The Prosperity Report - Vol 2

Page 48

I N S I G H T I N T O T H E U LT R A - L U X U R Y R E A L E S T A T E M A R K E T

COLORADO MARKET REPORT

BESPOKE LUXURY MAGAZINE

324

TOTA L $ 7 M + S A L E S 2019 - 2020

101 SALES IN 2019

72% of all $7M+ trades occurred in Pitkin County, home to Aspen.

48

223 SALES IN 2020 ↑ 1 2 0 .7 %

Like many secondary vacation markets, Colorado sales saw an incredible 120% increase of $7 million+ trades between 2019 and 2020. Though Colorado had been predominantly a winter sports destination for West Coast residents, even before the pandemic, Aspen,

Denver, and Vail have become increasingly popular as a yearround vacation destination for East Coasters and West Coasters alike. As such, 160 of the 223 total sales in 2020 occurred in Pitkin County, home to Aspen, culminating in just over $2 billion in residential sales.


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