Snowmass Village Real Estate Market Update – June 2025

Snowmass Village Real Estate Market Update – June 2025

How Snowmass Compares to Aspen & What Buyers Should Know Now

If you’ve been watching the real estate market in Snowmass Village or Aspen, you’ve likely noticed some interesting trends emerging in mid-2025. While inventory remains tight and sales activity is shifting, both markets are showing signs of long-term opportunity—especially for strategic buyers in Snowmass.

Here’s what the latest numbers tell us:

📍 Snowmass Village Real Estate: By the Numbers

Single-Family Homes

• 📉 June Median Price Drop: From $11.5M in June 2024 to $3.75M in June 2025 (a 67.4% decline).
  Note: This is likely due to fewer ultra-luxury closings in June, not a collapse in value.

• 📈 YTD Median Price: Up 2.4% year-over-year to $7.35M

• 🏠 Days on Market: Down 26% year-over-year to 116 days

• 📉 Inventory: Down 25% year-over-year to just 12 active listings

Condos & Townhomes

• 📉 Median Sales Price (June): Dropped 88% year-over-year, from $2.1M to just $255K—another sign of an anomaly, not a market crash

• 📈 YTD Average Sales Price: Up 8.6% to just over $2.9M

• 📈 Inventory: Nearly doubled, up 93.9% year-over-year

• 🕒 Days on Market: Flat year-over-year at around 105 days

Takeaway: Snowmass Village remains a strong luxury second-home market. While headline prices appear volatile, this is due to a very low number of closings each month. Year-to-date trends show gradual appreciation and increased inventory—creating fresh opportunity for buyers looking to make a move before ski season.

🏔️ How Does Aspen Compare?

Aspen’s market remains robust, but not without its own shifts:

Single-Family Homes

• 📈 YTD Median Price: Up 8.2% to $13.25M

• 📉 Average Sales Price: Down 23.1% to $15.7M

• 🛑 Days on Market: Improved by 27.8%, now averaging 153 days

• 🏡 Inventory: Up 23.7% year-over-year

Condos & Townhomes

• 📉 YTD Sales Volume: Down 18.6% in unit sales

• 📈 YTD Average Price: Up 38% to $5.64M

• 🕒 Days on Market: Increased 18.7%, suggesting longer decision cycles

Takeaway: Aspen’s luxury market continues to draw interest, but sellers may need to be more patient. A notable shift is the drop in average price for homes sold, suggesting that while demand is steady, buyers are being more price-conscious.

🧭 Which Market Offers Better Value Right Now?

If you're comparing Aspen and Snowmass Village as a buyer or investor, here’s how they stack up:

Conclusion: For buyers seeking access to world-class skiing, modern architecture, and a slightly less crowded scene than Aspen, Snowmass Village real estate currently offers greater value per square foot—especially in the condo market. With inventory rising and prices holding steady, now is a smart time to explore what’s available before winter demand heats up.

🔑 Final Thought

Snowmass Village is quietly becoming one of the most compelling luxury markets in the Roaring Fork Valley. If you're considering a purchase, whether it’s for a vacation home, investment, or primary residence, Snowmass offers a unique blend of mountain charm and long-term upside—all with the prestige and proximity of Aspen next door.

📩 Curious about available listings or want a custom market analysis? Give me a call/text at 970-300-8551 or email me at [email protected]. I’m a local real estate expert based in Snowmass Village and would love the opportunity to help you find a place in the Rockies.