Midsummer Aspen Market Update

More Inventory for Buyers & More Flexible Sellers​ (It's not Covid anymore): After our first distinct spring off-season in a few years, we welcomed a busy summer. The transaction pace has slowed, yet prices remain strong.
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Amazing Activities & Events: Everything is in full swing, from the Aspen Saturday Farmer's Market to the Aspen Music Festival, the Snowmass Rodeo, Theater Aspen, Aspen Institute Events, Art Crush, Jazz Aspen/Snowmass, Basalt Summer Concert Series and Basalt Sunday Farmer's Market...the list goes on and on!
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Renewed Appreciation for Aspen's Amazing Weather, Small Town Vibes & Safe Environment: We had a very wet spring which turned into a stunningly green and warm summer. August is glorious so far, with afternoon monsoons and comfortable temps in the evening, less crowded hiking and biking trails, more available tee times, and back to small town living. It's what people LOVE about Aspen, and there's no better place to be in the summer. 
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In summary, there is more opportunity and selection now than there has been for the last three years. If you love Aspen or any area of the Roaring Fork Valley, let us help you find the best opportunity to begin enjoying it! Our lack of developable land, gorgeous climate and endless supply of outdoor and cultural activities consistently keeps our values high, so if you are interested, finding what you like and making the right buy is the most important. Summer and fall weather drives our sales, so if you are thinking about selling, there's no time like now to show off your property.
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Upvalley - Aspen/Snowmass, Woody Creek, Old Snowmass
• Sold Listings for all areas combined: Sales transactions are down just slightly from 2022 (237 sales versus 256). Sold dollar volume is down 27% from 1.78 billion to $1.29 billion, and median sales price decreased 38%.

• New Listings for all areas combined: Number of new listings is up slightly from 2022 by 2% (327 listings versus 321 listings in 2022). Dollar volume of new listings is up by 24% to $2.95 billion. Median listing price is $4,950,000, an increase of 24% from last year's median price of $4,000,000.

The market is slightly down from 2022 YTD, but this was an extraordinary year and tough to beat. We are still seeing a decent amount of activity and dealing with a lack of quality inventory in most price points and locations. We are back to more normal marketing times for our seasonal market (6 months to one year on average).

Midvalley - Basalt, Carbondale, Missouri Heights
• Sold Listings for all areas combined: The market is up! Sales transactions are up from 2022 (198 sales versus 182). Sold dollar volume is up 32% from $245 to $325 million, and median sales price increased 27% to $1.323 million.
​​​​​​​• New Listings for all areas combined: Number of new listings is up 16.6% from 211 in 2022 to 246 in 2023. Dollar volume of new listings is up significantly by 69%, along with median listing price which is up by 30% to $1.687 million.

The Basalt & Carbondale markets remain super attractive, with increased activity and demand. We continue to see more luxury homes built for sale in areas like River Valley Ranch, Aspen Glen, Willits, Stirling Ranch and beyond, and many interested buyers coming from the upper valley and all areas of the country.

RIDGE RUN RETREAT

ADJUSTED PRICE: $6,995,000

• 5 Beds | 6 Baths | 5,499 Sq Ft
• 1.08 Acre Lot
• 2,600 SF of Decks 
• Sweeping mountain views

Enjoy colorful sunrises & sunsets from this mountain contemporary home. Located on a lovely one-acre private setting in the heart of Snowmass Village.
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SKI HOME ON TIEHACK

PRICE: $19,700,000

• 5 Beds | 7 Baths | 7,003 Sq Ft
• .42 Acres
• Maroon Creek Club Location
• All day sun & mountain views

Just renovated & upgraded for a more contemporary look, with new roof and mechanicals. Ski & hike right outside your door! The best lifestyle Aspen has to offer.
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Aspen Central Core

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Snowmass Village

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Emma Area - Basalt

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BASALT SUMMER CONCERT SERIES

Concerts are held during the summer on Wednesday evenings from 5:30–8:30 p.m. at the newly designed Basalt River Park. Bring your blanket, chairs and a picnic and enjoy free live music all summer long. Be sure to support our area businesses by stopping in for dinner or happy hour.​​​​​​​

ASPEN MUSIC FESTIVAL 2023 SEASON CALENDAR

The typical eight-week summer season includes more than 400 classical music events—including concerts by five orchestras, solo and chamber music performances, fully staged opera productions, master classes, lectures, and children’s programming—and brings in 100,000 audience members.

STANDUP PADDLE BOARD NORTH STAR

Floating the Roaring Fork River through North Star is a wonderful experience. Stand-up paddleboards, canoes and kayaks are the preferred vessels for floating through the Preserve; some folks choose to tube it. The river through North Star flows gently, making it a suitable float for families and beginners. The water, however, is very cold. When floating North Star, we recommend putting in and parking at the South Gate.

PINE CREEK COOKHOUSE

Aspen’s legendary restaurant, the Pine Creek Cookhouse, is nestled at the base of the Elk Mountains. Alpine gourmet food featuring wild game and fresh fish is brought to life with organic, locally-sourced ingredients. From field to stream our chefs prepare cuisine made from scratch every day.

RENT THE MUSICAL: THEATRE ASPEN

Concerts are held during the summer on Wednesday evenings from 5:30–8:30 p.m. at the newly designed Basalt River Park. Bring your blanket, chairs and a picnic and enjoy free live music all summer long. Be sure to support our area businesses by stopping in for dinner or happy hour.​​​​​​​