“The Aspen real estate market has returned to what’s being referred to as the pre-pandemic ‘normalcy’ of the 2016-2019 years,” Tim Estin, a broker with Aspen Snowmass Sotheby’s International Realty, writes in his Aspen market report, “Normalcy means a healthy, active market but not the explosive ‘urban exodus’ market of 2020-2022.”