I’m happy to report that a fabulous 2015 summer in Aspen gave way to an exuberant buying and selling season in September and October.
Overall, this has been a stellar year and as is always the case here in late fall/early winter, things have temporarily quietened down in preparation for what is predicted to be an epic ski season.
Last week, we put on our cross-country skis and had the luxury of Snowmass Mountain all to ourselves prior to its opening – and with Aspen Mountain already open for the ski season, we’re really excited about what’s to come!
With regard to our property market, Aspen has seen a 10% increase in sales volume over 2014, with a 24% increase in dollar volume – and whereas sales numbers in Snowmass are down by 17%, there has been a 6% increase in overall dollar volume. What does this mean? It means that we continue to have a great inventory of wonderful homes on the market throughout the valley – and while interest rates remain at historical lows, this is still an excellent time for buyers.
I’m also excited to share some Snowmass Village news; it’s now 100% confirmed that East West Partners is finally coming to Snowmass Base Village, sounding a big farewell to Related Cos! With East West Partners have had their eye on the prize for so long, they’ll be bringing their luxury ski-resort development expertise (Beaver Creek, Bachelor Gulch, Deer Valley) to Snowmass Base Village, transforming Snowmass into the world-class ski resort that we’ve always known it should be.
You can read the full article here.
Just imagine how that will ultimately increase property values.
Meanwhile, I would be happy to provide you with an analysis of whichever segments of the market you’re interested in – as well as a valuation for your own home.
Finally, as this promises to be one of the best seasons for many years, I do hope to be seeing you this winter!
