What's the Altitude of the Aspen | Snowmass Real Estate Market?
2015 was a banner year for Aspen real estate with over $2 Billion in sales volume, particularly in the ultra-luxury market with 31 sales in excess of $10 Million and 14 sales above $15 Million. The large jump in average sales price (28.5%) and median sales price (18.6%) for single-family homes has caused some buyers to wait on the sidelines for a value play.
Year over year, single family home inventory increased slightly with new listings up 4.4% and sold listings down 6.8%. With a project on nearly every block, a short stroll through the West End will tell you how much activity there is in new developments and inventory coming on the