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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: Jan 17 – 24, 21 – Week 4 Closed (15) + Under Contract / Pending (15).  [To view the new blog post, you may have to “Clear your Browser Settings”.  Go to: Chrome browser/more tools/clear browsing data.] … Read More

Aspen Real Estate Market  Last Week’s Sales: Aug 9 – 16, 2020 – Week 32 Closed (29) + Under Contract / Pending (44).  [To view the new blog post, you may have to “Clear your Browser Settings”. Go to: Chrome browser/more tools/clear browsing data.]   08/17/20 Bottom Line:… Read More

The Estin Report: March and YTD 2015 Aspen Snowmass Real Estate Market Snapshot was released early April 4, 2015 inCurrent Reports The Estin Report: The 4th Quarter and Year 2014 State of the Aspen Real… Read More

Aspen Real Estate Market  Last Week’s Sales: June 20 – 27, 21 – Week 26 Closed (15) + Under Contract / Pending (31).  [To view the new blog post, you may have to “Clear your Browser Settings”.  Go… Read More

Aspen Real Estate Market  Last Week’s Sales: May 24 – 31, 2020 – Week 22 Closed (2) + Under Contract / Pending (8).  [To view the new blog post, you may have to “Clear your Browser Settings”. Go to: Chrome browser/more tools/clear browsing data.]  For this past… Read More

Aspen Real Estate Market  Last Week’s Sales: Nov 3 – 10, 2019 – Week 44 Closed (8) + Under Contract / Pending (6). [To view the new blog post, you may have to “Clear your Browser Settings”. Go to:… 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

The Estin Report: April 2016 Aspen Snowmass Real Estate Market Snapshot was released May 6, 2016inCurrent Reports. The Monthly Snapshots are posted on or near the 1st Monday of the month. Excerptfrom the Apr 16 Aspen… Read More

The Dec 2016 YTD Snapshot has been postedinCurrent Reports. The Monthly Snapshots are usually posted on or near the 1st Monday of the month. My year end 2016 report… 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

John Bogle, the well known mutual fund advisor and author of Enough: True Measures of Money, Business, and Life wrote, “There was a sign in Einstein’s office that says, “There are some things that count that can’t be counted and some things that can… Read More