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March 2015

Found 1 blog entry for March 2015.

Its official, Aspen’s strong real estate market is back with January sales volume up 334% from 2014.  This is hard to believe considering 2014 was so strong at $1.6 billion in sales (the best year since pre-recession).  The ultra-luxury market is also back with several record breaking transactions such as the 5,053 square foot downtown penthouse condo that sold for $16.8M at $3,126.86 a foot.
The high-end luxury market of $7.5M+ experienced a significant increase of 256% from 16 sales in 2013 to 41 in 2014. An even higher increase was the ultra high-end market of $20M+ properties, up 500%, from 1 sale in 2013 to 5 in 2014.
The one exception is the $1M-2M category, which fell 42% because so little home inventory is for sale at this price point.  Low

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