The 2021 commercial market has seen $317 million in total sales volume through November, topping all 12 months of 2020, which recorded $289 million in total commercial sales, as well as in 2019, which saws $72.6 million trade hands.
The dollar volume of residential and overall property sales in Pitkin County continued to break new ground in 2021 with more than $4 billion in sold, but breaking ground to actually build a home will be a different story in 2022.
The new ownership of the Hotel Aspen, which was acquired last week for $37.5 million, also in recent years also has bought and restored properties in Nantucket, Massachusetts, and Palm Beach, Florida, into luxury boutique hotels.
A more than $2 million expansion of the Pitkin County Landfill slated to add between six and eight years of life to the facility, which is rapidly running out of room, is nearly complete.