Tag Archives: Aspen

Market 2016 chart from CC

A Closer Look at the 2016 Real Estate Market

December 2016 capped a strong fourth quarter, one that nearly eclipsed the first three of the year. While it wasn’t enough to pull 2016 up to the levels of the prior two years, the final four months of 2016 nearly equaled the first eight, as election-year hesitation was replaced by some pent-up demand. Aspen’s considerable 12-month drop seemed to have as much to do with weak inventory as election-year jitters, so we’re pleased to see the increase in single-family home inventory — increasing demand should allow prices to stay strong. With adequate inventory and its comfortable price advantage over Aspen, Snowmass maintained its performance, actually growing dollar volume by 3%. Basalt also fared well, especially in average sales prices which, overall, grew by an impressive 13%. Continue reading

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Aspen Mtn Zach Berman Oct 6

Images of a Fall

Snowmaking has started on Aspen Mountain even as locals have gotten their first ski turns on Independence Pass and elsewhere, and local weather forecasts have turned from sunny and dry to a tumultuous mix of rain, snow, and downright cold. So as winter quickly approaches, we wanted to pay homage to an incredible fall season.

From the first turning leaves to swaths of warm color covering every hillside to the pure white caps of mountain peaks emerging over the rusty brown landscape, it’s been a constantly evolving feast for the eyes this autumn. And with Indian summer temperatures and brilliant blue skies presiding well into late October, it makes the term “off-season” laughable to those who took every opportunity to enjoy our very great outdoors.

Here, in photos, is the story of the fall of 2015. Thanks to the diligent team at Aspen/Snowmass and their Twitter and Instagram feeds — plus a couple of our own team members — for recording these magic moments. (Photo on home page by Zach Berman.) Continue reading

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Aspen sales chart

Understanding the Local Real Estate Market Now

Lately, the talk of the town has been how hot the Aspen real estate market is, and a lot of what’s been written is fanning those flames. While there’s certainly a lot to be excited about, we want to offer some context — a little background detail and long-range thinking to help you understand the market. Continue reading

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The Aspen Development Chessboard Update

There’s been no shortage of big sales, strategic moves, and bureaucratic action on the Aspen development chessboard lately, where, just like in chess, every move seems to affect the others. The major players of late? Mark Hunt, Aaron and Michael Brown, Bert Myrin, and Jeff Gorsuch. Here’s the skinny: Continue reading

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Aspen Report cover Oct 2014

The Aspen Report: Looking Like a Seller’s Market

We’ve completed our analysis of real estate activity through October 2014, slicing and splicing the data every which way but loose. You’ll find the full version of the latest Aspen Report on our website (under Resources, then Publications) — and it’s a numbers person’s dream. In an effort to summarize and identify trends, here we bring you the most pertinent key points about the local market, which encompasses Aspen, Snowmass Village, and Basalt. Continue reading

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IMG_1922

The What and Why of a Very Busy Summer

By all accounts, it was a very busy summer in Aspen and Snowmass, perhaps busier than people remember seeing it in many years. But how busy was it, and why? And will it be a continuing trend? We dove into some of the occupancy and sales tax data and spoke with reservations guru Bill Tomcich, president of Stay Aspen Snowmass, to bring you the following highlights, plus a summary of how the summer ended up and how the winter ahead is looking. Continue reading

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Best of Ideas Fest, Part 2

It may be impossible to summarize the Aspen Ideas Festival — the weeklong juggernaut of thinking that included 240 events featuring some 300 experts speaking on five overarching themes at the Aspen Institute campus and all around town last week. But it is interesting how a few strands of similar thought emerge — whether it’s on the latest issues in the news (the Middle East, the economy), or the newest innovations in technology and education, or the great social questions of the day (income inequality, the role of fathers). In any case, it is possible to pull out some of the highlights, take a step back, and get a snapshot of the current thinking in the world. Continue reading

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BRB Summer 2013 CoverSquare

The Big Red Book – statistical summary of the valley…

Here it is…The Big Red Book , summer updated edition.

Find out about the “Shift in the Conversation,” Aspen Real Estate Cycles, the Market Index, Market Trends, the Luxury Report, the Confidence Index, and more…

Like…

  • Listing inventory has dropped 12% in Aspen between 2011 and 2012, and is down 8% in Snowmass Village and 21% in Basalt.
  • Aspen Core condo sales prices/SF are tracking 5% higher than last year.
  • The average price per square foot for Red Mountain, the West End and Central Core is $1305.

 

 

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chautauqua

Chautauqua all this week in Aspen

The Aspen Historical Society is fêting its 50th anniversary this week in a truly amazing old-fashioned way. All this week it is holding a chautauqua at its West End headquarters. From morning till night every day are stories, films, character presentations, and performances—more than 60 in total—all revolving around the theme of Aspen’s history. Continue reading

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