Bineau Team Market Report | Christie's International Real Estate Aspen Snowmass

Page 1

ASPEN

| SNOWMASS

Aspen and Snowmass Fourth Quarter 2023 Market Report Report Written By: Elliot F. Eisenberg, Ph.D. Source: Aspen Board of Realtors Multiple Listing Service


The Bineau Team Market Update In the heart of Aspen, Colorado, where the Rocky Mountains meet the sky, Jim and I have embarked on a journey that transcends the traditional bounds of real estate. It’s not just about homes; it’s about dreams, aspirations, and the essence of luxury living. Aspen is more than a destination; it’s a lifestyle. A place where the crisp mountain air rejuvenates the spirit, and the panoramic views inspire daily. Amidst this natural splendor, we find homes that are not merely structures but sanctuaries that reflect the beauty and elegance of their surroundings. Our journey in real estate is fueled by a passion for excellence and a commitment to personalized service. We understand that each client is unique, with their own story and vision for the future. That’s why Jim and I dedicate ourselves to not just meeting expectations but exceeding them, ensuring that every detail is handled with precision and care. We have a curated selection of properties, each chosen for its distinctive character and unmatched quality. From cozy mountain retreats to sprawling estates, we offer a gateway to unparalleled living. But our service extends beyond the transaction; we aim to build lasting relationships, offering guidance and support as you embark on this exciting chapter. For those who dream of a life filled with beauty, comfort, and adventure, Aspen is calling. Whether you’re seeking a sanctuary amidst the mountains or looking to sell your property, Jim and I are here to guide you every step of the way. Embark on your Aspen adventure with us. Let’s explore the possibilities together. Reach out to Jim and me today, and let’s turn your dream into a reality. Because in Aspen, dreams are just a doorstep away.

Positive: Professionalism, Quality, Responsiveness, Value “I have bought and sold multiple properties, both residential and commercial, in the Aspen area with Jim & Anita Bineau. The Bineaus and their team are top notch and professional. I look forward to working with them again and again.”

- Kelly and Denis O’Donovan James Bineau PRINCIPAL / BROKER

970.688.0609 james.bineau@christiesaspenre.com ASPEN

| SNOWMASS

Anita Bineau PRINCIPAL / BROKER

970.274.9725 anita.bineau@christiesaspenre.com


101 W Francis Street | Aspen

1049 Vine Street, 1049 | Aspen

124 E Durant Avenue, 10 | Aspen

WEST END LUXURY | $17,900,000

HUNTER CREEK CONDO | $1,500,000

DOWNTOWN TOWNHOME | $4,800,000

4 BED | 5 BATH | 5,482 SF This stunning property provides access to everything Aspen has to offer. Welcome your guests to a spacious kitchen, complemented by two sophisticated living spaces designed to accommodate both comfort and class.

1 BED | 1 BATH | 626 SF This condo has been meticulously updated to meet the highest standards of modern living. The open floor plan seamlessly connects the living, dining, and kitchen areas, making it ideal for entertaining and relaxation.

3 BED | 4 BATH | 1,452 SF This spacious three-level mountain home is the perfect base camp for your winter or summer adventures. The efficient and versatile layout can accommodate larger groups without sacrificing comfort and privacy.

152 Rusty Spur Trail | Rifle

152 Rusty Spur Trail | Rifle

TBD Rusty Spur Trail | Rifle

10 ACRES | $300,000

20 ACRES | $500,000

10 ACRES | $250,000

Located just off Cindy Way. Surrounded by sweeping panoramic views of the mountains, theses parcels are perfect for building your dream home. You can enjoy all the benefits of country living without sacrificing any of the amenities.

213 259A County Road | Silt

450 S Original Street, 2 | Aspen

10 ACRES | $525,000

MITTENDORF CONDO | $3,250,000

Enveloped in the breathtaking landscapes of Colorado’s Western Slope, this 10-acre irrigated property is replete with an old homestead, a large shop, and several outbuildings, offers a blend of history, rustic charm, and endless opportunities.

2 BED | 2 BATH | 932 SF Conveniently located in the vibrant heart of the Aspen Core, this 2-bedroom, 2-bathroom condo has undergone a complete transformation, meticulously remodeled and has been reimagined into a luxurious retreat.

Go online to learn more about these properties and all of our other listings. bineauteamaspen.com


Economic Overview Nationally By: Elliot F. Eisenberg, Ph.D.

In terms of the national economy, 2023 turned out much better than we could have hoped for at the beginning of the year. 23Q3 annualized real GDP growth came in at a stellar 4.9%, while 23Q4 growth is currently forecasted to come in between 1.5-2%. Overall, in the calendar year 2023, GDP growth will likely turn out to be around 2.4%, built on the strength of a strong labor market and solid consumer spending, with a late season assist from rising asset prices in general and the stock market in particular. We very fortunately avoided a recession in 2023, and inflation came down dramatically with help from improved supply chains, increases in the labor force participation rate, and increased legal immigration, as well as the Fed’s painful but necessary rate hikes.

“If inflation continues to slow and the labor market cools somewhat, the Fed will reward us with...” As we look towards 2024, it likely won’t be a year of significant economic growth with fiscal policy contractionary, and bank lending and thus the money supply contracting due to high interest rates. Importantly, consumer spending is likely to pull back because the current very low savings rate is not sustainable and must necessarily rise, and as more than 28 million borrowers have resumed payments on student loans. As an example of the financial stress on some households, the 23Q3 credit card delinquency rate was 8%, up from a low of 4.3% in 21Q3 and at its highest level since 11Q3 when we were extricating ourselves from the housing bust and the unemployment rate was a staggering 9.1%. Similarly, in 23Q3, 7.4% of auto loans transitioned into delinquency, up from their low of 5.0% in 21Q3. Seeing this much credit deterioration with a 3.7% unemployment rate is somewhat troubling. While the current bull market has been a boon to investors and household retirement accounts, equities are at or above historic P/E ratios, and it’s also an unusual market in that 72% of equities in the S&P 500 have underperformed the index, the highest level since at least 2000. As such, earnings will play a key role in stock market performance in 2024. Private-equity deal activity dropped from $1.44 trillion in 2022 to $846 billion in 2023, a decline of 41%. In 2021, private-equity deal-making exceeded $2 trillion, so there is plenty of room for growth in 2024, and as interest rates fall, we may start to see rising deal activity and IPOs. All signs are that the labor market continues to slowly soften. In November, job openings slumped to 8.8 million, from 10.8 million Y-o-Y and a peak of 12.0 million in March 2022. Thus, the number of available jobs/ unemployed person fell to a still high 1.4, but down from 1.8 Y-o-Y and a peak of 2.0 in March 2022. Relatedly, the quit rate is now 2.2%, down from 2.7% Y-o-Y and a peak of 3.0 in November 2021. The December jobs report provided mixed signals, with job creation at a solid 216,000 and unemployment unchanged at a low 3.7%. On the flip side, the labor force participation rate sank to 62.5% from 62.8%, suggesting that either the slowing job market is making job hunting less appealing or the pool of eligible workers is running low. With December wage growth up a strong 0.44% and Y-o-Y wage growth still too strong at 4.1%, the Fed will be keeping a sharp eye on labor markets before they contemplate rate cuts. If inflation continues to slow and the labor market cools somewhat, the Fed will reward us with rate cuts no later than June, hopefully slightly earlier. However, households and businesses with existing mortgages or business loans have thus far shown little sensitivity to interest rate changes because of their ‘locked-in’ low rates. That works in both directions, and as a result, the expected rate cuts may not be as stimulative as hoped. I suspect that with a little bit of luck, we will see GDP growth somewhere around 1% in 2024, with a reasonable possibility of a mild and shallow recession sometime during the year.


Housing Market Overview Nationally Across the country, active inventories remain incredibly tight, largely due to the unwillingness of existing homeowners to forfeit their low current mortgage rate and venture out into the world of 6-7% mortgages. The last quarter of 2023, at least in terms of the housing market, was particularly tough as rates hovered near 8% for much of the fall while limited inventories kept pushing prices higher. During November, after annualization and seasonal adjustment, 3.82 million existing homes sold, up from a slightly worse 3.79 million in October, and that was the weakest monthly sales activity since August 2010, during the depths of the Housing Bust. With rates now south of their October highs, existing inventory improving, albeit slightly, and new single-family construction approaching pre-Covid peaks, home sales and mortgage applications should rise. However, as a potential warning light, some 45,000 home purchases fell through during November 2023, 16.9% of homes under contract, and the highest rate since recordkeeping commenced in January 2017. The previous record was the April 2020 Covid peak of 16.8%, while pre-Covid the rate was about 12.5%. This rise in cancellations may simply be cases of cold feet, but it could also be an indication that we are approaching the upper limit of many buyers’ finances.

“...the 2024 housing market will likely start out relatively weak and then improve gradually as the year progresses, especially as the...” In terms of new construction, a staggering number of new apartments will be brought online in 2024, and that is likely to push vacancy rates still higher and rents down. Add to that high interest rates, and thus high cap rates, and the multifamily market is likely to struggle in 2024. Still, while apartment vacancies hit 5.4% in 23Q4, up from 4.9% Y-o-Y, and near their pandemic peak of 5.5%, they’re not close to the 8% of 2010. By contrast, office vacancies hit 19.6%, surpassing the previous top of 19.3% set in 1986, when building was unstoppable, and 1991, during the S&L crisis induced recession. While builders have stepped up the pace of new home construction with the resolution of many Covid supply chain issues, high interest rates, materials inflation, and higher labor costs mean those homes are more costly to build, and as a result, they are likely to be higher end homes, as builders have limited incentive to build entry-level homes. In summary, the 2024 housing market will likely start out relatively weak and then improve gradually as the year progresses, especially as the Fed lowers rates and more potential sellers finally step off the sidelines. Importantly, the spread between the 10-year Treasury and the 30-year mortgage should fall because the fear of mortgage re-fi will decline as interest rates decline. Overall, 2024 is likely to be a year of transition for the housing market, better than 2023, but not by much, and we will probably have to wait until 2025 to see a return to pre-Covid activity levels.


Housing Market Overview Colorado

Unemployment in Colorado is 3.3% as of 11/23, up from last November’s 2.8%, after hitting a peak of 11.6% in 05/20 (for comparison, the pre-pandemic rate was 2.8%) and well below the U.S. national average, making it difficult for Colorado employers to fill positions. Statewide continuing claims for unemployment hit a high of 265,499 for the week ended 5/16/20 (compared to a pre-pandemic level of 20,735) and are now at 32,332 for the week ended 12/30/23, a year ago it was 29,038. In Pitkin County, the November unemployment rate was 5.0%; a year ago, it was 4.7%, and for comparison, pre-Covid in 11/19, it was 5.7%. While Colorado’s job growth, at 1.1% over the past year, is below the U.S. rate of 1.8%, job growth in the Colorado mountain areas is among the highest in the state. Statewide, the December 2023 median price of a single-family home of $549,950 was 3.8% higher than December 2022, while the year-over-year average price rose 8.7% to $703,502. In the condo/townhome market, the year-over-year median price gained 3.0% to $424,995, while the average price increased 8.2% to $569,881. Through December, closed sales across the state are down 19.1%, while new listings are down 16.3%. There are 14,941 active listings statewide at the end of December, down 14.8% compared to December 2022, representing 2.1 months’ supply of inventory. Across the state, the percentage of list price received at sale was 98.1%, the same as last year and down from 98.7% at the end of September 2023, and days-on-market has increased to 62 days, up from 56 days last year, suggesting a market that is slightly weakening but still very strong.


Economic Overview ASPEN SNOWMASS

The median price of a single-family home in Aspen through December 2023 was $12.4 million, a 9% decline compared to the same period of 2022, while the average price declined 13% to $16 million. Aspen townhomes and condominiums remained very comparable to last year, with a median price of $3.2 million (up less than 1% from last year) and an average price of just over $4.8 million (up 3% from last year). In Snowmass Village, the single-family median price declined 12% to $5.5 million, while the average price dipped about 1% to just under $7.2 million. Snowmass Village townhomes and condominiums saw the largest median price gains in the area, increasing 10% to nearly $1.8 million, although the average price was virtually flat at just over $2.1 million. Across the Aspen/Snowmass Village area, closed sales were up about 12% compared to last year, and overall sales volume rose 2% to nearly $2.4 billion. The percentage of sold price to original listing price was down about 2% across the area and days on market increased compared to last year except for Snowmass Village single-family homes, where average days on market declined.

“With easing financial conditions, partly the result of rising equity prices, I expect to see more private equity and IPO deals to be consummated in 2024, which should further strengthen the portfolios of...” Aspen continues to burnish credibility in the ski world with the recent Aspen Mountain Hero terrain expansion, which added 153 acres of new skiing and increased skiable acreage by more than 20 percent, served by a new, high-speed quad chairlift. And Snowmass topped a recent Conde Nast Traveler’s reader’s choice ranking of North American ski resorts, while Aspen Mountain was fifth and Aspen Highlands was 14th. In their report, Conde Nast cited: “Investments in the Snowmass Base Village have turned it into a social hub complete with an ice-skating rink and great dining venues. On-mountain dining options rival what you’d find in Europe.” While many speculated that the luxury home market would suffer in 2023, it clearly did not in Aspen and Snowmass Village, where the top ten home sales of 2023 exceeded $25 million each. As Pitkin County finalized the 9,250 square foot cap on new home sizes as part of their plan to reduce greenhouse gas emissions, they signaled that 2024 could bring a further reduction to 8,750 square feet. Existing homes that exceed that size limit will become even more desirable as stock remains fixed. While some of the factors that fed the flight out of the cities during the pandemic have faded, such as work-from-home, the overall appeal of the Aspen Snowmass area has not. Dr. Eisenberg comments: “With easing financial conditions, partly the result of rising equity prices, I expect to see more private equity and IPO deals to be consummated in 2024, which should further strengthen the portfolios of potential buyers. I would not be surprised to see 2024 exceed 2023 in terms of record-setting prices in Aspen and Snowmass Village.”


Aspen SINGLE FAMILY HOMES The median price for a single-family home in Aspen in 2023 was $12.4 million, 9% less than last year’s $13.6 million, while the average sale price of nearly $16.1 million declined 13% from last year.

As of the end of December, there were 92 singlefamily homes on the market, compared to 78 at the same point last year. The most expensive single-family home sold in Aspen in 2023 was $76 million, compared to a $60 million sale last year.

There were 81 closed sales in 2023, a 14% increase over last year, but overall dollar volume was up just slightly from last year to just over $1.3 billion. The average sold price per square foot increased 4% to $3,156.

Days on market increased from 163 to 175, while the percentage of sold price to original listing price declined from 95% last year to 93% this year.

$20M $17.5M

13%

$12.5M

2022 vs 2023

$10M

10%

2022 vs 2023

$7.5M

Total Dollar Volume

$5M

2019

2020

2021

2022

2023

$1.81B

$2B

$1.85B

Fourth Quarter YTD of

1%

2022 vs 2023

$1.5B

Million

Million

Median Sold Price

Average Sold Price

$15M

$1B

$1.32B

$1.33B

2022

2023

$676M

$500M $0

2019

2020

2021

Fourth Quarter YTD of

Number of Properties Sold SOLD

SOLD

SOLD

SOLD

SOLD

89

162

143

71

81

2019

2020

2021

2022

2023

Fourth Quarter YTD of

14%

2022 vs 2023


349 Draw Drive

Aspen, Colorado

4 BEDS | 4F, 2H BATHS | 4,744 SF

What’s Selling? SINGLE FAMILY HOMES Number Sold

Sold Price Range

Median Sold Price

Median % Off Asking Price

Avg. Days On Market

Single Family Homes Sold Fourth Quarter YTD Studio - 1 Bedroom

1

$1,300,000

$1,300,000

+9

18

2 - 3 Bedrooms

16

$1,035,000 - $28,000,000

$7,100,000

5

100

4 - 5 Bedrooms

47

$1,384,717 - $35,000,000

$11,995,000

8

188

6+ Bedrooms

17

$8,000,000 - $76,000,000

$22,000,000

6

223


Aspen SINGLE FAMILY HOMES Average Price Per Square Foot $3,048 $3,156

$3,500

4%

$3,000 $2,500

$1,855

$2,000

$2,198

$1,481

2022 vs 2023

$1,500 $1,000 $500 0

2019

2020

2021

2022

2023

Fourth Quarter YTD of

% Sold Price to Original List Price

2%

91%

92%

94%

95%

93%

2019

2020

2021

2022

2023

2022 vs 2023

Fourth Quarter YTD of

Average Days on Market

303 2019

312 2020

239 2021

Fourth Quarter YTD of

163 2022

175 2023

7%

2022 vs 2023


1430 Silver King Drive

Aspen, Colorado

5 BEDS | 6F, 1H BATHS | 5,876 SF

What’s For Sale? SINGLE FAMILY HOMES Active

Pending

Active Asking Price Range

Median Asking Price

Single Family Homes Active & Pending Studio - 1 Bedroom

-

-

$-

$-

2 - 3 Bedrooms

8

2

$950,000 - $45,000,000

$7,962,500

4 - 5 Bedrooms

54

5

$4,250,000 - $72,000,000

$17,950,000

6+ Bedrooms

22

2

$9,500,000 - $80,000,000

$29,850,000


Aspen CONDO / TOWNHOMES Compared to last year, the median price of townhomes and condominiums in Aspen remained almost flat at just under $3.2 million, while the average price rose 3% to just over $4.8 million.

In the Aspen condo/townhome market, the most expensive unit sold in 2023 was for nearly $48 million, well above last year’s highest sale of nearly $26 million.

The number of properties sold declined by 15%, with 98 closed sales in 2023, compared to 115 in 2022. Dollar volume declined by 12%, to almost $473 million and the average price per square foot dipped about 4% to $2,771 per square foot.

The average days on market for condominiums and townhomes through December 2023 was 150 days compared to 98 days for 2022. The percentage of sold price to original list price dropped from 97% last year to 95% this year.

Condominium and townhome inventories stayed flat at 46 units on the market. $5M $4.5M

3%

$3.5M $3M

2022 vs 2023

0%

2022 vs 2023

$2.5M $2M

Total Dollar Volume

$1.5M $1M

2019

2020

2021

2022

2023

Fourth Quarter YTD of

$780M

$800M

$692M

$700M

12%

2022 vs 2023

$539M

$600M

Million

Million

Median Sold Price

Average Sold Price

$4M

$500M

$473M

$400M $331M $300M $200M $100M $0

2019

2020

2021

2022

Fourth Quarter YTD of

Number of Properties Sold SOLD

SOLD

SOLD

SOLD

SOLD

141

185

245

115

98

2019

2020

2021

2022

2023

Fourth Quarter YTD of

15%

2022 vs 2023

2023


1096 Waters Avenue Aspen, Colorado

4 BEDS | 4F, 1H BATHS | 2,499 SF

What’s Selling? CONDOS AND TOWNHOMES Number Sold

Sold Price Range

Median Sold Price

Median % Off Asking Price

Avg. Days On Market

Condominiums / Townhomes Sold Fourth Quarter YTD Studio - 1 Bedroom

22

$800,000 - $3,950,000

$1,095,000

4

91

2 - 3 Bedrooms

57

$1,060,000 - $15,470,000

$3,200,000

6

169

4 - 5 Bedrooms

17

$3,895,000 - $22,000,000

$6,900,000

5

168

6+ Bedrooms

2

$ 14,000,000 - $47,910,078

$30,955,039

3

83


Aspen CONDOS / TOWNHOMES Average Price Per Square Foot $2,880

$3,000 $2,500 $2,000 $1,573

$1,899

4%

$2,771

$2,110

2022 vs 2023

$1,500 $1,000 $500 0

2019

2021

2020

2022

2023

Fourth Quarter YTD of

% Sold Price to Original List Price

2%

2022 vs 2023

95%

95%

97%

97%

95%

2019

2020

2021

2022

2023

Fourth Quarter YTD of

Average Days on Market

237 2019

252 2020

153 2021

Fourth Quarter YTD of

98 2022

150 2023

53%

2022 vs 2023


100 E Dean Street 1B & 1C Aspen, Colorado 4 BEDS | 3 BATHS | 1,523 SF

What’s For Sale? CONDOS AND TOWNHOMES Active

Pending

Asking Price Range

Median Asking Price

Condominiums / Townhomes Active & Pending Studio - 1 Bedroom

17

3

$979,000 - $3,950,000

$1,695,000

2 - 3 Bedrooms

33

6

$2,150,000 - $12,250,000

$3,650,000

4 - 5 Bedrooms

15

1

$3,900,000 - $65,000,000

$13,750,000

6+ Bedrooms

-

-

$-

$-


Snowmass Village SINGLE FAMILY HOMES In Snowmass Village, the 2023 median sale price of a single-family home was $5.5 million, compared to 2022, when the price was nearly $6.3 million, while the average price declined by about 1% to $7.2 million.

There were 18 single-family homes for sale in Snowmass Village at the end of December, compared to 20 at the end of last year. The most expensive single-family home sold in 2023 in Snowmass Village was $22.4 million, while the highest price in 2022 was $18.3 million.

The average price per square foot, however, remained relatively unchanged at $1,581 per square foot.

The number of days on market for single-family homes in Snowmass Village declined from 180 days last year to 150 days this year, while the percentage of sold price to original list price declined slightly, from 96% last year to 94% this year.

Year-over-year closed sales increased from 33 last year to 36 this year, a 9% increase, and that pushed overall dollar volume up 8% to nearly $259 million.

$8M

Median Sold Price

Average Sold Price

1%

$6M

2022 vs 2023

12%

2022 vs 2023

$5M

Total Dollar Volume

$4M

$397M

$3M

$400M 2019

2020

2021

2022

2023

Fourth Quarter YTD of

$350M

8%

2022 vs 2023

$299M

$300M

Million

Million

$7M

$240M

$250M $198M $200M $150M $100M $50M $0

2019

2020

2021

2022

Fourth Quarter YTD of

Number of Properties Sold SOLD

SOLD

SOLD

SOLD

SOLD

49

69

73

33

36

2019

2020

2021

2022

2023

Fourth Quarter YTD of

$259M

9%

2022 vs 2023

2023


411 Wood Road 8

Snowmass Village, Colorado 4 BEDS | 4F, 1H BATHS | 3,359 SF

What’s Selling? SINGLE FAMILY HOMES Number Sold

Sold Price Range

Median Sold Price

Median % Off Asking Price

Avg. Days On Market

Single Family Homes Sold Fourth Quarter YTD Studio - 1 Bedroom

-

$-

$-

-

-

2 - 3 Bedrooms

6

$2,850,000 - $5,000,000

$3,925,000

5

51

4 - 5 Bedrooms

27

$2,290,000 - $17,812,500

$5,800,000

6

168

6+ Bedrooms

3

$7,050,000 - $22,425,000

$10,500,000

6

63


Snowmass Village SINGLE FAMILY HOMES Average Price Per Square Foot $2,000

$1,598

$1,500 $1,000

1%

$1,581

$1,245 $911

$977

2019

2020

2022 vs 2023

$500 $0

2021

2022

2023

Fourth Quarter YTD of

% Sold Price to Original List Price

2%

91%

94%

96%

96%

94%

2019

2020

2021

2022

2023

2022 vs 2023

Fourth Quarter YTD of

Average Days on Market

383 2019

252 2020

188 2021

Fourth Quarter YTD of

180 2022

150 2023

17%

2022 vs 2023


411 Wood Road 7 - Luxury Rental Snowmass Village, Colorado 4 BEDS | 4F, 1H BATHS | 3,359 SF

What’s For Sale? SINGLE FAMILY HOMES Active

Pending

Asking Price Range

Median Asking Price

Single Family Homes Active & Pending Studio - 1 Bedroom

-

-

$-

$-

2 - 3 Bedrooms

1

1

$6,295,000

$6,295,000

4 - 5 Bedrooms

14

4

$3,880,000 - $18,000,000

$10,447,500

6+ Bedrooms

1

1

$34,500,000

$34,500,000


Snowmass Village CONDOS / TOWNHOMES Condominium and townhome median prices in Snowmass Village saw meaningful gains compared to last year, with a median price of almost $1.8 million, up 10% from last year. The average price, however, was flat at $2.1 million, while the average price per square foot rose 3% to $1,548.

Village, compared to 94 last year.

Closed sales in 2023 increased to 158 from 114 last year, and overall sales volume rose 39% to nearly $337 million.

The percentage of sold to original list price rose slightly from 97% to 98%, while the days on market meaningfully rose from 91 to 386.

In the Snowmass Village condo/townhome market, the most expensive property sold in 2023 was $9.0 million, compared to the highest sale price last year of $7.5 million.

At the end of the year there were just 51 townhome or condominium units on the market in Snowmass

Median Sold Price

Average Sold Price

0%

$2.25M $2M $1.75M

2022 vs 2023

$1.5M

10%

2022 vs 2023

$1.25M $1M

Total Dollar Volume

$750K

$337M

$300M

$500K 2019

2020

2021

2022

Fourth Quarter YTD of

2023

$352M

$250M

39%

2022 vs 2023

$200M

Million

Thousands/Million

$2.5M

$150M $100M

$278M $242M

$140M

$50M $0

2019

2020

2021

2022

Fourth Quarter YTD of

Number of Properties Sold SOLD

SOLD

SOLD

SOLD

SOLD

128

197

245

114

158

2019

2020

2021

2022

2023

Fourth Quarter YTD of

39%

2022 vs 2023

2023


Timberline - 690 Carriage Way Unit B1B Snowmass Village, Colorado 1 BED | 1 BATH | 687 SF

What’s Selling? CONDOS AND TOWNHOMES Number Sold

Sold Price Range

Median Sold Price

Median % Off Asking Price

Avg. Days On Market

Condo / Townhomes Sold Fourth Quarter YTD Studio - 1 Bedroom

38

$150,000 - $1,300,000

$575,000

3

126

2 - 3 Bedrooms

116

$895,000 - $9,000,000

$1,877,500

0

464

4 - 5 Bedrooms

6

$3,800,000 - $8,789,377

$7,080,312

5

422


Snowmass Village CONDOS / TOWNHOMES Average Price Per Square Foot

3%

$2,000

$1,509 $1,548 $1,500 $1,000

$791

$844

2019

2020

$1,009

2022 vs 2023

$500 $0

2021

2022

2023

Fourth Quarter YTD of

% Sold Price to Original List Price

1%

96%

96%

98%

97%

98%

2019

2020

2021

2022

2023

2022 vs 2023

Fourth Quarter YTD of

Average Days on Market

271 2019

237 2020

136 2021

Fourth Quarter YTD of

91 2022

386 2023

324%

2022 vs 2023


130 Wood Road 505 & 507 Snowmass Village, Colorado 2 BEDS | 2 BATHS | 757 SF

What’s For Sale? CONDOS AND TOWNHOMES Active

Pending

Asking Price Range

Median Asking Price

Condominiums / Townhomes Active & Pending Studio - 1 Bedroom

13

4

$699,000 - $2,199,000

$999,000

2 - 3 Bedrooms

32

53

$1,175,000 - $9,995,000

$2,695,000

4 - 5 Bedrooms

11

9

$4,900,000 - $10,450,000

$9,475,000


Old Snowmass SINGLE FAMILY HOMES $8M $7.5M $7M $6.5M

29%

$5M $4.5M $4M

2022 vs 2023

$3.5M $3M

25%

2022 vs 2023

$2.5M $2M $1.5M $1M 2019

2020

2021

2022

2023

Fourth Quarter YTD of

Total Dollar Volume $150M

$128M $108M

$120M

43%

2022 vs 2023

$83M

$90M

Million

Million

Median Sold Price

Average Sold Price

$6M $5.5M

$60M

$72M

$30M

$30M $0 2019

2020

2021

2022

Fourth Quarter YTD of

Number of Properties Sold SOLD

SOLD

SOLD

SOLD

SOLD

13

31

26

20

16

2019

2020

2021

2022

2023

Fourth Quarter YTD of

20%

2022 vs 2023

2023


340 Monastery Cutoff Road Old Snowmass, Colorado 4 BEDS | 3F, 2H BATHS | 5,740 SF

What’s Selling? SINGLE FAMILY HOMES Number Sold

Sold Price Range

Median Sold Price

Median % Off Asking Price

Avg. Days On Market

$5,100,000

3

80

$2,212,500

8

148

$4,550,000

4

196

$-

-

-

Single Family Homes Sold Fourth Quarter YTD Studio - 1 Bedroom

1

2 - 3 Bedrooms

6

4 - 5 Bedrooms

8

6+ Bedrooms

-

$5,100,000 $308,000 - $5,074,070 $2,850,000 - $12,200,000 $-


Old Snowmass SINGLE FAMILY HOMES Average Price Per Square Foot $1,429

$1,500

$1,232

16%

$1,200

$738

$726

$900

$575

$600

2022 vs 2023

$300 0

2019

2020

2021

2022

2023

Fourth Quarter YTD of

% Sold Price to Original List Price

3%

89%

93%

95%

95%

92%

2019

2020

2021

2022

2023

2022 vs 2023

Fourth Quarter YTD of

Average Days on Market

254 2019

390 2020

185 2021

Fourth Quarter YTD of

186 2022

161 2023

13%

2022 vs 2023


35 Starlit Lane

Old Snowmass, Colorado 4 BEDS | 3F, 1H BATHS | 3,342 SF

What’s For Sale? SINGLE FAMILY HOMES Active

Pending

Active Asking Price Range

Median Asking Price

Single Family Homes Active & Pending Studio - 1 Bedroom

-

-

$-

$-

2 - 3 Bedrooms

1

-

$3,400,000

$3,400,000

4 - 5 Bedrooms

10

1

$699,000 - $15,900,000

$6,700,000

6+ Bedrooms

-

-

$-

$-


Woody Creek SINGLE FAMILY HOMES $10M $9M $8M

501%

$6M $5M $4M

2022 vs 2023

$3M

22%

2022 vs 2023

$2M $1M $0

2019

2020

2021

2022

2023

Fourth Quarter YTD of

Total Dollar Volume $150M

$129M

$120M

1904%

2022 vs 2023

Million

Million

Median Sold Price

Average Sold Price

$7M

$90M $60M $30M $0

$40M

$35M

$16M 2019

$1.74M 2020

2021

2022

Fourth Quarter YTD of

Number of Properties Sold SOLD

SOLD

SOLD

SOLD

SOLD

11

10

14

3

10

2019

2020

2021

2022

2023

Fourth Quarter YTD of

233%

2022 vs 2023

2023


Woody Creek, Colorado

What’s Selling? SINGLE FAMILY HOMES Number Sold

Sold Price Range

Median Sold Price

Median % Off Asking Price

Avg. Days On Market

$755,000

$755,000

0

58

$160,000 - $1,100,000

$576,500

1

46

$ 3,800,000 - $18,500,000

$8,600,000

9

154

$-

$-

-

-

Single Family Homes Sold Fourth Quarter YTD Studio - 1 Bedroom

1

2 - 3 Bedrooms

6

4 - 5 Bedrooms

3

6+ Bedrooms

-


Woody Creek SINGLE FAMILY HOMES Average Price Per Square Foot $2,000

$1,634

106%

$1,500

$500 0

$961

$916

$1,000

2019

2022 vs 2023

$467

$391

2020

2021

2022

2023

Fourth Quarter YTD of

% Sold Price to Original List Price

1%

94%

95%

97%

96%

95%

2019

2020

2021

2022

2023

2022 vs 2023

Fourth Quarter YTD of

Average Days on Market

376 2019

349 2020

222 2021

Fourth Quarter YTD of

57 2022

79 2023

39%

2022 vs 2023


Woody Creek, Colorado

What’s For Sale? SINGLE FAMILY HOMES Active

Pending

Active Asking Price Range

Median Asking Price

Single Family Homes Active & Pending Studio - 1 Bedroom

-

-

$-

$-

2 - 3 Bedrooms

2

1

$750,000 - $5,595,000

$3,172,500

4 - 5 Bedrooms

2

-

$1,049,000 - $8,600,000

$4,824,500

6+ Bedrooms

2

1

$6,977,000 - $17,900,000

$12,438,500


Basalt SINGLE FAMILY HOMES $2.5M

Median Sold Price

Average Sold Price

$2M

30%

$1.75M $1.5M

2022 vs 2023

$1.25M

47%

2022 vs 2023

$1M $750K $500K

2019

2020

2021

2022

2023

Fourth Quarter YTD of

Total Dollar Volume $200M

59%

2022 vs 2023

$169M

$100M

$146M

$131M

$150M

Million

Thousand/Million

$2.25M

$92M

$90M

$50M $0 2019

2020

2021

2022

Fourth Quarter YTD of

Number of Properties Sold SOLD

SOLD

SOLD

SOLD

SOLD

78

97

94

54

66

2019

2020

2021

2022

2023

Fourth Quarter YTD of

22%

2022 vs 2023

2023


Rental Listing - 500 Riverside Drive Basalt, Colorado 4 BEDS | 3 BATHS | 3,412 SF

What’s Selling? SINGLE FAMILY HOMES Number Sold

Sold Price Range

Median Sold Price

Median % Off Asking Price

Avg. Days On Market

Single Family Homes Sold Fourth Quarter YTD Studio - 1 Bedroom

2

$2,700,000 - $4,150,000

$3,425,000

16

177

2 - 3 Bedrooms

22

$932,000 - $4,750,000

$1,615,000

3

88

4 - 5 Bedrooms

41

$875,000 - $6,000,000

$1,850,000

3

129

6+ Bedrooms

1

$6,085,000

$6,085,000

6

83


Basalt SINGLE FAMILY HOMES Average Price Per Square Foot $1,000

$830

$800 $600

$414

$561

$494

27%

$654

2022 vs 2023

$400 $200 $0

2019

2020

2021

2022

2023

Fourth Quarter YTD of

% Sold Price to Original List Price

2%

95%

96%

97%

98%

96%

2019

2020

2021

2022

2023

2022 vs 2023

Fourth Quarter YTD of

Average Days on Market

158 2019

180 2020

148 2021

Fourth Quarter YTD of

93 2022

116 2023

25%

2022 vs 2023


Basalt, Colorado

What’s For Sale? SINGLE FAMILY HOMES Active

Pending

Active Asking Price Range

Median Asking Price

Single Family Homes Active & Pending Studio - 1 Bedroom

1

0

$1,695,000

$1,695,000

2 - 3 Bedrooms

4

3

$998,000 - $4,179,000

$2,832,500

4 - 5 Bedrooms

17

0

$1,595,000 - $13,400,000

$4,150,000

6+ Bedrooms

3

0

$8,999,000 - $21,000,000

$10,750,000


Basalt CONDO / TOWNHOMES $1.5M

9%

$1.2M $1.05M

2022 vs 2023

$900K

4%

2022 vs 2023

$750K $600K $450K $300K

2019

2020

2021

2022

2023

Fourth Quarter YTD of

Total Dollar Volume $120M

0%

2022 vs 2023

$80M $60M

$106.9M $106.5M

$96M

$100M

Million

Thousands/Millions

Median Sold Price

Average Sold Price

$1.35M

$81M $58M

$40M $20M $0

2019

2020

2021

2022

Fourth Quarter YTD of

Number of Properties Sold SOLD

SOLD

SOLD

SOLD

SOLD

89

117

94

93

85

2019

2020

2021

2022

2023

Fourth Quarter YTD of

9%

2022 vs 2023

2023


302 Wild Spring Lane

Basalt, Colorado

3 BEDS | 2F, 1H BATHS | 2,121 SF

What’s Selling? CONDOS AND TOWNHOMES Number Sold

Sold Price Range

Median Sold Price

Median % Off Asking Price

Avg. Days On Market

Condo / Townhomes Sold Fourth Quarter YTD Studio - 1 Bedroom

19

$220,000 - $1,187,500

$597,000

0

221

2 - 3 Bedrooms

60

$305,000 - $5,100,000

$1,257,500

0

147

4 - 5 Bedrooms

6

$970,000 - $2,860,000

$1,327,500

5

205

6+ Bedrooms

-

$-

$-

-

-


Basalt CONDOS / TOWNHOMES Average Price Per Square Foot $1,000

$711

$800 $600

21%

$859

$434

$561

$497

2022 vs 2023

$400 $200 $0

2019

2021

2020

2022

2023

Fourth Quarter YTD of

% Sold Price to Original List Price

1%

2022 vs 2023

98%

98%

100%

100%

99%

2019

2020

2021

2022

2023

Fourth Quarter YTD of

Average Days on Market

189 2019

173 2020

85 2021

Fourth Quarter YTD of

155 2022

167 2023

8%

2022 vs 2023


Rental Listing - 331 Branding Way Basalt, Colorado

2 BEDS | 2F, 1H BATHS | 1,779 SF

What’s For Sale? CONDOS AND TOWNHOMES Active

Pending

Asking Price Range

Median Asking Price

Condominiums / Townhomes Active & Pending Studio - 1 Bedroom

3

2

$849,000 - $1,180,000

$1,125,000

2 - 3 Bedrooms

23

18

$944,000 - $5,500,000

$2,183,512

4 - 5 Bedrooms

4

-

$1,150,000 - $4,655,000

$1,250,000

6+ Bedrooms

1

-

$2,200,000

$2,200,000


Carbondale SINGLE FAMILY HOMES $2.5M $2.25M $2M

Average Sold Price

17%

$1.5M $1.25M

2022 vs 2023

Median Sold Price

19%

2022 vs 2023

$1M $750K $500K

2019

2020

2021

2022

2023

Fourth Quarter YTD of

Total Dollar Volume $250M

41%

2022 vs 2023

$150M

$201M

$182M $187M

$200M

Million

Million

$1.75M

$143M $105M

$100M $50M $0

2019

2020

2021

2022

Fourth Quarter YTD of

Number of Properties Sold SOLD

SOLD

SOLD

SOLD

SOLD

101

140

121

74

89

2019

2020

2021

2022

2023

Fourth Quarter YTD of

20%

2022 vs 2023

2023


Carbondale, Colorado

What’s Selling? SINGLE FAMILY HOMES Number Sold

Sold Price Range

Median Sold Price

Median % Off Asking Price

Avg. Days On Market

Single Family Homes Sold Fourth Quarter YTD Studio - 1 Bedroom

-

$-

$-

-

-

2 - 3 Bedrooms

24

$795,000 - $3,250,000

$1,568,000

1

75

4 - 5 Bedrooms

60

$340,000 - $7,650,000

$2,262,500

3

154

6+ Bedrooms

5

$2,065,000 - $4,355,000

$2,600,000

6

180


Carbondale SINGLE FAMILY HOMES Average Price Per Square Foot $800 $700

$662

$590

$600

12%

$497

$500

$322

$400

$382

2022 vs 2023

$300 $200 $100 $0

2019

2020

2021

2022

2023

Fourth Quarter YTD of

% Sold Price to Original List Price

0%

2022 vs 2023

96%

97%

98%

97%

97%

2019

2020

2021

2022

2023

Fourth Quarter YTD of

Average Days on Market

186 2019

156 2020

97 2021

Fourth Quarter YTD of

130 2022

134 2023

3%

2022 vs 2023


Carbondale, Colorado

What’s For Sale? SINGLE FAMILY HOMES Active

Pending

Active Asking Price Range

Median Asking Price

Single Family Homes Active & Pending Studio - 1 Bedroom

-

-

$-

$-

2 - 3 Bedrooms

4

6

$975,000 - $3,995,000

$2,395,000

4 - 5 Bedrooms

20

4

$2,225,000 - $6,250,000

$3,335,000

6+ Bedrooms

1

-

$2,000,000

$2,000,000


Carbondale CONDO / TOWNHOMES $1.2M

14%

$1M $900K

2022 vs 2023

$800K

7%

2022 vs 2023

$700K $600K $500K $400K

2019

2020

2021

2022

2023

Fourth Quarter YTD of

Total Dollar Volume $80M

$67M

$70M

1%

2022 vs 2023

$60M $50M

Million

Hundred Thousands

Median Sold Price

Average Sold Price

$1.1M

$42M

$44M

2019

2020

$49M

$48M

2022

2023

$40M $30M $20M $10M $0

2021

Fourth Quarter YTD of

Number of Properties Sold SOLD

SOLD

SOLD

SOLD

SOLD

73

73

96

54

47

2019

2020

2021

2022

2023

Fourth Quarter YTD of

13%

2022 vs 2023


Carbondale, Colorado

What’s Selling? CONDOS AND TOWNHOMES Number Sold

Sold Price Range

Median Sold Price

Median % Off Asking Price

Avg. Days On Market

Condo / Townhomes Sold Fourth Quarter YTD Studio - 1 Bedroom

3

$278,000 - $525,123

$525,000

0

54

2 - 3 Bedrooms

38

$306,818 - $2,250,000

$777,500

2

79

4 - 5 Bedrooms

5

$700,000 - $2,365,000

$2,325,000

5

183

6+ Bedrooms

1

$2,178,000

$2,178,000

0

51


Carbondale CONDOS / TOWNHOMES Average Price Per Square Foot $600

$506

11%

$434

$500 $400

$562

$317

$339

2022 vs 2023

$300 $200 $100 $0

2019

2021

2020

2022

2023

Fourth Quarter YTD of

% Sold Price to Original List Price

2%

2022 vs 2023

98%

99%

100%

99%

97%

2019

2020

2021

2022

2023

Fourth Quarter YTD of

Average Days on Market

112 2019

157 2020

139 2021

Fourth Quarter YTD of

157 2022

88 2023

44%

2022 vs 2023


Carbondale, Colorado

What’s For Sale? CONDOS AND TOWNHOMES Active

Pending

Asking Price Range

Median Asking Price

Condominiums / Townhomes Active & Pending Studio - 1 Bedroom

-

-

$-

$-

2 - 3 Bedrooms

6

1

$720,000 - $1,399,000

$1,165,000

4 - 5 Bedrooms

6

1

$810,000 - $3,100,000

$2,675,000


Missouri Heights SINGLE FAMILY HOMES $2.5M

$2M

Average Sold Price

8%

$1.75M $1.5M $1.25M

2022 vs 2023

Median Sold Price

15%

2022 vs 2023

$1M $750K $500K

2019

2020

2021

2022

2023

Fourth Quarter YTD of

Total Dollar Volume $100M

16%

2022 vs 2023

$80M

$80M

Million

Thousand/Million

$2.25M

$60M

$78M $57M

$54M

$40M $20M $0

2019

2020

2021

2022

Fourth Quarter YTD of

Number of Properties Sold SOLD

SOLD

SOLD

SOLD

SOLD

45

46

42

26

28

2019

2020

2021

2022

2023

Fourth Quarter YTD of

$66M

8%

2022 vs 2023

2023


Missouri Heights, Colorado

What’s Selling? SINGLE FAMILY HOMES Number Sold

Sold Price Range

Median Sold Price

Median % Off Asking Price

Avg. Days On Market

Single Family Homes Sold Fourth Quarter YTD Studio - 1 Bedroom

-

$-

$-

-

-

2 - 3 Bedrooms

13

$910,000 - $2,950,000

$1,725,000

4

149

4 - 5 Bedrooms

14

$1,550,000 - $6,500,000

$2,400,000

4

127

6+ Bedrooms

1

$2,250,000

$2,250,000

10

101


Missouri Heights SINGLE FAMILY HOMES Average Price Per Square Foot

$800 $700

$605

$600

9%

$479

$500 $400

$661

$380 $306

$300

2022 vs 2023

$200 $100 $0

2019

2020

2021

2023

2022

Fourth Quarter YTD of

% Sold Price to Original List Price

2%

94%

95%

96%

97%

95%

2019

2020

2021

2022

2023

2022 vs 2023

Fourth Quarter YTD of

Average Days on Market

222 2019

239 2020

153 2021

Fourth Quarter YTD of

160 2022

136 2023

15%

2022 vs 2023


Missouri Heights, Colorado

What’s For Sale? SINGLE FAMILY HOMES Active

Pending

Active Asking Price Range

Median Asking Price

Single Family Homes Active & Pending Studio - 1 Bedroom

-

-

$-

$-

2 - 3 Bedrooms

3

1

$1,697,000 - $6,599,000

$5,495,000

4 - 5 Bedrooms

13

2

$1,399,000 - $7,150,000

$3,200,000

6+ Bedrooms

2

1

$2,495,000 - $6,950,000

$4,722,500


Glenwood Springs SINGLE FAMILY HOMES $1.2M

$1M

Median Sold Price

Average Sold Price

5%

$900K $800K

2022 vs 2023

$700K

4%

2022 vs 2023

$600K $500K $400K

2019

2020

2021

2022

2023

Fourth Quarter YTD of

Total Dollar Volume $185M

$200M

$158M

$155M

11%

2022 vs 2023

$150M

Million

Hundred Thousand

$1.1M

$100M

$94M

$50M $0

2019

2020

2021

2022

Fourth Quarter YTD of

Number of Properties Sold SOLD

SOLD

SOLD

SOLD

SOLD

154

230

221

161

137

2019

2020

2021

2022

2023

Fourth Quarter YTD of

$141M

15%

2022 vs 2023

2023


Glenwood Springs, Colorado

What’s Selling? SINGLE FAMILY HOMES Number Sold

Sold Price Range

Median Sold Price

Median % Off Asking Price

Avg. Days On Market

Single Family Homes Sold Fourth Quarter YTD Studio - 1 Bedroom

2

$665,000 - $750,000

$707,500

5

194

2 - 3 Bedrooms

86

$410,000 - $2,200,000

$827,500

1

96

4 - 5 Bedrooms

45

$395,000 - $2,495,000

$1,100,000

3

96

6+ Bedrooms

4

$850,000 - $3,350,000

$2,005,000

9

83


Glenwood Springs SINGLE FAMILY HOMES Average Price Per Square Foot $500

$345

$400 $300

$244

$395

$436

10%

$271

2022 vs 2023

$200 $100 $0

2019

2020

2021

2022

2023

Fourth Quarter YTD of

% Sold Price to Original List Price

1%

2022 vs 2023

98%

98%

99%

98%

97%

2019

2020

2021

2022

2023

Fourth Quarter YTD of

Average Days on Market

112 2019

87

93 2020

2021 Fourth Quarter YTD of

90 2022

97 2023

8%

2022 vs 2023


Glenwood Springs, Colorado

What’s For Sale? SINGLE FAMILY HOMES Active

Pending

Active Asking Price Range

Median Asking Price

Single Family Homes Active & Pending Studio - 1 Bedroom

-

-

$-

$-

2 - 3 Bedrooms

7

4

$719,000 - $1,440,000

$885,000

4 - 5 Bedrooms

13

9

$640,000 - $2,400,000

$1,050,000

6+ Bedrooms

-

-

$-

$-


Glenwood Springs CONDO / TOWNHOMES $600K

1%

$500K $450K

2022 vs 2023

1%

2022 vs 2023

$400K $350K $300K

2019

2020

2021

2022

2023

Fourth Quarter YTD of

Total Dollar Volume $45M

$50M $40M

11%

2022 vs 2023

Million

Hundred Thousand

Median Sold Price

Average Sold Price

$550K

$39M $32M $27M

$30M

$23M

$20M $10M $0

2019

2020

2021

2022

Fourth Quarter YTD of

Number of Properties Sold SOLD

SOLD

SOLD

SOLD

SOLD

100

81

96

85

42

2019

2020

2021

2022

2023

Fourth Quarter YTD of

51%

2022 vs 2023

2023


Glenwood Springs, Colorado

What’s Selling? CONDOS AND TOWNHOMES Number Sold

Sold Price Range

Median Sold Price

Median % Off Asking Price

Avg. Days On Market

Condo / Townhomes Sold Fourth Quarter YTD Studio - 1 Bedroom

6

$160,000 - $399,000

$247,500

1

68

2 - 3 Bedrooms

33

$325,000 - $900,000

$541,000

0

66

4 - 5 Bedrooms

3

$700,000 - $854,000

$802,500

2

70


Glenwood Springs CONDOS / TOWNHOMES Average Price Per Square Foot $500

17%

$424 $363

$400 $300

$252

$267

2019

2020

$308

2022 vs 2023

$200 $100 $0

2021

2022

2023

Fourth Quarter YTD of

% Sold Price to Original List Price

1%

2022 vs 2023

98%

98%

100%

99%

98%

2019

2020

2021

2022

2023

Fourth Quarter YTD of

Average Days on Market

100 2019

87 2020

80 2021

Fourth Quarter YTD of

93 2022

67 2023

28%

2022 vs 2023


Glenwood Springs, Colorado

What’s For Sale? CONDOS AND TOWNHOMES Active

Pending

Asking Price Range

Median Asking Price

Condominiums / Townhomes Active & Pending Studio - 1 Bedroom

1

-

$299,950

$299,950

2 - 3 Bedrooms

6

3

$340,000 - $725,000

$574,500

4 - 5 Bedrooms

-

-

$-

$-


1

#

2023 Top Sales

1001 Ute Avenue | Aspen $76,000,000

3

#

2

#

Rose Spur Road | Snowmass $24,000,000

294 Draw Drive | Aspen $21,000,000


Our Property Collection

Brush Creek Ranch $29,000,000

6 BEDS | 6 BATHS | 4,995 SF | 102+ ACRE RANCH 660 BRUSH CREEK ROAD, SNOWMASS VILLAGE

West End Retreat $28,500,000

5 BEDS | 5F, 2H BATHS | 6,019 SF 810 W SMUGGLER STREET, ASPEN

Red Mountain Ranch $25,000,000

5 BEDS | 5 BATHS | 3 CAR GARAGE 804 HUNTER CREEK ROAD, ASPEN


Red Mountain Sanctuary

West End Retreat

$21,500,000 OPEN-LIVING CONCEPT

$28,500,000 NEW CONSTRUCTION

4 BEDS | 4F, 2H BATHS | 4,744 SF 349 DRAW DRIVE, ASPEN 60

5 BEDS | 5F, 2H BATHS | 6,019 SF 810 W SMUGGLER STREET, ASPEN 60

Unbeatable + Rare Lake Views

Luxurious West End

$19,950,000 WEST END LIVING

$17,900,000 PERFECT FOR HOSTING

5 BEDS | 4F, 1H BATHS | 4,457 SF 280 LAKE AVENUE, ASPEN 60

4 BEDS | 4F, 1H BATHS | 5,482 SF 101 W FRANCIS STREET, ASPEN

Majestic Maroon Court

Havens 8

$18,500,000 NEW CONSTRUCTION

$17,600,000 SKI-IN/SKI-OUT

5 BEDS | 8 BATHS | 5,066 SF 30 MAROON COURT, ASPEN 660

4 BEDS | 4F, 1H BATHS | 3,349 SF 411 WOOD ROAD 8, SNOWMASS VILLAGE

Discover Modern Elegance

Roaring Fork Riverfront Ski Home

4 BEDS | 5F, 1H BATHS | 4,900 SF 765 CEMETERY LANE, ASPEN

4 BEDS | 4F, 1H BATHS | 2,499 SF 1096 WATERS AVENUE, ASPEN

$14,900,000 NEW CONSTRUCTION

$14,895,000 DOWNTOWN ASPEN


Walking Distance to Aspen Mtn

Aspen’s Coveted West End

$14,900,000 DECK WITH VIEWS OF AJAX

$12,500,000 ASPEN RETREAT

4 BEDS | 5F, 1H BATHS | 5,095 SF 910 E COOPER AVENUE WEST, ASPEN

4 BEDS | 6 BATHS | 3,759 SF 604 N EIGHTH STREET, ASPEN

Design Your Dream Home

Tranquil Banks of Capitol Creek

$6,500,000 WHITE BOX - CUSTOMIZE IT

$5,995,000 BREATHTAKING VIEWS

4 BEDS | 3F, 2H BATHS | 5,740 SF

4 BEDS | 3F, 1H BATHS | 3,342 SF

340 MONASTERY CUTOFF RD, SNOWMASS

35 STARLIT LANE, SNOWMASS

Timber Ridge Retreat

Beautiful West End Victorian

$4,995,000 ASPEN CORE

$4,800,000 WALK TO EVERYTHING

4 BEDS | 3 BATHS | 1,523 SF 100 E DEAN STREET 1B & 1C, ASPEN

3 BEDS | 4 BATHS | 1,452 SF 124 E DURANT AVENUE 10, ASPEN

Breathtaking Aspen Mtn Views

Fasching Haus Aspen Core

$4,300,000 GANT UNIT - ASPEN CORE

2 BEDS | 2 BATHS | 965 SF 610 S WEST END ST H-401, ASPEN 60

$3,100,000 RARELY AVAILABLE

2 BEDS | 2 BATHS | 845 SF 718 S MILL STREET 11, ASPEN


Great Aspen Core Condo

Stunning Mountain Views

$2,975,000 A BLOCK FROM GONDOLA

$2,795,000 TIMBER RIDGE CONDO

2 BEDS | 2 BATHS | 932 SF 450 S ORIGINAL STREET 2, ASPEN 60

2 BEDS | 1F, 1H BATHS | 880 SF

Downtown Aspen Core

Privacy & Stunning Views

2 BEDS | 1 BATH | 771 SF 220 W MAIN STREET 210/P1/B6, ASPEN

3 BEDS | 2F, 1H BATHS | 2,121 SF 302 WILD SPRING LANE, BASALT

$2,495,000 NEWLY REMODELED

100 E DEAN STREET 3D, ASPEN

$2,385,000 THE WILDS

Historic Herron Mansion

Discover Mountain Luxury Living

$1,995,000 STR PERMITS AVAILABLE

$1,900,000 SKI-IN, SKI-OUT

1 BED | 1 BATH | 616 SF 333 W MAIN STREET 1-A, ASPEN

2 BEDS | 2 BATHS | 757 SF 130 WOOD ROAD 505 & 507, SMV

Your Aspen Sanctuary

Aspen Core Pied-à-Terre

$1,500,000 BEAUTIFULLY UPDATED

$1,475,000 CHRISTIANA ASPEN

1 BED | 1 BATH | 626 SF 1049 VINE STREET, ASPEN

1 BED | 1 BATH | 460 SF 501 W MAIN STREET A101, ASPEN


Quick Walk to Smuggler

Top-Floor Timberline Condo

$1,395,000 PARK CIRCLE

$1,295,000 SKI ACCESS TO FANNY HILL

1 BED | 1 BATH | 625 SF 425 PARK CIRCLE B, ASPEN

1 BED + LOFT | 2 BATH | 947 SF 690 CARRIAGE WAY A3F, SMV

Exquisite Luxury Penthouse

Least Expensive Aspen Core Condo

$1,195,000 DESIGNER FINISHES

$915,000 TURN-KEY STUDIO

STUDIO | 1 BATH | 263 SF 914 WATERS AVENUE 12, ASPEN

STUDIO | 1 BATH | 350 SF 725 E MAIN STREET #108, ASPEN

Timberline Deluxe Condominium

Colorado’s Western Slope

$825,000 AMAZING AMENITIES

$525,000 BREATHTAKING LANDSCAPE

1 BED | 1 BATH | 687 SF 690 CARRIAGE WAY UNIT B1B, SMV

10 ACRES WITH WATER RIGHTS 213 259A COUNTY ROAD, SILT

Sweeping Panoramic Views

Stunning Views

$500,000 BUILD YOUR DREAM HOME

$300,000 BUILD YOUR DREAM HOME

20 ACRES WITH STUNNING VIEWS 152 RUSTY SPUR TRAIL, RIFLE

10 ACRES WITH STUNNING VIEWS 152 RUSTY SPUR TRAIL, RIFLE


LIFESTYLE. LUXURY. LEGACY. 520 E Durant Ave Suite 205, Aspen • 970.544.5800 Properties@ChristiesAspenRE.com • ChristiesAspenRE.com


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