Tim Estin MBA, GRI

Aspen CO Real Estate Broker
Call Tim:(970) 309-6163

Use this site as an Aspen real estate resource. The Estin Report has been accumulating Aspen real estate information online since 2005, and the reports include historical market information dating back to 2003-2004. Search by MLS #, date, topic, address, condo complex, development name, etc. If it is Aspen Snowmass real estate related, it is likely to be here.

October 18 – 25, 2015 Estin Report: Last Week’s Aspen Snowmass Real Estate Sales & Stats: Closed (9) + Under Contract / Pending (12)

The Estin Report: Sep 2015 Aspen Snowmass Market Snapshot wasposted 10/04/15 inCurrent Reports.The Snapshots are released on or near the 1st Monday of the month. As an indicator of the market's present strength, the Aspen Times reported that as of 2PM Fri Oct 9, 2015 "October’s total sales volume in Pitkin County was nearly $85 million, according to the Pitkin County Clerk and Recorder’s Office. October 2014 registered $149.5 million in total real estate sales. The strongest October since 2010 rang up $194 million." Separately, the Aspen Daily News reported on Oct 10th that ""Housing and Wheeler real estate transfer tax collections (payable by buyers of real property within the City of Aspen at approximately 1.5% of the purchase price) for September 2015 were up 57 percent and 46 percent, respectively, from the same period in 2014. Year-to-date collections are up 25 percent and 26 percent. Variances in percentage change largely reflects the exemption of deed restricted property transactions and the first $100,000 of valuation in all housing real estate transfer tax calculations." Read More

Low End of Market Sees Prices Rise Nationally But Not in Aspen, ABJ

ASPEN REAL ESTATE - Housing prices across the country may be rising on the lower end, but that trend isnʼt necessarily being felt in the Aspen area. Yet there are indicators emerging that owners who wish to sell properties that are priced below $1 million should find encouraging. “There are positive signs that the market has been scraping along the bottom and the worst is over,” said broker Tim Estin of Coldwell Banker Mason Morse, author of the real estate analysis entitled “The Estin Report.” In a forthcoming letter about Aspen core condo sales, Estin said that in the third quarter of the year, 13 condos priced below $1 million sold as compared to six in that price range between July 1-Sept 30, 2011. However, thereʼs a harsh reality to these statistics: Both average and median prices of properties that topped out at around $1 million dipped by 41 percent and 34 percent respectively. So whatʼs the good news? Well one indicator Estin has noted is, “I donʼt believe prices will further erode.” And another? “Well priced, well located, recently remodeled condos and units representing solid value to buyers are selling - in some cases at a premium.” By Madeleine Osberger, Oct. 8, 2012 ABJ Read More

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