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Rocky Mountain high prices: homebuyers priced out of Aspen head to Basalt

by Hugo Cox, Financial Times
December 2, 2021
Basalt, CO

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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