Getting your player ready...
The highest of the high in the Aspen-area real estate market is recovering the quickest.
There have already been 14 sales of homes priced in excess of $10 million, and another three houses at that price level are under contract, according to Craig Morris, a partner in Morris & Fyrwald Real Estate. That’s only one sale off the record for a year — and there’s still half of 2011 remaining.
Andrew Ernemann of B.J. Adams & Co. highlighted the strength of the upper end of the market in his semiannual real estate report. He noted that one of every four sales of single-family homes in Aspen so far this year has been for $10 million or more.
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