The Estin Report covering 2nd Half & Full Year 2021 Aspen Snowmass Real Estate Market – was posted online 01/16/22 in the Estin Reports section. The online edition covers the entire year Jan 1 – Dec 31, 2021; the print edition made available for the Christmas-New Years Holiday Season covers Jan 1 – Dec 6, 21. While the conclusions are the same, the data is different. See Aspen Times Jan 02, 2022 year end article on market .
The 32-page report compares year over year results and historical data from the past 10+ years.
There are two sections:
1. The Aspen Market (includes Aspen, Brush Cr Village, and both Woody Creek and Old Snowmass sales over $1.5M)
2. The Snowmass Village Market (the ski resort)
Sales are broken out by average and median prices, price per sq ft, by size, by neighborhoods and property types: single family homes, condos, townhomes, duplexes and residential vacant land/lots—all sold at over $250,000. The data is reviewed and scrubbed: commercial, fractionals, mobile homes and subsidized housing sales are not included, and older built home sales (teardowns, pre-1990) where most of the value is in the land, are more accurately counted as vacant land sales. The focus is on the upper Roaring Fork Valley as what happens in Aspen ripples outward and down valley. Source data is from the Aspen Glenwood MLS which maintains data for 10 yrs. For periods further back, data is from Estin Report archives.
* Re-released on Jan 4, 21 v2.6 – typo on bottom of pg 5 Snowmass Village summary corrected