Out-of-state buyers have been gobbling up Aspen properties at what real estate observers are calling an unprecedented pace that not even the pre-Great Recession days can match.
This month alone helps demonstrate that. Eight property sales, each selling for more than $10 million, have gone through the Pitkin County Clerk’s Office since Aug. 1. Those eight deals combined for $119.8 million, including $22 million for an undeveloped residential lot on Red Mountain that was recorded Tuesday. By comparison, August 2019 generated $162.3 million in total sales for both residential and commercial real estate, according to property records.