Summer is definitely here - we've passed the solstice and Independence Day and are well on our way through July. It's time for an updated look at the state of the Aspen/Snowmass real estate market!
Midway through 2023 we’re seeing that inventory has rebounded a bit from historic lows last year but still remains well off the highs of 2019 and prior. The most recent snapshot from Land Title Guarantee shows the following:
The total sold volume has dropped from this spring and even the month of May. Mortgage rates and recent tax assessments may be taking a toll (read on for more about this below). It's well off the remarkable highs from 2021 and 2022 caused by pent up demand during the pandemic.
Click here for the complete report including category breakdowns!