Tim Estin is an active Aspen real estate broker with Mason Morse located in the center of Aspen. This blog, www.AspenRealEstateBlog.com or Tim Estin’s blog, is released Monday mornings and sometimes in-between. The Estin Reports are released quarterly, annually and also special reports. For blog archives, scroll down to bottom of this page and search by date or topic. Search this site by Aspen and Snowmass topic in SearchEstinAspen.com in the menu bar. Follow @EstinAspen on twitter for Aspen Snowmass real estate news, market updates, statistics, commentary and reports or subscribe to RSS feeds.

Link to The Estin Report: Aspen Snowmass Real Estate 2010 Year End Summary

Last Week’s Market Highlights – Aspen Snowmass Real Estate Sales and Under Contract Activity: Last week’s real estate sold and under contract activity appears below for the upper Roaring Fork Valley for all property types over $250,000 in Aspen, Snowmass Village, Woody Creek and Old Snowmass excluding fractionals. Because the MLS links below expire after 30 days, photos and written descriptions of the closed properties are posted here to preserve an archive of sold market activity. For past sales, scroll to page bottom and search by time period.

Spreadsheet Summary: The Estin Report: Aspen Snowmass Weekly Sales Statistics, April 10 – 17, 2011

Closed (4): MLS#’s 119780, 119219, 109736, 119162. This link is valid for 30 days until 5/17/2011.

MLS #119219 – Snowmass Village condo, 55 Upper Woodbridge Road J-5 Snowmass Village, CO: Sold Price: $510,000/$347 sq ft; Ask Price: $619,900/$424 sq ft. (Original Price: $875,000 and 251 days on the market since 02/23/10.) This is a 1973 built 3 bedroom/3 bath, 1,463 sq ft Snowmass Mountain condominium sold furnished. It is a bank owned sale (REO).The broker comments, “One of the nicest 3 bedroom, 3 bath units in the complex. New paint and carpet throughout. This condo has been decorated by a local interior decorator and is being sold turn key. Stone fireplace, granite countertops, nice tile. One assigned carport with storage closet. Enjoy the great views of the ski area and surrounding mountain ranges from the living room and balcony.” 2010 Taxes: $2,638 Yr; HOA Dues: $1,895 Qtr. Town of Snowmass Transfer Tax of 1% payable by buyer. Under Contract Date: 03/28/11; Sold Date: 04/13/11.(Photos and brokers comments courtesy of McKinley Sales.)

MLS #119780 – Snowmass Village ski-in/out Crestwood Condominium, 400 Wood Road #2318 Snowmass Village, CO: Sold Price: 778,000/$976 sq ft; Ask Price: $899,000/$969 sq ft. (Original Price $899,000 and 57 days on the market since 02/15/11.) This is a 2 bedroom/2 bath, 928 sq ft slopeside condo built 1970 and remodeled in 2008. The brokers comments are, “Arguably thee premier and most sought after location at the Crestwood, on the top floor corner of the Hickory building. This remodeled unit features floor to vaulted ceiling windows which allows lots of light and totally unobstructed views from the surrounding picturesque mountain landscapes, to the gondola whisking by your window and the skiers directly below. Enjoy the ski slope and new grotto style hot pool out your front door. Located directly across from the ski concierge room. Have your buyer’s asked you for something special? This is the one!” 2010 Taxes: $2,595 Yr; HOA Dues: $12,031 Yr. Town of Snowmass Transfer Tax of approx. 1% applies to buyer. Under Contract Date:3/13/11; Sold Date:4/12/11. (Photos and description courtesy of BJ Adams and Company.)

MLS # 109736 – Vacant wooded river frontage lot, Tbd Highway 82 Woody Creek, CO 81656: Sold Price: $480,000; Ask Price: $665,000 (Original Price $1,800,000 and 1,351 days on the market.) The broker writes, “Approximately seven acres on the Roaring Fork River, located 10 miles from Aspen. Heavily treed with Pines, Cottonwoods and Aspens. Within the Aspen School District. Directions: Highway 32 towards Basalt. Look for sign just before Snowmass Canyon on right.” Under Contract Date:03/07/11 ; Sold Date: 04/11/2011. (Photos and description courtesy of Chafin Light Real Estate – Aspen.

Under Contract / Pending (8): MLS#’s 116383, 108092, 119894,119212, 109736, 120491, 99621, 120286. This link is valid for 30 days until 5/17/2011. Photos and descriptions of under contracts are not posted unless special circumstances dictate.

Tim Estin welcomes your business, inquiries and comments. Email him or call 970.920.7387. Subscribe to The Estin Report and Tim Estin’s Aspen Real Estate Blog.com on twitter @EstinAspen by clicking “Join the conversation” button below or click subscribe button in the menu bar on left:

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Disclaimer: The statements made in The Estin Report and on Tim Estin’s blog represent the opinions of the author and should not be relied upon exclusively to make real estate decisions. A potential buyer and/or seller is advised to make an independent investigation of the market and of each property before deciding to purchase or to sell. To the extent the statements made herein report facts or conclusions taken from other sources, the information is believed by the author to be reliable, however, the author makes no guarantee concerning the accuracy of the facts and conclusions reported herein. Information concerning particular real estate opportunities can be requested from Tim Estin at 970.920.7387 or by email.The Estin Report is copyrighted 2011 and all rights reserved.. Use is permitted subject to the following attribution: “The Estin Report: State of the Aspen Market, By Tim Estin, mba, gri, www.EstinAspen.com”