October 2025 Market Report

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

Aspen Market Overview

October’s Aspen real estate market reflected a period of recalibration as luxury buyers and sellers adjusted to shifting conditions.

• Average Sales Price: $15,900,645 (-38.8%)

• Total Sales Volume: $95,406,875 (-47.6%)

• Average Price per Sq. Ft.: $2,942.26 (-23.8%)

• Days on Market: 322.5 (+232.8%)

• Closed Sales: 6 (-14.3%)

Even with fewer transactions, Aspen remains a high-demand luxury enclave where premium inventory continues to command global attention. The increase in days on market reflects selective buyer behavior and extended decision timelines, while average pricing still reinforces Aspen’s position as one of the strongest ultra-luxury real estate markets in the country.

As an Aspen Realtor with over 18 years of experience, I continue to see high-net-worth buyers focusing on exceptional design, privacy, and lifestyle amenities—particularly in areas near downtown and along Red Mountain.

Snowmass Village Market Overview

October brought a quieter month for Snowmass Village, yet pricing strength remained notable within limited activity.

• Average Sales Price: $4,500,000 (-38%)

• Total Sales Volume: $4,500,000 (-87.6%)

• Average Price per Sq. Ft.: $1,958.22 (+5.2%)

• Days on Market: 64 (-47%)

• Closed Sales: 1 (-80%)

Despite fewer sales, the Snowmass Village real estate market continues to draw attention from lifestyle-driven buyers seeking ski-in/ski-out homes, mountain modern designs, and long-term value. The sharp drop in total volume this month is primarily tied to limited inventory, not diminished demand. As a Snowmass Realtor, I’m seeing consistent interest from both domestic and international buyers preparing for the winter season.

Basalt Market Overview

The Basalt market remained competitive in October, with strong gains in pricing despite a drop in sales volume.

• Average Sales Price: $2,486,800 (+26.3%)

• Total Sales Volume: $12,434,000 (-42.6%)

• Average Price per Sq. Ft.: $1,024.38 (+33%)

• Days on Market: 174.2 (+24.7%)

• Closed Sales: 5 (-54.5%)

Basalt continues to attract buyers seeking luxury at a more approachable price point than Aspen or Snowmass Village. The rise in average price per square foot signals a market where quality, walkability, and proximity to the Roaring Fork River remain key drivers of value.

Carbondale Market Overview

Carbondale experienced solid growth in both sales volume and pricing, demonstrating its strength as a thriving valley hub.

• Average Sales Price: $3,220,667 (+20%)

• Total Sales Volume: $19,324,000 (+20%)

• Average Price per Sq. Ft.: $883.18 (+26.4%)

• Days on Market: 176 (+47%)

• Closed Sales: 6 (steady)

Buyers continue to be drawn to Carbondale’s balance of luxury living and mountain lifestyle, particularly for those seeking primary residences within close reach of Aspen and Glenwood Springs. Modern builds with energy-efficient features are especially commanding attention.

Glenwood Springs Market Overview

Glenwood Springs saw healthy activity in October with notable gains across all key metrics.

• Average Sales Price: $1,341,904 (+3.7%)

• Total Sales Volume: $17,444,750 (+12.4%)

• Average Price per Sq. Ft.: $471.82 (+6.9%)

• Days on Market: 82 (-36.8%)

• Closed Sales: 13 (+8.3%)

This community continues to attract buyers seeking family-friendly homes and strong year-round value. The shorter days on market indicate steady demand and competitive pricing across the Roaring Fork corridor.

Market Insights & Outlook

Across the Roaring Fork Valley, October reflected a blend of selective buyer activity and sustained long-term demand for luxury mountain properties. While Aspen and Snowmass Village saw fewer transactions, surrounding areas like Carbondale and Glenwood Springs continued to perform steadily, highlighting the valley’s diverse range of lifestyle options.

With ski season approaching, inventory is expected to tighten further, particularly for well-located homes offering privacy, views, and turnkey convenience.

Work with a Trusted Aspen Realtor

Whether you’re buying, selling, or exploring the next opportunity in Aspen, Snowmass Village, or the greater Roaring Fork Valley, I bring deep market expertise, negotiation experience, and the global reach of Engel & Völkers Private Office.

📞 Contact Erik Berg
Private Office Advisor | Aspen & Snowmass Realtor
Engel & Völkers Aspen
(970) 379 - 6353
[email protected]
533 E. Hopkins Avenue Aspen, CO 81611