With 13.0 months of inventory, Aspen is currently in a buyer's market. Home prices have increased 327.1% in the past month alone. At the current sales pace, it would take over 13.0 months to sell all available homes in Aspen, indicating an oversupplied market. Homes are taking about 127 days to sell, which is NaN days longer than this time last year. Only 7.7% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Aspen market with the affordability index at 3086.6. Based on current market indicators, home prices in Aspen are projected to decrease by approximately 67.6% over the next month.
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