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(Photo: Aspen Snowmass Sothebys International Realty) Excerpt from soon to be released: Estin Report H2 & YEAR 2023 Aspen Real Estate: On Property Insurance 01.18.24 Home Insurance in the Mountains Obtaining home insurance in the mountain west, in Aspen and Snowmass Village,… Read More

By Tim Estin mba, gri  | Mason Morse Real Estate, Aspen |  970.920.7387 office Oct 28, 2008 (Updated from the original article, Mountain Business Journal, January 2nd, 2007) Immediate Market Highlights: Our market may have slowed but it has not stopped … we are not immune but we are insulated. Here’s what Aspen property is moving now. The overall theme is “ instant gratification” sells Superb, Aspen in-town locations and drop dead new remodels and new construction Trophy purchases, $$ seemingly no object. Realistic priced properties with motivated sellers who understand marketplace conditions and realities. Great perceived ‘value’ buys. Buyers are absolutely more discriminating than ever. West End single family homes: transactions are off -20% YTD, but off -50% from the peak YTD 2006. However, price/sq ft is higher; new product is selling; people want to be in-town, walk to everything. Aspen downtown core sales have plummeted, down 70% YTD, -76% 3Q08 and -61% below the lowest YTD 2004 Snowmass Village (SMV) single family home activity is on the uptick as sellers mark down prices and inventory begins to move. New Snowmass Base Village sales YTD have been off the chart upwards. Unknown: if developers and builders start to capitulate, how will it affect existing home prices and sales? Read More

These are the best noteworthy contemporary designed properties on the market today. This is not a complete list and is subject to change. For more information on these or other great properties, and for fantastic deals...email or call Tim at 970.920.7387. Read More

ASPEN REAL ESTATE - Aspen real estate agent Tim Estin, of Coldwell Banker Mason Morse Real Estate, expects gradual improvement to continue this year, with an emphasis on gradual. He reported in his online newsletter in mid-July that national economic uncertainty was creating a “wait and see” attitude among prospective buyers in Aspen. There is consensus that the Aspen-area real estate market has settled at or near the bottom, Estin wrote, but many buyers remain unsettled.“Whereas cautious optimism prevailed at the beginning of this year, there seems to be greater uncertainty at the half year mark,” Estin wrote in July. By Scott Condon, September, 21 2012 AT 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

Glass half full or half empty? ASPEN REAL ESTATE - “While the environment remains challenging and [the first half of] 2012 have underperformed hopes from the beginning of the year, overall market progress is being made,” wrote Coldwell Banker Mason Morse agent Tim Estin in his State of the Aspen Market report for the first half of 2012. Estin, pointing out that in the last three years the second quarters have been plagued by one or more crises on the national and international levels, calculated that dollar volume in the Aspen to Snowmass Village market was actually off 22 percent in the second quarter compared to the same time period in 2011. Unit sales were up 3 percent. The first half of the year stats sound even worse, according to Estin. Dollar volume was off 25 percent while unit sales were down 7 percent. “The warm weather conditions in many parts of the country, a lack of snow over the winter/spring 2012 in the Aspen area, a sputtering national economy and captive headlines coming out of Europe were factors contributing to the slowdown in Aspen real estate sales,” wrote Estin. By Catherine Lutz, August 2, 2012 ABJ Read More

The Estin Report: Oct 2015 Aspen Snowmass Market Snapshot wasposted 11/01/15 inCurrent Reports.The Snapshots are released on or near the 1st Monday of the month. Read More

Scroll down page for photos and details of sold and under contract (pending) Aspen properties in the past 4 weeks. For earlier dates, use the down arrow to the blog archives and search by date. Or use SearchEstinAspen… Read More

Last week’s sales activity is posted 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… Read More