Aspen condo medians rose as the single-family median fell

In January-August 2026, Aspen townhouse/condominium sales fell to 57 from 69 a year earlier, while their median rose 15.8% to $3.85 million. Aspen’s single-family median fell 26.9% over the matching periods.

Our source-linked research report includes the tables, aggregate data download and calculation notes. The analysis uses the official August 2026 Aspen/Glenwood Springs MLS Local Market Update, comparing January-August 2026 with the same months of 2025 and keeping August supply measures separate.

A higher median with twelve fewer transactions

Aspen townhouse/condominium closed sales fell from 69 to 57, a 17.4% decline, while the reported median rose from $3.325 million to $3.85 million. The $525,000 difference represents a 15.8% rise in the median. Fewer sales and a higher median can coexist because transaction count and the distribution of sale prices answer different questions.

The source groups townhouses and condominiums together. It does not isolate a particular building, ownership structure, development, size band or price tier. A reader comparing units needs those distinctions before interpreting the town-wide change.

One Aspen price headline would hide the divergence

In the same source and matching periods, the single-family median fell from $13 million to $9.5 million, or 26.9%. The two property-form changes were therefore 42.7 percentage points apart after rounding. This is a difference between percentage changes, not a 42.7% price premium for a condo.

The divergence makes a combined Aspen price headline less useful for someone choosing a specific property form. It does not establish that one form outperformed the other on a like-for-like investment basis, because the two sets of transactions can differ in their composition.

Marketing time was comparatively steady

Townhouse/condominium days on market until sale moved from 170 to 167, three days lower. August inventory declined from 88 to 80, while reported months supply edged up from 9.9 to 10.1. These measures add context beyond the higher median without resolving what drove it.

A condo review should narrow the comparison to relevant buildings and ownership interests, then account for condition, association obligations and transaction terms. The study can help identify the right comparison set, but its aggregate median does not establish a value for a particular unit.

Frequently Asked Questions

What rose in Aspen’s townhouse/condominium market?

The January-August median sale price rose 15.8%, from $3.325 million in 2025 to $3.85 million in 2026.

What is the 42.7 percentage-point comparison?

It is the gap between the attached-property median’s 15.8% rise and the single-family median’s 26.9% decline.

Does the report separate condos from townhouses?

No. Its published category is Townhouse/Condo.