Aspen Market Report
Aspen Market Report, Season 3, Episode 1
Each week we bring you three exciting statistics driving one of the most exclusive real estate markets in the country.We’ve combed over thousands of records, countless spreadsheets and computer formulas to bring you the latest market information.So right now, the top three stats this week, right here on The Aspen Market Report.
Aspen Real Estate Statistic 1
$2938 per sq ft! That is the closed price of the last Aspen penthouse this year.
Zero bedrooms, zero bathrooms and 8500 unfinished sq ft, that’s what $25 million dollars bought you in this prime piece of Aspen real estate. Several penthouse sales brought record breaking prices this year, the highest at $3304 per sq ft!
2015 saw a run on Downtown penthouses, if you are shopping in that market, hurry! There are only 2 left!
Mind Blowing Statistic 2
$159 million dollars, that’s the sold volume of condos located in downtown Aspen, up $20 million over last year.
Of the 83 sales that have made up the market this year, 60 of those were below $2million and 29 were below $1million, all located right in downtown Aspen. The top 5 condo sales in 2015, equaled $62 million.
Interested in building your luxury real estate portfolio? There are A+ properties in prime locations, in all price ranges, coming on the market every day.
Market Statistic 3
Where are the deals? 8 miles and just 15 minutes, that’s where!
Snowmass buyers, there are ski in - ski out properties, impeccably designed, at $917 a sq ft. There are slope side condos listed at $416 a sq ft. There is a lot of inventory to choose from for buyers seeking a slope side lifestyle, whatever the criteria, it’s available.
With new ownership of Base Village finally settled and construction set to begin May 2016, Snowmass Village is where savvy buyers and the smart money are landing.