Aspen February 2025 - How's the Market

The Aspen real estate market remained strong in February, but signs of caution are emerging. The four-month leveled average sold price rose 5% month-over-month to $18,714,366, marking a 37% increase year-over-year.

However, inventory is building. Only 10 homes sold in January and February, while 32 new listings came to market. This has resulted in 96 available single-family homes and 16.9 months of inventory, both exceeding the four-year average. As a result, downward pressure on sales prices may be on the horizon.