Released Apr 3, 2017 v2.0

Bottom LineMar 2017 Snapshot(End of 1st Quarter 2017: Jan 1 – Mar 31) Excerpt:

040317 Estin Report AspSMV Q117 and 2016Yr Performance Comparison 590w 72res

Click tables to enlarge

040317 estin report mar 2017 summary snapshot aspen real estate 3 590w

Mar 2017 Aspen and Snowmass
Real Estate Snapshot

(Click Table above for full 10 Pg PDF with
detailed charts and tables for Aspen and Snowmass Village)

For year-to-date (YTD), Jan 1 through Mar 31, 2017, the total combined Aspen Snowmass Village market is up 22% in dollar sales to $224M from $184M same time last year and up 11% in unit sales with (78) sales in 2017 versus (70) last year-to-date.

The number of under contract properties for the combined Aspen Snowmass Village market is up 121% to (35) in Mar 2017 versus (24) same time last year.

Under Contracts are used as an indicator of future activity when compared to the prior year.


March 2017 and Year-to-Date 2017
Summary for Aspen Only *

Aspen condo sales March 2017
Unit Sales: 0% (13) in March ‘17 from (13) in March ‘16
Dollar Sales: +74% $30M in March ‘17 from $17M in March ‘16
Inventory Active Listings: -27% (166) in March ‘17 from (227) in March ‘16

Aspen condo sales YTD
Unit Sales: +4% (28) in March ‘17 from (27) in March ‘16
Dollar Sales: +29% $65M in March ‘17 from $51M in March ‘16
Inventory Active Listings: -19% (252) in March ‘17 from (202) in March ‘16

Aspen Single family home sales March 2016
Unit Sales: +167% (8) in March ‘17 from (3) in March ‘16
Dollar Sales: +59% $30M in March ‘17 from $19M in March ‘16
Inventory Active Listings: -2% (166) in March ‘17 from (169) in March ‘16

Aspen Single family home sales YTD
Unit Sales: +78% (16) in March ‘17 from (9) in March ‘16
Dollar Sales: +64% $82M in March ‘17 from $50M in March ‘16
Inventory Active Listings: +3% (191) in March ‘17 from (185) in March ‘16

YTD: Year-to-Date = Jan 1 – Mar 31, 2017
* Typically, the Aspen market represents 70-75% of the total combined Aspen Snowmass Village real estate marketplace.

Links to Mar 2017 Aspen and Snowmass Village Sold Property Photos and Details

Aspen Mar 2017 Closed Properties (21).This link is valid until 5/1/2017.

Snowmass Village Mar 2017 Closed Properties (13).This link is valid until 5/1/2017.

Vacant Lots Mar 2017 Closed Properties (1).This link is valid until 5/1/2017.

Disclaimer: The statements made in The Estin Report represent the opinions of the author and they should not be relied upon exclusively to make real estate decisions. Information concerning particular real estate opportunities can be requested fromAspen real estate broker agent Tim Estin at 970.309.6163orby emailat the contact page. A potential buyer is advised to make an independent investigation of the market and of each property before deciding to purchase. Your opinions may be different. To the extent the statements made herein report facts or conclusions drawn 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 and the information provided herein is subject to change.

The Estin Report is copyrighted 2017 and all rights are reserved. Use is permitted subject to the following attribution with an active link to the source: “The Estin Report on Aspen real estate.”

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