Happy springtime from Aspen! I hope you’re doing well and staying safe during these strange and uncertain times. The upper Roaring Fork Valley is very quiet now after the lifts shut down for the season in early March, just before what is typically the busy spring break season. The two or three weeks of spring break are the second busiest time of the winter season in Aspen and Snowmass and the culmination of the winter selling season. Often buyers will look over the holidays and early into the ne
Happy springtime from Aspen! I hope you’re doing well and staying safe during these strange and uncertain times. The upper Roaring Fork Valley is very quiet now after the lifts shut down for the season in early March, just before what is typically the busy spring break season. The two or three weeks of spring break are the second busiest time of the winter season in Aspen and Snowmass and the culmination of the winter selling season. Often buyers will look over the holidays and early into the new year before returning over spring break to make a decision. Unfortunately, that didn’t happen this year. Normally we have a very pronounced off-season in April and May in Aspen and Snowmass - once the lifts stop running and before the trails dry out and the warm summer weather arrives and activities and events resume in mid-June. The off-season just started a month early this year! Our business fell off a cliff in early March; we went from 70 mph to zero overnight, but I’m confident we will bounce back strong later this year once the world returns to a somewhat new normal. I had about four deals fall apart within a week of the pandemic arriving, but the others are holding together and headed to closing. I believe we will put those contracts that fell apart back together sometime later this year. Those buyers are still excited about owning in the Roaring Fork Valley, and enjoying the exceptional quality of life and sense of community our valley offers.
I’ve been enjoying sheltering in paradise, grateful to be able to get out and recreate on the mountain on my split-board and back on my road bike. There’s still a lot of snow on the mountains; the conditions are excellent. Springtime has arrived in the mountains. I had a fantastic road ride down to ACES Rock Bottom Ranch yesterday on the Rio Grande Trail. It’s that unique time of the year when you can ski, board, bike, fly fish or golf all in the same day and not freeze. There are some real silver linings to what we’re all experiencing now. For me, having my kids and wife to myself and spending more quality time together is a blessing. Finally completing some honey-do projects at home - and getting more organized is something I’ve been wanting to accomplish for some time. I’m enjoying touching base with friends and family members, checking in on one another, and sharing our favorite stories together. It has been a privilege collaborating and sharing best practices and ideas with top Sotheby’s agents from across the country. Lastly, catching my breath and reflecting on what’s most important in my life, and realigning my priorities, which for me are: my family, my faith, my friends, my community and my health and well-being has been helpful. I hope you’re taking advantage of this time to focus on what’s most important in your life.
We were off to a good start to 2020 until the world changed in early March. Aspen and Snowmass condo sales were off to a fast start, while Aspen and Snowmass single-family sales were slower. March saw strong Aspen single-family and condo sold volume, but less transactions while Snowmass saw the same or more transactions, but similar or less volume. Basalt saw strong numbers across the board with more primary end user activity. Let’s take closer look below at the different areas in our market.
Questions About the Market?
Our team is ready to provide personalized insights and guidance for your real estate decisions.
Contact Us
