Snowmass Condo Market Update: What Buyers & Sellers Need to Know

Snowmass Condo Market Update: What Buyers & Sellers Need to Know

As of early August 2025, the Snowmass Village condo market continues to show a healthy mix of buyer activity and select inventory, especially in the luxury and new construction segments. Here's a breakdown of what’s happening right now in the market:

Market Snapshot

• Active Listings: There are currently 47 condos for sale in Snowmass Village, ranging in price from $1.08M to $18.95M.

• Average Days on Market (Active): Listings are averaging 162 days on the market — showing that buyers are becoming more discerning.

• Closed Sales (Past 180 Days): 50 condos have sold, with a median sales price of $2.95M.

• Average Days on Market (Closed): Sold listings averaged 104 days on the market.

• Expired & Withdrawn Listings: We're seeing more listings pulled from the market due to unrealistic pricing or seasonal shifts — a reminder that strategy matters.

Pricing Trends

• Sold Price per Square Foot: Condos are trading at a wide range, but the median is around $2,205 per square foot, depending on location, amenities, and finish level.

• Luxury Demand: Condos under $5M continue to attract attention from serious buyers, especially those in newer, well-located buildings.

• High-End Listings: Properties above $10M are sitting longer, and buyers in that tier are increasingly value-conscious.

Spotlight on New Construction

New developments like Stratos, Cirque Residences, and Aura are setting a new standard for resort living in Snowmass. As a Snowmass Village Realtor, I’ve seen firsthand how these buildings are outperforming older inventory — not just in demand, but also in appreciation. Buyers are looking for design, energy efficiency, and ski-in/ski-out convenience, and these projects deliver.

Key Takeaways from a Snowmass Village Real Estate Agent:

• Inventory is healthy, but only well-positioned listings are moving quickly.

• Average days on market is rising — especially for older or overpriced units.

• New construction continues to drive the market and set new pricing benchmarks.

• Luxury buyers are active, especially between $2M and $5M.

• Strategic pricing and local knowledge make all the difference in today’s market.

Whether you’re a buyer looking to enter the market or a seller trying to time it right, working with a knowledgeable Snowmass Village Realtor can help you get results. I’m here to provide straight answers, smart strategy, and a clear understanding of what’s happening in this evolving market.

Have questions or want a valuation of your property? Never hesitate to reach out. Text/Call 970-300-8551 or email at [email protected]