“For the past two years, SMV (Snowmass Village) real estate sales have surged and are as feverish as Aspen’s,” wrote broker Tim Estin in his local real estate report for the first half of 2022. “SMV is a bargain compared to Aspen selling at 50-100% discount vs. the historic 25-30% spread. As inventory plummets that differential will narrow.” Link to Aspen Times 09/07/22 article
Estin Report: H1 2022 Aspen Snowmass Real Estate Market (excerpt below from pg 7)
Across both Aspen and Snowmass Village real estate markets, unit sales are falling and inventory, the number properties for sale, remains at record lows.