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Aspen real estate post-election

Why Aspen Real Estate Thrives Post-Election: A Historical Perspective and Current Insights

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November 23, 2024

Investing in Aspen real estate shortly after a presidential election has historically proven to be a smart strategy. Aspen’s market consistently demonstrates resilience and appreciation in these periods, making it an attractive option for high-net-worth investors. With the current average price per square foot in Aspen proper reaching $4,500, history suggests there’s room for continued growth.

Historical Performance of Aspen Real Estate Post-Election

A look back at previous election cycles highlights a recurring trend: Aspen real estate appreciates significantly following elections.

2008 Election (Financial Crisis):

Pre-Election (2007): $1,200 per square foot.

Post-Election (2009): Stabilized at $1,150 per square foot despite global economic turmoil.

2012 Election:

Pre-Election (2011): $1,300 per square foot.

Post-Election (2013): Increased to $1,400 per square foot (+7.7%).

2016 Election:

Pre-Election (2015): $1,500 per square foot.

Post-Election (2017): Jumped to $1,700 per square foot (+13.3%).

2020 Election (Pandemic Boom):

Pre-Election (2019): $1,800 per square foot.

Post-Election (2021): Surged to $2,000 per square foot (+11.1%).

With Aspen now averaging $4,500 per square foot, the post-election momentum continues to position this market as a standout for growth and stability.

Aspen Real Estate vs. Other Investments

Aspen’s luxury real estate performs uniquely compared to equities or national real estate markets, offering tangible value and reduced volatility.

S&P 500 Comparison:

2008-2009: While the S&P 500 dropped 37%, Aspen real estate remained stable.

2016-2017: The S&P gained 19%, but Aspen’s 13.3% appreciation provided added security and lifestyle value.

National Real Estate Market Comparison:

Aspen consistently outperforms national averages, driven by:

• Limited inventory.

• Year-round appeal.

• A concentrated base of affluent buyers.

Even during broader market slowdowns, Aspen remains insulated, making it a prime luxury market.

Why Aspen Thrives Post-Election

1. Investor Confidence: Reduced uncertainty post-election encourages real estate investments in Aspen.

2. Market Stability: Limited inventory safeguards against volatility.

3. Economic Policies: New policies often create opportunities for real estate investors.

4. Luxury Appeal: Aspen offers a rare combination of lifestyle perks and wealth preservation.

2024 Market Insights and Outlook

With Aspen’s average price per square foot now at $4,500, the market reflects strong demand for luxury properties. Historical trends suggest further appreciation, supported by:

• Post-election stability.

• Continued interest from high-net-worth buyers.

For savvy investors, Aspen real estate offers a proven track record, rising demand, and unmatched lifestyle benefits.

Why Now Is the Time to Invest in Aspen Real Estate

Proven Growth: Aspen consistently outperforms other luxury markets post-election.

Rising Demand: Limited inventory and buyer interest drive prices upward.

Tangible Value: Unlike equities, Aspen real estate delivers both investment returns and lifestyle advantages.

Let’s Connect

Ready to explore Aspen’s dynamic real estate opportunities? I’m here to help you navigate this premier market. Whether you’re looking to diversify your portfolio or find your dream home, contact me today for personalized insights and guidance.

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