Aspen Real Estate Market Ā Last Weekās Sales: Jul 5 – 12, 2020 – Week 27 Closed (11) + Under Contract / Pending (27).Ā [To view the new blog post, you may have to āClear your Browser Settingsā. Go to: Chrome browser/more tools/clear browsing data.]Ā Ā 07/13/20 Bottom Line:… Read More
Use this site as an Aspen real estate resource. The Estin Report has been accumulating Aspen real estate information online since 2005, and the reports include historical market information dating back to 2003-2004. Search by MLS #, date, topic, address, condo complex, development name, etc. If it is Aspen Snowmass real estate related, it is likely to be here.
Aspen Club 2 Bedroom Condos Built in 1976 Sells for $2.3M/$1,150 Sq Ft
Mar 11 – 18, 2018 Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (5) + Under Contract / Pending (13) Feb 2018 Aspen Real Estate Market Reports –… Read More
Monthly Aspen Real Estate Update: Feb ’12 Steep Decline after Jan ’12 rise, ABJ
The ābig news,ā said Coldwell Banker Mason Morse Aspen broker Tim Estin, āis the dramatic fall off in activity for the month of February compared to the prior month and the prior year.ā Estinās monthly analysis found just 14 real estate sales in the upper valley in February 2012, totaling $30.65 million. Thatās compared to 23 sales of $105 million in February 2011, and 23 sales of $80.61 million in January 2012. It was the weakest February in the last four years since the economic downturn began in terms of dollar volume...Despite positive national economic news and building consumer confidence, Estin guessed that there were three main culprits for the February drop-off: lack of snow locally, the specter of a Greek default continuing global uncertainty, and Wall Street bonuses for 2011 being down by 20 to 30 percent. By Catherine Lutz, March 11, 12, ABJ Read More
Older Home at 437 Meadowood on 1/2 Acre Bordering Open Space Closes at $6.82MM/$1,252 SF
Aspen Real Estate Market Ā Last Weekās Sales: Aug 25 – Sep 1, 19 – Week 35 Closed (16) + Under Contract / Pending (9). The July 2019 & YTD Aspen Real Estate Market Snapshot has been posted inĀ … Read More
ASPEN SALES RECORD – 421 WILLOUGHBY WAY SELLS AT $72.5M AS BUYER MAKES 3 TRADES IN 6 MONTHS
Aspen Real Estate Market Ā Last Weekās Sales: Jun 13 – 20, 21 – Week 25 Closed (13) + Under Contract / Pending (14).Ā [To view the new blog post, you may have to āClear your Browser Settingsā.Ā Go to:… Read More
New Contemp. Aspen Home at 34 Placer Lane on Red Mtn Front Bench Closes at $31.85M/$3,190 SF
Aspen Real Estate Market Ā Last Weekās Sales:Ā Aug 16 – 23, 2020 – Week 33 Closed (18) + Under Contract / Pending (42).Ā [To view the new blog post, you may have to āClear your Browser Settingsā. Go to: Chrome browser/more tools/clear browsing data.]Ā Ā 08/24/20 Bottom Line:… Read More
Aspen Real Estate Report: Improvements but with Caveats in 2011, ABJ
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. (Estinās 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 donāt get in now you have missed out on some sort of bottom,ā he added. āEven with continued price pressure buyers will have missed out on some really quality properties." By Catherine Lutz, Feb. 6, 2012, ABJ Read More
“Looking Up at Last” – Merrill Lynch Wealth Mgmt Luxury Home Report
Published by Merrill Lynch Private Banking and Investment Group, Oct. 25, 2012 An exclusive city-by-city analysis of the high-end residential real estate market suggests that those waiting for a meaningful recovery to set in need wait no longer. Click for Report pdf Resort Report Mixed Excerpt: Venerable high-end resort towns, while too small to be included in Merrill Lynch's survey of Zillow data, share the same long-term appeal of properties in Manhattan or San Francisco: a natural supply limit. As Michael Feder, president and CEO of research and analysis firm Radar Logic Inc., puts it, "They aren't making new oceanfront property in the Hamptons anymore." That's not to say such areas weren't hit hard during the crisis. "Prices in Aspen, Colo., dropped 25% to 40% after 2008", says Tim Estin, a broker at Coldwell Banker Mason Morse Real Estate in Aspen, Colo., and the publisher of The Estin Report, a monthly and quarterly analysis of the Aspen/Snowmass home market. Since then, the recovery has been a bit all over the map, Estin says. The total amount of money spent on Aspen homes surged 20% year over year in 2011, then retreated 37% year over year in the first half of 2012, then surged 55% this past summer. A lot of this has to do with the degree to which a very few number of very expensive homes can skew the market in an area like Aspen. For example, through the first half of 2011, 12 properties sold for more than $10 million, whereas during the same period this year, there were just five transactions of that magnitude. But perhaps a more telling statistic is the total number of units sold. That number ā which was up 26% for the summer of 2012 vs. the summer of 2011 ā suggests to Estin that while some high-end buyers may still be putting their vacation dreams on hold amid lingering uncertainties about the economy, more are recognizing that now may represent "an unprecedented opportunity" to acquire properties at prices not seen in nearly a decade. Read More
1888 Miners Cottage Transformed into Aspen Luxury Living Sells for $17M/$4,322 SF Furn
Aspen Real Estate MarketĀ Last Week's Sales: June 23 - June 30, 24 - Week 26 Read More
West End Aspen Home at 315 Lake Ave Sells for $11.5M/$2,090 Sq Ft Furnished
Aspen Real Estate Market Ā Last Weekās Sales: Mar 31 – Apr 7, 19 – Week 13 Estin Report: Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (8) +… Read More
Russian Billionaires Buy U.S. Estates as Overseas Wealth Flows, BB
International buyers purchased an estimated $82 billion worth of U.S. homes in the 12 months ended March 31, a 24 percent increase from the year-earlier period, the National Association of Realtors reported May 18…Foreign buyers are also turning to resort locales such as the ski area of Aspen, Colorado,… Read More
The Estin Report Aspen Snowmass Real Estate Weekly Market Update: Closed (3) and Under Contract (2): Dec 18 – Dec 25, 2011
THE ESTIN REPORT: HOLIDAY 2011 YEAR-TO-DATE STATE OF THE ASPEN MARKET IS IN PROCESS AND WILL BE RELEASED SOON. Tim Estin is an active Aspen real estate broker with Coldwell Banker Mason Morse located in the center of Aspen. This blog,… Read More