Is Aspen, CO 81611 a buyer’s or seller’s market?

The Aspen housing market right now

In the three months ending August 31, 2026, 3% of homes in Aspen, CO 81611 sold above their list price, the typical home went under contract in 127 days and there were 8.5 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 69 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (4% then), homes sold more slowly (97 days then) and the median sale price fell 24% to $2,363,977. Overall, Aspen is less competitive than a year ago, which gives buyers more room.

Within Pitkin County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Aspen ranks #239 of 239 CO ZIP codes with enough sales (score 3 out of 100).

Nearby, buyers who want less competition could look at Snowmass 81654 (0% sold over asking) or Meredith 81642 (0% sold over asking), while Carbondale 81623 (14% sold over asking) is even more competitive.