Closed (3): (MLS #’s 111458, 109120, 109505 Link is valid till 11/13/09)

Under Contract (8): (MLS #’s 111443, 109474, 112544, 111422, 111963,108566, 109679, 111630 Link is valid till 11/13/09)

Under Contract on 10/5/09: List Price $25,000,000, 5bdrm/5ba, 8300 sq ft (MLS #111630 Link is valid till 11/13/09)

I’m working on 3rd Quarter 2009 Aspen real estate statistics (July 1 – Sept 30, 09) so my blog post this week is late. The Estin Report: State of the Aspen Snowmass 3Q09 Chart has been posted, and I’ll be writing the narrative to go with the charts shortly. Not to mention there are deals to be done and properties to show! .Please check in soon. Cheerio. Tim

2009 Comparison to 2008 Year to Date (YTD)
Aspen (includes Woody Creek) and Snowmass Real Estate Sales

2008: Jan 1 – Oct 15, 2008 (YTD)

– Total Dollar Sales: $787MM

– Total Transactions: 234

Types and quantity of properties sold:(no fractional sales included)

– Aspen Single Family Homes: 58

– Snowmass Single Family Homes: 30

– Aspen Condos: 46

– Snowmass Village Condos: 79

– All remaining sales are Duplex and Townhomes

2009: Jan 1 – Oct 15, 2009 (YTD)

– Total Dollar Sales: $446MM (-43% from 2008 YTD)

– Total Transaction: 124 (-47% from 2008 YTD)

Types and quantity of properties sold:(no fractional sales included)

– Aspen Single Family Homes: 37 (-36% from 2008 YTD)

– Snowmass Single Family Homes: 11 (-63% from 2008 YTD)

– Aspen Condos: 39 ( -15% from 2008 YTD)

– Snowmass Village Condos: 17 ( -78% from 2008 YTD)

– All remaining sales are Duplex and Townhomes

The Estin Report 10/15/09 (Source: Aspen/Glenwood MLS)