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.

The Estin Report Aspen Snowmass Real Estate Weekly Market Update: (3) Closed and (3) Under Contract; $24.5M Aspen Home Sells Last Week; and New Pitkin County Septic Requirements July 1, 10: June 20 – 27, 10

1) Today’s Denver Post: $24.5M Sale of Aspen Home Suggests Real Estate Turnaround Excerpt: “ASPEN REAL ESTATE ā€” Pitkin County’s most expensive single-family-home sale in nearly a year closed last week for $24.5 million. Aspen Lakes Ranch, at 460 Sunnyside Lane, was built on… Read More

Super-Size My House

County's homes twice average size; development rush causes big impact By Joel Stonington August 6, 2006 Large homes in America are more popular than ever, but Pitkin County is in a world of its own. Here, the average new home under construction is double the national average in size. Read More

Russian Billionaires Buy U.S. Estates as Overseas Wealth Flows, BB

International buyers purchased an estimated $82 billion worth of U.S. homes in the 12 months ended March 31, a 24 percent increase from the year-earlier period, the National Association of Realtors reported May 18…Foreign buyers are also turning to resort locales such as the ski area of Aspen, Colorado,… Read More

Off the Charts: Aspen’s Unprecedented Appreciation

By Joel Stonington September 4, 2006 It's no secret that Aspen's real estate market is absurdly expensive, nor that it has experienced amazing growth in the last 30 years. Here's another log to the fire: 2006 has already seen unprecedented appreciation Read More

Aspen Highlands Townhome Values – 2 Sales Last Week: $4.75M/$788 Sq Ft and $4.9M/$841 Sq Ft

Sept 3 - 10, 2017 Estin Report: Last Week's Aspen Snowmass Real Estate Sales & Stats: Closed (13) + Under Contract / Pending (10)

The Estin Report: August 2017 Aspen Real Estate Monthly Snapshot has been postedĀ inĀ Current Reports.Ā The Snapshots are usually posted on or near the 1st Monday of the month.Ā 
August 2017 Bottom Line
"The Aspen real estate market is cruising along in overdrive. August is traditionally a very active period for sales, and this August more so than ever. Sales at all prices points are exceedingly strong while inventory of properties for sale is declining significantly. Areas with particular sales velocity are Downtown Aspen, Red Mountain and the West End. Outlying areas are experiencing slower sales at lower pricesā€”thereā€™s value in them hills. There is concern the market is frothy with many asking how long can this last...Who really knows? No one..."Ā Read moreĀ 
The Estin Report: Mid-Year 2017 State of Aspen Real EstateĀ was released in the summer 2017 inĀ Current Reports.Ā The 32-Page reportĀ is available on-line as PDF and in a print edition in kiosks at the airport, the info booth across from Paradise Bakery town and at Sothebys offices at 415 E Hyman in the Mall and 300 S Spring opposite the Art Museum.
"Flip Job" Examples: See recent Before/After RedevelopmentĀ in theĀ Flip Jobs SectionĀ near the bottom of the Menu Bar on the left. These are properties that have been recently or are currently in the process of redevelopment for re-sale. This post is updated (07/4/17) as additional re-sale properties come on the market at significantly higher prices.
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Market Activity Week 37, Sept 3 - 10, 2017
Aspen Snowmass real estate weekly sales and under contract activity appears below for all Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass properties over $250,000 excluding fractionals in the upper Roaring Fork Valley. As the MLS links below expire after 30 days, photos and written descriptions of select closed properties (those with excellent photography) are posted here to preserve an archive of sold market activity. Ā Scroll down the page for home photos and details of weekly sales and under contract / pending Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to quickly find blog archives by year and date to 2008. Or useĀ SearchEstinAspenĀ in the menu bar to search by topic, address, subdivision, complex, date, etc.Ā  If it's about Aspen real estate, the information should be here.
Closed (13):Ā Ā MLS#s 137922, 144511, 144449, 145125, 147338, 148440, 148471, 149519, 149524, 149702, 149816, 149897, 150785. This link is valid until 10/10/2017.

Under Contract/Pending (10):Ā MLS#s 141708, 146964, 148047, 149313, 149536, 149868, 149877, 150197, 150447, 150735.Ā This link is valid until 10/10/2017.

Aspen Snowmass Solds Last Week:Ā Ā 
MLS #147338 - Aspen Highlands, West Aspen, 75 Thunderbowl Lane, Aspen, CO. Sold Price: $4,900,000/$841 sq ft; furnished. More details below photos.
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MLS #147338 - Aspen Highlands, West Aspen, 75 Thunderbowl Lane, Aspen, CO. Sold Price: $4,900,000/$841 sq ft; furnished. Aspen single family home for sale. Ask Price: $5,475,000. (Original Price: $5,475,000 and 264 days on the market since 12/16/2016.) This is a 2007 built, 4 bedroom/5 bath/2 half-bath, 5,824 sq ft single family home with 2 car garage on a 3,920 sq ft lot. Some of the "best values"near downtown Aspen can be found at Aspen Highlands which is 5-7 minutes from downtown Aspen by shuttle bus. Broker comments are "Luxurious townhome living at Aspen Highlands within steps of the Thunderbowl and Exhibition Ski Lifts. Enjoy spectacular views of the Aspen Highlands ski area from the ultimate destination home with generous spaces ideally suited for entertaining. The contemporary mountain design boasts a gracious 5,824 sq ft, with four en-suite bedrooms, plus a private office, two power rooms, multiple fireplaces, game and media room, gourmet kitchen, top-of-the-line wine chillers, elevator, hot tub and heated two-car garage. Five minutes from downtown Aspen and just a short walk to Aspen Schools and the Aspen Recreation Center. Ritz-Carlton Club amenities include use of the workout facilities, outdoor heated pool and spa. Complimentary in-town and airport transportation available." 2017 taxes: $24,153; HOA Dues: $5,719 per Qtr. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 07/22/2017; Sold Date: 09/06/2017. (Photos and broker comments courtesy of Coldwell Banker Mason Morse-Aspen) Read More

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