What Does a $100 Million Aspen Home Sale Mean?

Aspen has witnessed a surge in the real estate market, with the highest residential sale ever at $77 million in April 2024. Just a week later, a residential property on Lower Red Mountain was sold for a whopping $108 million, making it the first $100 million residential sale in Aspen. Since the first $50 million sale in 2021, there have been a total of 10 such sales in Aspen up until April 2024. While $100 million+ sales are common in places like Palm Beach, Hamptons, NYC, Malibu, and LA, this is a significant milestone for Aspen. It is expected that this sale will instill confidence in the Aspen market, leading to an increase in the number of high-value transactions in the future.

Chris Klug

(970) 948-7055

Chris Klug is a long time Aspen Colorado Native, Chris Klug knows a thing or two about mountain living. It’s only natural he became an Aspen Realtor. Chris got involved in the sport of snowboarding in the early days. His snowboarding accomplishments include: three-time Winter Games participant, Bronze Medalist in Salt Lake City in 2002, eleven-time US National Champion, twenty-year veteran of the Snowboard World Cup, and five-time World Cup Champion, Chris has spent plenty of time exploring mountain communities around the world and the best one situated in the Elk Mountains in Aspen, Colorado.