Skip to main content
Back to blog

May 2025 Newsletter

May 7, 2025
May 2025 Newsletter
 
What's New For May?
 
The Team
More than 500 tenants placed, 300 landlords served, and over $160M in sales

 
As we all know, the Roaring Fork Valley has so much to offer. As our community continues to grow and evolve, several exciting projects are on the horizon. This off-season, Aspen Skiing Company will enhance the Snowmass Mountain experience with improvements to the Elk Camp Chairlift and the construction of a brand-new Ullrhof Restaurant. In Basalt, the Midland Residences development is underway, featuring 65 condominium units above a market and restaurant operated by the CP Group—known for beloved establishments like Steakhouse 316, The Wild Fig, and Woody Creek Tavern.

 
Looking ahead, discussions continue around the Lift One corridor project, and the Aspen Airport expansion is scheduled to break ground in 2027. These developments highlight the continued investment in the vitality and growth of our Valley.

 
Whether the Roaring Fork Valley is your full-time home, your home away from home, or your favorite getaway, nothing compares to the lifestyle and beauty it offers. Call us today to talk about the future of the Valley, real estate opportunities, or planning your next vacation rental.
Thank you for working with The Team
- Lori, Patsy, Li, Karen

 
 
 
A Snapshot of Last Month's Market Statistics
 
Aspen
  • Available Listings: 143
  • Average Days on Market: 110
  • Average Sale Price: $11,430,357
  • Average Price / Square Foot: $3,470
  • Average Annual Price Appreciation: Five Years: 15.7%; One Year: 11.8%
  • Sold Last Month: 14
Snowmass Village
  • Available Listings: 101
  • Average Days on Market: 84
  • Average Sale Price: $4,406,833
  • Average Price / Square Foot: $2,369
  • Average Annual Price Appreciation: Five Years: 21.7%; One Year: 30.9%
  • Sold Last Month: 12
 
Basalt
  • Available Listings: 90
  • Average Days on Market: 165
  • Average Sale Price: $1,556,250
  • Average Price / Square Foot: $671
  • Sold Last Month: 4
Carbondale
  • Available Listings: 43
  • Average Days on Market: 147
  • Average Sale Price: $3,633,125
  • Average Price / Square Foot: $764
  • Sold Last Month: 8
 
 
Our Top Picks For Sale
 
 

8389 Upper River Road, Woody Creek

$8,650,000

4
Bedrooms
 4 full, 1 half
Bathrooms
 4,044
Sq Ft.
Nestled on 1.5 acres of pristine land, this contemporary 4-bedroom, 4.5-bath home is designed by an award-winning architecture firm and offers a perfect blend of luxury, comfort, and sustainability. Spanning 4,044 square feet, the home is thoughtfully designed with energy efficiency in mind, ensuring both environmental responsibility and cost savings. Southern and Western exposures flood the open living spaces with natural light, creating a warm and inviting atmosphere, while three elegant fireplaces provide cozy focal points throughout. The home features dual office spaces ideal for remote work, along with a wine room and a dedicated exercise room. Outdoor living is elevated with a heated kitchen and dining area, perfect for entertaining year-round. The spacious primary bedroom offers breathtaking views towards Aspen Highlands, creating a serene and peaceful retreat. With ample storage, a 2-car garage, and impeccable design details, this home seamlessly blends modern sophistication with mountain charm, making it the perfect sanctuary in the heart of nature.
Request A Private Showing
 
 
 

400 Wood Road, Unit 3205, Snowmass Village

$1,415,000

2
Bedrooms
 2
Bathrooms
 900
Sq Ft.
Relax in this lovely remodeled and well laid out 2-bedroom/2-bathroom at the slopeside location of Crestwood Condominiums. The Crestwood offers the finest in service and amenities for it's owners and guests including heated pool, exercise facility, multiple hot tub spas, greeting pavilion, private shuttle service and private owner and guest parking. Enjoy the convenience of skiing, hiking, road or mountain biking directly from your front door. This beautifully appointed residence comes completely furnished and turn-key at the offer price. Rental history is available upon request.
Request A Private Showing
 
The Aspen/Snowmass market is constantly changing. To discuss the details of the market or a specific property, call or email us today!

 
 
 
Aspen Rental Listings
 

506 West Hallam Street, Aspen

5
Bedrooms
 5 Full, 2 Half
Bathrooms
 4,677
Sq Ft.

Seasonal Monthly $50,000

262 Eastwood Drive, Aspen

6
Bedrooms
 3 full, 1 half
Bathrooms
 3,360
Sq Ft.

Seasonal Monthly $60,000; Nightly $4,000; Holiday Nightly $5,000

 
 
Snowmass Village Rental Listings
 

365 Terrace Drive, Snowmass Village

5
Bedrooms
 5
Bathrooms
 2,832
Sq Ft.

Seasonal Monthly $45,000; Holiday Nightly $4,500; Nightly $3,000

140 Forest Lane, Snowmass Village

6
Bedrooms
 6
Bathrooms
 3,915
Sq Ft.

Summer Monthly $45,000; Summer Nightly $3,000; Holiday Nightly $5,500; Winter Monthly $60,000; Winter Nightly $4,000

 
 
Mid-Valley Rental Listings
 
 

649 Saddleback Road, Carbondale

4
Bedrooms
 3 full, 1 half
Bathrooms
 3,405
Sq Ft.

Summer Monthly $25,000; Winter Monthly $16,000

Request A Private Showing
 

333 Sopris Circle, Basalt

5
Bedrooms
 4 full, 1 half
Bathrooms
 3,555
Sq Ft.

Seasonal Monthly $23,000; Long Term Monthly $13,000

Request A Private Showing
 
 
In the News
 
New Pitkin County energy use codes now in effect
Updates have now been officially implemented to a Pitkin County code meant to encourage building smaller and more energy-efficient single-family home developments.
 
Aspen One announces summer investment projects totaling nearly $80M
Aspen Snowmass, a division of Aspen One, is set to break ground this month on nearly $80 million of on-mountain improvement projects at Snowmass Ski Area, including two new high-speed chairlifts, a complete reconstruction of one of the resort’s most beloved on-mountain restaurants and more, a company news release says.
 
Aspen discusses Lift One corridor project
Aspen City Council convened examined the evolving financial and logistical landscape of the Lift One Corridor project, with particular emphasis on the Willoughby Park component.
 
 
Looking for a luxury beach destination?
 
Escape to the mesmerizing beauty of Los Cabos! Let us be your gateway to a dream destination experience. Reach out to us, and we'll connect you with our trusted affiliate partners who specialize in curating unforgettable memories in Los Cabos.
 
 
 
 
 

Aspen

415 East Hyman Avenue, Aspen, Colorado 81611

Snowmass Village

50 Snowmass Village Mall, Snowmass Village, Colorado 81615

© 2026 The Team Sotheby's International Realty. All rights reserved. Sotheby's International Realty® and the Sotheby's International Realty Logo are service marks licensed to Sotheby's International Realty Affiliates LLC and used with permission. The Team Sotheby's International Realty fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Sotheby's International Realty Affiliates LLC nor any of its affiliated companies.

FoundationCRM website designed and developed byORGANICRETURN

© 2026 Team Aspen Snowmass. All rights reserved.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.