The average sales price of residential properties in Aspen, Colorado peaked in 2022, followed by a slight decline in the first half of 2023. The average sales price of a single-family home stood at **** million U.S. dollars in the second half of 2023. Meanwhile, condominiums sold for the average price of *** million U.S. dollars.

Between 2011 and the second quarter of 2023, the average square footage price of a single family home in Aspen increased three-fold, hitting ***** U.S. dollars. Condominium prices peaked in 2022 at nearly ***** U.S. dollars but fell slightly in the first half of 2023.