspen Core is strong market Aspen Film Aspen Highlands Market Aspen Market Aspen Mountain Aspen Music Festival Aspen Powder Day Aspen Real Estate Aspen Real Estate Transactions Aspen Santa Fe Ballet Aspen Snowmass Aspen Square Hotel Aspen Square Update Aspen West End Aspensnowmass Belly Up Buyer's Market Buyer's Market Chris Klug Foundation Cinco De Mayo Climate Change closing day Concert Concerts Condo Sales Culture Cycling Developments Dinner Down Valley Real Estate Down Valley Tour of Homes Events extended ski season Film Festival Food & Wine Aspen Gay Ski Week Grand Traverse Harvest Party Highlands Closing Party Hiking holidays Inventory January 2015 Market Update January Real Estate Activity Jazz Aspen Jazz Aspen/Snowmass Kick Aspen klugproperties Lead With Love Limelight Hotel Snowmass Little Nell Live Music local events Luxury Properties Luxury Real Estate Market Analysis Market Improvements Market Stats Market Update Maroon Bells Maroon Creek Mind Body Athlete missouri heights mountain biking Music NASTAR New Listing at Aspen Square Notable Sales Off-Season Off-Season One Snowmass Open House Open House at Ashcroft Outside Pent House Sale Pent House Sold Pitkin County Sales Places to Swim Real Estate Transactions Reasons to Buy Recent Sales Recreational Red Mountain Residents at Viceroy Snowmass River Front Snow Sports Snowmass Snowmass Base Village Snowmass Bike Park Snowmass Real Estate Snowmass Viceroy Sales Snowmass Village Snowmass Village Real Estate Snowmass Wine Festival Sold Properties Sotheby's International Realty spring tour Starwood Properties Strong Aspen Market Strong Market Summer Hikes & Bike Rides Summer in Aspen Summer2019 Ten Million Dollar Properties The Little Nell trail running travel channel W Aspen West End Wheeler Opera House Winter X Games Winterskol YTD Sales Volume
Chris Klug Aspen Real Estate Broker Headshot Klug Properties Tag Line
Sotheby's International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Sotheby's International Realty office is independently owned and operated.
Real Estate Website Design, Development and Optimization by Organic Return
All Listings