ASPEN
| SNOWMASS
Aspen and Snowmass Third Quarter 2023 Market Report Report Written By: Elliot F. Eisenberg, Ph.D. Source: Aspen Board of Realtors Multiple Listing Service
Economic Overview Nationally By: Elliot F. Eisenberg, Ph.D.
The third quarter of 2023 is likely to turn out well for the U.S. economy. While most market watchers and economists thought that we would have drifted into the long-awaited recession by now, most third-quarter data is fairly strong. Largely because of substantial fiscal stimulus, which has yet to fully dissipate, the current expansion has not yet turned recessionary. However, by early 2024, excess savings will probably have been depleted, and on October 1, 2023, student loan repayments recommenced. We are already starting to see early indicators of slowing consumer spending and falling real income, as August auto sales slumped 4.6% M-o-M and consumer credit card balances are increasing. Nationally, September payrolls rose by a surprisingly strong 336,000, and July and August numbers were revised up by 119,000. Moreover, job growth was widespread, the labor force participation rate is rising, and wage growth slowed to 4.2% Y-o-Y and to an annualized rate of 3.4% over the last three months, a rate nearly commensurate with 2% inflation. All things considered, the overall labor market remains solid.
“However, it doesn’t matter if the Fed raises rates once more or not at all because inflation and the economy’s health do not hinge on 25bps. Instead, what matters is...” In terms of inflation, September CPI rose 0.4% M-o-M, largely attributable to more expensive gasoline and diesel. Core inflation rose 0.3% M-o-M, its highest reading since May, but just 4.1% Y-o-Y, its lowest reading since September 2021 and the eleventh decline in 12 months. August core services inflation rose 0.6% M-o-M, unchanged since March, and the Fed’s favorite measure of inflation, core services minus housing, rose 0.4% M-o-M in August, its highest reading since March. Thus, while generally falling, inflation remains uncomfortably high, and therefore, the Fed left the Fed funds rate unchanged in late September and signaled a willingness to possibly raise it 25bps in the future, a hawkish pause. However, it doesn’t matter if the Fed raises rates once more or not at all because inflation and the economy’s health do not hinge on 25bps. Instead, what matters is how long the Fed keeps rates at the terminal level, and that is still to be determined. According to the latest Fed releases, the plan is to reduce interest rates at the slowest pace ever. However, be assured that regardless of how long it takes to happen, if and when the weak economy arrives, as it almost always does, rates will quickly fall, or, as the saying goes, “Interest rates go up on the staircase but down on the elevator.” Alternatively, if the economy stays pleasantly strong, the Fed may or may not raise rates more, but will certainly not lower them anytime soon. There are other significant headwinds that still pose a risk to the hoped-for smooth landing. In addition to the resumption of student loan payments in October, the possibility of a U.S. government shutdown remains high, especially with the chaos in Congress. The ongoing Russian attack on Ukraine, and now the prospects of an extended conflict in the Middle East will have continuing economic impacts on the world economy and raise the potential of spikes in fuel prices. Ongoing labor strikes offer the real possibility of impacting GDP in the short term and generating additional wage inflation. Still, all things considered, the prospects for the fourth quarter of 2023 are good, with the probability of a recession shifting to the first half of 2024.
Housing Market Overview Nationally The national housing market continues to be dominated by high mortgage interest rates, the highest since 2002, and the impacts to both supply - in terms of the iron grip of mortgage rate lock-in, as evidenced by the lack of new listings, and on-demand - by pushing the monthly home mortgage payment out of the reach of many potential buyers and showing itself in very low closed sales. Existing housing sales slipped to their lowest level since January 2023 in August, and August pending home sales fell 7.1%. High interest rates have pushed up the average interest and principal payment for new borrowers using a 30-year mortgage to over $2,306. Two years ago, only 5% of new borrowers had a payment over $3,000/month, today it’s almost 25%. Moreover, high rates have depressed the dollar volume of cash-out refi activity by about half from 22Q1 when it was almost 1% of available equity/quarter to 0.4%/quarter, a decline of $40 billion/quarter. Still, even with high rates, home prices remain high and stable. On a Y-o-Y basis, the Freddie Mac Home Price Index, which includes only loans purchased by Freddie and Fannie and includes appraisals, was up 4% in August, versus 3% in July. Y-o-Y appreciation peaked in July 2021 at 19.1% and annual appreciation bottomed out at 0.9% in May 2023. Median home prices increased from $406,700 in July to $407,100 in August 2023, and made this the third consecutive month with home prices above $400,000. It was the highest August price ever and is up from $389,500 in August 2022.
“...single-family housing market is enjoying solid price appreciation and strong construction activity, the multifamily market...” Home prices have stayed at or near record levels in most areas for one key reason – the relative lack of available inventory. Inventory ticked down slightly from 1.11 million units in July to 1.10 million units in August, the lowest August level ever and well below the 1.28 million units on the market a year earlier. After record housing inventory lows during calendar years 2020, 2021, and 2022, CY2023 started off differently. January through April 2023 for sale inventories were slightly above the record lows set in 2022. However, from May through August, inventories set all-time lows, and by wide margins, and it’s likely that monthly low records will keep being set for the rest of 2023. Homebuilders recognize the gap and are trying to fill the available inventory void, and because of this increased new homebuilding activity, the percentage of homes for sale that are new is around 30%, double the historic average. While the single-family housing market is enjoying solid price appreciation and strong construction activity due to a severe lack of existing inventory, the multifamily market struggles mightily. Financing is increasingly difficult as vacancy rates and insurance premiums rise, along with mortgage and capitalization rates. The market struggles to absorb substantial recent overbuilding and rents are declining. As a result, multifamily starts have declined a sharp 41% Y-o-Y. Banks are currently tightening lending standards for commercial real estate loans and commercial and industrial loans, and as a result, office and retail space is somewhat shaky, while other types of non-residential construction like student housing, warehouses and logistical hubs, and manufacturing facilities are doing well. While the shakeup in commercial real estate and construction is no surprise given rising rates, what is interesting is that it takes over a year for that tightening to make its way through to credit growth. This is an excellent example of why the effects of the rate hikes that began in March 2022 are only now having a material impact on areas outside of the housing market.
Housing Market Overview Colorado
Unemployment in Colorado is 3.1% as of 08/23, down just slightly from last year after hitting a peak of 11.6% in 05/20 (for comparison, the pre-pandemic rate was 2.8%) and well below the U.S. national average, marking it difficult for Colorado employers to fill positions. Statewide continuing claims for unemployment hit a high of 265,499 for the week ended 5/16/20 (compared to a pre-pandemic level of 20,735) and are now at 22,588 for the week ended 09/30/23. In Pitkin County, the August unemployment rate was 2.7%, a year ago it was 2.5% and for comparison, pre-Covid in 08/19 it was 2.2%. Colorado’s economic and job growth still exceeds the national average, and the State’s amenities and location continue to make it an ideal home base for millions of residents, new and old. Statewide, the September 2023 median price of a single-family home of $575,000 was 2.7% higher than September 2022, while the year-over-year average price rose 12.3% to $762,585. In the condo/townhome market, the year-over-year median price gained 2.6% to $425,857 while the average price increased 5.6% to $571,851. Through September, closed sales across the state are down 21.2% while new listings are down 18.9%. There are 20,124 active listings statewide at the end of September, down 13.0% compared to September 2022, representing 2.8 months’ supply of inventory. Across the state, the percentage of list price received at sale was 98.7%, the same as last year and down from 99.7% at the end of June 2023 and days-on-market has increased to 46 days, up from 37 days last year, suggesting a market that is slightly weakening.
Economic Overview ASPEN SNOWMASS
The median price of a single-family home in Aspen for the first half of 2023 was $11.5 million, a 20% decline compared to the first half of 2022, while the average price declined 27% to $14.3 million. The Aspen townhome and condominium market remained relatively unchanged from last year, with a median price of $2.9 million and an average price of $4.6 million. In Snowmass Village, the single-family median price declined 11% to $5.4 million while the average price rose 4% to $7.4 million. Snowmass Village townhomes and condominiums saw the largest gains in the area, with the median price increasing 18% to nearly $1.8 million and the average price rising 12% to $2.3 million. Across the Aspen/Snowmass Village area, closed sales were down about 3% compared to last year but declining prices brought overall dollar volume down by 24% to $1.1 billion. The percentage of sold price to original listing price was down about 4% across the area and days on market generally declined compared to last year for single-family homes and rose for townhomes and condominiums.
“The stock market has largely recovered about half of the losses of 2022, which should strengthen portfolios, especially for those with stock options. The lack of inventory continues to be the key...” As sales have slowed over recent months, it is likely that some potential Aspen buyers may be sitting on the sidelines in a “wait-and-see” mode to see if the Fed can achieve the much hoped-for soft landing. The most recent inflation data suggest that the actions of the Fed may be working, and while at least one more rate increase is inevitable, the likelihood of an additional hike this fall is up for debate. That means that the Fed may begin to consider when interest rates can come down. Once that happens, we may see activity pick up as interest rates decline and the number of listings improves. While the IPO market is certainly not as strong as it was in 2020 and 2021 when interest rates were incredibly low, it is meaningfully improved over 2022. The stock market has largely recovered about half of the losses of 2022, which should strengthen portfolios, especially for those with stock options. The lack of inventory continues to be the key challenge for the Aspen and Snowmass Village real estate market. Dr. Eisenberg comments: “We saw a huge run-up in housing demand across all markets and price ranges during the worst of Covid, and it is likely that demand will return to more normal levels going forward. While single-family home prices in Aspen have declined compared to 2022 levels, what I would concentrate on is cost per square foot, and the average sold price per square foot has remained steady in Aspen and has increased by 7-8% in Snowmass Village. This remains one of the tightest markets in the country.”
Aspen SINGLE FAMILY HOMES The median price for a single-family home in Aspen through the third quarter of 2023 was $12.4 million, 8% less than last year’s $13.4 million while the average sale price of $16.1 million declined 13% from last year.
family homes on the market, compared to 52 at the same point last year. The most expensive single-family home sold in Aspen through September 2023 was $76 million, compared to a $60 million sale during the same period last year.
The number of closed sales through September increased to 63, a 21% increase over last year, and pushed overall dollar volume up about 6% from last year to just over $1.0 billion. The average sold price per square foot increased 4% to $3,244. As of the end of September, there were 63 single-
Days on market declined from 166 to 153, while the percentage of sold price to original listing price declined from 97% last year to 94% this year.
$20M $17.5M
13%
$12.5M
2022 vs 2023
$10M
8%
2022 vs 2023
$7.5M
Total Dollar Volume
$5M
2019
2020
2021
2022
2023
$1.5B
Third Quarter of
$1.08B
$1.2B
6%
2022 vs 2023
$1.22B $956M
$600M $486M $300M $0
2019
2020
2021
2022
Third Quarter of
Number of Properties Sold SOLD
SOLD
SOLD
SOLD
SOLD
63
96
91
52
63
2019
2020
2021
2022
2023
Third Quarter of
$1.01B
$900M
Million
Million
Median Sold Price
Average Sold Price
$15M
21%
2022 vs 2023
2023
1190 Riverside Drive
Aspen, Colorado
4 BEDS | 4F, 1H BATHS | 3,083 SF
What’s Selling? SINGLE FAMILY HOMES Number Sold
Sold Price Range
Median Sold Price
Median % Off Asking Price
Avg. Days On Market
Single Family Homes Sold Third Quarter YTD Studio - 1 Bedroom
1
$1,300,000
$1,300,000
+9
18
2 - 3 Bedrooms
15
$1,035,000 - $28,000,000
$7,000,000
5
94
4 - 5 Bedrooms
35
$1,384,717 - $35,000,000
$13,692,200
7
187
6+ Bedrooms
12
$8,000,000 - $76,000,000
$22,386,808
2
142
Aspen SINGLE FAMILY HOMES Average Price Per Square Foot $3,109 $3,244
$3,500
4%
$3,000 $2,500
$1,839
$2,000
$2,104
$1,469
$1,500
2022 vs 2023
$1,000 $500 $0
2019
2020
2021
2022
2023
Third Quarter YTD of
% Sold Price to Original List Price
3%
91%
91%
95%
97%
94%
2019
2020
2021
2022
2023
2022 vs 2023
Third Quarter YTD of
Average Days on Market
321 2019
310 2020
266 2021
Third Quarter YTD of
166 2022
153 2023
8%
2022 vs 2023
101 W Francis Street Aspen, Colorado
4 BEDS | 4F, 1H BATHS | 5,482 SF
What’s For Sale? SINGLE FAMILY HOMES Active
Pending
Active Asking Price Range
Median Asking Price
Single Family Homes Active & Pending Studio - 1 Bedroom
-
-
$-
$-
2 - 3 Bedrooms
11
-
$6,200,000 - $45,000,000
$9,250,000
4 - 5 Bedrooms
51
4
$4,250,000 - $59,500,000
$19,500,000
6+ Bedrooms
19
1
$9,995,000 - $105,000,000
$29,800,000
Aspen CONDO / TOWNHOMES Townhome and condominium prices in Aspen rose through September 2023 compared to the same period of 2022. The median price gained 4% to $3.3 million while the average price rose 13% to just almost $5.3 million.
Condominium and townhome inventories stayed flat at 46 units on the market. In the Aspen condo/townhome market, the most expensive unit sold through September was for nearly $48 million, well more than double last year’s $20 million.
The number of properties sold declined by about a third, with 64 closed sales so far this year, compared to 95 through September of 2022. Dollar volume declined by about 24%, to $336 million and the average price per square foot was almost unchanged at $2,848 per square foot.
The average days on market for condominiums and townhomes through September 2023 was 131 days compared to 96 days for 2022. The percentage of sold price to original list price dropped from 98% last year to 96% this year.
$6M $5.5M
13%
$4.5M $4M $3.5M
2022 vs 2023
$3M
4%
2022 vs 2023
$2.5M $2M
Total Dollar Volume
$1.5M $1M
2019
2020
2021
2022
$600M
2023
Third Quarter YTD of
24%
2022 vs 2023
$452M
$500M
$504M
$442M $336M
$400M
Million
Million
Median Sold Price
Average Sold Price
$5M
$300M $240M $200M $100M $0
2019
2020
2021
2022
Third Quarter YTD of
Number of Properties Sold SOLD
SOLD
SOLD
SOLD
SOLD
109
120
178
95
64
2019
2020
2021
2022
2023
Third Quarter YTD of
33%
2022 vs 2023
2023
765 Cemetery Lane Aspen, Colorado
4 BEDS | 5F, 1H BATHS | 4,900 SF
What’s Selling? CONDOS AND TOWNHOMES Number Sold
Sold Price Range
Median Sold Price
Median % Off Asking Price
Avg. Days On Market
Condo / Townhomes Sold Third Quarter YTD Studio - 1 Bedroom
15
$825,000 - $3,950,000
$1,095,000
3
82
2 - 3 Bedrooms
37
$1,100,000 - $15,470,000
$3,350,000
5
143
4 - 5 Bedrooms
11
$3,895,000 - $22,000,000
$6,900,000
7
164
6+ Bedrooms
1
$47,910,078
$47,910,078
0
50
Aspen CONDOS / TOWNHOMES Average Price Per Square Foot
1%
$2,807 $2,848
$3,000 $2,500 $2,000 $1,580
$1,850
$1,954
2022 vs 2023
$1,500 $1,000 $500 $0
2019
2021
2020
2022
2023
Third Quarter YTD of
% Sold Price to Original List Price
2%
2022 vs 2023
95%
95%
97%
98%
96%
2019
2020
2021
2022
2023
Third Quarter YTD of
Average Days on Market
222 2019
269 2020
148 2021
Third Quarter YTD of
96 2022
131 2023
36%
2022 vs 2023
600 E Main Street #408 Aspen, Colorado
2 BEDS | 1F, 1H BATHS | 950 SF
What’s For Sale? CONDOS AND TOWNHOMES Active
Pending
Asking Price Range
Median Asking Price
Condominiums / Townhomes Active & Pending Studio - 1 Bedroom
15
4
$964,000 - $3,950,000
$1,975,000
2 - 3 Bedrooms
30
6
$1,250,000 - $9,995,000
$3,497,000
4 - 5 Bedrooms
12
1
$3,725,000 - $29,500,000
$10,200,000
6+ Bedrooms
1
0
$14,995,000
$14,995,000
Snowmass Village SINGLE FAMILY HOMES In Snowmass Village, the median sale price of a single-family home sold through September 2023 gained 6% to nearly $6.7 million while the average price increased by 7% to nearly $8 million. The average price per square foot, however, remained relatively unchanged at $1,631 per square foot.
compared to 23 at the end of last June.
Closed sales through September 2023 declined from 29 last year to 24 this year, a 17% decrease and that pushed overall dollar volume down about 11% to about $190 million.
The number of days on market for single-family homes in Snowmass Village declined from 183 days last year to 167 days this year, while the percentage of sold price to original list price declined from 96% last year to 92% this year.
The most expensive single-family home sold through September in Snowmass Village was $22.4 million, while the highest price through the same period in 2022 was $18.3 million.
There were 18 single-family homes for sale in Snowmass Village at the end of September, $8M
7%
$6M
2022 vs 2023
$5M
6%
2022 vs 2023
$4M
Total Dollar Volume
$3M
$299M
$2M
$300M 2019
2020
2021
2022
2023
Third Quarter YTD of
$250M
11%
2022 vs 2023
$215M
$200M
Million
Million
Median Sold Price
Average Sold Price
$7M
$150M
$138M
$136M
2019
2020
$100M $50M $0
2021
2022
Third Quarter YTD of
Number of Properties Sold SOLD
SOLD
SOLD
SOLD
SOLD
35
35
56
29
24
2019
2020
2021
2022
2023
Third Quarter YTD of
$190M
17%
2022 vs 2023
2023
Snowmass Village, Colorado
What’s Selling? SINGLE FAMILY HOMES Number Sold
Sold Price Range
Median Sold Price
Median % Off Asking Price
Avg. Days On Market
Single Family Homes Sold Third Quarter YTD Studio - 1 Bedroom
-
$-
$-
-
-
2 - 3 Bedrooms
2
$2,850,000 - $4,550,000
$3,700,000
10
122
4 - 5 Bedrooms
19
$2,290,000 - $17,812,500
$6,500,000
6
189
6+ Bedrooms
3
$7,050,000 - $22,425,000
$10,500,000
6
63
Snowmass Village SINGLE FAMILY HOMES Average Price Per Square Foot $2,000
$1,613
$1,500 $1,000
1%
$1,631
$1,239 $901
$923
2019
2020
2022 vs 2023
$500 $0
2021
2022
2023
Third Quarter YTD of
% Sold Price to Original List Price
4%
91%
93%
97%
96%
92%
2019
2020
2021
2022
2023
2022 vs 2023
Third Quarter YTD of
Average Days on Market
353 2019
239 2020
193 2021
Third Quarter YTD of
183 2022
167 2023
9%
2022 vs 2023
Snowmass Village, Colorado
What’s For Sale? SINGLE FAMILY HOMES Active
Pending
Asking Price Range
Median Asking Price
Single Family Homes Active & Pending Studio - 1 Bedroom
1
-
$975,000
$975,000
2 - 3 Bedrooms
2
-
$1,900,000 - $6,295,000
$4,097,500
4 - 5 Bedrooms
13
2
$4,150,000 - $18,000,000
$11,800,000
6+ Bedrooms
2
-
$34,500,000 - $60,000,000
$47,250,000
Snowmass Village CONDOS / TOWNHOMES This data includes 61 sales from the new developments - Electric Pass Lodge or Havens
At the end of the quarter there were 45 townhome or condominium units on the market in Snowmass Village, compared to 29 last year.
Condominium and townhome median prices in Snowmass Village saw significant gains compared to last year, with a median price of almost $1.8 million, up 24% from last year. The average price rose 14% to almost $2.3 million, and the average price per square foot rose 7% to $1,617.
In the Snowmass Village condo/townhome market, the most expensive property sold through September sold for $9.0 million, compared to the highest sale price last year of $6.6 million. The percentage of sold to original list price remained at 98%, while the days on market meaningfully rose from 188 to 447.
Closed sales through September increased to 127 from 89 last year, and overall sales volume rose 63% to nearly $289 million. $3M
14%
$2.5M $2.25M $2M
2022 vs 2023
$1.75M
24%
2022 vs 2023
$1.5M $1.25M $1M
Total Dollar Volume
$750K
$300M
$500K 2019
2020
2021
2022
Third Quarter YTD of
2023
63%
2022 vs 2023
$200M $150M $100M
$148M
$177M
$95M
$50M $0
2019
2020
2021
2022
Third Quarter YTD of
Number of Properties Sold SOLD
SOLD
SOLD
SOLD
SOLD
94
113
188
89
127
2019
2020
2021
2022
2023
Third Quarter YTD of
$289M
$245M
$250M
Million
Thousands/Million
Median Sold Price
Average Sold Price
$2.25M
43%
2022 vs 2023
2023
Timberline - 690 Carriage Way Unit B1B Snowmass Village, Colorado 1 BED | 1 BATH | 687 SF
What’s Selling? CONDOS AND TOWNHOMES Number Sold
Sold Price Range
Median Sold Price
Median % Off Asking Price
Avg. Days On Market
Condo / Townhomes Sold Third Quarter YTD Studio - 1 Bedroom
19
$169,000 - $1,300,000
$800,000
3
95
2 - 3 Bedrooms
105
$895,000 - $9,000,000
$1,860,000
0
502
4 - 5 Bedrooms
3
$7,210,623 - $8,789,377
$7,500,000
0
736
Snowmass Village CONDOS / TOWNHOMES Average Price Per Square Foot $2,000
$1,512
7%
$1,617
$1,500 $1,000
$765
$805
2019
2020
2022 vs 2023
$932
$500 $0
2021
2022
2023
Third Quarter YTD of
% Sold Price to Original List Price
0%
96%
94%
98%
98%
98%
2019
2020
2021
2022
2023
2022 vs 2023
Third Quarter YTD of
Average Days on Market
256 2019
262 2020
151 2021
Third Quarter YTD of
188 2022
447 2023
138%
2022 vs 2023
130 Wood Road 505 & 507 Snowmass Village, Colorado 2 BEDS | 2 BATHS | 757 SF
What’s For Sale? CONDOS AND TOWNHOMES Active
Pending
Asking Price Range
Median Asking Price
Condominiums / Townhomes Active & Pending Studio - 1 Bedroom
10
-
$699,000 - $1,700,000
$987,000
2 - 3 Bedrooms
25
49
$1,250,000 - $9,995,000
$2,950,000
4 - 5 Bedrooms
8
8
$8,050,000 - $10,450,000
$9,400,000
Old Snowmass SINGLE FAMILY HOMES $6M $5.5M $5M $4.5M
17%
$3.5M $3M $2.5M
2022 vs 2023
$2M $1.5M
53%
2022 vs 2023
$1M $500K $0 2019
2020
2021
2022
2023
Third Quarter YTD of
Total Dollar Volume $100
$88M
$80
28%
2022 vs 2023
$66M
$60
Million
Million
Median Sold Price
Average Sold Price
$4M
$63M $47M
$40 $20
$15M
$0
2019
2020
2021
2022
Third Quarter YTD of
Number of Properties Sold SOLD
SOLD
SOLD
SOLD
SOLD
9
23
17
15
13
2019
2020
2021
2022
2023
Third Quarter YTD of
13%
2022 vs 2023
2023
340 Monastery Cutoff Road Old Snowmass, Colorado 4 BEDS | 3F, 2H BATHS | 5,740 SF
What’s Selling? SINGLE FAMILY HOMES Number Sold
Sold Price Range
Median Sold Price
Median % Off Asking Price
Avg. Days On Market
$5,100,000
3
80
$2,625,000
10
166
$4,550,000
5
95
$-
-
-
Single Family Homes Sold Third Quarter YTD Studio - 1 Bedroom
1
2 - 3 Bedrooms
5
4 - 5 Bedrooms
6
6+ Bedrooms
-
$5,100,000 $1,675,000 - $5,074,070 $2,850,000 - $12,200,000 $-
Old Snowmass SINGLE FAMILY HOMES Average Price Per Square Foot $2,000
$1,609
$1,500 $1,000 $500 $0
45%
$1,112
$437
2019
$714
$639
2020
2021
2022 vs 2023 2022
2023
Third Quarter YTD of
% Sold Price to Original List Price
4%
90%
93%
97%
95%
91%
2019
2020
2021
2022
2023
2022 vs 2023
Third Quarter YTD of
Average Days on Market
167 2019
421 2020
134 2021
Third Quarter YTD of
217 2022
117 2023
46%
2022 vs 2023
35 Starlit Lane
Old Snowmass, Colorado 4 BEDS | 3F, 1H BATHS | 3,342 SF
What’s For Sale? SINGLE FAMILY HOMES Active
Pending
Active Asking Price Range
Median Asking Price
Single Family Homes Active & Pending Studio - 1 Bedroom
-
-
$-
$-
2 - 3 Bedrooms
2
1
$3,400,000 - $5,495,000
$4,447,500
4 - 5 Bedrooms
11
-
$799,000 - $15,900,000
$5,995,000
Woody Creek SINGLE FAMILY HOMES $10M $9M $8M
101%
$6M $5M $4M
2022 vs 2023
$3M
16%
2022 vs 2023
$2M $1M $0
2019
2020
2021
2022
2023
Third Quarter YTD of
Total Dollar Volume $78M
$80M $70M
703%
2022 vs 2023
$60M $50M
Million
Million
Median Sold Price
Average Sold Price
$7M
$40M $30M $20M
$24M $15M
$13M
$10M $0
$1.57M 2019
2020
2021
2022
Third Quarter YTD of
Number of Properties Sold SOLD
SOLD
SOLD
SOLD
SOLD
9
7
9
2
8
2019
2020
2021
2022
2023
Third Quarter YTD of
300%
2022 vs 2023
2023
Woody Creek, Colorado
What’s Selling? SINGLE FAMILY HOMES Number Sold
Sold Price Range
Median Sold Price
Median % Off Asking Price
Avg. Days On Market
$755,000
$755,000
0
58
$160,000 - $1,100,000
$576,500
1
46
$8,600,000
$8,600,000
9
190
Single Family Homes Sold Third Quarter YTD Studio - 1 Bedroom
1
2 - 3 Bedrooms
6
4 - 5 Bedrooms
1
Woody Creek SINGLE FAMILY HOMES Average Price Per Square Foot $1,143
$1,200
$723
$800 $600
27%
$918
$1,000
$569 $406
2022 vs 2023
$400 $200 0
2019
2020
2021
2022
2023
Third Quarter YTD of
% Sold Price to Original List Price
4%
95%
94%
96%
95%
91%
2019
2020
2021
2022
2023
2022 vs 2023
Third Quarter YTD of
Average Days on Market
434 2019
324 2020
243 2021
Third Quarter YTD of
75 2022
65 2023
13%
2022 vs 2023
Woody Creek, Colorado
What’s For Sale? SINGLE FAMILY HOMES Active
Pending
Active Asking Price Range
Median Asking Price
Single Family Homes Active & Pending Studio - 1 Bedroom
-
-
$-
$-
2 - 3 Bedrooms
6
-
$750,000 - $5,750,000
$1,160,000
4 - 5 Bedrooms
1 4
-
$8,600,000
$8,600,000
-
$7,887,600 - $22,500,000
$17,694,000
6+ Bedrooms
Basalt SINGLE FAMILY HOMES $2.5M
Median Sold Price
Average Sold Price
$2M
47%
$1.75M $1.5M
2022 vs 2023
$1.25M
40%
2022 vs 2023
$1M $750K $500K
2019
2020
2021
2022
2023
Third Quarter YTD of
Total Dollar Volume $150M $120M
126%
2022 vs 2023
$90M
Million
Thousand/Million
$2.25M
$96M
$123M
$110M
$64M
$54M
$60M $30M $0 2019
2020
2021
2022
Third Quarter YTD of
Number of Properties Sold SOLD
SOLD
SOLD
SOLD
SOLD
57
72
66
34
52
2019
2020
2021
2022
2023
Third Quarter YTD of
53%
2022 vs 2023
2023
140 Homestead Drive Basalt, Colorado
5 BEDS | 4F, 1H BATHS | 2,462 SF
What’s Selling? SINGLE FAMILY HOMES Number Sold
Sold Price Range
Median Sold Price
Median % Off Asking Price
Avg. Days On Market
Single Family Homes Sold Third Quarter YTD Studio - 1 Bedroom
2
$2,700,000 - $4,150,000
$3,425,000
16
177
2 - 3 Bedrooms
15
$950,000 - $4,750,000
$1,900,000
3
81
4 - 5 Bedrooms
34
$1,025,000 - $6,000,000
$1,897,500
3
130
6+ Bedrooms
1
$6,085,000
$6,085,000
6
83
Basalt SINGLE FAMILY HOMES Average Price Per Square Foot $1,000
$870
$800 $600
$414
$557
$467
39%
$628
2022 vs 2023
$400 $200 0
2019
2020
2021
2022
2023
Third Quarter YTD of
% Sold Price to Original List Price
3%
96%
96%
97%
99%
96%
2019
2020
2021
2022
2023
2022 vs 2023
Third Quarter YTD of
Average Days on Market
164 2019
183 2020
155 2021
Third Quarter YTD of
104 2022
116 2023
12%
2022 vs 2023
Basalt, Colorado
What’s For Sale? SINGLE FAMILY HOMES Active
Pending
Active Asking Price Range
Median Asking Price
Single Family Homes Active & Pending Studio - 1 Bedroom
1
-
$1,695,000
$1,695,000
2 - 3 Bedrooms
5
2
$925,000 - $3,900,000
$2,295,000
4 - 5 Bedrooms
19
2
$1,080,000 - $13,400,000
$4,175,000
6+ Bedrooms
2
-
$11,500,000 - $16,500,000
$14,000,000
Basalt CONDO / TOWNHOMES
Median Sold Price
Average Sold Price
$1.35M
9%
$1.2M
2022 vs 2023
$1.05M
8%
2022 vs 2023
$900K $750K $600K
2019
2020
2021
2022
2023
Third Quarter YTD of
Total Dollar Volume $111M
$120M $100M
3%
2022 vs 2023
$91M
$88M
2022
2023
$80M
Million
Thousands/Millions
$1.5M
$51M
$60M $40M
$34M
$20M $0
2019
2020
2021
Third Quarter YTD of
Number of Properties Sold SOLD
SOLD
SOLD
SOLD
SOLD
55
67
139
77
68
2019
2020
2021
2022
2023
Third Quarter YTD of
12%
2022 vs 2023
274 Overlook Basalt, Colorado
3 BEDS | 2F, 1H BATHS | 2,026 SF
What’s Selling? CONDOS AND TOWNHOMES Number Sold
Sold Price Range
Median Sold Price
Median % Off Asking Price
Avg. Days On Market
Condo / Townhomes Sold Third Quarter YTD Studio - 1 Bedroom
15
$220,000 - $1,187,500
$578,000
+2
270
2 - 3 Bedrooms
50
$675,000 - $5,100,000
$1,292,500
0
155
4 - 5 Bedrooms
4
$970,000 - $2,860,000
$2,062,500
3
265
Basalt CONDOS / TOWNHOMES Average Price Per Square Foot $1,000
$746
$800 $600
18%
$878
$417
$507
$475
2022 vs 2023
$400 $200 $0
2019
2021
2020
2022
2023
Third Quarter YTD of
% Sold Price to Original List Price
1%
2022 vs 2023
98%
97%
98%
100%
99%
2019
2020
2021
2022
2023
Third Quarter YTD of
Average Days on Market
154 2019
156 2020
120 2021
Third Quarter YTD of
150 2022
189 2023
26%
2022 vs 2023
Rental Listing - 227 Midland Avenue, #24 Basalt, Colorado
2 BEDS | 2F, 1H BATHS | 1,368 SF
What’s For Sale? CONDOS AND TOWNHOMES Active
Pending
Asking Price Range
Median Asking Price
Condominiums / Townhomes Active & Pending Studio - 1 Bedroom
2
4
$875,000 - $1,125,000
$1,000,000
2 - 3 Bedrooms
22
18
$920,000 - $5,500,000
$2,271,410
4 - 5 Bedrooms
4
1
$1,150,000 - $4,655,000
$1,373,500
6+ Bedrooms
1
-
$2,200,000
$2,200,000
Carbondale SINGLE FAMILY HOMES $2.5M $1.25M
Median Sold Price
Average Sold Price
17%
$1.75M $1.5M $1.25M
11%
2022 vs 2023
2022 vs 2023
$1M $750K $500K
2019
2020
2021
2022
2023
Third Quarter YTD of
Total Dollar Volume $200M
67%
2022 vs 2023
$163M $127M $135M
$150M
Million
Million
$2M
$100M
$97M
$83M
$50M $0
2019
2020
2021
2022
Third Quarter YTD of
Number of Properties Sold SOLD
SOLD
SOLD
SOLD
SOLD
77
98
87
51
73
2019
2020
2021
2022
2023
Third Quarter YTD of
43%
2022 vs 2023
2023
177 Golden Bear Drive
Carbondale, Colorado 5 BEDS | 4 F, 1 H BATHS | 3,142 SF
What’s Selling? SINGLE FAMILY HOMES Number Sold
Sold Price Range
Median Sold Price
Median % Off Asking Price
Avg. Days On Market
Single Family Homes Sold Third Quarter YTD Studio - 1 Bedroom
-
$-
$-
-
-
2 - 3 Bedrooms
22
$795,000 - $3,250,000
$1,575,000
1
78
4 - 5 Bedrooms
48
$340,000 - $7,650,000
$2,250,000
3
159
6+ Bedrooms
3
$2,065,000 - $2,685,000
$2,550,000
6
255
Carbondale SINGLE FAMILY HOMES Average Price Per Square Foot $800 $700
$600
$600
$654
9%
$471
$500
$313
$400
$367
2022 vs 2023
$300 $200 $100 $0
2019
2020
2021
2022
2023
Third Quarter YTD of
% Sold Price to Original List Price
1%
95%
96%
99%
98%
99%
2019
2020
2021
2022
2023
2022 vs 2023
Third Quarter YTD of
Average Days on Market
194 2019
174 2020
92 2021
Third Quarter YTD of
127 2022
139 2023
9%
2022 vs 2023
Carbondale, Colorado
What’s For Sale? SINGLE FAMILY HOMES Active
Pending
Active Asking Price Range
Median Asking Price
Single Family Homes Active & Pending Studio - 1 Bedroom
1
-
$1,585,000
$1,585,000
2 - 3 Bedrooms
5
2
$1,750,000 - $3,995,000
$2,349,000
4 - 5 Bedrooms
25
8
$1,790,000 - $6,250,000
$3,395,000
6+ Bedrooms
1
2
$2,000,000
$2,000,000
Carbondale CONDO / TOWNHOMES $1.2M
Median Sold Price
Average Sold Price
19%
$1M $900K
2022 vs 2023
$800K
4%
2022 vs 2023
$700K $600K $500K $400K
2019
2020
2021
2022
2023
Third Quarter YTD of
Total Dollar Volume $60
$50M
$50
8%
2022 vs 2023
$40
Million
Hundred Thousands
$1.1M
$35M
$35M
2019
2020
$39M
$30 $20 $10 $0
2021
2022
Third Quarter YTD of
Number of Properties Sold SOLD
SOLD
SOLD
SOLD
SOLD
60
57
75
43
39
2019
2020
2021
2022
2023
Third Quarter YTD of
$42M
9%
2022 vs 2023
2023
1359 Barber Drive
Carbondale, Colorado 3 BEDS | 2F, 1 H BATHS | 1,536 SF
What’s Selling? CONDOS AND TOWNHOMES Number Sold
Sold Price Range
Median Sold Price
Median % Off Asking Price
Avg. Days On Market
Condo / Townhomes Sold Third Quarter YTD Studio - 1 Bedroom
2
$278,000 - $525,123
$401,562
+3
60
2 - 3 Bedrooms
31
$306,818 - $2,250,000
$780,000
2
86
4 - 5 Bedrooms
5
$700,000 - $2,365,000
$2,325,000
5
183
6+ Bedrooms
1
$2,178,000
$2,178,000
0
51
Carbondale CONDOS / TOWNHOMES Average Price Per Square Foot $600
$506
$500
12%
$565
$426
$400
$312
$338
2022 vs 2023
$300 $200 $100 $0
2019
2021
2020
2022
2023
Third Quarter YTD of
% Sold Price to Original List Price
1%
2022 vs 2023
98%
99%
100%
100%
99%
2019
2020
2021
2022
2023
Third Quarter YTD of
Average Days on Market
118 2019
167 2020
143 2021
Third Quarter YTD of
178 2022
96 2023
46%
2022 vs 2023
Carbondale, Colorado
What’s For Sale? CONDOS AND TOWNHOMES Active
Pending
Asking Price Range
Median Asking Price
Condominiums / Townhomes Active & Pending Studio - 1 Bedroom
-
-
$-
$-
2 - 3 Bedrooms
7
2
$735,000 - $1,995,000
$1,450,000
4 - 5 Bedrooms
6
-
$1,395,000 - $2,850,000
$2,097,500
Missouri Heights SINGLE FAMILY HOMES $2.5M
$2M
Median Sold Price
Average Sold Price
3%
$1.75M $1.5M
15%
2022 vs 2023
$1.25M
2022 vs 2023
$1M $750K $500K
2019
2020
2021
2022
2023
Third Quarter YTD of
Total Dollar Volume $80M
$63M
$70M
15%
2022 vs 2023
$50M
$60M $50M
Million
Thousand/Million
$2.25M
$40M $30M
$43M
$41M $27M
$20M $10M $0
2019
2020
2021
2022
Third Quarter YTD of
Number of Properties Sold SOLD
SOLD
SOLD
SOLD
SOLD
26
26
34
23
19
2019
2020
2021
2022
2023
Third Quarter YTD of
17%
2022 vs 2023
2023
505 Lions Ridge Road
Carbondale (Missouri Heights), Colorado 4 BEDS | 4F, 1H BATHS | 3,901 SF
What’s Selling? SINGLE FAMILY HOMES Number Sold
Sold Price Range
Median Sold Price
Median % Off Asking Price
Avg. Days On Market
Single Family Homes Sold Third Quarter YTD Studio - 1 Bedroom
-
$-
$-
-
-
2 - 3 Bedrooms
10
$910,000 - $2,950,000
$1,700,000
4
160
4 - 5 Bedrooms
8
$1,550,000 - $5,725,000
$2,357,500
4
95
6+ Bedrooms
1
$2,250,000
$2,250,000
10
101
Missouri Heights SINGLE FAMILY HOMES Average Price Per Square Foot
$800 $700 $600
10%
$466
$500 $400
$663
$601
$307
$366
$300
2022 vs 2023
$200 $100 $0
2019
2020
2021
2023
2022
Third Quarter YTD of
% Sold Price to Original List Price
3%
94%
94%
97%
98%
95%
2019
2020
2021
2022
2023
2022 vs 2023
Third Quarter YTD of
Average Days on Market
220 2019
293 2020
157 2021
Third Quarter YTD of
155 2022
129 2023
17%
2022 vs 2023
Missouri Heights, Colorado
What’s For Sale? SINGLE FAMILY HOMES Active
Pending
Active Asking Price Range
Median Asking Price
Single Family Homes Active & Pending Studio - 1 Bedroom
-
-
$-
$-
2 - 3 Bedrooms
6
2
$1,795,000 - $6,599,000
$3,647,500
4 - 5 Bedrooms
11
6
$1,395,000 - $7,250,000
$5,400,000
6+ Bedrooms
2
-
$2,750,000 - $7,250,000
$5,000,000
Glenwood Springs SINGLE FAMILY HOMES $1M
Median Sold Price
Average Sold Price
3%
$800K $700K
6%
2022 vs 2023
$600K
2022 vs 2023
$500K $400K
2019
2020
2021
2022
2023
Third Quarter YTD of
Total Dollar Volume $141M
$150M
$125M
16%
2022 vs 2023
$90M
$105M
$105M
$120M
Million
Hundred Thousand
$900K
$71M
$60M $30M $0
2019
2020
2021
2022
Third Quarter YTD of
Number of Properties Sold SOLD
SOLD
SOLD
SOLD
SOLD
118
160
169
130
106
2019
2020
2021
2022
2023
Third Quarter YTD of
18%
2022 vs 2023
2023
Glenwood Springs, Colorado
What’s Selling? SINGLE FAMILY HOMES Number Sold
Sold Price Range
Median Sold Price
Median % Off Asking Price
Avg. Days On Market
Single Family Homes Sold Third Quarter YTD Studio - 1 Bedroom
2
$399,000 - $665,000
$532,000
2
120
2 - 3 Bedrooms
67
$410,000 - $1,670,000
$815,000
1
96
4 - 5 Bedrooms
35
$395,000 - $2,495,000
$1,075,000
3
82
6+ Bedrooms
2
$1,260,000 - $3,350,000
$2,305,000
5
59
Glenwood Springs SINGLE FAMILY HOMES Average Price Per Square Foot $500
$400
$400 $300
$441
10%
$335 $247
$260
2022 vs 2023
$200 $100 $0
2019
2020
2021
2022
2023
Third Quarter YTD of
% Sold Price to Original List Price
0%
2022 vs 2023
98%
98%
99%
99%
99%
2019
2020
2021
2022
2023
Third Quarter YTD of
Average Days on Market
114 2019
103 2020
87 2021
Third Quarter YTD of
90 2022
91 2023
1%
2022 vs 2023
Glenwood Springs, Colorado
What’s For Sale? SINGLE FAMILY HOMES Active
Pending
Active Asking Price Range
Median Asking Price
Single Family Homes Active & Pending Studio - 1 Bedroom
1
-
$190,000
$190,000
2 - 3 Bedrooms
15
13
$695,000 - $1,600,000
$899,000
4 - 5 Bedrooms
14
7
$640,000 - $2,950,000
$1,045,000
6+ Bedrooms
2
1
$1,600,000 - $9,000,000
$5,300,000
Glenwood Springs CONDO / TOWNHOMES $600K
3%
$500K $450K
2022 vs 2023
4%
2022 vs 2023
$400K $350K $300K
2019
2020
2021
2022
2023
Third Quarter YTD of
Total Dollar Volume $50M
$43M
$40M
16%
2022 vs 2023
Million
Hundred Thousand
Median Sold Price
Average Sold Price
$650K
$30M
$23M
$27M $22M $17M
$20M $10M $0
2019
2020
2021
2022
Third Quarter YTD of
Number of Properties Sold SOLD
SOLD
SOLD
SOLD
SOLD
72
63
68
81
32
2019
2020
2021
2022
2023
Third Quarter YTD of
46%
2022 vs 2023
2023
Glenwood Springs, Colorado
What’s Selling? CONDOS AND TOWNHOMES Number Sold
Sold Price Range
Median Sold Price
Median % Off Asking Price
Avg. Days On Market
Condo / Townhomes Sold Third Quarter YTD Studio - 1 Bedroom
4
$160,000 - $300,000
$247,500
3
91
2 - 3 Bedrooms
26
$325,000 - $900,000
$530,250
1
71
4 - 5 Bedrooms
2
$700,000 - $802,500
$751,250
2
50
Glenwood Springs CONDOS / TOWNHOMES Average Price Per Square Foot $500 $400 $300
$258
$266
2019
2020
$306
10%
$411
$362
2022 vs 2023
$200 $100 $0
2021
2022
2023
Third Quarter YTD of
% Sold Price to Original List Price
1%
2022 vs 2023
98%
98%
100%
99%
98%
2019
2020
2021
2022
2023
Third Quarter YTD of
Average Days on Market
96 2019
80 2020
52 2021 Third Quarter YTD of
95 2022
72 2023
24%
2022 vs 2023
Glenwood Springs, Colorado
What’s For Sale? CONDOS AND TOWNHOMES Active
Pending
Asking Price Range
Median Asking Price
Condominiums / Townhomes Active & Pending Studio - 1 Bedroom
1
-
$299,950
$299,950
2 - 3 Bedrooms
4
3
$539,000 - $649,000
$627,500
4 - 5 Bedrooms
1
-
$879,000
$879,000
1
#
2023 Top Sales
Ute Avenue | Aspen $76,000,000
3
#
2
#
Rose Spur Road | Snowmass $24,000,000
294 Draw Drive | Aspen $21,000,000
Our Property Collection
Brush Creek Ranch $29,000,000
6 BEDS | 6 BATHS | 4,995 SF | 102+ ACRE RANCH 660 BRUSH CREEK ROAD, SNOWMASS VILLAGE
West End Retreat $28,500,000
5 BEDS | 5F, 2H BATHS | 6,019 SF 810 W SMUGGLER STREET, ASPEN
Red Mountain Ranch $23,000,000
5 BEDS | 5 BATHS | 3 CAR GARAGE 804 HUNTER CREEK ROAD, ASPEN
Red Mountain Sanctuary
Unbeatable + Rare Lake Views
4 BEDS | 4F, 2H BATHS | 4,744 SF 349 DRAW DRIVE, ASPEN 60
5 BEDS | 4F, 1H BATHS | 4,457 SF 280 LAKE AVENUE, ASPEN 60
$21,500,000 OPEN-LIVING CONCEPT
Unmatched Location
$19,950,000 WEST END LIVING
Luxurious West End
$19,500,000 WEST END CONTEMPORARY
$18,500,000 PERFECT FOR HOSTING
4 BEDS | 4F, 2H BATHS | 3,829 SF 105 E HALLAM STREET, ASPEN 60
4 BEDS | 4F, 1H BATHS | 5,482 SF 101 W FRANCIS STREET, ASPEN
Majestic Maroon Court
Havens 8
$18,000,000 NEW CONSTRUCTION
$17,600,000 SKI-IN/SKI-OUT
5 BEDS | 8 BATHS | 5,066 SF 30 MAROON COURT, ASPEN 660
4 BEDS | 4F, 1H BATHS | 3,349 SF 411 WOOD ROAD 8, SNOWMASS VILLAGE
Discover Modern Elegance
Aspen’s Coveted West End
4 BEDS | 5F, 1H BATHS | 4,900 SF 765 CEMETERY LANE, ASPEN
4 BEDS | 6 BATHS | 3,759 SF 604 N EIGHTH STREET, ASPEN
$14,900,000 NEW CONSTRUCTION
$12,500,000 ASPEN RETREAT
Aspen Mountain Views
Beautiful West End Victorian
$12,000,000 ENTERTAINER’S DREAM
$8,495,000 WALK TO EVERYTHING
4 BEDS | 4F, 1H BATHS | 3,083 SF 1190 RIVERSIDE DRIVE, ASPEN
3 BEDS | 3F, 1H BATHS | 2,176 SF 131 W BLEEKER STREET, ASPEN
Mountains of Opportunity
Close to Everything in Aspen
$7,500,000 LUXURIOUS RETREAT
$7,250,000 ASPEN MOUNTAIN VIEWS
2 BEDS | 1 BATHS | 999 SF + 71 ACRES 4300 MIDNIGHT MINE RD., ASPEN
4 BEDS | 4 BATHS | 2,624 SF 215 MIDLAND AVENUE UNIT B, ASPEN
Design Your Dream Home
Tranquil Banks of Capitol Creek
$6,500,000 WHITE BOX - CUSTOMIZE IT
$5,995,000 BREATHTAKING VIEWS
4 BEDS | 3F, 2H BATHS | 5,740 SF
4 BEDS | 3F, 1H BATHS | 3,342 SF
340 MONASTERY CUTOFF RD, SNOWMASS
35 STARLIT LANE, SNOWMASS
Great Aspen Core Condo
Concept 600 Aspen Core Condo
$3,250,000 A BLOCK FROM GONDOLA
$3,200,000 ALLOWS FOR STR’S
2 BEDS | 2 BATHS | 932 SF 450 S ORIGINAL STREET 2, ASPEN 60
2 BEDS | 1F, 1H BATHS | 950 SF 600 E MAIN STREET #408, ASPEN 60
Fasching Haus Aspen Core
Heart of Downtown Basalt
$3,100,000 RARELY AVAILABLE
$2,500,000 CHARMING VICTORIAN
2 BEDS | 2 BATHS | 845 SF 718 S MILL STREET 11, ASPEN
5 BEDS | 4F, 1H BATHS | 2,462 SF
Downtown Aspen Core
140 E HOMESTEAD DRIVE, BASALT
Historic Herron Mansion
$2,495,000 NEWLY REMODELED
$2,195,000 STR PERMITS AVAILABLE
2 BEDS | 1 BATH | 771 SF 220 W MAIN STREET 210/P1/B6, ASPEN
1 BED | 1 BATH | 616 SF 333 W MAIN STREET 1-A, ASPEN
Discover Mountain Luxury Living
Lions Ridge Estate Private Home
$2,025,000 SKI-IN, SKI-OUT
$1,790,000 3 LEVEL ADOBE HOME
2 BEDS | 2 BATHS | 757 SF 130 WOOD ROAD 505 & 507, SMV
4 BEDS | 4F, 1H BATHS | 3,901 SF LIONS RIDGE ROAD, CARBONDALE
Stonebridge On Mountain Living
Aspen Core Pied-à-Terre
$1,500,000 SKI-IN, SKI-OUT
$989,000 TURN-KEY STUDIO
1 BED | 2 BATH | 716 SF 30 ANDERSON LANE 802, SMV
STUDIO | 1 BATH | 350 SF 725 E MAIN STREET #108, ASPEN
Timberline Deluxe Condominium
Colorado’s Western Slope
$825,000 AMAZING AMENITIES
$525,000 BREATHTAKING LANDSCAPE
1 BED | 1 BATH | 687 SF 690 CARRIAGE WAY UNIT B1B, SMV
10 ACRES WITH WATER RIGHTS 213 259A COUNTY ROAD, SILT
Sweeping Panoramic Views
Stunning Views
$500,000 BUILD YOUR DREAM HOME
$250,000 BUILD YOUR DREAM HOME
20 ACRES WITH STUNNING VIEWS 152 RUSTY SPUR TRAIL, RIFLE
10 ACRES WITH STUNNING VIEWS 152 RUSTY SPUR TRAIL, RIFLE
Homesite at Aspen Glen
$199,000 BUILD YOUR DREAM HOME
0.41 ACRES GATED COMMUNITY 152 GOLDEN STONE DRIVE, CARBONDALE
LIFESTYLE. LUXURY. LEGACY. 520 E Durant Ave Suite 205, Aspen • 970.544.5800 Properties@ChristiesAspenRE.com • ChristiesAspenRE.com