Aspen Real Estate Intelligence

The Ernemann
Report

Independent market intelligence and perspective on Aspen & Snowmass real estate.

20+ Years

Analyzing the Aspen
Real Estate Market

$2B+

Transaction
Experience

Former President
& CEO

Aspen Snowmass Sotheby’s
International Realty

Stanford +
McKinsey & Co.

Experience that
matters

Aspen Native

Lifelong local
perspective

What Matters Now

Key Takeaways from October 2026

Aspen Sales Gap Closes

Aspen single-family sales reached 55 YTD, matching 2025 and erasing a 40%+ early-year deficit.

Forward Indicators Soften

Aspen had 9 single-family contracts at September month-end versus 17 a year ago, while inventory held flat at 101.

Snowmass Remains Softer

Snowmass single-family sales are down 44.8% year over year, while available inventory is up 46.7%.

Explore Previous Reports

September 2026 Sales activity eased as inventory continued to rise, while pricing remained resilient. View Report →

Deep Dive Wall Street Moves First — what stock-market drawdowns can tell us about Aspen pricing. View Report →

Deep Dive Aspen Didn't Plummet — a closer look at the data behind the headlines. View Report →

About Andrew Ernemann

Andrew Ernemann is a 20+ year real estate advisor with more than $2 billion in transaction experience and more than two decades of market analysis.

Former President & CEO of Aspen Snowmass Sotheby’s International Realty and trusted advisor to clients navigating significant real estate decisions.

Real Estate Advisory

I advise clients on significant, discreet real estate decisions—acquisitions, dispositions, valuation, negotiation, and investment strategy.

Independent guidance. Deep market knowledge. Aligned with your interests.

The Ernemann Report delivers Aspen real estate intelligence and perspective you won’t find elsewhere.