ASPEN MARKET INSIGHTS
Based on Sales Volume, 2019–2025
$5+ BILLION Total Closed Sales to Date
$564+ MILLION 2025 Closed Sales
60+ YEARS Experience in Aspen Real Estate
$28.2 MILLION 2025 Average Sale Price
$108 MILLION
Highest Residential Sale Price in Aspen to Date, 419 Willoughby Way Closed Off-Market in April 2024
Saslove & Warwick was founded by Joshua Saslove and Riley Warwick.
The Saslove & Warwick Team approaches Aspen’s real estate landscape with an auspicious blend of experience, deep community ties, and forward-thinking. The team possesses a plethora of knowledge regarding real estate in all areas of the Roaring Fork Valley, while also specializing in Red Mountain, Central Core, West Aspen, and East Aspen, specifically.
Together, the team has over 60 years of experience and $5+ Billion in Closed Sales.
From left to right; Emery Holton, Joshua Saslove, Riley Warwick, Kendall Dalton and Hannah Surnow
Q1 MARKET INSIGHTS
The Aspen market is not moving uniformly, it is refining. Strength remains, but it is increasingly concentrated in the most compelling opportunities.
A measured start to 2026 gave way to a decisive shift in momentum. Year-to-date, Aspen has recorded $700.9M in closed and pending sales, with $311.0M of that activity concentrated in March alone. Notably, a significant portion of March activity was driven by contracts rather than closings, positioning the market with meaningful forward momentum as we enter Q2. The results of Q1 reaffirm Aspen’s enduring demand.
1. $42,000,000 1650 McLain Flats Road, Aspen 10 Bed 13 Bath | 26,702 sf 2. $31,000,000 10 Ute Place, Aspen 5 Bed 7 Bath | 7,284 sf
$700,893,749
Total Volume of Closed and Pending Sales YTD $310,972,500 Total Volume of Closed and Pending Sales in March 2026
44% OF Q1 VOLUME Traded in the Month of March
3. $25,000,000 761 Moore Drive, Aspen 6 Bed 8 Bath | 9,810 sf 4. $20,500,000 1271 Ute Avenue, Aspen 4 Bed 5 Bath | 4,347 sf 5. $18,600,000 1301 Shield O Road, Old Snowmass 6 Bed 6 Bath | 6,570 sf TOP FIVE CLOSED SALES FOR Q1 2026
AVERAGE PRICE PER SQUARE FOOT
Q1 2025 vs Q1 2026
AVG PPSF SINGLE FAMILY HOME
Sold Price per sf
Q1 2025 - $2,952
Q1 2026 - $2,483
AVG PPSF CONDO
Sold Price per sf
Q1 2025 - $2,760
Q1 2026 - $2,927
AVG PPSF TOWNHOUSE
Sold Price per sf
Q1 2025 - $3,179
Q1 2026 - $2,368
Year-over-year, Aspen’s price per square foot reflects a market recalibrating rather than retreating. While single-family homes and townhomes have adjusted, condo values continue to strengthen, underscoring sustained demand for well-located turnkey inventory.
$108,000,000 | Record-Breaking Sale Represented Buyer and Seller
$24,500,000 |
$20,518,000 Represented Buyer
615 East Hopkins Ave
$40,000,000 | Off Market Represented Seller 77
$17,500,000 Represented Seller
$10,625,000 Represented Buyer
Overlook Drive
Q1 2026 Market Insights
ASPEN
$403.68MM+ $388.99MM+ $545.29MM+ $285.66MM+
“There has been $700.9M in closed and pending sales through Q1, and of that amount, nearly half *$311M was put under contract in March alone. It was a calmer start to the year, but when the market moved, it moved quickly, which speaks to the depth of demand still very much in place.”
RILEY WARWICK S&W BROKER ASSOCIATE
TOTAL Q1 TRANSACTION QUANTITIES
PRICE POINT YEAR OVER YEAR
ASPEN
TYPE YEAR OVER YEAR
ASPEN MIXED-USE ASSET
426 E Hyman Avenue, Aspen | $26,500,000
Prime Pedestrian Mall Location | Approx. 9,000 sf
Retail + Commercial + 4 BR Penthouse | 4 Levels
READY TO BUILD IN WEST ASPEN
TBD Pfister Drive, Aspen | $4,950,000 Land | Approx. 0.59 Acres
*Approx. Property Outline
Q1
2026 Market Insights
SNOWMASS VILLAGE
ULTIMATE SKI-IN/SKI-OUT
189 Aspen Way, Snowmass Village | $17,500,000
4 BR, 4 BA, 2 HALF BA | Approx. 5,660 sf | Approx. 1 Acre
SNOWMASS VILLAGE
$94.67MM+ $140.33MM+ $184.60MM+ $134.22MM+
“Snowmass Village continues to provide value opportunity to buyers relative to Aspen. Snowmass Village saw an average price/sf of $2,241 in Q1, compared to Aspen’s $3,299/sf - a significant 32% price/sf discount.”
HANNAH SURNOW S&W BROKER ASSOCIATE
SNOWMASS VILLAGE
SNOWMASS VILLAGE
TOTAL Q1 SALES VOLUME
BY TYPE YEAR OVER YEAR
Q1
2026 Market Insights
OLD SNOWMASS
THE PASTORAL RESIDENCE AT LAZY O RANCH
TBD Lazy O Road, Snowmass | $4,990,000
Approx. 4 Acres in 1,500+ Acre Ranch Community | Designed by Studio B and Lift Studio
*Featured Image is a Digital Rendering
“IT’S SORT OF LIKE ART, WHEN AN ARTIST DIES, THERE’S NOW A FINITE AMOUNT OF THEIR WORK LEFT, AND HOW MUCH DOES IT MEAN TO YOU TO OWN A PIECE OF IT?”
EMERY HOLTON
A Robert A.M Stern-Designed Home on Aspen’s Red Mountain Asks $70 Million By Katherine
Clarke
AS SEEN IN THE WALL STREET JOURNAL
OLD SNOWMASS
2026 $36.52MM+ $9.7MM+ $10.59MM+ $22.75MM+
OLD SNOWMASS
TOTAL Q1 TRANSACTION QUANTITIES BY PRICE POINT YEAR OVER YEAR
“Old Snowmass saw a slight decrease in Q1 sales year over year, but a significant record was set in the Shield O subdivision. A 107 acre equestrian ranch sold for $18.6M, signaling buyers continued interest in comprehensive, turnkey compounds within striking distance of everything our valley has to offer.”
OLD SNOWMASS
TYPE YEAR OVER YEAR
OPPORTUNITY
We feel so fortunate to do what we love in our favorite place on earth, Aspen. It’s about more than homes to us— the Roaring Fork Valley offers an unparalleled lifestyle that we deeply cherish sharing with others every day. This genuine passion, along with our unwavering dedication to our clients and extensive market knowledge, have been the foundation of our success for over 60 years.
Please contact us to learn more.