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The Jan 2017 Aspen Snowmass Real Estate Monthly Market Snapshot has been postedinCurrent Reports.The Monthly Snapshots are usually posted on or near the 1st Monday of the month. The Q4 and Year 2016… Read More

The Estin Report:May and YTD 2016 Aspen Snowmass Real Estate Market Snapshot was released June 7, 2016inCurrent Reports. The Monthly Snapshots are posted on or near the 1st Monday of the month. Excerpt:… 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

The Estin Report: Feb 2016 Aspen Snowmass Real Estate Market Snapshot was posted 03/02/16 inCurrent Reports.The Monthly Snapshots are released on or near the 1st Monday of the month. See recent Before/After redevelopment… Read More

Dec 24 - 31, 2017 Estin Report: Last Week's Aspen Snowmass Real Estate Sales & Stats: Closed (7) + Under Contract / Pending (8)
New in Charts in Current Reports:
12/23/17: Charts: 2017 Aspen Sales by Neighborhood and Property Type and Downtown Condos Fly High - new charts to be included in my year end 2017 report to be released soon.

11/20/17: Where are we now? Chart Series: 2006 – Q3 2017 Historic Pace of Aspen and Snowmass Village Dollar and Unit Sales (updated every quarter).

Clients often ask, “Where are we now compared to the Great Recession…?” My interest in creating this series of charts is to answer that question for myself and to offer a visual reference for that conversation – to compare Aspen and Snowmass Village sales activity now to pre-recession mid-2000’s levels...Read more

Estin Report: Nov. 2017 Aspen Snowmass Market Snapshot was posted on Dec 6th in Current Reports.
Nov 2017 Bottom Line
Nov 2017 continues the strong performance we’ve experienced throughout the year. We are close to beating the record year 2015.
Standout categories for the month of November are:
1) Aspen condo sales up 31% YTD while inventory of available listings is off -29%. In the 3-mos sales period from Sep-Nov 17, the avg condo/townhome sold at $1,731 sq ft over $1,346 in the same period Nov 2016, +29%.2) Value outside Aspen Core: an example of excellent values away from the Aspen Core, Starwood had (3) sales Sep-Nov 2017 at an avg $610 sq ft vs $830 sq ft same period a year ago, -26%.  The caveat: these sales were for older homes selling essentially at lot value, but for reference, compare this to the avg. (3) downtown SF home sales at $2,227 sq ft in the same period.
3) Snowmass Village values: SMV has been very active in Nov 17 with (16) sales vs (7) last year, +129%; dollar sales even better – $29.7M vs $6.9M, +331%. Of (4) Ridge Run SFH sales Sep-Nov 17, the avg sale was $635 sq ft vs $1,095 same period last year. SMV opportunities continue…In general, prices are similar, if not down incrementally, from last year. Read More

Aspen broker Tim Estin’s blog, AspenRealEstateBlog.com, is released Monday mornings and sometimes in-between. The Estin Reports are released quarterly, annually and special reports. For blog archives, scroll down to bottom of this page and search by date or topic; for Aspen Real Estate News… Read More

Aspen Real Estate Market  Last Week’s Sales: Jul 12 – 19, 2020 – Week 28 Closed (6) + Under Contract / Pending (39).  [To view the new blog post, you may have to “Clear your Browser Settings”. Go to: Chrome browser/more tools/clear browsing data.]   07/20/20 Bottom Line:… 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 29, July 9 - 16, 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 (5):  MLS#s 149973, 144834, 146108, 141344. This link is valid until 8/15/2017.

Under Contract/Pending (17): MLS#s 148348, 147202, 147620, 149626, 144258, 145521, 146159, 148077, 149497, 149573, 147009, 149702, 149552, 149527, 148929, 125883, 125884. This link is valid until 8/15/2017.

Aspen Snowmass Solds Last Week:  
MLS #149973 - 230 E Hopkins commercial building in downtown Aspen, Central Core. Sold Price: $11,275,000/$1,442 sq ft. More details below photo.

MLS #149973 - Townsite of Aspen, Central Core, 230 E Hopkins Avenue, Aspen, CO. Sold Price: $11,275,000/$1,442 sq ft. Aspen commercial industria for sale. Ask Price: $11,275,000. (Original Price: $11,275,000 and 63 days on the market since 05/10/2017. According to public records, the for sale by owner (FSBO) was Mountain Forge LLC, an investor group associated with William E. Boehringer of WEB Capital, who paid $8.5M in 07/11/16; the buyer is Hexagon 360 LLC with Paul B. Edgerley as principal, a senior advisor and former managing director at Bain Capital,) This is a 1963 built, 7,820 sq ft commercial industria on a 6,000 sq ft lot. See P & Z article on the property's redevelopment. A prior listing broker comments were, "Excellent corner investment building in downtown Aspen with 4 commercial tenants and one apartment, plus parking spaces. Opportunity for upside in this Mixed-Use Zone adjacent to ''restaurant row'' and the Commercial Core Zone, right across from Francis Whitaker Park. Good views of Aspen Mountain. Total SF per Assessor is 7,820." 2015 taxes: $62,046. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 05/10/2017; Sold Date: 07/12/2017. (Broker comments courtesy of Listing #140060 Setterfield & Bright Real Estate and photo courtesy of Tim Estin, Broker, Aspen Snowmass Sothebys RE). Read More

Tim Estin’s weekly blog, www.AspenRealEstateBlog.com, is released Monday mornings and sometimes in-between. The Estin Reports are released annually, quarterlyand also special reports. For blog archives, scroll to bottom of this page and search by date or topic; for Aspen Real Estate News Archives, go… 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..."
The Estin Report: Mid-Year 2017: State of Aspen Real Estate was released in June 2017 in Current Reports. The 32-Page report is available on-line as PDF and 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 31, July 23 - 30, 2017
Aspen Snowmass real estate weekly sales and under contract activity appears below for the upper Roaring Fork Valley which includes all Aspen, Snowmass Village, Brush Cr Village, Woody Creek and Old Snowmass properties over $250,000 excluding fractionals. 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 the past 4 weeks. For earlier dates, use the down arrow to access blog posts archived by year and date to 2006. Or use SearchEstinAspen or the Keyword Search bar on the right of this page 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 146159, 147194, 148329, 148370, 149497, 149512. This link is valid until 8/29/2017.
Under Contract/Pending (14): MLS#s 142156, 144508, 143663, 146576, 146913, 147338, 147742, 147860, 147983, 149524, 149708, 149816, 150009, 150108. This link is valid until 8/29/2017.

Aspen Snowmass Solds Last Week:  
MLS #147194 - W/J Ranch, McLain Flats, 51 White Star Drive, Aspen, CO. Sold Price: $11,500,000/$1,650 sq ft; furnished. More details below photos.
   
 
MLS #147194 - W/J Ranch, McLain Flats, 51 White Star Drive, Aspen, CO. Sold Price: $11,500,000/$1,650 sq ft; furnished. Aspen single family home for sale. Ask Price: $13,500,000. (Original Price: $11,500,000 and 197 days on the market since 01/09/2017.) This is a 2017 built, 4 bedroom/4 bath/2 half-bath, 6,966 sq ft single family home with 2 car garage on a 7.8 acres lot. Broker comments are "Drawing on their 55 years of home building expertise, Richard Wax & Associates offers their latest Star View property at White Star Ranch Estates. The brand new and distinctive contemporary estate is strategically set on over 7 acres with a private gated entry, abundant trees, Salvation Ditch water, magnificent pond, and amazing views of Snowmass, Aspen Highlands and Buttermilk ski areas. With no roundabout or airport traffic, direct access via McLain Flats Road to downtown Aspen, and exclusive use of the White Star HOA open space for horseback riding, cross country skiing and more, the mountain lifestyle is just outside your door!" HOA Dues: $8,912 per Yr. Under Contract Date: 07/21/2017; Sold Date: 07/25/2017. (Photos and broker comments courtesy of Aspen Snowmass Sotheby's International Realty-Hyman Mall) Read More

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… Read More

The Estin Report: The 4th Quarter and Year 2014 State of the Aspen Real Estate Market was released online Feb 7th inCurrent Reports.The print edition is available in racks around town and at Sotheby’s offices at 415 Hyman… Read More