Today’s Real Estate in the Roaring Fork Valley

Welcome to the Aspen Snowmass Sotheby’s International Realty 2023 First Quarter Market Report! Aspen Snowmass Sotheby’s International Realty is the leading (and largest) real estate firm in the Roaring Fork Valley. Our mission is to be the company in the Roaring Fork Valley and surrounding areas where real estate clients want to do business and real estate professionals want to work.

It’s been an interesting year so far. We enjoyed an amazing (and extended) ski season at the five ski areas located between Aspen and Glenwood Springs, coupled with a few very evident shifts in the local real estate market. On the surface, it appears the local economy and real estate market remain quite strong. However, taking a deeper dive into the data, it’s clear the pace of real estate transactions has slowed in many areas so far this year. Prices continue to rise or hold steady depending on the location. Listing inventory has doubled in the Aspen Snowmass region compared to last year, but overall, property listings are still well below historic norms.

There continues to be impressive strength at the very upper end of the local real estate market, and off-market transactions are at the forefront for opportunistic sellers and buyers. As the local leader in luxury rental listings, we are also continuing to see strong demand for prime rental properties. Thus far, all signs are pointing toward a strong summer ahead. We hope you enjoy our latest report!

Andrew Ernemann, President

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At Aspen Snowmass Sotheby’s International Realty, we take a client-first approach, publishing a variety of publications to reveal what’s happening in every sector of the real estate markets, at both a local and global scale.

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