In Aspen, Colorado, the holidays are simply magical. The snow-kissed mountain beauty is the perfect backdrop for this special time of year with family and friends. And with ample activities and events – everyone will find something they love. See below for some of our favorite holiday activities that will help you enjoy the season fully.
Continued, steady growth and tepid reclamation are the themes for our valley’s third quarter real estate market. As we have been accustomed to in quarters past, Aspen’s appreciation in pricing and price per square foot leads the upper valley. It is good, however, to see that Old Snowmass, Woody Creek, and Basalt are up significantly over last year as well, and showing a clear rebound.
Within the Aspen market, the West End sets the pace, as there have already been 18 closings with four more under-contract so far this year. There are still 14 active listings in the West End, but listing agents have been exclaiming about the number of showings, even in what is often a softer period in the fall. 2013 slumped a bit, as compared to 2012, but the 2014 statistics are very encouraging. There have already been a number of bidding wars on West End listings. This is a strong sign of more active, confident buyers in abundance.
Aspen is widely known for its physical recreation, visual arts and delectable culinary scene. In smaller circles it is also acclaimed as a political and intellectual community that values ideas and innovation, as well as history. Below are just a few venues to stimulate your mind and spirit!
Aspen is a quintessential resort town that offers world-renowned skiing, but that is just the beginning. Read on for just a few of our favorite winter activities in Aspen.
Opening November 27:
- Aspen – Open since 1947
- Snomass - 3,332 acres of terrain, 94 trails, 21 chairlifts
Opening December 13:
Overall the Aspen real estate market is up over summer 2013 and continuing at a steady pace. It is appreciating in all sectors of the greater Aspen area discussed in this report - the Downtown Core by 10%, the West End by nearly 30% and Red Mountain by almost 50%. This signifies a good market for sellers, as prices trend towards pre-recession values. In addition, inventory scarcity in the coveted West End has created a dynamic where buyers are more willing to pay a higher premium for these properties. With the busy winter season approaching, and the current market condition, it is a prime time to list your Aspen home with Stirling Peak Properties.
Please contact us to discuss listing your property or if you have any questions.