Q2 2025 Market Report | ASSIR Roaring Fork Valley

AspenSnowmassSIR.com Elevated Insights 2025 SECOND Quarter, JANUARY - JUNE Market Trends ROARING FORK VALLEY TABLE OF CONTENTS 4 | President’s Message 5 | Our Communities 6 | Local Market Dominance 7 | The Luxury Market RESIDENTIAL MARKET TRENDS OF THE ROARING FORK VALLEY 8 & 9 | Aspen 10 & 11 | Snowmass Village 12 & 13 | Fractionals 14 & 15 | Woody Creek & Old Snowmass 16 & 17 | Basalt 18 & 19 | Carbondale 20 & 21 | Glenwood Springs 22 | New Castle 23 | Silt 24 | Rifle THE LAND REPORT 26 - 28 | Residential Land Report Our Communities I’m pleased to have this opportunity to welcome you to reading the Aspen Snowmass Sotheby’s International Realty 2025 Q2 market report. It’s hard to believe that exactly five years ago Aspen Snowmass was on the cusp of what has evolved into a generational “reset” that has dramatically changed the local real estate landscape. I don’t think anyone could have forecasted just how quickly, and how dramatically the real estate market would recover from the uncertainty that had prevailed during the COVID “lockdown” months during the spring of 2020. Over the past handful of years, prices have more than doubled in many locations (and they continue to rise in several neighborhoods), the once rare-air of the $20 million-plus sale is now the heartbeat of upper-Valley market, and the typically predictable real estate sales “seasons” are no longer what they had been for decades. Regardless of how much time you spend in the Aspen Snowmass area I’m sure we can all agree this is a special place to have the privilege to consider “home”. Inside you will find up to date market information for the various communities spanning the Roaring Fork Valley (and beyond). I hope you discover some information in this report that enhances your lens into the current local real estate trends. Whether it’s buying, selling or renting, Aspen Snowmass Sotheby’s International Realty has you covered, we have proudly been the #1 real estate firm in the Roaring Fork Valley for over 20 years. Read on! Stop by one of our offices throughout the Roaring Fork Valley today. Silt Aspen New Castle IN THE ROARING FORK VALLEY AND BEYOND Glenwood Springs Rifle Old Snowmass Parachute Woody Creek Basalt Basalt 201 Midland Avenue 970.927.8080 780 E Valley Road 970.927.8080 Carbondale 333 River Valley Ranch Drive 970.963.0400 Glenwood Springs 150 West Meadows Drive 970.366.3511 Snowmass Village Today’s Real Estate in  the Roaring Fork Valley Andrew Ernemann, President Doing More is Our Distinction THE PROOF IS IN THE NUMBERS Aspen Flagship Office:  415 E Hyman Avenue 970.925.6060 730 E Durant Avenue 970.925.1100 300 S Spring Street 970.925.6060 Snowmass Village 50 Snowmass Village Mall 970.923.2006 110 Carriage Way, Unit 3102 970.923.2006 Redstone #1 local Real Estate Firm and vacation Rental agency 25+ Years as local Market Leader 172 Agents 25+ Support Staff 60+ Local Charities Supported N Carbondale Marble 9 Compass Colorado Coldwell Banker Mason Morse - Aspen 8 3 6 Douglas Elliman Real Estate- Durant Local Market Dominance We’ve been the local market leader for more than twenty years. 3 2 4 10 8 Aspen Snowmass Sotheby's International Realty All closings from January 1 through June 30, 2025. Information is deemed to be reliable, but is not guaranteed. Source: The Aspen Glenwood MLS Top 10 Companies Sides $ Volume Market Share Aspen Snowmass Sotheby's International Realty 277 $845,681,872 19.59% Coldwell Banker Mason Morse-Aspen 218 $579,070,321 13.42% Compass Colorado 121 $540,495,000 12.52% Douglas Elliman Real Estate-Durant 76 $408,468,045 9.46% Christie's International Real Estate Aspen Snowmass 57 $346,716,031 8.03% Engel & Volkers 95.5 $261,706,006 6.06% Slifer Smith & Frampton RFV 74 $204,118,737 4.73% Whitman Fine Properties 7.5 $99,240,000 2.30% Plus Real Estate 14 $60,366,612 1.40% AG Aspen 4 $57,945,000 1.34% All Others 1248 $912,476,758 21.15% 1 Christie's International Real Estate Aspen Compass Colorado 5 The Luxury Market 2 Closings Over $5 Million in Aspen & Snowmass Village Douglas Elliman Real Estate 7 6 5 Aspen Snowmass Sotheby's International Realty Coldwell Banker Mason Morse - Aspen Christie's International Real Estate Top 10 Companies Sides $ Volume Market Share Aspen Snowmass Sotheby's International Realty 42 $511,402,000 21.54% Coldwell Banker Mason Morse 19 $356,508,508 15.02% Compass Colorado 26 $352,200,000 14.83% Douglas Elliman Real Estate 19.5 $345,180,000 14.54% Christie's International Real Estate Aspen Snowmass (216506643) 19 $276,340,000 11.64% Engel & Volkers 10.5 $127,577,000 5.37% Whitman Fine Properties 3.5 $86,640,000 3.65% Slifer Smith & Frampton RFV 7 $69,970,000 2.95% Plus Real Estate 4 $43,561,612 1.83% AG Aspen 1 $39,500,000 1.66% All Others 14.5 $165,330,000 6.97% 9 7 4 1 All closings from January 1 through June 30, 2025. Information is deemed to be reliable, but is not guaranteed. Source: The Aspen Glenwood MLS 10 SINGLE FAMILY HOMES Aspen CONDOMINIUMS, TOWNHOMES & DUPLEXES Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $22,177,879 $16,925,339 -24% Average Sold Price per Sq. Ft. $3,427 $3,643 6% Average Days on Market 253 158 -38% % Sold Price to Original List Price 92% 94% 2% Lowest Sold Price $3,800,000 $3,000,000 -21% Highest Sold Price $108,000,000 $53,500,000 -50% Number of Properties Sold 33 43 30% Total Dollar Volume Sold $731,870,000 $727,789,559 -1% End of Quarter Active Inventory 93 116 25% Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $4,211,616 $5,721,723 36% Average Sold Price per Sq. Ft. $3,073 $3,342 9% Average Days on Market 153 179 17% % Sold Price to Original List Price 95% 94% -1% Lowest Sold Price $1,050,000 $825,000 -21% Highest Sold Price $14,000,000 $37,500,000 168% Number of Properties Sold 57 47 -18% Total Dollar Volume Sold $240,062,125 $268,921,000 12% End of Quarter Active Inventory 102 90 -12% Snowmass Village Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $2,673,295 $2,902,265 9% Average Sold Price per Sq. Ft. $1,845 $2,000 8% Average Days on Market 103 105 2% % Sold Price to Original List Price 95% 95% 0% Lowest Sold Price $200,000 $220,000 10% Highest Sold Price $9,500,000 $14,180,000 49% Number of Properties Sold 67 49 -27% Total Dollar Volume Sold $179,110,755 $142,211,000 -21% End of Quarter Active Inventory 113 99 -12% SINGLE FAMILY HOMES CONDOMINIUMS, TOWNHOMES & DUPLEXES SINGLE FAMILY HOMES Residential Market Trends, June to June 2025 Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $9,061,583 $8,819,722 -3% Average Sold Price per Sq. Ft. $1,857 $2,173 17% Average Days on Market 157 115 -27% % Sold Price to Original List Price 94% 96% 2% Lowest Sold Price $3,686,000 $3,500,000 -5% Highest Sold Price $24,500,000 $22,250,000 -9% Number of Properties Sold 18 18 0% Total Dollar Volume Sold $163,108,500 $158,755,000 -3% End of Quarter Active Inventory 18 16 -11% Fractional Market Trends, January to June 2025 Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $440,750 $459,269 4% Average Sold Price per Sq. Ft. $407 $229 -44% Average Days on Market 146 103 -29% % Sold Price to Original List Price 94% 92% -2% Lowest Sold Price $290,000 $180,000 -38% Highest Sold Price $609,000 $710,000 17% Number of Properties Sold 12 13 8% Total Dollar Volume Sold $5,289,000 $5,970,500 13% End of Month Active Inventory 15 18 20% Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $312,164 $355,456 14% Average Sold Price per Sq. Ft. $169 $189 11% Average Days on Market 281 224 -20% % Sold Price to Original List Price 89% 92% 3% Lowest Sold Price $20,000 $22,000 10% Highest Sold Price $2,350,000 $1,700,000 -28% Number of Properties Sold 58 54 -7% Total Dollar Volume Sold $18,105,500 $19,194,625 6% End of Month Active Inventory 137 135 -1% ASPEN FRACTIONALS Fractionals SNOWMASS VILLAGE FRACTIONALS Woody Creek & Old Snowmass WOODY CREEK - SINGLE FAMILY HOMES Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $14,350,000 $590,000 -96% Average Sold Price per Sq. Ft. $1,407 $658 -53% Average Days on Market 280 70 -75% % Sold Price to Original List Price 85% 98% 15% Lowest Sold Price $14,350,000 $590,000 -96% Highest Sold Price $14,350,000 $590,000 -96% Number of Properties Sold 1 1 0% Total Dollar Volume Sold $14,350,000 $590,000 -96% End of Quarter Active Inventory 12 23 92% Residential Market Trends, January to June 2025 OLD SNOWMASS - SINGLE FAMILY HOMES Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $2,455,250 $3,261,490 33% Average Sold Price per Sq. Ft. $883 $1,158 31% Average Days on Market 149 191 28% % Sold Price to Original List Price 85% 96% 13% Lowest Sold Price $2,385,500 $2,275,000 -5% Highest Sold Price $2,525,000 $4,970,431 97% Number of Properties Sold 2 7 250% Total Dollar Volume Sold $4,910,500 $22,830,431 365% End of Quarter Active Inventory 20 19 -5% SINGLE FAMILY HOMES Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $3,655,382 $1,925,403 -47% Average Sold Price per Sq. Ft. $1,288 $757 -41% Average Days on Market 128 154 20% % Sold Price to Original List Price 97% 96% -1% Lowest Sold Price $930,000 $695,000 -25% Highest Sold Price $15,000,000 $5,565,000 -63% Number of Properties Sold 17 16 -6% Total Dollar Volume Sold $62,141,500 $30,806,445 -50% End of Quarter Active Inventory 43 43 0% Basalt CONDOMINIUMS, TOWNHOMES & DUPLEXES Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $1,276,469 $1,980,709 55% Average Sold Price per Sq. Ft. $799 $1,071 34% Average Days on Market 146 258 77% % Sold Price to Original List Price 98% 97% -1% Lowest Sold Price $685,000 $675,000 -1% Highest Sold Price $2,200,000 $4,750,000 116% Number of Properties Sold 21 37 76% Total Dollar Volume Sold $26,805,859 $73,286,250 173% End of Quarter Active Inventory 51 107 110% Residential Market Trends, January to June 2025 Carbondale CONDOMINIUMS, TOWNHOMES & DUPLEXES Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $1,091,439 $1,027,389 -6% Average Sold Price per Sq. Ft. $658 $681 4% Average Days on Market 135 83 -39% % Sold Price to Original List Price 97% 97% 0% Lowest Sold Price $455,000 $400,000 -12% Highest Sold Price $2,339,000 $2,400,000 3% Number of Properties Sold 18 18 0% Total Dollar Volume Sold $19,645,900 $18,493,000 -6% End of Quarter Active Inventory 17 22 29% Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $2,401,706 $2,462,708 3% Average Sold Price per Sq. Ft. $718 $787 10% Average Days on Market 153 136 -11% % Sold Price to Original List Price 98% 96% -2% Lowest Sold Price $895,000 $800,000 -11% Highest Sold Price $4,750,000 $10,750,000 126% Number of Properties Sold 41 36 -12% Total Dollar Volume Sold $98,469,927 $88,657,500 -10% End of Quarter Active Inventory 45 65 44% SINGLE FAMILY HOMES SINGLE FAMILY HOMES Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $1,046,957 $1,319,535 26% Average Sold Price per Sq. Ft. $446 $494 11% Average Days on Market 108 101 -6% % Sold Price to Original List Price 98% 97% -1% Lowest Sold Price $360,000 $675,000 88% Highest Sold Price $2,195,000 $2,800,000 28% Number of Properties Sold 49 62 27% Total Dollar Volume Sold $51,300,901 $81,811,150 59% End of Quarter Active Inventory 50 64 28% Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $503,167 $559,642 11% Average Sold Price per Sq. Ft. $470 $458 -2% Average Days on Market 68 92 35% % Sold Price to Original List Price 99% 98% -1% Lowest Sold Price $225,000 $220,000 -2% Highest Sold Price $839,000 $840,000 0% Number of Properties Sold 35 24 -31% Total Dollar Volume Sold $17,610,840 $13,431,400 -24% End of Quarter Active Inventory 16 43 169% CONDOMINIUMS, TOWNHOMES & DUPLEXES Glenwood Springs Lower Colorado River Valley Glenwood Springs & New Castle Silt SINGLE FAMILY HOMES CONDOMINIUMS, TOWNHOMES & DUPLEXES Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $624,082 $708,502 14% Average Sold Price per Sq. Ft. $380 $346 -9% Average Days on Market 82 80 -2% % Sold Price to Original List Price 97% 98% 1% Lowest Sold Price $250,000 $355,000 42% Highest Sold Price $1,560,000 $1,450,000 -7% Number of Properties Sold 34 31 -9% Total Dollar Volume Sold $21,218,800 $21,963,550 4% End of Quarter Active Inventory 30 31 3% CONDOMINIUMS, TOWNHOMES & DUPLEXES Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $521,887 $466,206 -11% Average Sold Price per Sq. Ft. $343 $363 6% Average Days on Market 77 86 12% % Sold Price to Original List Price 99% 98% -1% Lowest Sold Price $260,000 $360,000 38% Highest Sold Price $819,000 $692,500 -15% Number of Properties Sold 24 17 -29% Total Dollar Volume Sold $12,525,289 $7,925,500 -37% End of Quarter Active Inventory 8 21 163% SINGLE FAMILY HOMES Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $713,674 $804,385 13% Average Sold Price per Sq. Ft. $360 $375 4% Average Days on Market 88 72 -18% % Sold Price to Original List Price 99% 98% -1% Lowest Sold Price $300,000 $340,000 13% Highest Sold Price $1,165,000 $1,499,000 29% Number of Properties Sold 31 39 26% Total Dollar Volume Sold $22,123,895 $31,371,000 42% End of Quarter Active Inventory 32 31 -3% Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $510,000 $430,375 -16% Average Sold Price per Sq. Ft. $255 $227 -11% Average Days on Market 67 52 -22% % Sold Price to Original List Price 99% 97% -2% Lowest Sold Price $510,000 $370,000 -27% Highest Sold Price $510,000 $509,000 0% Number of Properties Sold 1 4 300% Total Dollar Volume Sold $510,000 $1,721,500 238% End of Quarter Active Inventory 4 4 0% The Land Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $555,827 $572,870 3% Average Sold Price per Sq. Ft. $305 $295 -3% Average Days on Market 95 84 -12% % Sold Price to Original List Price 97% 98% 1% Lowest Sold Price $300,000 $185,000 -38% Highest Sold Price $2,500,000 $1,150,000 -54% Number of Properties Sold 52 44 -15% Total Dollar Volume Sold $28,902,995 $25,206,294 -13% End of Quarter Active Inventory 31 56 81% Report SINGLE FAMILY HOMES CONDOMINIUMS, TOWNHOMES & DUPLEXES Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $324,620 $350,450 8% Average Sold Price per Sq. Ft. $241 $266 10% Average Days on Market 64 43 -33% % Sold Price to Original List Price 98% 99% 1% Lowest Sold Price $235,000 $125,000 -47% Highest Sold Price $399,300 $525,000 31% Number of Properties Sold 15 20 33% Total Dollar Volume Sold $4,869,300 $7,008,995 44% End of Quarter Active Inventory 1 7 600% Rifle 3 $1,288,643 $3,202,857 Average Current List Price Average Current List Price Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price No Sales $900,000 100% Average Days on Market No Sales 266 Number of Properties Sold No Sales 1 Total Dollar Volume Sold No Sales $900,000 13 GLENWOOD SPRINGS BASALT 21 Average Current List Price Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $1,812,000 $561,700 -69% Average Days on Market 221 163 -26% Number of Properties Sold 10 17 70% Total Dollar Volume Sold $18,120,000 $9,548,900 -47% Region/Brokerage/Agent QX 202X Press Highlights End of Quarter Active Inventory Headlines 28 End of Quarter Active Inventory SNOWMASS VILLAGE Average Current List Price End of Quarter Active Inventory 31 CARBONDALE Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $12,624,167 $15,731,250 25% Average Days on Market 301 689 129% Number of Properties Sold 6 4 -33% Total Dollar Volume Sold $75,745,000 $62,925,000 -17% WOODY CREEK $2,399,000 $10,172,167 Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price No Sales $7,375,000 100% Average Days on Market No Sales 593 Number of Properties Sold No Sales 2 Total Dollar Volume Sold No Sales $14,750,000 $1,052,000 Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $506,667 $851,250 68% Average Days on Market 75 277 269% Number of Properties Sold 3 4 33% Total Dollar Volume Sold $1,520,000 $3,405,000 124% End of Quarter Active Inventory Average Current List Price End of Quarter Active Inventory $2,444,077 End of Quarter Active Inventory Average Current List Price Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price No Sales No Sales 0% Average Days on Market No Sales No Sales Number of Properties Sold No Sales No Sales Total Dollar Volume Sold No Sales No Sales $8,148,333 Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $336,182 $458,515 36% Average Days on Market 175 324 85% Number of Properties Sold 11 13 18% Total Dollar Volume Sold $3,698,000 $5,960,700 61% 7 14 End of Quarter Active Inventory Average Current List Price $838,087 OLD SNOWMASS 2 ASPEN End of Quarter Active Inventory Average Current List Price Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $407,250 $349,500 -14% Average Days on Market 207 185 -11% Number of Properties Sold 10 2 -80% Total Dollar Volume Sold $4,072,500 $699,000 -83% MISSOURI HEIGHTS Residential Land Residential Land Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $199,250 $376,778 89% Average Days on Market 92 133 45% Number of Properties Sold 6 9 50% Total Dollar Volume Sold $1,195,500 $3,391,000 184% Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $146,162 $177,583 21% Average Days on Market 287 155 -46% Number of Properties Sold 15 24 60% Total Dollar Volume Sold $2,192,425 $4,262,001 94% Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $63,167 $83,000 31% Average Days on Market 234 109 -53% Number of Properties Sold 3 9 200% Total Dollar Volume Sold $189,500 $747,000 294% SILT Year Over Year Q2 2024 Q2 2025 % Change Average Sold Price $180,577 $155,111 -14% Average Days on Market 156 121 -22% Number of Properties Sold 26 27 4% Total Dollar Volume Sold $4,695,000 $4,188,000 -11% PARACHUTE/BATTLEMENT MESA Residential Land RIFLE NEW CASTLE We’re proud to be the leading real estate firm and luxury vacation rental agency in the Roaring Fork Valley. Let’s make your dreams a reality. Get in touch today. AspenSnowmassSIR.com | 970.925.6060 There’s promises, and then there’s performance.