Aspen Real Estate Market Update – July 2025

Aspen Real Estate Market Update – July 2025

Insights from Your Local Aspen Snowmass Realtor

The Aspen and Snowmass real estate market continues to showcase its unique blend of high-end demand, limited supply, and striking price movements. As your trusted Aspen Snowmass Realtor, here’s my breakdown of what the latest July 2025 numbers mean for buyers, sellers, and investors.

Single-Family Homes

• New Listings: Down 26.1% compared to July 2024, signaling tighter inventory in Aspen’s luxury home market.

• Sold Listings: Down 50% for the month, with only 3 single-family home sales in July 2025 vs. 6 last year.

• Median Sales Price: Jumped from $7.37M to $11.8M, a 60.1% increase year-over-year for the month.

• Average Sales Price: Down slightly by 9.7%, but still averaging over $10.3M.

• Days on Market: Homes are selling faster, averaging 210 days vs. 249 days last year.

• Inventory: Up 11.7%, with 124 homes for sale and a 19.1-month supply.

Realtor Insight: If you’re considering selling your Aspen or Snowmass single-family home, now is a prime time. As an Aspen Snowmass Realtor, I’m seeing qualified buyers ready to act on premium properties.

Townhomes & Condos

• New Listings: Increased by 16.7% in July, giving buyers more options—especially in Snowmass Village, where lock-and-leave convenience is highly sought after.

• Sold Listings: Doubled compared to last July (8 vs. 4), showing robust demand.

• Median Sales Price: Up 75% year-over-year for July, reaching $2.78M.

• Average Sales Price: Up 44.3%, now at $3.19M.

• Days on Market: Down to 140 days from 166 days last year.

• Inventory: Down 16.2%, leaving just a 9.5-month supply.

Realtor Insight: Condos and townhomes in Aspen and Snowmass are moving quickly. If you’re a buyer, work with an Aspen Snowmass Realtor who can help you act fast and negotiate strategically.

Year-to-Date Snapshot

• Single-Family Median Sales Price: Up 10%, now $13.2M.

• Townhome/Condo Median Sales Price: Up 6.7%, now $3.2M.

• Overall Days on Market: Down 26.3% for single-family homes, slightly up for condos year-to-date.

What This Means for Buyers & Sellers

• Sellers: If you own a high-quality property in Aspen or Snowmass, this market is in your favor—median prices are strong, and well-presented homes are selling.

• Buyers: Inventory in some segments is shrinking, and prices are trending upward. Acting sooner could save you money.

• Investors: Both Aspen and Snowmass remain high-demand markets with appreciating values, making this an attractive time to enter or expand.

Bottom Line: Aspen and Snowmass real estate in July 2025 is defined by higher median prices, strong demand in condos, and selective but high-value single-family sales. Whether buying, selling, or investing, partnering with an experienced Aspen Snowmass Realtor ensures you have the insight and negotiation skills to succeed.