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Rocky Mountain High Prices: Homebuyers Priced Out of Aspen Head to Basalt

Rocky Mountain High Prices: Homebuyers Priced Out of Aspen Head to Basalt

 
A big part of the appeal of Basalt is the discount it offers on Aspen, whose popularity with America’s super-rich has pushed prices beyond the budgets of most buyers. According to the Aspen Board of Realtors, the median price of a detached home sold in Aspen in the year to October was $9.6m, compared with $1.43m in Basalt.

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