As has been the talk of the town for the past six months, 2020 has been an outlier like no other.
Biggest Takeaways:
• Sales transactions were up, but not a record, however revenue from those sales did break the record which tracks with the limited inventory.
• Aspen’s commercial market (especially luxury retail) is very well positioned. As I told the Aspen Daily News: It’s more clear now than ever that we’re a safe haven for the ultra-wealthy and that keeps people employed, whether it’s the RETT (real estate transfer tax), restaurants or retail. The high-end Aspen consumer drives a lot of our economy here. It’s going to continue to be that way.
READ: "Aspen retail benefits from strong year in residential real estate"
READ: "A year of big changes in Aspen real estate"
