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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

Aspen Real Estate Market  Last Week’s Sales: Mar 14 - 21, 21 - Week 12 Read More

By Tim Estin mba, gri | Broker Associate |Mason Morse Real Estate Aspen | 970.920.7387 office June 1, 2007 (updated from original article in Mountain Business Journal, Dec 27, 2005) Locally, the past 3 1/2 years have been unprecedented in the Aspen/Roaring Fork Valley’s upward trajectory of real estate values. Prices are at record levels – although at any point in time in the past 50 years in Aspen they have been - and inventory is tight. Read More

The Durango Telegraph The Independent Weekly Line On Durango and Beyond [Vol. 5, No36, September 7, 2006] ASPEN – Pitkin County in early July adopted a law capping sizes of new homes at 15,000 square feet. Some homebuilders seem to fear even more restrictive laws could be enacted. Read More

By Tim Estin, Broker Associate / Mason Morse Real Estate Aspen / 970.920.7387 office June 1, 2007 (updated from original article in Mountain Business Journal, February 28th, 2006) The Aspen/Snowmass condo market is as hot as ever. If you are a visitor or an Aspen local thinking about a condominium purchase, here's some background and current market information. Summary – summer 2007: The focus of this article is on "middle market" condos which cost approximately $750,000 to $3,500,000 million. Read More

Aspen Real Estate Market  Last Week’s Sales: Dec 05 – 12, 21 – Week 50 Estin Report: 1st Half 2021 sf – Aspen Snowmass Real Estate Market Report was posted 8/17/21 in the Estin Reports… Read More

Aspen Real Estate Market  Last Week's Sales: Dec 1 - Dec 8, 24 - Week 49 Read More

Aspen Real Estate Market  Last Week's Sales: Aug 11 - Aug 18, 24 - Week 33 Read More

Aspen Real Estate Market  Last Week’s Sales: Sept 05 – 12, 21 – Week 37 Closed (12) and  Under Contract / Pending (18).  [To view the new blog post, you may have… Read More

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

The Estin Report: June 2017 Aspen Real Estate Monthly Snapshot was posted in Current Reports on Mon. July 10th. The Snapshots are usually posted on or near the 1st Monday of the month.
Excerpt:
"June 2017 has been the best June for Aspen real estate in the past 10 years. Dollar sales for properties selling over $10M are up over 125% year-to-date (YTD) and for all properties, sales are up 118% YTD. At the same time, inventory of available properties for sale is declining, down 30% in June ’17 year over year, which should create upward pressure on prices..."
Estin Report: Q1 2017 & 2016 Year: State of Aspen Real Estate was released in June 2017 in Current Reports. The 32-Page report is available on-line as PDF and is available in  print 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.
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Market Activity Week 28, July 2 - 9, 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.  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 use SearchEstinAspen in the menu bar to search by topic, address, subdivision, complex, date, etc.  If it's about Aspen real estate, the information should be here.
Closed (6):  MLS#s 142357, 139662, 144584, 144945, 146585, 147917, 149896. This link is valid until 8/8/2017.

Under Contract/Pending (19): MLS#s 141968, 142683, 144966, 145224, 146717, 146937, 147465, 147599, 147702, 148047, 149090, 149206, 149234, 149240, 149419, 149676, 149735, 149764, 149869. This link is valid until 8/8/2017.

Aspen Snowmass Solds Last Week:  '

MLS #149896 - 610 W Hallam, an Aspen West End single family home. Sold Price: $11,700,000/$2,451 sq ft. More details below photos.

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MLS #149896 - West End, 610 W Hallam, Aspen, CO. Sold Price: $11,700,000/$2,451 sq ft. Historic Aspen single family home for sale. Ask Price: $11,700,000. (Original Price: $11,700,000 and sold off-market. Public records indicate the property was purchased previously on 10/26/2010 for $5.25M/$1,102 sq ft under adverse seller conditions at the time by Charles B. Moss Jr. The current buyer is Bray Trust, Dallas,TX.) This is a 1888 built/2000 remodel, 5 bedroom/5 bath/1 half-bath, 4,773 sq ft single family home with 2 car garage on a 5,250 sq ft lot. Described in its prior 2010 sale as "Beautiful West End home. South facing. Garden level spaces have full 9 ft ceilings with walkout courtyards off each room. 5 bedrooms, 5.5 baths with exercise room that could become 6th bedroom. Caretakers unit has outside access." 2017 taxes: $16,482. City of Aspen RETT Transfer Tax of approx.1.5% payable by buyer. Under Contract Date: 07/01/2017; Sold Date: 07/06/2017. (Photos and comments courtesy of Aspen Snowmass Sothebys International Real Estate from prior MLS listing  #117340). Read More

Aspen Real Estate Market  Last Week’s Sales: May 29 – June 5, 22 – Week 22 The May 2022 Aspen Market Snapshot was posted on 6/03/22 in the Estin Reports section. Q1 2022 (Jan 1 – Mar 31) Aspen Real… Read More