In the upper valley market, from Aspen to Old Snowmass and including Snowmass Village, the number of sales—235—is even with last year through September, according to Tim Estin, a broker with Coldwell Banker Mason Morse who does his own monthly and quarterly reports. Overall dollar volume is down 12 percent, mainly due to 30 percent fewer big-ticket sales this year, which Estin claims accounts for almost the entire dollar volume difference between this year and last.
ASPEN Real Estate — September was the strongest month of 2012 so far in real estate transactions in Pitkin County, both in dollar volume and number of sales, according to the latest report from Land Title Guarantee Company…The $232.4 million worth of real estate that changed hands [in September 2012] is close to the dollar volume of September 2006, a high-water-mark year—but it also includes the $90 million Snowmass Base Village transaction, which closed at the end of the month. Without the year’s priciest transaction, dollar volume would be only slightly higher than the $137.7 million that changed hands in September 2011.
By Catherine Lutz, Nov. 7, 12 ADN
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2007 Map of Proposed Snowmass Base Village buildout planned to be completed 2012/2013 winter season