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As of  2018, developer inventory at Residences at the Little Nell is sold out and all fractional sales now are re-sales. As in most real estate transactions, prices are negotiable. A buyer or seller would want an advocate on their side to best appreciate the product, to understand… Read More

The info in this weekly blog, with the exception of my opinions, is generally available to the public from a number of sources but disseminated here at a single location. It’s my intention to report the significant week’s activity but not everything. Quality and accuracy over quantity and hype. Read More

Coldwell Banker Mason Morse Aspen real estate broker Tim Estin, who publishes a quarterly analysis of upper valley real estate sales, reported in his 2011 year-end Estin Report that the Aspen and Snowmass real estate market was up 15 percent in dollars and 25 percent in unit sales over 2010. (Estin’s analyses also include Woody Creek and Old Snowmass, but exclude fractional sales and all transactions under $250,000.)"..."The prevailing attitude is that 2012 is a significant turnaround year and if you don’t get in now you have missed out on some sort of bottom,” he added. “Even with continued price pressure buyers will have missed out on some really quality properties." By Catherine Lutz, Feb. 6, 2012, ABJ Read More

While activity has picked up, there were some notable sales last week that broke through long dormant property categories…Significantly, a single family ski-in/ski-out lot closed for $3M in Two Creeks Subdivision, Snowmass Village,This is the first Snowmass vacant lot sale since 8/23/07. (See:The Estin Report:… Read More

07.18.24 v2.9 The H1 2024 bi-annual report has been released for pdf download in Current Reports. The print edition will be available late July at Aspen Snowmass Sotheby’s offices at 300 S. Spring (my office opposite the Aspen Art Museum) and 415 E Hyman Ave, around… Read More

This is the Real Estate News Feeds Section. The RSS feeds are: WSJ, The Wealth Report by Robert Franks, WSJ Second Homes, NYT Real Estate/Vacation Homes, WSJ Buying & Selling Real Estate, WSJ Developments and WSJ The Intelligent Investor amongst others to be determined. The idea here is to… Read More

The info in this weekly blog, with the exception of this writer’s opinions, is generally available to the public from a number of sources but it’s disseminated here at a single location. It’s my intention to report the significant week’s activity but not everything. My focus is on the… Read More

Vail, Colorado. On a December afternoon, skiers zip down the slopes of this high-end Colorado ski resort, blissfully unaware of the country’s woes as they maneuver tricky mogul fields and shush the snowy bowls. Not far away, six massive cranes and dozens of construction workers were… Read More

… Overall, Aspen real-estate values shot up during Covid, with a string of $30 million-plus deals. During the first half of 2024, the number of Aspen home sales rose 24% from the same period of last year, according to Tim Estin of Aspen Snowmass Sotheby’s International Realty. The median… 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. The June Market Snapshot will be… Read More

Aspen Real Estate Market  Last Week’s Sales: Jan 10 – 17, 21 – Week 3 Closed (7) + Under Contract / Pending (22).  [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

Dec 3 - 10, 2017 Estin Report: Last Week's Aspen Snowmass Real Estate Sales & Stats: Closed (12) + Under Contract / Pending (11)
New in Current Reports 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

The 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 17 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 sale 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