Mother Nature and Old Man Winter have teamed up and are kicking off the 2019 ski season with lots of snow! 26” in the past 3 days and a total snowfall of 182” this season compared to the 233” the entire 2018 season.
With epic snow conditions, Base Village at Snowmass and Aspen core condos and townhomes year-over-year continue to draw buyers consistently. Many who have been visiting Snowmass Village for years are now enjoying activities such as ice skating, rock climbing, outdoor concerts, new restaurants and shopping experiences that Base Village is now able to offer everyone-it’s a whole new world up there!
CONDO/TOWNHOMES: Snowmass Village condo/townhome sales volume is up 40%, price per square foot is up 9% to $689, number sold is up 48% while average price was down 5% to $871,654. With the new Base Village offerings, many buyers are now looking for newer or remodeled properties instead of dated ones built prior to 2000. Aspen condo/townhome average sold price is up 19% to $2,667,462, price per square foot is up 11% to $1520, number sold is down 19% and total sales volume is down 4%.
SINGLE FAMILY HOMES: Snowmass Village and Aspen single-family home sales are down year-over-year. Snowmass Village average sold price is down 5% to $3,127,309, average price per square foot is down 2% to $758, number sold is unchanged and total sales volume is down 5%. Aspen single-family home average sold price is down 19% to $6,456,313, average price per square foot is down 9% to $1,454, number of properties sold is down 20% to 79 and sales volume is down 36%. *See detailed year-end stats in the Market Report below.
If you would like to know more about the Aspen Valley real estate market or what your property might be worth please don't hesitate to contact me. I look forward to seeing you soon and I hope that 2019 is filled with health, prosperity and happiness.
I am excited to share that my listing at 465 Thunderbowl Lane in Aspen Highlands sold in January for $17,350,000. This closing marks the highest sale in Aspen Highlands ever!
ELEVATED LIVING BLOG
Snowmass Base Village Surges Into 2019
By Katie Shapiro
Since the ribbon was cut at the grand opening celebration of the long-awaited Snowmass Base Village (SBV) development on December 15, 2018, to a jam-packed plaza, the excitement has only intensified.
In the two days that followed the festivities, the Aspen Times reported that nine deals closed — eight in the Limelight Hotel Snowmass and one at Lumin — amounting to $23.7 million in sales volume. One of Aspen Snowmass Sotheby’s International Realty’s resident market research expert, attributes the spike to “the psychological influence of Base Village.”
It’s a promising start to a much-hyped project that has been decades in the making, which while officially open for business, still has to put the finishing touches on its last project. Upon completion, SBV’s residential offerings will include One Snowmass with Inspirato along with the Limelight Hotel Snowmass, Lumin and Residences at Viceroy Snowmass...
2018 YEAR-END MARKET SHARE REPORT
Aspen Snowmass Sotheby's International Realty continues to maintain our position as the top real estate brokerage firm in the Roaring Fork Valley. This report includes all closings in the Aspen Glenwood MLS in 2018.
LOCAL MARKET REPORT
Year-End 2018 vs 2017
Our annual Market Report showcases vital statistics for properties sold in Aspen, Snowmass Village, Basalt, Carbondale, Glenwood Springs, and New Castle. Our report is unique in that we compare the markets in these areas year-over-year.
ASPEN/SNOWMASS CALENDAR OF EVENTS
Ullr Nights - Snowmass
Every Friday night Aspen Snowmass celebrates the Norse God of Snow — Ullr — a nighttime, winter wonderland party at Elk Camp.
Full Moon Cliffhouse Dinners - Buttermilk
Two more dinners will be offered this the winter season: February 19 and March 20.
Friday Morning Uphill Breakfast Club - Buttermilk
Skin, snowshoe, splitboard, or hike up Buttermilk for a delicious breakfast
with a view, hosted at the Cliffhouse restaurant. EVENT INFO →
Sundown on the Sundeck - Aspen
Ski Aspen Mountain until the sun sets, then head up to the Sundeck for a party under the stars on February 16 and March 16.
Game of Stones - Snowmass
Curling comes to Snowmass with the new Game of Stones curling series at the Limelight Ice Rink! Every Friday starting February 8.
Aspen's Living Legend Skiing at 99:
Aspen innovator Klaus Obermeyer, still skiing at age 99, celebrated at Outdoor Retailer Snow Show kickoff. Article by Colorado Sun