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Scroll down page for prior week’s market activity. Tim Estin is an active Aspen real estate broker with Coldwell Banker Mason Morse located in the center of Aspen. This blog, www.AspenRealEstateBlog.com or Tim Estin’s blog, is released Monday mornings and sometimes in-between. The Estin Reports… Read More

Aspen Real Estate Market  Last Week’s Sales: Dec 27, 20 – Jan 3, 21 – Week 1 Closed (12) + 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

Oct 15 – 22, 2017 Estin Report: Last Week’s Aspen Snowmass Real Estate Sales & Stats: Closed (11) + Under Contract / Pending (11) The Estin Report: Sep 2017 Aspen Real Estate Monthly Snapshot has been posted in… Read More

Last week’s sales activity is published below. March 2013 Snapshot sales figures and Q1 2013 report will be released in early April. Scroll down page for photos and details of weekly solds and under contract /pending… 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… Read More

The Estin Report:2nd Quarter and 1st Half 2016State of the Aspen Market with narrative, charts, tables photos was posted inCurrent Reportsas PDF… Read More

The Estin Report: May 2017 Aspen Real Estate Monthly Snapshot was posted in Current Reports on Mon. June 5th. The Snapshots are usually posted on or near the 1st Monday of the month.

Excerpt:
"There is a night and day difference between May 2017 and the same time last year. The market appears to be firing on all cylinders heading into the summer selling season. A statistic that says it all: there were (15) Aspen single family home sales in May 2017 versus (2) in May 2016, +650% (Pg 6)...One very significant investor group that currently has about 15-18 projects under redevelopment and for sale has bumped up select property prices 5% in the past two weeks in anticipation of a formidable summer."
Estin Report: Q1 2017 & 2016 Year: State of Aspen Real Estate was released on 5/27/17 in Current Reports. The 32-Page report is available on-line as PDF and will be available in a print edition distributed in kiosks around town and at the airport on June 15th.

"Flip Job" Examples: See recent Before/After Redevelopmentin the Flip Jobs Section 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 (06/14/17) as additional re-sale properties come on the market at significantly higher prices.

 A "Read more" link has been recently addede under the 1st of last week's sold properties displayed below. This will improve site performance.
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Market Activity Week 24, June 4 - 11, 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 (11):  MLS#s 142982, 133641, 137984, 139156, 143702, 147674, 147748, 147794, 148392, 149372, 149374. This link is valid until 7/11/2017.

Under Contract/Pending (18): MLS#s 140598, 144288, 144449, 146800, 146808, 146958, 147064, 147917, 147919, 147936, 148370, 148618, 148763, 148772, 148773, 148859, 149130, 149181. This link is valid until 7/11/2017.

Aspen Snowmass Solds Last Week:  

MLS #142982 - Central Core, 910 E Cooper Avenue, Aspen, CO. Sold Price: $4,350,000/$1,548 sq ft; furnished. More details below photos.
     
MLS #142982 - Central Core Half Duplex, 910 E Cooper Avenue, Aspen, CO. Sold Price: $4,350,000/$1,548 sq ft; furnished. Aspen duplex/half-duplex for sale. Ask Price: $4,650,000. (Original Price: $5,000,000 and 451 days on the market since 03/08/2016.) This is a 1997 built, 3 bedroom/3 bath/1 half-bath, 2,810 sq ft duplex/half-duplex with 2 car garage. Broker comments are "Leave the cars in the garage as this light and bright half duplex lies within walking distance to everything Aspen has to offer. Features include upper floor living with vaulted ceilings, alder cabinets, central AC, wet bar, granite counters, 2-car garage, caretaker unit, multiple decks and a low maintenance exterior." 2015 taxes: $9,823. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/04/2017; Sold Date: 06/02/2017. (Photos and broker comments courtesy of Aspen Snowmass Sotheby's International Realty-Hyman Mall) Read More

Aspen Real Estate Market  Last Week's Sales: March 9 - 16, 25 - Week 11 Read More

June 10 – 17, 2018 Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (9) + Under Contract / Pending (7) May 2018 Aspen Real Estate Market… Read More

In Apr 2025, there were (4) off market Aspen sales at extraordinary prices:  (3) were over $50M and (1) was  $33M. (Click table image to enlarge.) While these sales "before the MLS"  do not get factored into average and median MLS sold price metrics, they are considered as markers and they do affect an upward price momentum in the market - at least for high-end, ultra luxury properties.
Given the general “uncertainty” prevalent in financial markets, and the media reporting of real estate sales falling through across the country, these sales deserve attention supporting the uniqueness and strength of our marketplace. Perhaps testament to hard assets, specifically Aspen real estate, gaining traction, confidence, over paper.
Property specific notes:
>270 Heather Ln Sells Before MLS at $53.3M/$7,517 SF
Built 2021, 6 Bdrm/7.5 Ba  on one level on 1-acre bordering open space in the Meadowood Subdivision and walkable to Aspen District Schools.
>400 & 410 Lake Ave, premier West End location and street address, Lake Ave, with main and guest houses :  5,795 sf +1,708 sf = 7,503 sf
Lot size: 28,049 + 6,007 = 34,056 sf
These April sales reinforce what I wrote in early April for my Q1 & Mar 2025 Bottom Line: https://www.estinaspen.com/real-estate-market/q1-mar-2025-aspen-snowmass-real-estate-report/
"March was exceedingly strong with some very high-end sales in both Aspen and Snowmass Village. There were record price per sq ft sales in Aspen and record sale prices in SMV. The trend has been upwards as sold price per sq ft in the $5,000—$7,000 sf range becomes more frequent and “normalized’. The price pull continues upward. Whereas these sales used to be considered ‘outliers’ a year ago, their increasing frequency makes it more difficult to separate out, and they become a part of the overall pricing mix. In the past year, there have been (7) legit home sales in the $6-7,000 sold price per sf range. (This is excluding older homes purchases where at least 80%+ of the value is in the land.) Hence, prices are rising.
Reasons?
1.  Aspen inventory of properties for sale remains at historically low levels;
2)  Sales of new built single family homes are ‘pulling’ all home prices upwards
3)  An increasingly restrictive land use code
4)  The time to plan, design, build a new Aspen home is easily 4-5 years. In Snowmass Village, the construction  “climate” is somewhat more relaxed,  and likely to be  less time onerous, but still 3-4 yrs.
5) Rising construction costs and labor competition
6) Escalating land costs and few quality choices, driving A+ locations stratospheric and the rest follow…"
Aspen Real Estate Market  Last Week's Sales: April 27 - May 4, 25 - Week 18 Read More

On April 2, 2014, The Estin Estin report released March 2014 Market Snapshot of Aspen Snowmass Real Estate in the current reports section. The monthly snapshots are released on or near the 1st Monday of each month. Read More

Aspen Real Estate Market  Last Week’s Sales: Apr 14 – 21, 19 – Week 15 Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (12) + Under… Read More