Aspen

Since the first silver prospectors staked their claims in the fortunes of Aspen more than a century ago, this old mining town turned world class resort has remained at its heart, one of the country's most unique small towns. Aspen Mountain rises from the center of downtown. Cozy neighborhoods exist just a few blocks from the town center. On Aspen's outskirts are exclusive communities nestled in the surrounding mountains.

Aspen Listings

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Market Data

for 09/08/10

Median $/SqFt: $207
Median Price: $449,500
Median Days on Market: 211
Median Ask vs. Sold Price: 90%

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Location
Located 200 miles southwest of Denver and 130 miles east of Grand Junction, it is at the southeastern end of the Roaring Fork Valley. The Roaring Fork Valley stretches from Glenwood Springs and the Northwest end to Aspen on the Southeast end and surrounded by the White River National Forest. Aspen encompasses 3.66 square miles, is a relatively flat valley floor, surrounded on three sides by Aspen, Smuggler and Red Mountains. Aspen is internationally renowned as a winter and summer resort.

History and Local Lore First christened Ute City, the town of 300 residents was renamed to Aspen in 1880. By 1893, Aspen was a booming silver town with 12,000 people, 6 newspapers, 2 railroads, 4 schools, 3 banks, electric lights, a modern hospital, 2 theaters, an opera house & a very small brothel district. In 1893 the Sherman Silver Act demonetized silver, which marked the decline as a mining town. Around 1936, another ore was discovered – SNOW! In 1946 the Aspen Skiing Corporation was founded and in 1950 Aspen hosted the FIS World Championships, which confirmed Aspen’s status as an international resort. The rest is history!
Elevation The town of Aspen 7,980 ft. The Top of Aspen Mountain 11,212 ft.

Population

6,400 residents - Pillow count in winter can be 14,000 and in the summer over 20,000.

Climate

Low humidity year-round, 300 inches snowfall in the winter

Real Estate

Single family homes range from $2,445,000 to over $41,000,000 in West Buttermilk. There are numerous opportunitites in the condominium offerings - Studios from $165,000 in Woody Creek to five bedroom townhomes starting in the $4,500,000 range.