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.
It's time to dig out those skis and if you are ready to move closer to the lifts, give me a call.
Navigating the Aspen Real Estate Market: Interest Rates, Market Trends, and Opportunities
November 15, 2024
Aspen Real Estate in 2024: Lower Interest Rates, Strong Demand & New Opportunities
As we wrap up 2024, there’s good news for the Aspen and Roaring Fork Valley real estate markets. With election uncertainties behind us and interest rates trending down, we’re seeing strong growth and exciting opportunities for buyers and sellers alike.
Lower Interest Rates = More Buying Power
With interest rates moving downward, buyers have newfound purchasing power. This means monthly mortgage payments are becoming more manageable, allowing buyers to explore properties that may have previously been out of reach. For first-time Aspen buyers, seasoned investors, and even those looking for a second home, this is a great moment to capture a unique property in one of the country's most beautiful areas.
2024 Market Trends: Robust Demand for Luxury Properties
The luxury market in Aspen and Snowmass Village remains incredibly resilient. According to the Q3 2024 Market Report from Aspen Snowmass Sotheby’s, the total dollar sales volume is steady despite a slight dip in the number of properties sold. Aspen recorded an impressive $108 million sale in the third quarter alone—a clear sign that demand for premier properties is still solid.
Growing Appeal in Woody Creek, Basalt, and Carbondale.
It’s not just Aspen and Snowmass Village that are seeing action. Our surrounding communities are also heating up. Woody Creek, for instance, saw its average sold price skyrocket by 159% compared to last year, underscoring its growing appeal for those seeking a blend of privacy and proximity to Aspen. Basalt has also become a hotspot, with a 10% increase in the average sold price per square foot. Forbes Magazine named Carbondale the number-one city in America for home appreciation over the last 20 years! Buyers are recognizing the value and charm of these communities, making now an ideal time for sellers to list in these sought-after areas.
What Does This Mean for Buyers and Sellers?
For buyers, these lower rates open up exciting options. You can afford more home for your budget, and in a competitive market like Aspen, this added flexibility can make a huge difference. For sellers, the increase in buyer interest—driven by both lower rates and strong demand—means there’s potential for competitive offers and quicker sales. Even if you’re not ready to sell right away, it’s worth having a conversation about your property’s value in today’s active market.2024 is shaping up to be an exciting year for real estate in Aspen and the Roaring Fork Valley, with opportunities for buyers and sellers to make the most of these favorable conditions. If you’re considering buying or selling, let’s talk about navigating this dynamic market and achieving your real estate goals.
Call me, Sally Shiekman, at 970-948-7530, or visit SallyShiekman.com. Let me put my 'Mountains of Experience' to work for you!
P.S. If you would like a complimentary 2025 Aspen Wildlife Calendar, send me a text or an email with your contact information and mailing address and I will ensure that you receive one.
Testimonials
Read moreI 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.
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!
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.
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!
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.
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.
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!!!
Sally is the best. We have worked with her twice. Accept no substitute!
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.
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.
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.
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.
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.
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.
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.
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!
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.
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.
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.
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.
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