ASPEN MARKET INSIGHTS
Q1 | 2025 in Review
Based on Sales Volume, 2019–2024
$5+ BILLION Total Closed Sales to Date
$746+ MILLION 2024 Closed Sales
60+ YEARS Experience in Aspen Real Estate
$29.9 MILLION 2024 Average Sale Price
$108 MILLION
Highest Residential Sale Price in Colorado to Date, 419 Willoughby Way Closed Off-Market in April 2024
Saslove & Warwick was founded by Joshua Saslove and Riley Warwick.
The Saslove & Warwick Team approaches Aspen’s real estate landscape with an auspicious blend of experience, deep community ties, and forward-thinking. The team possesses a plethora of knowledge regarding real estate in all areas of the Roaring Fork Valley, while also specializing in Red Mountain, Central Core, West Aspen, and East Aspen, specifically.
Together, the team has over 60 years of experience and $5+ Billion in Closed Sales.
PREMIER SKI-IN/OUT ESTATE AT ASPEN HIGHLANDS
350 Thunderbowl Lane, Aspen | $32,000,000
7 BR, 6 BA, 1 HALF BA | Approx. 9,000sf
CONUNDRUM HOUSE
Conundrum Creek Road, Aspen | $32,000,000 4 BR, 4 BA, 2 HALF BA | Approx. 7,357sf | Approx. 4 Acres
*Co-Listed with Chris Souki | Compass
NOTEWORTHY
$108,000,000 | Record-Breaking Sale Represented Buyer and Seller
$32,000,000 Represented Buyer
$55,000,000 Represented Buyer and Seller
$13,400,000 Represented Buyer
927 East Hyman Avenue
$12,400,000 Represented Seller
850 Roaring Fork Road
$34,750,000 Represented Buyer
800 South Monarch Street, 9
$9,250,000 | Record-Breaking Sale Represented Seller
SUN-DRENCHED LEGACY PROPERTY
TBD Conundrum Creek Road, Aspen | $19,950,000
Approx. 23.56 Acres
Q1 2025 Market Insights
ASPEN
“It’s not surprising that the Central Core led this quarter with the highest number of transactions. What is surprising is that in the first quarter alone, the Central Core saw five properties close for more than $20MM. These five sales saw an average price-per-square-foot of $4,688. They are all either turn-key or have an unusual attribute for the Central Core, such as large gross square footage or large number of bedrooms. Take out these five sales and the average price per square foot of the remaining sales is $3,736/sf, a discount of over 20%.”
TOTAL Q1 TRANSACTION QUANTITIES
$526.70MM+ $403.68MM+ $388.99MM+ $545.29MM+
“The theme of ultra luxury home sales continues as the $10MM and under market relaxes. Over 40% of all transactions in the first quarter were for $10MM+ properties. Despite flat activity year over year, the first quarter of 2025 saw a 140% increase in sales volume, due almost entirely to the $20MM+ market.”
RILEY WAR WICK S&W BROKER ASSOCIATE
TOTAL Q1 TRANSACTION QUANTITIES
ASPEN
TOTAL Q1 SALES VOLUME BY TYPE YEAR OVER YEAR
$350MM
$300MM
$250MM
$200MM
$150MM
$100MM
$50MM
$0
READY TO BUILD IN WEST ASPEN
TBD Pfister Drive, Aspen | $5,250,000 Land | Approx. 0.59 Acres
*Approx. Property Outline
Q1
2025 Market Insights
SNOWMASS VILLAGE
SNOWMASS VILLAGE
TOTAL Q1 SALES VOLUME YEAR OVER YEAR
$134.53MM+ $94.67MM+ $140.33MM+ $184.60MM+
“Once again, the dollar volume for Q1 2025 compared to Q1 2024 has continued to skyrocket almost entirely due to the Snowmass Base Village development. The newly completed Aura had three re-sales in Q1 2025, with an overall 25%-30% increase from their previous close in 2024. Priority reservations for Stratos were released January 30th and 75% of the contracts were pending as of early February.The single-family home market in Q1 saw three sales ranging from $14.65MM - $22.25MM, compared to Q1 2024, which had only one sale above $10MM. Ski-in/out homes continue to achieve a premium price.
SNOWMASS VILLAGE
TOTAL
Q1 SALES VOLUME BY TYPE YEAR OVER YEAR
$500MM
$100MM
*Co-Listed with Chris Souki | Compass THE CONUNDRUM HOUSE 255 Conundrum Creek Road, Aspen | $32,000,000 4 BR, 4 BA, 2 HALF BA | Approx. 7,357sf | Approx. 4 Acres
Q1
2025 Market Insights
OLD SNOWMASS
COMMERCIAL LISTING AT THE BENEDICT BUILDING
1280 Ute Avenue, Aspen | $4,575,000
7 Office Spaces, 2 Storage Units | Approx. 3,043sf
Emery is an incredible realtor. We had a difficult purchase with serious survey issues. It took us 3 1/2 months to close the property. Emery‘s hard work, perseverance, and positive attitude led to a successful closing. Emery took control of the situation with very little help from the sellers side. She connected us with a great law firm and with a new, more qualified surveyor. If she had not stepped up with her referrals, the deal probably would’ve fallen through. Emery is not only an incredible realtor but she becomes your best friend. We love Emery and would not work with anyone else in Aspen. We will be lifelong friends with her.
RECENT S&W BUYER
OLD SNOWMASS
$9.72MM+ $56.02MM+ $36.52MM+ $10.59MM+
OLD SNOWMASS
TOTAL Q1 TRANSACTION QUANTITIES BY PRICE POINT YEAR OVER YEAR
“Q1 in Old Snowmass saw all sales close under $5MM. Buyers continue to see greater value as they move down the Roaring Fork Valley. Old Snowmass provides natural beauty and swift access to the entire valley, with a more welcoming entry price. We anticipate a higher number of sales in Old Snowmass during the summer months.”
EMERY HOLTON S&W BROKER ASSOCIATE
Dombrowski | Aspen Snowmass Sotheby’s International Realty
OLD SNOWMASS
TOTAL
Q1 SALES VOLUME BY TYPE YEAR OVER YEAR
$60MM
$50MM
$40MM
$30MM
$20MM
$10MM
$0
*Co-Listed with Becky Dombrowski | Aspen Snowmass Sotheby’s International Realty
with Ashley Ernst | Douglas Elliman Real Estate
We feel so fortunate to do what we love in our favorite place on earth, Aspen. It’s about more than homes to us— the Roaring Fork Valley offers an unparalleled lifestyle that we deeply cherish sharing with others every day. This genuine passion, along with our unwavering dedication to our clients and extensive market knowledge, have been the foundation of our success for over 60 years.
Please contact us to learn more.