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Pitkin County Colorado Real Estate Market Report June 2011
June 2011 report for all Pitkin County real estate transactions released July 29, 2011 Also see: The Estin Report: 1st Half 2011 State of the Aspen Market (released 07/14/11) for Aspen and Snowmass specific market activity. 
2011 June Pitkin County Market Analysis Summary - $173,547,002 - total dollar volume, an increase of 50% from June 2010
- June is the strongest dollar month thus far in 2011
- Notable sales include: Silvertree Hotel PUD (Commercial) $38,750,000 and a residential unit in Snowmass Village for $16 million
- 66 - total transactions, an increase of 32% from June 2010
- Through June, dollars total $709,571,212 - an increase of 24% from same period 2010
- Through June, transactions total 389 - an increase of 13% from same time period 2010
- Aspen (Zone 1) reported 30 of the transactions, Interval units 13, Snowmass Village 11, Basalt 6, Woody Creek 1, Old Snowmass 1, Carbondale 1, and Redstone 1. The remaining 2 transfers were quit claim deed transfers.
- Aspen's dollar volume totaled nearly $82 million, Snowmass Village $79.3 million, Interval units $7.5 million, Basalt $2.4 million, Woody Creek $1 million, Old Snowmass $635,000, Carbondale $520,000, Redstone $145,000, the remaining $34,875 were quit clam transfers
- There were a total of 5 bank owned transactions in June. This accounts for 8% of the transactions and 2.4% of the dollars
- 2 - Snowmass Village, 1 - Aspen, 1 - Basalt, 1 - Interval Unit
- Through June there have been 36 bank owned transactions. This accounts for 9% of the transactions and 3% of the dollars
- The average single family home sold price for Pitkin County thus far in 2011 is $4.8 million, an increase of 10% from full year 2010
- The median single family home sold price for Pitkin County thus far in 2011 is $3.1 million, a decrease of 2% from full year 2010
- Fractional dollars totaled $7.5 million for the month, a decrease of 49% from June 2010
- Fractional transactions totaled 13, a decrease of 28% from June 2010
- Little Nell - 4, Hyatt Grand Aspen - 3, Ritz Carlton - 2, St.Regis - 2, Roaring Fork Club Suites -1, Timbers Club -1
- For the year, fractional dollars total $55.6 million, an increase of 2% from same time period 2010
- For the year, fractional transactions total 123, an increase of 38% from same time period 2010
June 2011 Pitkin County Market Analysis Compliments of Land Title
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