The Aspen real estate market continues its strong performance. Eighty homes were sold in the Colorado city in the second quarter of this year, up 19.4% compared with the same period in 2014, according to a new report from real estate brokerage Douglas Elliman. “It’s the second highest quarterly total since the financial crisis began,” said Jonathan Miller, president and CEO of property appraisal and consulting firm Miller Samuel, who prepared the report. The record is 81 sales. The city’s luxury market is experiencing similar growth. Defined as the top 10% of home sales, a total of nine luxury residences were sold in the second quarter, up 28.6% from the previous year, according to the report. The average price per square foot increased 1.2% to $1,505.
RELATED: The Dash for Denver Estates A thriving real estate market in downtown Aspen is partially fueling this growth, according to Andrew Ernemann, a broker with Aspen Snowmass Sotheby’s International Realty. Ernemann said there were eight sales priced above $2,000 a square foot in downtown Aspen in the first six months of this year, compared with a total of eight sales in 2014. “We’re talking a really small number of sales,” Ernemann said. “But these sales are really meaningful milestones.” Here’s a look at what’s on the market in Aspen. These five homes, all listed on Mansion Global, range in price from $7.5 million to $25 million.
Draw Drive, about $25 million:
Built on Red Mountain, this contemporary residence includes five bedrooms and living spaces that open to an outdoor terrace with a fire pit. A separate terrace features a swimming pool. Agent: Coldwell Banker Mason Morse Real Estate – Carbondale. View full listing.
Starwood Drive, about $16.8 million:
This five-bedroom estate features a formal dining area and a gourmet kitchen. Amenities include indoor and outdoor swimming pools, as well as a sauna, a fitness center, a racquetball court and a billiard room. Agent: Carrie Wells, Coldwell Banker Mason Morse Real Estate. View full listing.
Pfister Drive, about $14 million:
At more than 10,200 square feet, this six-bedroom estate features a spiral staircase, a theater, a spa and a wine room. The main level opens to an outdoor living area with a hot tub, gardens and two fireplaces. Agent: Susan Plummer, Coldwell Banker Mason Morse Real Estate. View full listing.
Falcon Road, about $13.5 million:
With nearly 9,000 square feet of living space, this five-bedroom home features stone archways, wooden beams and vaulted ceilings. A stone patio with a waterfall overlooks the Tiehack Cliffs. Agent: Garrett Reuss, Aspen Snowmass Sotheby’s International Real Estate. View full listing.
Eastwood Drive, $7.5 million:
The lower level of this five-bedroom estate features a family room, a full bar and a wine room. The outdoor areas include a hot tub and a fire pit. Agent: Andrew Ernemann, Aspen Snowmass Sotheby’s International Real Estate. View full listing. Write to Gina Faridniya at gina.faridniya@dowjones.com