Mountain Market Report
November 2024
ASPEN SNOWMASS BASALT
Luxury Real Estate Market Research
Aspen SINGLE FAMILY RESIDENCES
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$10,862,500
18.7% ∆ Year over Year
Median Sales Price
-36.1% ∆ Month over Month
$2,815
66.0% ∆ Year over Year
Average Sales Price per Square Foot
27.9% ∆ Month over Month
6
100.0% ∆ Year over Year
Closed Sales
-25.0% ∆ Month over Month
163
-46.0% ∆ Year over Year
Median Days on Market
-28.1% ∆ Month over Month
90.6%
-1.9% ∆ Year over Year
List Price Received
-2.6% ∆ Month over Month
Mountain Market Report : November 2024
CONDOMINIUMS, TOWNHOMES, DUPLEXES
$2,200,000
37.3% ∆ Year over Year
Median Sales Price
-46.7% ∆ Month over Month
$2,855
1.7% ∆ Year over Year
Average Sales Price per Square Foot
-15.5% ∆ Month over Month
8
-20.0% ∆ Year over Year
Closed Sales
300.0% ∆ Month over Month
93
-31.5% ∆ Year over Year
Median Days on Market
2.8% ∆ Month over Month
95.9%
5.3% ∆ Year over Year
List Price Received
2.7% ∆ Month over Month
Mountain Market Report : November 2024
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Mountain Market Report : November 2024
Prestigious Estate Overlooking Hallam Lake I N AS P E N
844 Roaring Fork Road $37,000,000 4 BR, 5 BA, 1 HALF BA
JENNIFER ENGEL + MARIAN LANSBURGH Elliman Broker Associates, The Engel Lansburgh Team O 970.925.8810 M 973.987.7090
Mountain Market Report : November 2024
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Snowmass Village SINGLE FAMILY RESIDENCES
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$15,600,000
202.9% ∆ Year over Year
Median Sales Price
124.5% ∆ Month over Month
$2,505
78.9% ∆ Year over Year
Average Sales Price per Square Foot
25.3% ∆ Month over Month
2
0.0% ∆ Year over Year
Closed Sales
-60.0% ∆ Month over Month
399
82.0% ∆ Year over Year
Median Days on Market
319.5% ∆ Month over Month
88.9%
-6.2% ∆ Year over Year
List Price Received
-7.0% ∆ Month over Month
Mountain Market Report : November 2024
CONDOMINIUMS, TOWNHOMES, DUPLEXES
$3,586,250
114.1% ∆ Year over Year**
Median Sales Price
-14.9% ∆ Month over Month
$2,300
44.1% ∆ Year over Year
Average Sales Price per Square Foot
-11.9% ∆ Month over Month
34
580.0% ∆ Year over Year**
Closed Sales**
-26.1% ∆ Month over Month
676
382.9% ∆ Year over Year**
Median Days on Market
1.5% ∆ Month over Month
95.9%
7.2% ∆ Year over Year
List Price Received
-0.1% ∆ Month over Month **The dramatic increase in Snowmass Village sales is due to completion of new projects at the Aura and the Viceroy, which started construction and presales in 2022.
Mountain Market Report : November 2024
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Panoramic Mountain Views I N O L D S N O W M AS S
189 Chateau Way $4,500,000 4 BR, 3 BA, 1 HALF BA
BRITTANIE ROCKHILL Elliman Broker Associate O 970.925.8810 M 970.366.0891
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Mountain Market Report : November 2024
Basalt SINGLE FAMILY RESIDENCES
$1,100,000
-57.5% ∆ Year over Year
Median Sales Price
-45.7% ∆ Month over Month
$663
-31.9% ∆ Year over Year
Average Sales Price per Square Foot
-17.2% ∆ Month over Month
3
50.0% ∆ Year over Year
Closed Sales
-50.0% ∆ Month over Month
130
83.1% ∆ Year over Year
Median Days on Market
118.5% ∆ Month over Month
95.2%
-0.5% ∆ Year over Year
List Price Received
-4.0% ∆ Month over Month
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Mountain Market Report : November 2024
CONDOMINIUMS, TOWNHOMES, DUPLEXES
$1,911,000
105.0% ∆ Year over Year
Median Sales Price
47.3% ∆ Month over Month
$724
-37.0% ∆ Year over Year
Average Sales Price per Square Foot
-14.7% ∆ Month over Month
1
-66.7% ∆ Year over Year
Closed Sales
-83.3% ∆ Month over Month
109
23.2% ∆ Year over Year
Median Days on Market
0.0% ∆ Month over Month
96.8%
-3.8% ∆ Year over Year
List Price Received
1.2% ∆ Month over Month
Mountain Market Report : November 2024
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Mountain Market Report : November 2024
22+ Acres Set Amongst Seven Castles I N BASA LT
4959 Frying Pan Road $5,390,000 Land | Approx. 22 Acres
MICHAEL LATOUSEK Elliman Broker Associate O 970.925.8810 M 970.618.7768
Mountain Market Report : November 2024
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Total Year to Date Pace Aspen
Transactions Year to Date
Sales Volume Year to Date
2024
72 Sold
2024
$1,276,780,611
2023
85 Sold
2023
SINGLE FAMILY HOMES
$1,374,461,500
2024
106 Sold
2023
95 Sold
2023
Sales Volume Year to Date
2023
Transactions Year to Date 2024
CONDOMINIUMS, TOWNHOMES, DUPLEXES
$479,033,450
2023
$455,482,283
*Data sourced from the Aspen/Glenwood MLS and encompasses Jan 1, 2024 - Dec 3, 2024
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Mountain Market Report : November 2024
Snowmass Village
Transactions Year to Date
Sales Volume Year to Date
2024
31 Sold
2024
$274,728,500
2023
34 Sold
2023
SINGLE FAMILY HOMES
$248,322,500
Transactions Year to Date
Sales Volume Year to Date
2024
177 Sold
2024
$656,306,380**
2023
152 Sold
2023
CONDOMINIUMS, TOWNHOMES, DUPLEXES
$320,775,999
*Data sourced from the Aspen/Glenwood MLS and encompasses Jan 1, 2024 - Dec 3, 2024 **The dramatic increase in Snowmass Village sales is due to completion of new projects at the Aura and the Viceroy, which started construction and presales in 2022.
Mountain Market Report : November 2024
15
Total Year to Date Pace Basalt
Transactions Year to Date
Sales Volume Year to Date
2024
47 Sold
2024
$118,077,899
2023
60 Sold
2023
SINGLE FAMILY HOMES
$137,901,400
Transactions Year to Date
Sales Volume Year to Date
2024
38 Sold
2024
$56,117,609
2023
76 Sold
2023
CONDOMINIUMS, TOWNHOMES, DUPLEXES
$99,045,058
*Data sourced from the Aspen/Glenwood MLS and encompasses Jan 1, 2024 - Dec 3, 2024
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Mountain Market Report : November 2024
1422 W. Buttermilk Road, Aspen $32,900,000 | 6 BR, 6 BA, 3 HALF BA Listed by Riley Warwick, Elliman Broker Associate
O 970.925.8810 | elliman.com/colorado
630 E HYMAN AVE, STE 101, ASPEN, CO 81611. 970.925.8810. © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. IF YOUR PROPERTY IS CURRENTLY LISTED WITH ANOTHER REAL ESTATE BROKER, PLEASE DISREGARD THIS OFFER. IT IS NOT OUR INTENTION TO SOLICIT THE OFFERINGS OF OTHER REAL ESTATE BROKERS. WE COOPERATE WITH THEM FULLY. EQUAL HOUSING OPPORTUNITY. SALES DATA WITHIN THIS REPORT HAVE BEEN SOURCED FROM THE ASPEN/GLENWOOD MLS, 2024.