This is a tricky question to answer. Past performance is no guarantee for future developments. Meaning; the fact that Aspen and Snowmass real estate prices have risen in the past is no guaranty that they will continue to appreciate in the future.

Aspen is a very safe place to put your money. The Aspen real estate market has not seen a significant down market ever. Prices seem to stabilize and flat-line whenever national events like recessions occur. The wealth factor is such that property owners in the Aspen area are in a position to hold their real estate through the bad times and are not forced to sell at all costs. This acts almost as an insurance policy for home ownership in Aspen.

But there are other reasons to buy than expected financial gain. After-all you need a place to live. So in that respect the decision is different for every buyer.