Is Aspen becoming a bargain in the World’s Most Luxurious Real Estate Markets?

A quick look around the world’s hot spots indicates that a great neighborhood in London could cost you $6,000.00 per square foot. In Monaco, just under $6,000.00. St. Jean Cap on the French Riviera may cost more than $5,500.00 per square foot, with Courchevel, France, and Hong Kong demanding more than $4,500.00 per square foot.

In Aspen, the high-end market (with a few notable exceptions) remains in the $1,800.00 to $2,500.00 per square foot range. For those with the desire, ability, and wherewithal to buy, Aspen still looks like a good deal to me.

- Dan Dunnigan, Associate Broker