Snowmass Village Market Update – May 2025

Snowmass Village Market Update – May 2025

🔹 Single-Family Homes

• Although sales volume was low, prices surged. A single ultra-luxury sale pushed the median and average sale price to $11.55M, a 78% increase compared to last May.

• Days on market dropped sharply, down 63% year-over-year to just 85 days — indicating strong buyer motivation.

• Inventory remains tight, with only 7 active listings in May (down 42%), keeping upward pressure on pricing.

🔹 Condos & Townhomes

• Condo sales held steady with 10 closings in May (up 11%).

• Prices saw a dramatic jump — the median price more than doubled to $2.89M.

• Inventory rose significantly to 75 units (up over 100%), giving buyers more choices, even as demand continues to support higher values.

📄 Click here to view the full Snowmass Village Report (PDF)

🎿 Ski-In/Ski-Out Condo Spotlight

Ski-in/ski-out condos continue to draw strong interest from second-home buyers and investors alike. These properties offer unmatched convenience and high rental potential, making them a key driver of condo pricing.

• Turnkey ski-in/ski-out units are moving quickly and often receive competitive offers.

• With more inventory on the market, buyers now have more options — but premium location and access still command top dollar.

• As we head into summer, it’s an ideal time to secure a property ahead of next ski season.

📊 What This Means

• For sellers: Low single-family inventory and rising condo demand — especially in ski-accessible buildings — create strong listing opportunities.

• For buyers: Increased condo inventory may offer more flexibility, but ski-in/ski-out units remain highly competitive. Early positioning can make all the difference.

📄 Want to compare Aspen’s performance? View the Aspen Report (PDF)

Looking for guidance on your next move? As a Snowmass Village real estate agent with local expertise and ski property insight, I’d be happy to help you navigate the market with confidence.