Winter Market Update

Engel Lansburgh Team December 12, 2022

Winter Market Update

Winter Market Update

Although we have seen the Aspen & Roaring Fork Valley market slow a bit, this is typical for the fall shoulder season, particularly in November and over the Thanksgiving holiday. It is true that segments of our market are impacted more by rising interest rates, and others are impacted very little. It is also true that many buyers are taking a “wait and see” approach if they are not in a rush and are being more calculated in their decision-making.

However, there are still many buyers looking for a specific property that they just can’t find, and in our discussions with other top area brokers this is a common theme. Our level of quality inventory across most price points and in all locations remains quite low. If a desirable property is listed in line with the market, we do believe that there will be a strong level of interest, and the right buyer is out there. It’s more important now than ever to have a good pricing and marketing strategy and to work with seasoned professionals who can guide you through the process.

We feel positive about the winter season and know that people who love Aspen are not going to another mountain town – it’s gorgeous, safe, and still offers the small town feel combined with cultural amenities, dining, and outdoor activities that are second to none.

Looking for a property in the Aspen area? Check out the Home Search Tool on our Engel Lansburgh Team website, where you can draw a search area on the map or use specific search criteria. You can also sign up for Listing Alerts to get notified the minute a new listing within your parameters becomes available.

Aspen Snowmass is open for the 2022/2022 ski season!

Lifts are loadings and ropes are dropping across Aspen Mountain and Snowmass. As we lay our edges deeper into winter, guests are encouraged to check the grooming reports for the most-up-to-date information regarding terrain access, openings and uphill routes.

Aspen Highlands is slated to open on Saturday, December 10 and Buttermilk with open operations on Saturday, December 17.


ELT Exclusive Listings


OFFERED AT: $2,250,000

• 4 Beds | 3 Baths | 1 Half Bath
• Approximate Sq. Feet: 3,992
• Walk to downtown Basalt



OFFERED AT: $12,700,000

• 5 Beds | 5 Baths | 1 Half Bath
• Approximate Sq. Feet: 5,614
• Private, gated location



OFFERED AT: $19,700,000

• 5 Beds | 5 Baths | 2 Half Baths
• Approximate Sq. Feet: 7,003
• Ski-in/Ski-out on Tiehack


Our team is a proud sponsor of the Holiday Basket Program with Adopting Angels through the Aspen Chapel.  This program has supplied food and gifts to people in need in our valley for over 40 years.  Run entirely by volunteers, the program is a wonderful community effort with numerous groups and individuals participating.  Local social service organizations refer gift recipients to this program that provides gifts and City Market gift cards for over 300 families, equating to nearly 1,400 people. 

If you wish to donate to this amazing local charity, you may send a check to: 

Holiday Baskets

PO BOX 2192

Basalt, CO 81621

As the holiday season is upon us, we find ourselves reflecting on the past year and those who have helped to shape our business. It’s been quite a year for us all! We hope that 2022 has been just as memorable for you, your colleagues and your loved ones. We look forward to working with you in the years to come.

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