Aspen

Single Family Homes

The median price for a single-family home in Aspen during the first half of 2023 was $11.5 million, 20% less than last year’s $14.4 million while the average sale price of $14.3 million declined 27% from last year.

The number of closed sales during the quarter increased by two to 44, but declining prices pushed overall dollar volume down about 24% from last year to $629 million. The average sold price per square foot declined just slightly to $3,153.

As of the end of June, there were 57 single-family homes on the market, compared to 56 at the same point last year.

The most expensive single-family home sold in Aspen during the first half of 2023 was $65 million, compared to a $60 million sale during 22H1.

Days on market declined from 187 to 153, while the percentage of sold price to original listing price declined from 97% last year to 93% this year.

Average Sold Price Median Sold Price

27% 2022 vs 2023

20% 2022 vs 2023

24% 2022 vs 2023

5

% Sold Price to Original List Price