We hope you are having a fantastic beginning to 2024! January has been a wonderful combination of us identifying our goals for 2024 and recapping what a wonderful year 2023 was. Your trust and collaboration were instrumental to us in 2023 and we extend our heartfelt gratitude.

We were particularly impacted by something our 11-year-old daughter said to us this summer. We had the opportunity to take a bucket list trip to South Africa this August. On our return plane trip, Ellis said “You know how Africa was the one place we really wanted to see more than any other? Isn’t it fun to know that the people who come to Aspen may feel the same way about where we live?”. It struck us how fortunate we are as a family that we got to come home from a once in a lifetime trip and our daughter recognized how exceptional it is that we get to call this place home. It also struck us how many times we have visited and appreciated other notably beautiful locations, but still felt fortunate that we get to return to Aspen/Snowmass. The moment served to reinforce what we have always said about this area being a lifestyle choice you make when you connect with this place and this community. We have yet to have a client tell us they regret their time spent in our mountain haven!
Market Update

We have recently encountered inquiries and comments suggesting an apparent rise in real estate inventory within the Aspen/Snowmass area. Despite some notable additions of new properties, it's crucial to note that the inventory remains historically low. To provide a comprehensive understanding, we've conducted a thorough analysis considering factors such as price point, area, and property type. Based on the absorption rates for each sector, we have made educated estimations on what will happen with pricing if supply and demand levels remain the same.


The links below will show you:
Aspen absorption rate by price and property type
Snowmass Village absorption rate by price and property type
Stratos Snowmass Village

Many of you have been asking for updates on the next phase of building in Snowmass Village. Lot 10AB is the last lot in Base Village that has not commenced building. East West, the project developer, has secured their approvals through the Town of Snowmass Village for this next phase of building. We are told the project will consist of 85-90 residences between 2-4 bedrooms. The developer is still finalizing details including the size of the residences, floor plans, and pricing. They expect to begin marketing the residences in 2024 and accepting contracts on the residences at the beginning of 2025. We love keeping our clients up to date on all of the new projects that could be of interest, but also in consideration when purchasing an existing residence.
Michelin Stars Awarded in Colorado

The Michelin Guide, venturing into the Colorado restaurant scene for the first time this year, served up a delightful surprise. Five restaurants in Colorado were awarded with single stars, including Aspen's very own Bosq. Congratulations to Chef Barclay Dodge.
Enjoy Upcoming Local Events
Futurebirds at
Belly Up
Aspen
February 14, 2024
7:30 pm - 10:00 pm

Wheeler Opera House: Aspen laugh Festival 2024
Aspen
February 22 - 24, 2024

Palm Tree Music Festival
Aspen
February 23-24, 2024
4:00 pm - 7:00 pm
New & Exclusive Listings
721 Cemetery Lane
Aspen

4 BEDROOMS
6 BATHROOMS

$11,000,000
Exclusive Listing
400 Wood Road 1219G
Snowmass Village

2 BEDROOMS
2 BATHROOMS

$2,150,000
1024 E Cooper Ave 9
Aspen

3 BEDROOMS
2 BATHROOMS

$3,650,000
373 Branding Way
Basalt

4 BEDROOMS
5 BATHROOMS

$2,375,000
Not Ready to Buy? Your Luxury Vacation Rental Awaits
111 W Francis St
Aspen

5 BEDROOMS
7 BATHROOMS

$80,000 pm
745 Castle Creek Drive
Aspen

4 BEDROOMS
5 BATHROOMS

$65,000 pm
411 W Francis St
Aspen

3 BEDROOMS
3 BATHROOMS

$57,500 pm
215 W Hallam St
Aspen

4 BEDROOMS
6 BATHROOMS

$50,000 pm
650 Monarch St 4
Aspen

4 BEDROOMS
5 BATHROOMS

$40,000 pm
59 Maron Drive
Aspen

4 BEDROOMS
7 BATHROOMS

$65,000 pm
124 W Hyman Ave 2C
Aspen

4 BEDROOMS
4 BATHROOMS

$20,000 pm
77 Wood Road 601E
Snowmass Village

3 BEDROOMS
3 BATHROOMS

$35,000 pm
381 Ridge Road A5
Snowmass Village

4 BEDROOMS
5 BATHROOMS

$35,000 pm
110 Carriage Way 3201
Snowmass Village

2 BEDROOMS
2 BATHROOMS

$15,000 pm
Aspen Snowmass Sotheby's International Realty
415 E Hyman Avenue, Aspen, CO 81611
© MMXXI Stheby’s International Realty Affiliates LLC. All Rights Reserved. Sotheby’s International Realty Affiliates LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office is Independently Owned and Operated. Sotheby’s International Realty and the Sotheby’s International Realty logo are registered (or unregistered) service marks licensed to Sotheby’s International Realty Affiliates LLC.

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