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REAL ESTATE UPDATE
Yes, we’ve seen crazy sold prices on numerous off market property and rising per square footage prices on listings in the MLS. With the change of administration in Washington, we generally think our market this winter could skyrocket, especially on the exceptional properties.
Supply and Demand is always the issue with real estate product in Aspen, hence the insane off market sales at numbers over $7,000 per sq feet. Note, the number of sales drops while the prices rise. Jeff Bezos bought a home on lower Red Mountain for his parents years ago- guess he was a visionary on real estate too!
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