The following is a summary of Aspen and Snowmass real estate activity for the past week. for properties over $250,000. As always, fractional sales are not included. We are in the post-Holidays doldrums, a period that usually lasts 2-3 weeks before taking off again end of Jan. and early Feb. for the rest of the ski season. Any questions, please feel free to call me, 970-920-7387. I should be posting 4th Quarter 2009 (4Q09) and 2009 Year End figures shortly. Thanks. Tim

Closed (1): 105936 – This link is valid until 2/16/2010.

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MLS #105936 – 505 W. Hopkins, Aspen. Ask Price: $5,500,000; Closed Price: $4,250,000/$1,136 sq. ft. (Original Price: $7,995,000 in June 2008 while just beginning construction, reduced to $5.9M in June 2009) New 2009 Construction, single family home with 2 car garage, 4 bdrm/4.5 bath, 3741 sq ft, approx. 6-7 blocks west of downtown. All new features: Air conditioned/radiant heat/elevator/steam/media room/stone & wood exterior.

Under Contract (4): 111353, 108533, 105482, 113519 – This link is valid until 2/16/2010.

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MLS # 111353 – 1024 E. Cooper #10, Riverside Condo, Aspen
: Ask Price: $925,000/$896 sq. ft. (Original Price: $1,025,000. June 2009). This complex is 2-3 blocks east of City Market, 2bdrm/2 bath, 1030 sq ft, built 1979/renovated 1194. Probably the best valued 2 bdrm Aspen Core condo under $1M.

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MLS # 108533 – 400 W. Hopkins, Units 6 & 7, West Aspen: Ask Price: $1,960,000./$1,626 sq. ft. [Original Price: $2,750,000. In Dec 2008, reduced to $2.1M in May 2009 (-24%)]. 3 bdrm/3 bath, 1205 sq ft, built 1973, nice, clean east facing condo in a quiet neighborhood 5-6 blocks west of downtown Aspen.

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MLS #105482 – 800 E. Hopkins Unit B-5, Larkspur Condos, Downtown Aspen
: Ask Price: $1,998,000./$1,387 sq. ft. (Original Price: $2,995,000. In June 2008, reduced to $1,998,000 in Oct. 2009) Top floor corner unit with views of Aspen Mtn, 3 bdrm/ 3 bath, 1440 sq ft, built 1974/remodeled 2004.

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MLS # 113519 – 311 Pfister Dr, Maroon Creek Subdivision, Aspen
: Ask Price: $4,195,000./$934 sq. ft. (Original Price: $5.495M in Sept. 2006, taken off market at $4.995M in April 2009, relisted Oct. 2009 at present ask price). 4 bdrm/4.5 ba, 4497 sq ft, built 1997 townhome. 2 car garage.