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Aspen Snowmass Village Real Estate – 2023 Year in Review: A 32 pg bi-annual report on the state of the market covering Aspen and Snowmass Village real estate sales for Year 2023 and the 2nd Half 2023 (Jul 1 – Dec 31). The report compares year-over-year results and historical data from the past 10+ years. Data has been scrubbed removing extreme high and low sales the author believes would be misleading. Off-market sales over $10M are included to the extent possible. There are two sections:
1) Aspen Market (Aspen only)
2) The Snowmass Village Market (SMV – The ski resort)
Residential sales are broken out by average and median prices, price per sq ft, by size, by neighborhoods and property types: single family homes, condos, townhomes, duplexes and residential vacant land/lots. MLS sales over $250,000 are included with the focus only on the upper RF Valley. Other areas – Brush Creek Village, Woody Creek and Old Snowmass – are not included in Aspen or SMV metrics but their respective neighborhood sales over $1.5M are referenced on Pgs 19 & 28. Not included: Commercial, fractionals, mobile homes, deed restricted-“affordable” housing. Older home sales (built pre–1990, ‘teardowns’) where arguably 75-80% or more value is in the land, are treated as vacant land sales. The source is the Aspen Glenwood MLS, which maintains data for 10 yrs, and the Pitkin County Clerk & Recorder. For periods further back, data is from Estin Report archives.
MLS data download 01/02/2024. Report written mid-Jan 2024. v2.1b