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Elliman Report: Aspen Sales 3Q 2015

The Aspen housing market was characterized by the combination of rising prices, sales and inventory compared to the year ago quarter. After the skew to smaller sized sales in the second quarter, the average size normalized with an 11.9% increase to 3,331 square feet from the same period last year. Median sales price jumped 37.2% to $3,429,500 from the prior year quarter. Average sales price followed a similar pattern, rising 18.4% to $4,593,635. Average price per square foot rose 5.8% to $1,379 over the same period…

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