The Aspen Snowmass housing market rebounded this year after hitting bottom on 2009.Sales were up 18 percent compared to a year ago, when the market plummeted 57 percent from its 2006 high, according to a report by Aspen broker Tim Estin. The real estate market has risen 11 percent in gross dollar volume from 2009 and inventory has declined 13 percent. Residential sales throughout the Upper Roaring Fork Valley hit a record high in 2006 with a gross dollar volume of more than $1.5 billion. That was followed by a three-year period of declining sales volume and an increase in homes for sale.
By Margaret Jackson, Dec 29, 2010, Denver Post
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