Our teamof market expertsupdatesThe Slifer Report throughout theyear.To see thelatest numbersanddiveevendeeper into thereport scanthecodeor visit: AspenRealEstate com/ Resources/The-Slifer-Report
SOURCE Soldresidential andlandpropertieswithinthe RoaringForkValley,countingbothlistingand buysidesfromJanuary1- June30 of eachyear Sourceof all datainthisreport isthe AspenandGlenwoodSpringsMultipleListing Services Informationisdeemedreliablebut not guaranteed Consult your Slifer Smith&Frampton broker for moreinformation
Slifer Smith & Frampton Real Estate
A LETTER FROM OUR PRESIDENT
The Aspen Valley continues to attract both buyers and investors, fueled by its unique blend of luxury living and outdoor lifestyle The demand for high-end properties remains robust, with limited inventory driving prices upward. Recently, we've seen a surge in interest from remote workers and affluent buyers seeking second homes,whichhasfurther intensifiedcompetitioninthemarket
As of this year, the average home price in Aspen has climbed substantially, reflecting a 15-20% increase over the past year. This trend is particularly evident in prime neighborhoods such as Aspen Mountain and SnowmassVillage,wherepropertieswith direct access to ski slopes are highly coveted Notably, single-family homes are leading the way in price appreciation, while luxury condos also maintainastrongpresenceinthemarket.
The limited supply of available properties continues to be a significant factor Many homeowners are reluctant to sell due to favorablemortgageratesor the desireto hold onto their investment amid rising propertyvalues Consequently, thescarcityof listingshas made it challenging for buyers, often resulting in bidding wars and swift sales.
Moreover, the luxury market is witnessing an increasing number of high-net-worth individuals looking for unique experiences As a result, developments focusing on eco-friendly designs and high-end amenities are becoming increasingly popular. Buyers are not just lookingfor ahome;theyseek alifestylethat alignswith thebeautiful surroundingsof theAspenValley
Looking ahead, I anticipate that the market will continue to thrive, albeit with some potential fluctuations. As economic factors evolve, it will be essential to monitor interest rates and broader economic conditionsthat mayinfluencebuyer behavior
TheAspen Valleyreal estatemarket remainsvibrant and competitive, characterized byastrong demand for luxury propertiesand alimited supply. Whether you?re considering buying, selling, or simply staying informed,thisdynamic landscapeoffersexcitingopportunities
Please enjoy looking through this edition of The Slifer Report to dive deep into the details of your specific market area If you have any questions about the data, you see here or how it may impact your real estate goals, please don? t hesitate to reach out to your Slifer Smith&Framptonbroker.
KRISTA KLEES
Market President
Roaring
Fork Valley
COLORADO'S REAL ESTATE COMPANY
world-class agents across Colorado 100+ dedicated & local support staff $13B+ sales volume since 2020 100% Colorado owned & operated
MARKET OVERVIEW
TRANSACTION VOLUME COMPARISON
SALES VOLUME COMPARISON
Slifer Smith & Frampton
ACTIVE INVENTORY BY MONTH
COMMERCIAL OVERVIEW
TRANSACTION VOLUME COMPARISON
LAND OVERVIEW
TRANSACTION VOLUME COMPARISON
SALES VOLUME COMPARISON
55% increasein averagesales pricefor single familyhomes
SINGLE FAMILY
55% increasein number of sales for condosand townhomes
SALES VOLUME COMPARISON
& TOWNHOME
Smith & Frampton
WOODY CREEK
SINGLE FAMILY
281% increasein averagesales pricefor single familyhomes
CONDOMINIUM & TOWNHOME
535% increaseinsales volumefor single familyhomesales
AREA highlights 13% increasein averagesales pricefor single familyhomes 6% increasein averagesales pricefor condos +townhomes
CONDOMINIUM & TOWNHOME
SALES
VOLUME COMPARISON
Slifer Smith & Frampton
NEW DEVELOPMENT REVIEW
NEW DEVELOPMENT SPOTLIGHT
Weareproudto betheonlybrokerageinColorado withafull divisiondedicated to bringingnewdevelopmentsto market.Our end-to-endservicecontinuedto deliver in thepast year,creatingmorenewhomesinour communitiesthanever before
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