Aspen Updates from Sally Shiekman

I am regularly espousing the deep value of the Aspen, Snowmass, and the Roaring Fork Valley, and it is clear that I am not alone. 

It's time to dig out those skis and if you are ready to move closer to the lifts, give me a call. 

Aspen Real Estate: A Pinnacle of Luxury Living & Investment

October 30, 2023
Aspen, Colorado, renowned for its pristine ski slopes and breathtaking landscapes, is witnessing an unprecedented demand for luxury homes, positioning it as a top-tier market for real estate investment. Let’s delve into why Aspen is captivating the attention of affluent buyers and why it stands out as a wise investment choice.

A Market of Opulence: Aspen’s luxury real estate is not just about price tags; it’s about providing grandeur and exclusivity in one of the most sought-after ski destinations in the United States. The market has seen a consistent influx of luxury buyers, a trend anticipated to flourish, reflecting Aspen's robust appreciation of real estate value.

Seller’s Paradise: With a notable 18.2% decrease in new listings and a significant 300% increase in sold listings from the previous year (according to the September 2023 housing report), Aspen's market dynamics favor sellers, indicating a sustained demand and limited supply scenario. This tight Quick read more or view full article market is poised to escalate property values further.

Beyond the Slopes: Aspen's allure extends beyond the winter, offering a plethora of activities and a vibrant lifestyle throughout the year. The town’s summer season outperforms winter in sales tax revenue, debunking the myth of it being just a winter wonderland.

Rental Income Opportunities: Many developments do not allow short-term rentals, which makes available rental properties increasingly more valuable. For those times when you might choose to be elsewhere, Aspen’s high demand ensures that your property won’t sit idle. Rental prices range impressively, providing a lucrative avenue for additional income.

Development Prospects: While finding undeveloped land can be challenging due to 83% of the county land being federally protected, it presents a unique investment opportunity, especially considering the rising trajectory of home values in Aspen.

Condominium Culture: For those leaning towards a more urban lifestyle, Aspen’s luxury condominiums offer a blend of convenience and comfort, located just steps away from both nature’s splendor and the town’s bustling downtown.

Community and Culture: Aspen’s vibrant community is complemented by a plethora of events and cultural activities, ensuring there’s always something happening to engage residents and visitors alike.

Downtown Delights: With an array of exquisite dining options and unique shopping experiences, Aspen’s downtown is a treasure trove of delights, contributing to its reputation as a premium living destination.

Key Market Insights: The latest housing report reflects significant shifts in the Aspen real estate landscape. Despite a slight decrease in new listings and a reduction in the average sales price, the median sales price for single-family homes has seen a substantial 10.9% increase. However, the townhouse/condo market has experienced a slight dip in median sales price but an impressive 15.3% rise in the average sales price. These nuances highlight the market's complexity and potential for discerning investors.

Aspen is not just a destination; it’s a lifestyle and a promising investment opportunity. Over 80% of the county is located on federal public land and will never be developed, making developable land more valuable. With its unparalleled beauty, robust community, and thriving real estate market, it stands out as a pinnacle of luxury living. Whether you seek a lavish retreat or a smart investment, Aspen’s real estate market beckons with open arms and promises of prosperity.

If you or someone you know is interested in Aspen, Snowmass, and the Roaring Fork Valley real estate, please call me, Sally Shiekman, at 970-948-7530 or visit me at www.SallyShiekman.com. Read Less

Testimonials

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Sally is a consummate professional who knows her market and takes great pride in being thorough, direct, and positive. I was particularly impressed with her ability to balance patience with execution, given the property we were selling was quite old. I also appreciated the frankness around expectations, and I am sure that pace of closure for our sale agreement in a matter of days, was due to her. If you want to best, she is it.
Buck Byrum
We feel that Sally is always looking out for our best interests. She has a great knowledge of the market, is diligent, honest and has integrity. We would not consider making another move with out Sally’s help. She is the best!
Gigi & Tim Durand
Sally was very professional, persistent without pressuring, and handled all details necessary to complete the sale. When it came time to sell that property and purchase another, although both my husband and I had become good friends with many other local realtors, we both felt strongly that Sally should be our listing and buying agent.
Anne & Mark Grice
Sally Shiekman has acted as my real estate broker in 4 different transactions. Her professional manner, close attention to the market and new additions to it, attention to detail, and willingness to do what it takes to find the perfect buyer and/or property make her an exceptional broker.
Margo Chisholm
Sally is the best. We have worked with her twice. Accept no substitute!
Jackson Emmer
Through Sally’s efforts our transactions went through without any problems and we received the highest sales price for a unit of our size in the complex. Sally is a true professional in all respects and provided us with top quality service. She made the process easy and painless. Should we ever require a real estate broker in the future, you can be sure we will call Sally.
Kim Nuzzo and Eileen Kinkelaar
Sally is a true professional. Her open manner, honesty and knowledge of the real estate market are outstanding. I would highly recommend her to any potential buyer or seller in the valley.
Nancy Albert
I want to thank you for all the work you did to sell my Aspen condo. Now that I have worked with you as a buyer and a seller, I am definitely impressed with your professionalism. I know that you are busy, but you are very organized and thorough so that your clients get excellent service. I think the hardest part of any real estate deal is negotiating a contract and getting that contract to closing. I appreciate you helping me get a full price contract with only minor contingencies, and then following each deadline so that nothing fell through the cracks.
Betty Hoye
Sally worked with us to understand our needs, out architectural preferences, and our financial capabilities. She patiently showed us properties from Aspen to Glenwood Springs, and we fell in love with our house in Carbondale.
Randi Lowenthal
I highly recommend Sally Shiekman as a realtor. She was always available to answer any questions I had and was on top of every deadline in the contract. I am a busy mortgage lender and so I appreciate Sally’s attention to detail, integrity and genuine concern.
Karen E. Crepps
I received your gift card, and want to express my appreciation. Quite a nice surprise! Also to acknowledge all your help with our transactions and rentals over the past few years. It turns out that, directly and including the new Tahoe home, you were involved with five different properties we have had owned over the years. (And you have seen Owl Meadows as well, making six.) Which is quite a few for small time investors. You got us out of the properties we needed to get out of, and into one that was just fine for as long as we needed it. Then out again, as we moved on. We hope to see you on our next Aspen visit. And we will toast you at Valenti’s!
Tom & Jan Restaino
I wanted to express my sincere appreciation for the fantastic job you did in helping me find a home. I had been through the process several times before, and my experiences have been mixed. However, after working with Sally, I believe I have truly seen someone who wants to consistently provide the absolute best service for their client. Sally’s professionalism, concern for my specific needs, and consistency in following-up on every detail went beyond my expectations.
Scott Crawford
Sally recently helped my wife and I to purchase a building site in the Missouri Heights area. Sally made the purchase a great experience; she showed us much of what the valley had to offer over a several days time frame. Sally presented us with information on what was currently on the market. We have since purchase a property and are already projecting an increase in value. Sally has kept in touch since the purchase providing valuable information.
Donald Russell
Sally always carefully explained each part of the selling/buying process, answered every question patiently, and was completely honest about the possible outcome(s) of the entire event. Buying/selling a home is an emotional and exciting time; Sally has the ability to keep things calm while retaining that important sense of excitement.
Wally & Kris Graham
Sally was so good to work with during our entire home buying process. We know we took a lot of her time getting to know the market and what was available. I can't say enough good things about her and her interactions with us. Her communication was so very helpful, and she always followed up. She either responded immediately to calls, texts, and emails or let us know when she could get back to us. We highly recommend using Sally.
Dave Shinneman
Sally brokered both sides of our first home purchase this last fall. We felt that Sally always had our best interest in mind, carefully and thoughtfully explained the unknown to us (as novices) and took the time to help make this monumental life moment easy for us. Furthermore, her services didn't stop after we closed, she still checks in to ensure we are comfortable and settled in. She is a wonderful resource to connect with regardless of your home purchase needs. We are forever thankful the Sally Shiekman was our real estate agent and in our corner, thank you!!!
Brooke Benton
Sally and her team were such a pleasure to work with. When deciding to sell our home, she gave some excellent advice on what we could do to improve how it shows without any pressure to do so. She’s a realist who tells it as it is and we very much appreciated that. She gave great advice when we asked for it, and led us to a surprise free closing on a timeline that worked best for us. If we are back in the roaring fork valley again, Sally will be our first call!
Josh Meyer
Sally was there with guidance throughout the process of purchasing our home in Snowmass Village. She is knowledgeable about the markets from Aspen to down-valley. We definitely recommend Sally for anyone who is looking for a real estate professional.
Dan & Judi Smith
The most important thing that Sally did for us was to make us comfortable with the experience. She answered all of our novice questions and understood that we were truly starting from the beginning. She showed us a wide range of property so that we had a full view of the valley real estate market.
Jenny & Simon Elliot
Sally went above and beyond to at first find us a home to suit our needs and finally to sell our home in a timely manner… Sally guided us through all of the details of our sale and was a terrific advocate for us in the process. We wouldn’t consider using anyone else in the future.
Ericka & Joseph Meade
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