Real Estate

Palm Beach Can Learn Something From Aspen’s Real Estate Boom

Slipping sales numbers could actually be good news.

1400 Wood Road in Snowmass Village is on sale for $6.95 million.

Photographer: Mountain Home Photo for Aspen Snowmass Sotheby’s International Realty

Compared to last year, Aspen’s luxury real estate market had a spectacular September.

New signed contracts for homes from $10 million to $19.99 million were up 800% (nine were signed compared to last September’s one), while new listings in the same price range were up 600% year-over-year, according to a new report by Douglas Elliman.