It’s been somewhat perplexing why most other real estate markets in the Roaring Fork Valley have accelerated tremendously in the last 7-8 years and Snowmass Village has been so slow to follow. The Base Village fiasco and the unknowns moving forward during the recession made both investors and second home owners sluggish to buy real estate in Snowmass. In 2019 however, sales were up, listing inventory finally declined (almost 5% from 2018), and price per square foot rose almost 20% from 2018. Much of the market strength can be attributed to strong sales at the Base Village and the Viceroy, some large luxury homes sales, and several lower priced single family home sales (sold mostly to locals wanting to access the Aspen school district). In our minds, the market over reaction due to the base village created unbelievable values for savvy buyers and there are still good deals in Snowmass. We are bullish on Snowmass as a long-term play and feel this is a great time to get into the market.