released July 27, 2010

See July 2010 Pitkin County Market Analysis by Land Title which includes real estate sale statistics for ALL Pitkin County recorded transactions including fractionals, mobile homes, deed restricted properties, etc. encompassing Aspen, Snowmass Village, Woody Creek, Old Snowmass, and parts of Basalt, El Jebel and Carbondale, Colorado.

See The Estin Report: 2nd Quarter 2010 Aspen Snowmass Residential Real Estate for the upper Roaring Fork Valley which exclusively includes single family, townhome, duplex and condo sales over $250,000 in Aspen, Snowmass Village, Woody Creek. It does not include fractionals. (released July 2, 2010)

Pitkin County Transfers Market Summary
Summary for the month of June 2010

• $115,390,224 – total dollar volume, an increase of 81% from June 2009 – and the second highest dollar volume month this year
• 50 – total transactions, an increase of 6.4% from June 2009
• Mid Year dollars total $573.8 million – up nearly 22% from the same time period in 2009
• Mid Year transactions total 344 – increase of approximately 4% from same time period 2009
• Aspen had 18 transactions ($82 million), Interval Units accounted 18 transactions ($14.8 million), Snowmass Village – 8 transactions ($14.5 million), Redstone – 2 transactions ($1.1 million), Carbondale -1 transaction ($1.9 million), Old Snowmass – 1 transaction ($650,000), Basalt – 1 transaction ($220,000), and Woody Creek – 1 ($4,470)
• There was one sale in the month that listed a bank as the Grantor for $4 million. This was in the Meadowood Subdivision in Aspen. This represents approximately 3.5% of the dollar volume for the month.
• YTD, there have been 4 bank sales in Pitkin County totaling $5.6 million, this represents for less than 1% of the gross dollar volume
• The average single family home sold price through June is $4.4 million, a decrease of 10% from full year 2009
• The median single family home sold price is $4.1 million, an increase of 30% from full year 2009
o Please refer to page 4 of the PDF for additional detail by area and property type
• Fractional dollar volume for the month of June totaled $14.8 million up 138% from last June
• Fractional transactions totaled 18, an increase of 20% from June 2009
• Through June, dollar volume totals $52.3 million, a decrease of 63% from mid-year 2009
• Through June, transaction activity totals 89, a decrease of 45% from mid-year 2009
• The fractional activity in June was heavily attributed to the Residences at Little Nell with a total of 9 transactions and $13 million, Hyatt Grand Aspen had 4 and $566,000, Ritz Carlton had 3 – totaling $397,000, and St. Regis had 2 totaling $685,000