"The big difference between this quarter and the same period last year is the significant increase in lower end sales under $1M, the lack of big ticket (+$10M) sales and a gaping hole of inactivity in the $5-10M sales range. The increase in lower end sales indicates a widening of Aspens real estate recovery base no longer limited to exclusively headline capturing high-end purchases." Tim estin, The Estin Report: Q1 2013 State of the Aspen Market

State of the Aspen Market, Q3 2012 Excerpt: "The 3rd Quarter 2012 proved to be remarkably strong in general but especially in the sales of Aspen single family homes. While Aspen total dollar sales account for 83% of the entire Aspen and Snowmass Village dollars combined, Aspen single family homes sales account for a whopping 56% of the total combined market dollars. Sales of Aspen homes were up 46% in dollar volume and 22% in unit sales for the 3rd Quarter over the same period last year. Single family home pricing pressure appears to have eased through the 3rd Quarter 2012: median prices, generally a more accurate indicator of pricing trends as average prices can be skewed disproportionately by very high or low sold prices, are up marginally, 3% , to $3.8M in Q3 2012 versus $3.7M last year same time; single family home price per sq ft increased +13% to $1,013 sf in Q3 2012 from $899 sf same time last year arresting the downward trend of the past 4 years. Both metrics median prices and price per sq ft can be seen as positive signs of home price stabilization."