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The Jan 2016 Aspen Snowmass Real Estate Monthly Market Snapshot has been postedinCurrent Reports. The Monthly Snapshots are usually posted on or near the 1st Monday of the month. Read More

The Estin Report: Oct 2015 Aspen Snowmass Market Report Snapshot was posted 11/01/15 in Current Reports.The Snapshots are released on or near the 1st Monday of the month. See recent Before/After redevelopment‘… Read More

The Estin Report: Feb 2016 Aspen Snowmass Real Estate Market Snapshot was released 03/12/2016 v10.5. inCurrent Reports. On Monday afternoon, 3/14/16, I made some significant changes to my “Bottom Line” comments. Please review. The Monthly Snapshots are posted on… Read More

Aspen Real Estate Market  Last Week’s Sales: May 12 – 19, 19 – Week  Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (10) + Under Contract… Read More

In Apr 2025, there were (4) off market Aspen sales at extraordinary prices:  (3) were over $50M and (1) was  $33M. (Click table image to enlarge.) While these sales "before the MLS"  do not get factored into average and median MLS sold price metrics, they are considered as markers and they do affect an upward price momentum in the market - at least for high-end, ultra luxury properties.
Given the general “uncertainty” prevalent in financial markets, and the media reporting of real estate sales falling through across the country, these sales deserve attention supporting the uniqueness and strength of our marketplace. Perhaps testament to hard assets, specifically Aspen real estate, gaining traction, confidence, over paper.
Property specific notes:
>270 Heather Ln Sells Before MLS at $53.3M/$7,517 SF
Built 2021, 6 Bdrm/7.5 Ba  on one level on 1-acre bordering open space in the Meadowood Subdivision and walkable to Aspen District Schools.
>400 & 410 Lake Ave, premier West End location and street address, Lake Ave, with main and guest houses :  5,795 sf +1,708 sf = 7,503 sf
Lot size: 28,049 + 6,007 = 34,056 sf
These April sales reinforce what I wrote in early April for my Q1 & Mar 2025 Bottom Line: https://www.estinaspen.com/real-estate-market/q1-mar-2025-aspen-snowmass-real-estate-report/
"March was exceedingly strong with some very high-end sales in both Aspen and Snowmass Village. There were record price per sq ft sales in Aspen and record sale prices in SMV. The trend has been upwards as sold price per sq ft in the $5,000—$7,000 sf range becomes more frequent and “normalized’. The price pull continues upward. Whereas these sales used to be considered ‘outliers’ a year ago, their increasing frequency makes it more difficult to separate out, and they become a part of the overall pricing mix. In the past year, there have been (7) legit home sales in the $6-7,000 sold price per sf range. (This is excluding older homes purchases where at least 80%+ of the value is in the land.) Hence, prices are rising.
Reasons?
1.  Aspen inventory of properties for sale remains at historically low levels;
2)  Sales of new built single family homes are ‘pulling’ all home prices upwards
3)  An increasingly restrictive land use code
4)  The time to plan, design, build a new Aspen home is easily 4-5 years. In Snowmass Village, the construction  “climate” is somewhat more relaxed,  and likely to be  less time onerous, but still 3-4 yrs.
5) Rising construction costs and labor competition
6) Escalating land costs and few quality choices, driving A+ locations stratospheric and the rest follow…"
Aspen Real Estate Market  Last Week's Sales: April 27 - May 4, 25 - Week 18 Read More

Last weeks sales activity is published below. Scroll down page for photos and details of weekly solds and under contract /pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to search the blog archives by year and date. Read More

The Estin Report May 2014 Monthly Market Snapshot of Aspen Snowmass Real Estate was released Wed June 4, 14, 2014 in the current reports section. The monthly snapshots… Read More

The Estin Report: August and Summer 2015 Aspen Snowmass Market Snapshot(s)were posted 09/06/15 inCurrent Reports. Included is an exectuive summary for summer 2015 activity and key year-to-date stats. The Snapshots are released… Read More

Last week’s Aspen and Snowmass sales activity appears below. Scroll down the page for photos and details of weekly solds and under contract /pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to search the blog archives by year and date. Read More

Aspen Real Estate Market  Last Week's Sales: Jun 26 - Jul 3, 22 - Week 26 Read More

The Estin Report: June and YTD 2015 Aspen Snowmass Monthly Market Snapshotwas posted 07/14/15 in Current Reports The 1st Half 2015 State of the Aspen Market Report… Read More

Dec 2 – 9, 2018 Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (11) + Under Contract / Pending (5). The Oct 2018 Aspen Snowmass Village Real Estate… Read More