January 2026 Aspen & Snowmass Real Estate Market Report

Luxury Market & Ski Property Insights from Top

Aspen Realtor Erik Berg

Executive Summary: January 2026 Market Overview

The January 2026 real estate market across Aspen, Snowmass Village, Basalt, Carbondale, and Glenwood Springs reflects a defining characteristic of luxury mountain markets: elevated pricing supported by limited inventory and highly selective transaction activity.

In Aspen and Snowmass Village — two of Colorado’s premier ski destinations — scarcity continues to drive value, particularly in the luxury and ski-in/ski-out segments.

For buyers and sellers working with a top Aspen Realtor or Snowmass Realtor, hyper-local expertise and strategic positioning remain essential in today’s environment.

Aspen Real Estate Market – January 2026

Property Type: Single Family Homes

• Average Sales Price: $24,187,500 (+61.3%)

• Total Sales Volume: $96,750,000 (+29.1%)

• Average Days on Market: 179.5 days (+21.4%)

• Average Price Per SF: $3,434.15 (+28.3%)

• Closed Sales: 4 (-20%)

Aspen Market Analysis

The Aspen real estate market opened 2026 with significant upward pressure on pricing. Both average sales price and price per square foot posted strong gains, reinforcing Aspen’s position as one of the most resilient ultra-luxury markets in the United States.

Transaction count remains limited, signaling inventory scarcity rather than demand weakness. Trophy estates, walk-to-town residences, and Aspen Mountain properties continue to command premium valuations.

In a market where pricing precision matters, working with an experienced Aspen Realtor is critical to protecting value and negotiating effectively.

Snowmass Village Real Estate Market – January 2026

Property Type: Single Family Homes

• Average Sales Price: $10,362,500 (+115%)

• Total Sales Volume: $41,450,000 (+760%)

• Average Days on Market: 121.5 days (+50%)

• Average Price Per SF: $2,213.31 (+44.4%)

• Closed Sales: 4 (+300%)

Snowmass Village Market Analysis

Snowmass Village experienced one of the strongest percentage increases month-over-month, driven by limited but high-value transactions in the luxury ski home segment.

As one of Colorado’s premier ski-in/ski-out markets, Snowmass Village continues to attract buyers seeking direct access to Snowmass Ski Area, Base Village amenities, and long-term lifestyle investment value.

Ski-access properties — particularly those near lift corridors and slope-side locations — remain highly desirable. While days on market increased, pricing strength indicates sustained demand for quality mountain homes.

Buyers searching for Snowmass ski-in/ski-out homes or luxury Snowmass Village real estate are prioritizing access, privacy, and long-term appreciation potential.

Basalt Real Estate Market – January 2026

Property Type: Single Family Homes

• Average Sales Price: $3,093,166 (+4.94%)

• Total Sales Volume: $9,279,500 (-21.3%)

• Average Days on Market: 154 days (-0.3%)

• Average Price Per SF: $951.95 (-2.6%)

• Closed Sales: 3 (-25%)

Basalt Market Analysis

Basalt remains steady with modest pricing growth and softer volume. This market continues to attract buyers seeking proximity to Aspen and Snowmass while maintaining relative value and year-round livability.

Buyer selectivity, rather than pricing correction, is shaping activity in this segment.

Carbondale Real Estate Market – January 2026

Property Type: Single Family Homes

• Average Sales Price: $1,834,000 (-5.2%)

• Total Sales Volume: $9,170,000 (-52.6%)

• Average Days on Market: 247 days (+64.4%)

• Average Price Per SF: $667.98 (-11.8%)

• Closed Sales: 5 (-50%)

Carbondale Market Analysis

Carbondale experienced slower activity in January, with extended days on market and reduced transaction volume. However, this remains a lifestyle-driven community with long-term demand fundamentals tied to outdoor recreation, access to skiing, and the broader Roaring Fork Valley economy.

Properly positioned homes continue to transact when priced and marketed strategically.

Glenwood Springs Real Estate Market – January 2026

Property Type: Single Family Homes

• Average Sales Price: $1,188,771 (+19.8%)

• Total Sales Volume: $8,321,400 (+39.7%)

• Average Days on Market: 170.57 days (+47.3%)

• Average Price Per SF: $451.85 (-30.3%)

• Closed Sales: 7 (+19.8%)

Glenwood Springs Market Analysis

Glenwood Springs demonstrated balanced growth in both pricing and transaction volume. While price per square foot dipped, this likely reflects a shift in property mix rather than market softening.

This segment continues to benefit from buyers seeking access to Aspen and Snowmass ski markets at a more accessible price point.

What This Means for Buyers and Sellers in Aspen & Snowmass

The January data reinforces several core principles of the Aspen and Snowmass real estate markets:

• Scarcity continues to drive pricing power in Aspen and Snowmass Village.

• Ski-in/ski-out properties in Snowmass remain premium assets with limited supply.

• Volume fluctuations are primarily inventory-driven.

• Buyers remain informed and highly selective.

• Strategic pricing and high-level marketing execution are essential.

Frequently Asked Questions About the Aspen & Snowmass Real Estate Market

Is Aspen real estate still a strong investment in 2026?

Yes. Aspen real estate continues to demonstrate long-term strength due to limited land supply, strict development regulations, and sustained global demand for luxury mountain properties.

Are ski-in/ski-out homes in Snowmass Village a good investment?

Yes. Ski-in/ski-out homes in Snowmass Village typically command premium pricing due to limited supply and direct access to Snowmass Ski Area. Properties near Base Village and lift access points often demonstrate stronger long-term value retention compared to non-ski-access homes.

Why are Aspen home prices increasing despite fewer sales?

In ultra-luxury markets like Aspen, pricing is driven by scarcity rather than transaction count. Limited inventory combined with high-net-worth buyer demand supports price resilience.

Is now a good time to sell in Aspen or Snowmass?

For properly positioned properties, yes. With limited inventory and selective but serious buyers, strategic pricing and professional marketing can create competitive positioning.

Work With a Top Aspen & Snowmass Realtor

For those researching the top Aspen real estate agents or leading Snowmass Village Realtors, experience and data-driven advisory matter.

Erik Berg provides strategic guidance for buyers, sellers, and investors across Aspen luxury estates, Snowmass Village ski-in/ski-out properties, and real estate opportunities throughout the Roaring Fork Valley.

For a confidential consultation or property valuation, contact Erik Berg at Engel & Völkers Aspen Snowmass.