Tim Estin MBA, GRI

Aspen CO Real Estate Broker
Call Tim:(970) 309-6163
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See Historic Sales Performance Charts by Property Types from Q1 2011 thru Q1 2022 in Estin Reports/Charts Section

05.23.22 The April 2022 Aspen Real Estate Market Snapshot will be posted early this week.

Bottom Line 1st Quarter 2022: Prices of residential real estate in Aspen and Snowmass Village have shot up in the past two years. The local inventory of properties for sale is at its lowest level of the past 12 years - in Mar 2022, inventory for Aspen is down 71% from Mar 2020 (pre-pandemic), (310) listings then vs (90) now and down 78% in Snowmass Village, (221) then vs (49) now. And although prices had been steadily rising, the past two years – pandemic related - have been a rocket ship. Demand up; supply way down; prices - up, up and away. Market prices are inventory driven. New properties coming on the market are being priced 15-30% + above yesterday’s sold comp which likely went under contract/pending 1-3 months earlier. Yesterday's sale is the deal you missed and there are more and more examples of “off-market”, unlisted properties, trading at record highs. (For avg & median sold prices, see Pg 4). A seller refrain heard often now, "My price? It's got to be a 'make me move' price”.

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  • Q1 2022: Aspen Snowmass Sotheby’s Real Estate Sales Market Share

    Aspen Snowmass Sotheby’s continues to dominate Aspen, Snowmass Village and the Roaring Fork Market.

    Q1-2022-ASSIR-Luxury-Market-Dominance-ABOVE-5M_96-resClick images to enlarge

    Q1-2022-ASSIR-local-Market-Dominance-Report_96res

Current Estin Aspen Real Estate Market Reports

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ASPEN SNOWMASS REAL ESTATE MARKET 2021 YEAR IN REVIEW
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Estin Report 1st Half 2021 Aspen Snowmass Real Estate Market
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Aspen Snowmass Real Estate Report 2021 ws

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A veteran Aspen broker, who has witnessed the market for over 50 years, once told me,
“There are 3 stages of Aspen real estate inquiry:  Shock, pissed off, surrender.”
That was in 2005, 15 years before Covid.

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Find or Sell your Aspen Snowmass home with
“One of Aspen’s best brokers”  Tim Estin MBA, GRI

970.309.6163

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Featured Properties

Exceptional and favorite Aspen CO and Snowmass CO homes for sale, worthy of special attention.. These selections change as properties list and sell.

$12,950,000
44481 Hwy 82, Aspen

  • 6 beds
  • 6 bath
  • 4,763 sq ft
  • 10.50 acres lot
  • $2,719 price/sq ft

Pending

$3,995,000
250 S Original Street #A, Aspen

  • 3 beds
  • 3 bath
  • 1,431 sq ft
  • $2,792 price/sq ft

Pending

$10,000,000
620 E Hopkins Avenue #PH, Aspen

  • 3 beds
  • 3 bath
  • 2,590 sq ft
  • $3,861 price/sq ft

Pending

$51,000,000
45081 & 45101 CO-82, Aspen

  • 5 beds
  • 10 bath
  • 15,000 sq ft
  • 5.60 acres lot
  • $3,400 price/sq ft

$32,950,000
2500 Woody Creek Road, Woody Creek

  • 5 beds
  • 7 bath
  • 13,745 sq ft
  • 20.00 acres lot
  • $2,397 price/sq ft

Best Deals

Identifying the best deals in Aspen CO real estate. This selection of Aspen homes for sale changes as deals come and go.

Flip Jobs: Before/After

See what's possible. Before and after photos and descriptions of recent Flip Jobs of Aspen CO homes for sale from 2014-2022

“Aspen is a little too close to Heaven”
said Albert Schweitzer on his only US visit
to celebrate the bicentennial of Goethe’s birth
in Aspen, CO in 1949.

Find or Sell your Aspen Snowmass home with Aspen Realtor Tim Estin MBA, GRI
“One of the town’s best real estate brokers”, reports local media.

970.309.6163

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