September 2024 Newsletter

What's New For September?

The Team #1 in Rental Volume 10 Years in a Row Over $30 Million in Sales Year to Date

Important Updates in Real Estate Practices: What You Need to Know

You may have heard about some important changes that recently happened in the real estate industry. These changes stem from a settlement between the National Association of Realtors (NAR) and the Department of Justice, and they are set to impact how you buy and sell real estate. With so much information circulating, it’s easy to feel unsure about how these changes will affect you. That’s why we want to take a moment to explain what’s happening here in Colorado and how we’re here to support you through it. Read the blog post using the link below, or call us today to discuss the changes taking place. Thank you for working with The Team - Lori, Patsy, Li, Karen

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A Snapshot of Last Month's Market Statistics

Aspen Available Listings: 201 Average Days on Market: 181 Average Sale Price: $14,227,880 Average Price / Square Foot: $3,382 Average Annual Price Appreciation: Five Years: 14.2%; One Year: -1.1% Sold Last Month: 16 Snowmass Village Available Listings: 76 Average Days on Market: 103 Average Sale Price: $4,158,409 Average Price / Square Foot: $1,793 Average Annual Price Appreciation: Five Years: 18.6%; One Year: 9.4% Sold Last Month: 11

Basalt Available Listings: 71 Average Days on Market: 52 Average Sale Price: $1,287,336 Average Price / Square Foot: $663 Sold Last Month: 7 Carbondale Available Listings: 55 Average Days on Market: 103 Average Sale Price: $4,158,409 Average Price / Square Foot: $632 Sold Last Month: 11

Our Top Picks For Sale

215 W Hallam Street, Aspen $12,499,000 4 BEDROOMS 5.5 BATHROOMS 3,490 SQ FT. 215 West Hallam is a stunning historic home, beautifully renovated in 1992, situated in the heart of Aspen's most desirable West End. Nestled between 1st and 2nd Street, this property combines quiet serenity with convenience. The home features an open floor plan with high ceilings and generously sized bedrooms, which bathe in natural light thanks to its southern exposure. Several private outdoor gathering spaces , including a large south-facing patio with a hot tub, a grilling patio off the kitchen, and a master suite deck perfect for soaking in the stunning mountain vistas. Located within walking distance to town, the Music Tent, and the Aspen Institute, this home also offers exceptional accessibility. The crosstown skier shuttle stops just steps from the front door, providing easy access to Aspen Mountain, while shuttles to Snowmass, Highlands, and Buttermilk are conveniently located less than two blocks away. This quintessential Aspen home is ideal for both summer and winter retreats! Request A Private Showing

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177 Stellar Lane, Snowmass Village $6,950,000 3 BEDROOMS 4 BATHROOMS 4,217 SQ FT. Situated on a generous .73-acre plot, this cool contemporary home defines mountain living. The large, flat, sodded backyard field surrounded by mature aspen groves creates a rare outdoor haven in Snowmass Village. Embark on adventures with direct walk-out access to the Tom Blake single-track trail steps away—a portal to exploration right from your backyard. The open space beneath the house not only provides a haven for local wildlife but also guarantees a tranquil environment. Ski enthusiasts will appreciate the convenience of walk-out/ski-in access, with Elk Camp and Two Creeks accessible via Powerline and Eddy Out trails. Delight in the exclusive 1-mile walking loop, a rare gem unique to Snowmass, and unwind in the property's sauna and hot tub facilities. Step inside a modern retreat with a 2019 contemporary interior remodel showcasing a mountain minimalist design aesthetic. The property comfortably accommodates 12 and is sold fully furnished, making it an ideal escape or a solid rental property. Under the expert care of DL Property Management, this residence features 3 bedrooms + loft or office, 4 bathrooms, and 4,217 livable, heated sq. ft., including a family room, sitting area, laundry room, mud room, and 2-car garage. Skylights and expansive windows infuse the interiors with natural light, creating a warm and inviting atmosphere. The great room, anchored by a custom rock wood-burning fireplace, boasts wide plank white oak flooring, reclaimed barn wood accents, and glass railings, embodying a modern mountain aesthetic. Full architectural plans available for a rebuild designed by David Johnston Architects offer exciting customization possibilities. Discover the perfect synergy of accessibility, recreational opportunities, and a sleek contemporary mountain home, surrounded by natural beauty and mountain views at 177 Stellar Lane. Request A Private Showing

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The Aspen/Snowmass market is constantly changing. To discuss the details of the market or a specific property, call or email us today!