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2017 Aspen Associates Realty Market Update

Market Update From Aspen Associates Realty

February 12, 2018

2017 was another productive year for both Aspen Associates Realty and the overall Aspen real estate market.  As a matter of fact, AAR posted our third consecutive year of double digit growth in total sales while proudly maintaining our local and independent status.  This year, we set a record of $171 million in total sales, and for the past two years, we have been #1 in Sales per Broker.  The Aspen real estate market as a whole nearly reached $2 billion in total sales since 2015.

Last year was a banner year for our rental department as well; we increased our overall gross rentals by nearly 20%, and SOLD OUT the holiday and New Year’s season despite a less than ideal snow fall.  The rental team is working hard to continue the momentum in 2018!  We have big plans to launch our AAR app, as well as other support programs, which will provide both Renters and Homeowners with better real-time information and organization.  AAR Rentals now also offers online bookings through our website, and can process payments to make the booking process fast and easy.  We look forward to continued success in the upcoming year.

The new Snowmass Base Village is finally under way!  The town of Snowmass stated: “The current phase of construction is expected to be completed in November 2018, and includes the Limelight Hotel, 55 residential units and a public events plaza.  The master plan for SBV will create a mountain contemporary village that celebrates the surrounding landscape and outdoor lifestyles of Snowmass Village and delivers engaging, family-fun, experience-driven activities for visitors, residents, and locals, as well as ski-in/ski-out living experiences that cater to buyers’ individual preferences.”  Our AAR office has all the information on the current offering.  Please give us a call to discuss the new developments in the Base Village and the overall Snowmass real market.

Interest rates remain low and observing the recent fluctuations in the stock market, we believe the Aspen real estate remains a good way to diversify, as well as provide a great way to enjoy, your investment.  If you are considering buying or selling, please give us a call.  If you would like to be added to an automated email–notifying you of all new listings that meet your search criteria– we can set that up, or if you just want to talk about your real estate goals, we are happy to help.  The team at Aspen Associates Realty look forward to working with you in 2018!

Many thanks for your continued support.

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