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Snow Mageddon, The Market Report, and Crown Mountain Park

For those of you who were here the last two weeks of December, you experienced some of the best skiing this area has seen in the last 15 years. We were peppered with over 100 inches of snow in that time frame. It was truly amazing time to be in town.

2021 Market Report

It was another extraordinary year for Aspen Snowmass Sotheby’s International Realty. We continue to dominate the luxury market with more sales than our next two competitors combined.

Being the best is about more than just sales volume. The data in these reports speak to more than just our performance, but our expert brokers’ unwavering dedication to delivering unparalleled service and unrivaled results for our clients, every time. As the number one brokerage in the Roaring Fork Valley for more than 20 years, we consider consistency a benchmark of our success.

There are two details in the report that really catch your eye. One is the declining inventory and the other is the increased price per square foot.

My Chateau Chaumont in the core of town recently sold for over $3,000 a square foot, making it the most expensive sale in that complex by over 29%. When the unit was purchased in 2016, it had been sitting on the market for over 300 days and had no offers. The purchase price was under $925 a square foot. People warned me that the price was too much for the unit – How things have changed over the last 5 years.

For condominiums, days on market are down 39%, average price per square foot is up by 11%, and inventory of condos for sale in December is down 88.4%. There were 112 condos/townhomes available for sale last December. This year there are 13. Trying to find a condominium for sale is a challenge. Trying to get something off market is one of the solutions. Having bought, remodeled, and sold numerous condos in the market, let me help you navigate the process and find your future property.

Crown Mountain Park Winter Improvements

Duke & Daisy

There are number of activities that are available at Crown Mountain Park in El Jebel. There is a new refrigerated ice rink in the park. They have organized youth hockey as well as public skating. Click here for details on the rink.

With the recent snowfall, the skate and cross skiing trail system is groomed and ready to go. There is a 2.7 km loop as well as a 5km loop. Dogs are welcome to run with you while you ski.

Recently Sold

731 E. Durant St., Unit #6

The New Year is off to a great start with my first closing and more snow in the forecast. It doesn’t get more convenient than this beautifully appointed Chateau Chaumont condominium located in the core of downtown Aspen, just one block to the Silver Queen Gondola. The unit features a brand new bathroom remodel complete with soaking tub and backlit mirror – Congratulations to the Buyers!

2 Bedrooms | 2 Bathrooms | 899 sf | Offered at $2,595,000

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