Skip Navigation Links
Real Estate

January Market Snapshots

We are pleased to share our Klug Properties January 2024 Market Snapshots with you. Please find some key takeaways below about the Aspen Snowmass Real Estate market.

- Aspen Snowmass has started 2024 with impressive sales numbers in January.

- The volume of sold Aspen condos was four times higher than the previous January.

- There were no single-family sales in Basalt indicating low inventory and the impact of interest rates. However, the Basalt condo numbers are considerably stronger than a year ago. 

- The high-end properties, priced at ten million dollars or more, continue to drive the market with seven sales in January 2024 compared to just three last January. 

- The inventory of Aspen properties increased by 35%, and 21% in Snowmass Village in January 2024 compared to January 2023. 

- As of January 31, 2024, there were 23 whole ownership, free-market properties pending sale in Aspen, compared to 17 a year ago, a 35% increase. Furthermore, pending dollar volume in Aspen increased by 143%, suggesting a strong spring of closings ahead. 

- The pending dollar volume in Snowmass of all free-market, whole ownership property types at $370 million is higher than Aspen’s pending volume as of Jan. 31, 2024 - Cirque being sold out and Aura nearly sold out has a lot to do with under-contract numbers in Snowmass Village. 

- The current inventory of Aspen condos, single-family homes, and vacant land combined is 8 months, while Snowmass has 5.7 months indicating a continued seller's market. 

- The inventory from Aspen - Old Snowmass is 46% lower than pre-pandemic levels from January 2020.

HomepageChris Klug Properties

Sotheby's International Realty® is a registered trademark licensed to Sotheby’s International Realty Affiliates LLC. Each Sotheby's International Realty office is independently owned and operated.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Real estate website design, development and optimization by  Organic Return

Real estate website design, development and optimization by Organic Return