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April 2015

Found 1 blog entry for April 2015.

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Aspen real estate inventory continues to dwindle as the market continues into the spring off season.  Based on the first quarter data, there is now only a 13 month supply of single family homes and a 8.7 month supply of townhome/condos.  Also notable is the increase in the median and average sales price of a single family home- up 58.6% and 46.7% respectively.

For townhomes and condos, the median price saw a jump of 17.6% and the average sales price was also up an astonishing 54.7% year over year for the 1st quarter.

Surprisingly, even though there is more demand for Aspen real estate, the average days on market is up for townhomes/condos to the tune of 20%+.   This number is affected by a few bad apples that have been on the market for

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