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All Blog Entries by Engel & Völkers Aspen • Snowmass • Roaring Fork

Found 62 blog entries published by Engel & Völkers Aspen • Snowmass • Roaring Fork.

A slew of delectable hole-in-the-wall restaurants you don’t want to miss.

The idea that you can’t always judge a book by its cover is especially true of those small, out of the way restaurants where pretention takes a back seat to flavor and the kind of fun, relaxed, small-town atmosphere the Roaring Fork Valley is known for. These are places where a reservation and a nice outfit are not required, but a passion for food and a sense of community are what’s on the menu. When you’re looking for big flavors in small places, be sure to check out these little gems.

 

The Biscuit

If you find yourself needing a little comfort food on a cold morning, check out The Biscuit, Matt Campbell and Drew Scott’s answer to the ultimate breakfast place. “Ten

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From New York and Hollywood to … Aspen?

Meet Aspen Film’s new Executive Director, Susan Wrubel


When people talk about Aspen having top-caliber talent when it comes to the arts, look no farther than Aspen Film. It’s new Executive Director, Susan Wrubel, has worked in almost every facet of the global, independent film industry. A seasoned executive and film producer, she successfully navigated a multitude of arenas in the film world from film acquisitions, sales, and development, to production, marketing, and distribution. Susan joined Aspen Film in September 2017 as its Executive Director.


With the 39th Aspen Filmfest right around the corner (Save the date: September 25-30), we caught up with Susan to talk Hollywood, film, and small-town life.

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  While the Lake Christine Wildfire has been devastating for us all, we are incredibly grateful for the firefighters who put their lives on the line to protect our resilient community (more below). Meanwhile, I am pleased to present more encouraging news - midvalley real estate is healthy, and the year-to-date statistics are positive. The first half of 2018 marks the strongest period since 2008 for both Basalt and Carbondale in terms of average sale prices and sales volume.

In Basalt, unit sales increased 23% and dollar volume jumped 72% compared to the first six months of 2017. The average price per square foot rose 56% for homes and 22% for condos. Single-family dollar sales doubled.  Days on market dropped about 20% to 7 months, and sale to…
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mid year aspen real estate report 2018 

Your Aspen-Snowmass 2018 Midyear Real Estate Market Review 

Summer is officially here and the town is bustling.  The flowers are in full bloom, the landscape is lush green, the days are long, and the real estate market is strong.  It truly doesn’t get better than this.  Summers in the Valley are a cherished season, and there’s no other place I’d rather spend this time of year.

The luxury market is particularly robust.  During the first half of 2018, luxury activity reached an all-time high with 23 sales over $7 million compared to an average of 17 over the past 5 years.  The previous high was set in 2017 with 21 sales.  The overwhelming majority of these are newer, contemporary homes near downtown Aspen.

Sales in Aspen decreased during the first

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With its burgeoning restaurant, shopping and arts scene, Basalt breathes new life into the mid-valley.

For those brave enough to venture the roundabout, Basalt has finally come out from Aspen’s more glamorous shadow and into its own. If anything, Basalt’s lack of proximity to the ski areas has become part of its appeal. At least for now, it remains a quaint mountain town (Free Parking! No crowds! Abundant wildlife!), with not one, but two rivers that literally run through it. The confluence of the Roaring Fork and Frying Pan, both designated as gold medal waters, are world renowned for fly fishing Colorado’s famed trout. Surrounded by a vast expanse of undeveloped wilderness, with the Frying Pan Valley on one side of town and the mighty Mount

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Downtown Aspen’s crown jewel and its oldest hotel gets a major facelift.

The Hotel Jerome has always been at the heart of downtown Aspen, both figuratively and literally. It was built in 1889 by Jerome B. Wheeler who wanted a hotel in Aspen that rivaled European luxury and amenities. Since then, the hotel has gone through many renovations, additions, and modifications, but it remains Aspen’s crown jewel. This summer, the Hotel Jerome debuts its most recent iteration: a major addition featuring six residential   luxury suites, a new pool and courtyard, and the acquisition and restoration of the historic Aspen Times building.

When architects Rowland + Broughton and interior designer Todd Avery Lenahan, CEO and Principal of TAL Studio were brought

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It’s springtime in the Rocky Mountains. The grass is green, and people are already out riding bikes and admiring the stunning views of snow-capped peaks. As everyone in the Roaring Fork Valley winds down from the winter season and takes some time for a much-needed off-season vacation, we are beginning to prepare for summer fun in the mountains and listing more exceptional properties. 

As snowfalls graced the ski areas this season, the real estate market managed to maintain 2017’s robust activity in the first quarter of 2018.
 
BASALT
Activity increased in Basalt in the first quarter of 2018 with 20 transactions versus only 12 in 1Q of 2017. The average price for a single-family home increased 23% to $1,352,500 while the condo/townhome average is down 9%

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Its springtime in the Rocky Mountains, the grass is green, and people are already out riding bikes and admiring the stunning views of snow-capped peaks. As everyone in the Aspen-Snowmass area winds down from the winter season and takes some time for a much-needed off-season vacation, we are beginning to prepare for summer fun in the mountains and listing more exceptional properties. 
 
As snowfalls graced the ski areas this season, the real estate market managed to maintain 2017’s robust activity in the first quarter of 2018.
 
Activity in Aspen was healthy in the first quarter with 45 transactions, just shy of the 49 sales of 1Q 2017.  The median ($5,450,000) and average ($7,093,114) sales prices for single-family homes were much higher compared to

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The midvalley real estate market had a normal, healthy year overall.  Compared to 2016, Basalt and Carbondale sales combined rose about 2%, the average price increased a modest 1%, the average price per square foot escalated roughly 3%, and sale to list price ratios showed little change.  Supply of available properties, however, decreased.  Number of listings and months supply are now down to about 20% from a year ago.

In Basalt, sales decreased just slightly, but the average price per square foot rose for both condos/townhomes (up 3%) and single-family homes (up 11%).  The average sale price was about $540,000 for a condo and $945,000 for a single-family home.  Days on market averaged about 6 months.  Properties under $600,000 accounted for over half the

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The 2017 Aspen Snowmass market was momentous and even surpassed the expectations of many optimists.  Sales soared compared to the slow year before and even rivaled the records set in 2015.  In fact, unit sales were right on par with 2015 and dollar volume surpassed the 2015 highs, making for an excellent year in both Aspen and Snowmass. Inventory of properties diminished over the year, with the number of listings down about 20% and supply is now roughly 35% lower than a year ago.  We are experiencing a seller’s market evidenced by strong demand paired with shrinking inventory: the perfect recipe for rising prices. 
 
In many submarkets, that is exactly what has happened.  In Aspen, single-family home prices are up approximately 20% and condos around 10%. 

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