A difficult economy does not change the fact that Aspen is one of the most desirable places to be. Always has been and always will be.
- Matt Holstein, Associate Broker
Thursday, July 16, 2009
Thursday, July 2, 2009
What's Happening with the Value of Luxury Homes in Aspen?
Sellers are holding strong. There are much fewer sales, but sales prices have not dropped significantly.
- Matt Holstein, Associate Broker
Luxury homes used to be relegated to specific neighborhoods, like Red Mountain, 1010 Ute, Starwood, Wildcat, etc. In the last couple of years, they have started popping up in many other areas, some as part of a larger development of a new area, like Highlands and Tiehack, but many as isolated outposts in formerly unassuming neighborhoods. Some recent example include Eastwood, Lower River Road, and Smuggler. These additions are clearly pushing the values of the surrounding homes up.
- Tom Leddy, Associate Broker
- Matt Holstein, Associate Broker
Luxury homes used to be relegated to specific neighborhoods, like Red Mountain, 1010 Ute, Starwood, Wildcat, etc. In the last couple of years, they have started popping up in many other areas, some as part of a larger development of a new area, like Highlands and Tiehack, but many as isolated outposts in formerly unassuming neighborhoods. Some recent example include Eastwood, Lower River Road, and Smuggler. These additions are clearly pushing the values of the surrounding homes up.
- Tom Leddy, Associate Broker
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