Our market statistics reveal the Aspen single family home market continues to technically be a buyer's market, although with our unique valley (home prices varying from $300k-$100M+) it is not so easily defined. Market trends are calculated by measuring the current rate of sales versus the amount of available inventory. In resort markets like Aspen and Snowmass Village, where we experience large price fluctuations and fewer total properties, the standard rules often do not apply. In typical markets, less than 6-months of inventory would signal a buyer’s market, but in a luxury resort market that delineation is often extended to 12 or 18 months.
Fall has officially arrived in Aspen, Colorado! After a lively Labor Day, town has quieted a bit and hues of gold are emerging in the foliage. September is an incredible time to enjoy all our valley has to offer. Below are some of Dale's favorite fall activities.
- Cycling to the Maroon Bells and Ashcroft to see the changing foliage.
- Quiet dinners at my favorite restaurants like L'Hostaria.
- Rocking out to the Jazz Festival in Snowmass over Labor Day weekend.
- Exploring new mountain bike trails on Sky Mountain Park with my buddies.
As our summer season begins to wind down in Aspen and the leaves start to change, the strength of the market continues to ramp up. In fact, Pitkin County’s sales dollar volume for the first half of 2015 is up 41.81% over 2014 - the highest among the seven Colorado mountain counties. It is also the first time in eight years that our market’s “dollar volume” rose above that of Eagle County—which includes Aspen’s rival resort, Vail.
Below are a few July and year to date statistics for Aspen and Snowmass Village.
After getting his broker's license in 1999, he worked with Bill Stirling at Stirling Homes, Inc. and 16 years later they reunite. Zach returns with a broad spectrum of experience from across the country to enhance our Stirling Peak team. Closing several hundred transactions and overseeing more than 2,000 office transactions, he is a seasoned and accomplished professional broker.
Read Zach's full profile here.
The days are getting a touch shorter but the wild flowers are still blooming and the backcountry has never been so green! Make sure to take full advantage of our last month of summer in the Roaring Fork Valley. Below are some of Layne's favorite things to do in August.
- Mountain biking the Rim Trail in Snowmass followed by a salt water swim with my son at the Snowmass Recreation Center
- Watching the US Pro Challenge race by from the top of Independence Pass
- Relaxing on the Benedict Tent lawn – enjoying the music, a picnic and wine
- Seeing familiar faces at the Thursday evening concerts on Fanny Hill in Snowmass
- Watching my son play at the top of AJAX after a family hike up the Ute Trail