v1.5 The Estin Report publishes a 10-page monthly Aspen real estate market “Snapshot” on or near the 1st Monday of each month. The Snapshot presents a “bottom line” summary of residential real estate sales in Aspen and Snowmass with scrubbed sales data for the subject month and year-over-year (YoY) performance . There are three sections: 1) Total market Aspen Snowmass Village combined; 2) The Aspen Market; 3) The Snowmass Village Market. It features charts, tables and 30-day live links to photos and details of sold properties and compares the subject month to the same time in prior years. The Monthly Snapshot is the only Aspen and Snowmass property sales information widely published in a timely and consistent manner early each month. The 11-page report is downloadable as PDF from link on the upper right of this page.
Bottom Line:
With the recent release of Estin Report H2 & Year 2024 in Review, Looking Forward, the January 2025 data is based on a relatively small number of transactions even though Year over Year (YoY) comparisons are included here. Consequently, it is prudent not to read too much into the early market indicators until there are a few more months of data behind us.
The sharp uptick in Snowmass Village inventory (See Pg 2) is due to a new project, Stratos Snowmass, being released lare Jan 2025 with 89 units for sale. For more information and sales, please contact me.
Here are select charts and tables from the report.
Jan 2025: Aspen & Snowmass Village Single Family Homes Median Prices for Nov, Dec, Jan 2025 (Pg 4 top)
Jan 2025: Aspen & Snowmass Village Single Family Homes Median Prices per Sq Ft for Nov, Dec, Jan 2025 (Pg 4 bottom)
Pg 1 Summary
Pg 2 top:
Pg 2 bottom:
The sharp uptick in Snowmass Village inventory (See Pg 2) is due to a new project, Stratos Snowmass, being released lare Jan 2025 with 89 units for sale. For more information and sales, please contact me
Pg 7 top:
Pg 9 top:
Snowmass Village condos have been built mostly during (3) construction periods, each with its own respective price range.
The Jan 2025 condo sales are itemized on Pgs 9-10.
The construction period tables included are:
1) All SMV Condos/all periods avg & median prices
2) SMV Condos built pre-2009 avg & median prices: Prices for older SMV condos built in the original Snowmass Village and early Base Village 2007-2008, Hayden Lodge and Capitol Peak Lodge
3) SMV Condos built 2009/2010 – The Viceroy/Assay Hill Lodge Ph I – avg & median prices
4) SMV Condos built after 2018 – avg & median prices, condo projects completed or in process by the Base Village new owner starting in 2017/2018, East West Partners. These include: BV Limelight, Lumin, One Snowmass East, One SnowmassWest, Electric Pass, Cirque x Viceroy/Assay Hill Lodge Ph II, Aura Snowmass built 2024. Between 2011-2018, there was a lull in new BV construction.
(Some history: In 2017, East West Partners bought out Related Co’s ownership of the Base Village and entitlements. New BV condos came online beginning in 2018 at significantly higher prices than the older, original resort SM Village condos and the 2009-2010 Viceroy/Assay Hill Lodge Phase I. As brand new BV projects are completed about every 2 yrs and quickly sell out, prices have been steadily rising. The final offering of new BV condos & townhomes is Stratos Snowmass with 89 units currently offered for sale in late Jan 2025. Contact Tim Estin for sales information.)
Links to Jan 25 Aspen and Snowmass Village Sold Property Photos and Details:
Aspen Jan 25 Closed Properties.
Snowmass Village Jan 25 Closed Properties.
Vacant Lots Jan 25 Closed Properties
