Released Apr 5,2 019 v1.0 Inventory & Sales inform us about supply/demand. Under contracts are an indicator of future activity …as most of the properties that go under contract in April will be closing in May. Read More
This Section contains current Estin Reports and Market Snapshots for the Current Year 2019. Prior year reports and monthly snapshots are archived in the Past Reports section.
The reports are:
1) Bi-annual: State of the Aspen Real Estate Market Report.
2) Monthly Market Report Snapshots: Aspen Snowmass real estate summary (10 pages of detailed monthly stats and ‘bottom line’ brief commentary) released on or near the 1st Monday of each month. Includes sales stats by neighborhoods in the 3-month period of subject month (Pgs 7 & 9).
3) Weekly Blog: Aspen Snowmass Weekly property closings and under contract activity is posted every Monday morning, sometimes in-between. Lots of photos, details and comments. At the bottom of the Blog Section are the Blog Archives by year starting in 2006.
4) Historic Pace of Sales Charts: updated every quarter showing Aspen and Snowmass Village dollar and unit real estate sales over time (past 10 yrs) and trend lines.
Released April 7, 2019 on or near the 1st Mon. of each month. v1.8. Rev 04/15/19 Bottom Line The market uncertainty that prevailed in Dec – Jan 2019 has eased, and the financial markets and confidence has returned. Aspen… Read More
Released Mar 8, 2019 v2.0 Click images to… Read More
For the best in Aspen real estate… Go to the Aspen broker the experts use. Tim Estin 970.309.6163 or email Click to enlarge. Read More
released Feb 28, 2019 v6.8f
Aspen and Snowmass Real Estate Market Now
As the Feb 2019 financial markets have stabilized over the intense volatility of Dec 2018 and the Federal Reserve has indicated a halt to interest rate increases for now, the early part of 2019 has started with a sense of relief.
By most measures, we are in the midst of a thriving and healthy real estate market: property dollar sales, property unit sales, real estate transfer tax collections, and construction activity – all in strong, positive territory.
Since 2012, Aspen Snowmass total combined performance in 2018 was the 2nd best year for unit sales and the 3rd best year in dollar sales. 2017 and 2015 were incrementally ahead of 2018, but the three years were so close to one another in performance that essentially it should be considered a 3-way tie. (See top Pg 6.)
However, at the end of 2018, the Aspen unit sales* quarterly trend line direction for all property types for the past 10 years (see Estin Reports SMV Pace of Sales Charts 2007-2018). Reasons? ...
Download 32-page market report PDF Read More
Released Feb 1, 2019 v2.0 Click to enlarge Click to enlarge Click to enlarge Click to enlarge Bottom Line Jan 2019 was characterized mostly by (3) over $10M… Read More
Released Jan 3, 2019 v1.75 on or near the 1st Monday of each month. The Snapshot is a 10-Page summary of Aspen and Snowmass Village sales activity for the subject month and includes year-to-date data. On Jan 3rd, the following revision v1.75 was made: “For 2018, Snowmass… Read More
Released Dec 23, 2018 v1.5 (data pulled on Dec 3rd.) Click images to enlarge Aspen Condo Sales Breakdown – Nov ’18 Aspen Single Family Home Sales By Location – 3 Mos… Read More
Released 11.05.18 v1.5 … Read More
Released Mon, Oct 15, 2018 v1.75. Edited on 10/17/18 v2.0 with an edit on vacant land sales: all sales over $250,000 are included in land/lot data. Notable Aspen sales in Sep 2018 … Read More
Released Sept 13, 2018 v2.0 Click images to enlarge Bottom Line August 2018 continues a significant Aspen slowing trend in unit sales during the summer months of June-August 2018 over last summer. No property… Read More
Released Aug 8, 2018 v1.5 Click image to enlarge Bottom Line July ’18 was significantly off from a year ago. The market is slowing…Prices are very high – is this discouraging buyers? Is low inventory discouraging buyers? (See Pg 6: July Condo/Townhomes sales… Read More