November 2025 Aspen & Snowmass Real Estate Market Insights

Aspen · Snowmass · Roaring Fork Valley
By Erik Berg, Private Office Advisor, Engel & Völkers Aspen

Market Overview

November delivered a clear signal across the Roaring Fork Valley: Aspen surged, Snowmass remained supply-constrained, and mid-valley markets reflected normalization rather than weakness.

As we move deeper into ski season, buyer behavior continues to reward scarcity, architectural quality, and long-term lifestyle value. This month’s data reinforces why Aspen and its surrounding communities remain some of the most resilient luxury real estate markets in the world.

As a trusted Aspen Realtor and Snowmass Realtor, I analyze these numbers not just as statistics, but as indicators of opportunity, leverage, and positioning.

Aspen | Single-Family Homes

November 2025

• Average Sales Price: $24,374,840 (+53.3%)

• Total Sales Volume: $219,383,560 (+130%)

• Average Price per Sq. Ft.: $3,843.25 (+30.6%)

• Average Days on Market: 327 (+1.4%)

• Closed Sales: 9 (+50%)

Insight:
Aspen delivered a standout month, driven by a handful of high-value, ultra-luxury transactions. The sharp increase in sales volume and pricing underscores continued demand for best-in-class properties, even as buyers remain deliberate. Extended days on market reflect thoughtful decision-making — not diminished confidence.

Aspen continues to function as a global luxury market, where real estate is viewed as a long-term asset rooted in scarcity, lifestyle, and legacy.

Snowmass Village | Single-Family Homes

November 2025

• No reported sales activity this month

Insight:
Snowmass Village experienced limited transaction volume in November, largely due to inventory constraints rather than lack of demand. As a Snowmass Village Realtor, I continue to see strong interest in ski-in/ski-out residences and well-located single-family homes heading into peak winter season.

Periods of low activity in Snowmass are often followed by concentrated movement once the right inventory comes to market.

Basalt | Single-Family Homes

November 2025

• Average Sales Price: $1,700,000 (-31.7%)

• Total Sales Volume: $1,700,000 (-86.3%)

• Average Price per Sq. Ft.: $572.01 (-44.2%)

• Average Days on Market: 130 (-25.4%)

• Closed Sales: 1 (-80%)

Insight:
Basalt saw a quieter month, with fewer transactions impacting overall averages. However, the reduction in days on market suggests that well-priced homes are still moving efficiently. This remains a market where precision pricing and strategic presentation matter most.

Carbondale | Single-Family Homes

November 2025

• Average Sales Price: $1,702,467 (-47.1%)

• Total Sales Volume: $11,917,275 (-38.3%)

• Average Price per Sq. Ft.: $809.05 (-8.4%)

• Average Days on Market: 79 (-55%)

• Closed Sales: 7 (+16.7%)

Insight:
Carbondale continues to show healthy transactional activity, with faster absorption and an increase in closed sales. While pricing moderated month-over-month, buyer demand for primary residences and modern homes remains steady. This market continues to reward realistic pricing and turnkey condition.

Glenwood Springs | Single-Family Homes

November 2025

• Average Sales Price: $1,024,990 (-23.6%)

• Total Sales Volume: $6,149,942 (-64.7%)

• Average Price per Sq. Ft.: $412.89 (-12.5%)

• Average Days on Market: 62 (-24.4%)

• Closed Sales: 6 (-53.8%)

Insight:
Glenwood Springs continues to function as a value-driven, lifestyle-oriented market. Faster days on market point to consistent buyer engagement, particularly for well-located family homes and primary residences.

Key Takeaways

• Aspen demonstrated exceptional strength at the top of the market

• Snowmass remains inventory-constrained, not demand-constrained

• Mid-valley markets are stabilizing, not retreating

• Pricing accuracy and property quality continue to drive outcomes

As ski season gains momentum, inventory across Aspen and Snowmass is expected to tighten further — creating opportunities for sellers who are well-positioned and buyers who are well-advised.

Work With a Trusted Aspen & Snowmass Realtor

Whether you’re evaluating the value of your Aspen property, exploring opportunities in Snowmass Village, or planning a strategic move within the Roaring Fork Valley, I’m always available to provide insight and guidance.

📩 Connect with Erik Berg
Private Office Advisor | Aspen & Snowmass Realtor
Engel & Völkers Aspen