2019 finished as the top 3 sales year over the past decade with $1.85 billion in total dollar volume. Also worth noting were the 23 residential properties that sold over the $10 million mark in 2019 with 26 sales in 2017 and 27 sales in 2015. The downtown core of Aspen continues to be in high demand with a limited number of condominiums and single family homes to purchase. The top 5 Aspen condo sales for 2019 collectively averaged $2,447 per square foot and traded within 143 days on market. The top 5 condo sales were:
233 E. Cooper Ave. Unit C ( Monarch on the Park ) 3 bedroom, Sold $6.85 million ( pictured above )
700 Ute Ave. Unit 802 ( Aspen Alps ) 4 bedroom, Sold $4.6 Million
101 N. Spring Street #304 ( Meadowood ) 4 bedroom, Sold $4.550 million
555 Durant Ave #4J ( North of Nell ) 1 bedroom, Sold $3.9 million @ $2,900 psf
800 S. Monarch Street #5 ( Mountain Queen ) 3 bedroom, Sold $3.82 million
The outlook for 2020 projects to be slightly down based on local inventory, an election year and a up and down stock market but will inevitably continue to be a market that local, national and international clients will purchase for amenities and quality of life!