As we move deeper into the fall and approach the end of 2025, the Roaring Fork Valley real estate market continues to show a mix of shifting inventory levels, price recalibrations, and pockets of intense demand—depending on property type and location. Below is a full breakdown of how Aspen, Basalt, and Snowmass Village performed through October 2025, with year-over-year comparisons that help illuminate broader market trends.

ASPEN MARKET UPDATE

Single-Family Homes

Aspen’s single-family home market shows a steady increase in activity, even as prices adjust from last year’s highs.

• New Listings: Up 14.3% for October (7 → 8) and up 23.4% year-to-date.

• Closed Sales: Flat for the month (7 → 7), but up 12.9% YTD.

• Median Sales Price: Down 17.9% for October, though up 5.8% YTD.

• Average Sales Price: Down 8.5% for October and down 9.9% YTD.

• Percent of List Price Received: Down to 89.3% for October, indicating more negotiation power for buyers.

• Days on Market: Jumped 20.9% to 289 days for the month.

• Inventory: Up 8.4% with 90 active listings.

• Months Supply: Slightly lower at 13.7 months.

Takeaway:
Aspen’s single-family segment is balancing out with more inventory and longer days on market. Buyers are gaining leverage, and sellers need to price strategically in today’s more selective environment.

Condos & Townhomes

Condo activity is showing more volatility month over month due to smaller sample sizes, but overall stability year-to-date.

• New Listings: Doubled for October (6 → 12), but flat YTD.

• Closed Sales: Up 80% for the month, yet down 3.4% YTD.

• Median Sales Price: Down 45.3% for the month (small sample), but nearly flat YTD.

• Average Sales Price: Down 17.2% for October; up 2.6% YTD.

• Percent of List Price Received: Up to 94.8% for October.

• Days on Market: Down 22.5% for October, but slightly higher YTD.

• Inventory: Down 7.2% to 64 active units.

• Months Supply: Down to 7.1 months.

Takeaway:
Inventory tightening and stronger list-to-sale price performance suggest buyers remain active, especially for well-located, turnkey units. Pricing remains sensitive but not distressed.

BASALT MARKET UPDATE

Single-Family Homes

Basalt shows a more constrained single-family market with fewer new listings and extended market times.

• New Listings: Down 50% for October (6 → 3) and down 1.9% YTD.

• Closed Sales: Flat for the month; down 14.3% YTD.

• Median Sales Price: Essentially flat for October; down 12.1% YTD.

• Average Sales Price: Up 5.1% for the month but down 12.7% YTD.

• Percent of List Price Received: Down sharply for October to 88%.

• Days on Market: Spiked 202.9% for October (69 → 209).

• Inventory: Down 14.8% to 23 homes.

• Months Supply: Down to 8.2 months.

Takeaway:
Basalt’s single-family home market is slower and thinner. With limited inventory and longer days on market, motivated sellers should consider strategic pricing, while buyers may find room for negotiation.

Condos & Townhomes

In contrast to the single-family market, Basalt’s condo and townhome segment is experiencing vigorous activity.

• New Listings: Down 33.3% for October, but up 19.2% YTD.

• Closed Sales: Up 50% for the month and up a remarkable 65.6% YTD.

• Median Sales Price: Up 65.7% in October and up 32.2% YTD.

• Average Sales Price: Up 50.2% for the month; up 29.7% YTD.

• Percent of List Price Received: Up to 98.5% for October.

• Days on Market: Up 30.7% for the month and up 59.5% YTD.

• Inventory: Up slightly to 40 units.

• Months Supply: Down significantly to 7.9 months.

Takeaway:
Demand for Basalt condos and townhomes remains extremely strong. Prices are rising quickly, and sellers are capturing near-full list price. This is one of the brightest segments in the valley.

SNOWMASS VILLAGE MARKET UPDATE

Single-Family Homes

Snowmass saw major month-to-month price swings driven by very limited sample size but a healthy YTD trend.

• New Listings: Up 100% for the month (1 → 2).

• Closed Sales: Down 75% for the month; up 20% YTD.

• Median Sales Price: Down 49.2% for October, but up 12.8% YTD.

• Average Sales Price: Down 50.9% for the month; up 7.7% YTD.

• Percent of List Price Received: Down to 90.1% for October.

• Days on Market: Down 60.2% to just 64 days.

• Inventory: Up 7.7% to 14 homes.

• Months Supply: Flat at 4.9 months.

Takeaway:
Year-to-date price appreciation and reduced days on market indicate solid buyer demand for Snowmass single-family homes, even as individual months fluctuate widely.

Condos & Townhomes

Snowmass Village condos show the sharpest year-to-date declines in sales and pricing valley-wide.

• New Listings: Flat for the month; up 8% YTD.

• Closed Sales: Down 88% for the month and down 46.4% YTD.

• Median Sales Price: Down 34.9% for the month; down 16% YTD.

• Average Sales Price: Down 43.4% for October; down 17.8% YTD.

• Percent of List Price Received: Essentially flat.

• Days on Market: Down 82.7% for October and down 54.9% YTD.

• Inventory: Up significantly to 74 units.

• Months Supply: Jumped 123.5% to 7.6 months.

Takeaway:
Snowmass condo inventory is building while buyer demand cools, creating a more pronounced shift toward a buyer’s market. Competitive pricing and strong presentation will be key for sellers.

Final Thoughts

Across the valley, the market continues to normalize from the ultra-heated pace of prior years. Inventory is rising in some segments, days on market are increasing, and buyers are gaining negotiating power—especially in higher-priced or more saturated categories. At the same time, demand remains strong for well-priced, well-located homes and particularly for Basalt’s condo/townhome market and Snowmass single-family homes.