East Aspen is comprised of all properties east of Downtown Aspen to the edge of the White River National Forest and Independence Pass.
This is a highly desirable area that provides easy access to downtown Aspen as well as the year-round wilderness playground known as Independence pass.
Popular with cross country skiers, cyclists, rock climbers, and snowmobilers, East Aspen provides traffic-free access between Aspen's world class amenities and the Rocky Mountains' world class adventure opportunities.
There are currently 27 Active Listings for Single Family Homes and Duplex Properties in East Aspen, four of which are under contract.
The lowest-priced home is Listed for 1.314 million (currently under contract) and the highest priced home is 16.750 million - this home is also currently under contract.
The average listing price for all these properties is 5.6 million and the average price per square foot for these homes is $1,159.
The average listing days on market is 287 days.
There are currently 12 lots for sale in East Aspen of which 2 are under contract.
The listing prices range from 1.3 to 7.95 million. The average list price is 3.35 million.
The average list price per number of acres is 4.8 million per acre. The average length of listing days is 405, or just over a year.
There were 21 homes and half duplexes that sold in East Aspen over the last year. They ranged in sales prices from 1.1 to 17.5 million.
The average listing price for these homes was $1,272 per square foot and the average sold price per square foot was $1,123. The average listing period for these homes that sold was 354 days.
It can be difficult and somewhat misleading to use averages (such as price per square foot) to value homes in East Aspen as there is significant variation among subdivisions within this major area.
Homes in The Preserve, and subdivisions further up Independence pass, have different views from those on Park Avenue or Ardmore Court.
Some of these homes are very dated and are approaching lot value, while others are brand new.
Some of these subdivisions, such as McSkimming Way, have newer and older homes right next to one another.
View planes and quality construction seem to be more important than lot size when it comes to valuing a property in this desirable area.