Hello Friends!!!

This is IT, ski friends!! March generally gives us the most snow, sun and long ski days!! Aspen shows off après ski, music, etc. We have it all!! (Free outdoor concerts, Veuve Clicquot on the mountain, beach club, après Snowlodge!!!) 

This weekend celebrated a long international ski tradition bringing the world class races back to Aspen. This race first came to Aspen in 1937! CLICK HERE to read about the history of Aspen ski racing.

People call us a lot of things, but Aspen built its reputation as a ski town, then very luckily, got the Paepke family about the same time bringing us mind, body, and spirit with music and intellect. No wonder our prices in everything are so high- if you haven’t noticed, Aspen is worth it.

Swiss sensation Odermatt wins FIS World Cup, in another great day for Switzerland

Marco Odermatt again showed why he is the best giant slalom skier of his generation, when the young Swiss star won his 12th consecutive GS on a sunny and windy Saturday at the Stifel Aspen Winternational. CLICK HERE

REAL ESTATE UPDATE

Yes, our stats continue to boggle the mind.  Of course, the latest “rumor” is true.  Steve Wynn bought the unlisted mega home on Willoughby Way for $110,000,000, from the former hockey player turned garbage company gazillionaire.

• Aspen Single-Family: Similar to modestly increased number of house sales and dollar volume. Another strong year for sales over $10M, and over $20M. Most neighborhoods

should see stable or modestly improving $/SF and values.

• High-end Aspen-Snowmass single family market: performance will be similar to or exceeding 2023, with 70- 90 sales over $5M, including 50-60 over $10M, 15-20 sales

over $20M and 5-10 sales over $30M. Not surprising to see our first $100M house sale. Off-market listings will continue to drive the $20M+ market.

• Aspen Lots: More sales, similar to modestly higher dollar volume, stable to modestly increasing prices in most neighborhoods.

• Aspen Condominiums/Townhouses: Fewer sales and lower dollar volume compared to 2023, but stable to modest increases in the average price and $/SF.

• Aspen-Snowmass (Pitkin County) – Downward trend will correct. My forecast is for 700 to 900 transactions and $3B to $3.3B in dollar volume.

Presented by Randy Gold, MAI, SRA Aspen Appraisal Group, LLC

5 REASONS TO SKI ASPEN IN MARCH

With longer, sunnier days, powder storms, goggle tans, and some of the best après weather the season- it’s no secret that March is one of the best months to ski in Aspen. Not convinced? Here are five of our favorite reasons why we are all about skiing in Aspen in March. CLICK HERE

Local restaurateur, partner chef set to take over Local Coffee, Alpina, and Here House space for new concept

One of the worst-kept secrets in town has officially been confirmed: Long-time local restaurateur Raphael Derly and partner chef Cédric Vongerichten have bought out the lease of former Local Coffee, Alpina, and Here House, at 614 E. Cooper Ave., from Candice Carpenter Olson and Michaela Carpenter and will take over the space on Monday, Feb. 26. CLICK HERE