Released Mar 3, 21 v1.5

Bottom Line

Feb 2021 continues intense Aspen and Snowmass real estate market activity dominated by huge demand and a limited supply. While activity had slowed marginally in early January, since mid-Jan and Feb it has resumed its upward trajectory. The story is similar throughout the Roaring Fork Valley from Aspen to Glenwood.  And as I speak with brokers weekly around the country, it is the same in other high end markets: high demand, low inventory, historic low interest rates and now…as the country opens up from Covid 19 isolation, an economic rebound is a’coming the likes of which I don’t believe we have ever witnessed.  The message, as most are already aware, is that buyers need to act without delay when they see a property they like. Properties are going under contract now within days of appearing in the MLS, if not before. Have all your ducks in a row, and be prepared to act immediately when you see something you really like.

For earlier market comments, see recent article for Private Air Magazine Jan/Feb 2021 issue.

Aspen Only:  February 2021 Market Statistics Summary

Aspen condo sales February 2021

  • Unit Sales: 267% (11) in Feb ‘21 from (3) in Feb ‘20
  • Dollar Sales: +40% $28M in Feb ‘21 from $20M in Feb ‘20
  • Inventory Active Listings: -18% (102) in Feb ‘21 from (125) in Feb ‘20

Aspen condo sales YTD

  • Unit Sales: 50% (24) in Feb ‘21 from (16) in Feb ‘20
  • Dollar Sales: -26% $59M in Feb ‘21 from $80M in Feb ‘20
  • Inventory Active Listings: -4% (127) in Feb ‘21 from (133) in Feb ‘20

Aspen Single family home sales February 2021

  • Unit Sales: +133% (7) in Feb ‘21 from (3) in Feb ‘20
  • Dollar Sales: +294% $69M in Feb ‘21 from $17M in Feb ‘20
  • Inventory Active Listings: -36% (97) in Feb ‘21 from (152) in Feb ‘20

Aspen Single family home sales YTD

  • Unit Sales: +150% (20) in Feb ‘21 from (8) in Feb ‘20
  • Dollar Sales: +191% $211M in Feb ‘21 from $72M in Feb ‘20
  • Inventory Active Listings: -30% (118) in Feb ‘21 from (171) in Feb ‘20

*Typically, the Aspen market represents 70-75% of the total combined Aspen Snowmass Village real estate marketplace. 

Snowmass Village Only:  February 2021 Market Statistics Summary

Snowmass Village condo sales February 2021

  • Unit Sales: +33% (16) in Feb ‘21 from (12) in Feb ‘20
  • Dollar Sales: +44% $29M in Feb ‘21 from $20M in Feb ‘20
  • Inventory Active Listings: -32% (97) in Feb ‘21 from (143) in Feb ‘20

Snowmass Village condo sales YTD

  • Unit Sales: +7% (30) in Feb ‘21 from (28) in Feb ‘20
  • Dollar Sales: -8% $45M in Feb ‘21 from $48M in Feb ‘20
  • Inventory Active Listings: -24% (118) in Feb ‘21 from (157) in Feb ‘20

Snowmass Village Single family home sales February 2021

  • Unit Sales: +100% (3) in Feb ‘21 from (0) in Feb ‘20
  • Dollar Sales: +100% $13M in Feb ‘21 from $0M in Feb ‘20
  • Inventory Active Listings: -57% (33) in Feb ‘21 from (77) in Feb ‘20

Snowmass Village Single family home sales YTD

  • Unit Sales: +500% (6) in Feb ‘21 from (1) in Feb ‘20
  • Dollar Sales: +1790% $27M in Feb ‘21 from $1M in Feb ‘20
  • Inventory Active Listings: -52% (38) in Feb ‘21 from (80) in Feb ‘20

* Typically, the Snowmass Village  market represents 25-30% of the total combined Aspen Snowmass Village real estate marketplace..


Links to Feb 2021 Aspen and Snowmass Village Sold Property Photos and Details

Aspen Feb 2021 Closed Properties.   This link is valid until 4/1/21.

Snowmass Village Feb 2021 Closed PropertiesThis link is valid until  4/1/21.