February 2019 Newsletter

Dear Friends,

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!

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Snowmass Base Village Surges Into 2019

By Katie Shapiro

Snowmass Base Village Grand Opening Fireworks

Snowmass Base Village Grand Opening Fireworks

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...




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.




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. 



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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: 
Klaus Obermeyer

Aspen innovator Klaus Obermeyer, still skiing at age 99, celebrated at Outdoor Retailer Snow Show kickoff. Article by Colorado Sun


December 2018 Newsletter

Dear Friends,



With the holidays upon us, the early snowfall and the opening celebration of Base Village at Snowmass last weekend, the 2018/2019 winter season is off to an exciting start.

The celebration was a game changer for Snowmass Village revealing the Limelight Hotel and Lumin Residences, new outdoor ice rink, climbing wall, new restaurants including Coloradough Donuts, The Creperie, concerts and shops! It is now a super cool place to hang out with the whole family. Do not miss it!

Aspen real estate has slowed in 2018 while Snowmass Village real estate gained momentum due to partial completion of Base Village. See YTD November market reports for Aspen, Snowmass, Basalt and Carbondale below as well as an overview of the last 12 years of real estate in Aspen.

Get out and enjoy the snow and be sure to download the Aspen Snowmass app on your phone and start tracking laps and earning discounts! See app icon at bottom of newsletter.

Happy Holidays!



465 Thunderbowl Lane


Setting the stage on the slopes of Aspen Highlands this 5 bedroom, 8 bath home is a timeless legacy. Enjoy spectacular mountain views through floor to ceiling windows. Ski out your door for first tracks on Goldenhorn and Thunderbowl or hike to the top of Highland Bowl whenever you want or relax slope side for après in the infinity hot tub overlooking Highlands Village and the valley floor. Tastefully designed, the floor plan caters to every occasion including small and large gatherings with sprawling walk-out patios, fire pit, home theatre, wine room, weight room, spa and more. Each room of the home is thoughtfully tailored with the feel of mountain chalet with a classic sophistication.


At W Aspen


The Residences

The former Sky Hotel's renovation and new operation under W Hotels Worldwide will include 11 shared ownership residences: Six three-bedroom, three-and-one-half-bath Residences, and five two-bedroom, two-and-one-half-bath Residences. Interior design by NemaWorkshop and architecture by locals Rowland + Broughton.

Shared Ownership Details

The Sky Residences at W Aspen will be offered for sale as a deeded 1/10th undivided interest in real estate. Each 1/10th ownership interest provides five weeks of use by each Owner. The four guaranteed Planned Vacation Weeks are established within the winter and summer seasons, with two weeks of use in each season. The fifth week of ownership, Space Available Nights, will be either dedicated to the winter or summer season, depending upon ownership preference.

Pricing & Availability

Contact me at 970-379-0195 or Laurie@LaurieLaing.com


A Historical Look Over The Past 12 Years


Click on each graph below to view a larger interactive version.



Highlights: Single Family

YTD January-November 2017 vs. 2018 

YTD single family average sold price is $6,130,568 down 16.5% from $7,344,451,  number of homes sold is down 23% from 105 to 81 and total sales volume is down 36% to $494,323,752. Sellers are receiving 93% of their list price up from 92% and homes are selling in 199 days vs 237. I attribute the decrease in average sold price to the reduction of luxury home sales over $20 million and the decrease in number of transactions to a shift in purchases for higher end condos and penthouses in the core that require less maintenance.

Total sales volume is up 3% to $131,923,048 as well as number of homes sold from 38 to 41. Average sold price decreased 6.9% to $3,219,326 while days on market rose from 235 to 257. Sellers are now receiving 92.6% of their list price vs.91.7%. After a long flat run, sales that the condo segment of the market experienced have now started to trickle into the single family home segment as Buyers now see all that Base Village has to offer their families and that it's here to stay. 

Highlights: Condo/Townhome

Average sold price was up 19.5% from $2,203,014 to $2,633,700 and price per square foot was up 10% from $1,373 to $1,510. While condos/townhomes are only taking 199 days to sell compared to 237 last year, the total number of sold properties was down 26% from 167 to 123.

The total number of sold properties increased 42.6% from 94 to 134, total sales volume rose 15% from $88,715,417 to $102,354,829, while average sold price declined 18% from $933,846 to $763,842. Selllers are receiving 93.6% of their list price vs.89.3% and properties are selling almost twice as fast from 395 days on market to 233.




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