Blog Archives: 2009

There were no closings last week, but the preceeding week – first week of July – there were (3) single family Aspen homes that closed at $11.25M, $13.5M and $43M (photo below). Those closings will be posted below again because of their significance in possibly signaling a… Read More

Market activity for the past week: Under Contract/Pending (4): 109416, 101267, 104767, 100644 (Link is valid until 8/11/09) Closings (2): 112046, 105246 (Link is valid until 8/11/09) The Estin Report:… Read More

It’s Sunday morning on this very busy weekend. I’m working on a number of blog items, in addition to showing a lot of properties, and I will be posting the following things fairly soon: June 28 – July 5, 2008 Market Activity – posted below. Read More

Note:The Estin Report will publish 2Q2009 Aspen and Snowmass Village – State of the Real Estate Market (April 1 – June 30, 09) by mid-week of July 6th. For the recently released (6/30/09) Land Title Guarantee Pitkin County Real Estate Market Summary for May ’09, go to the Aspen… Read More

During the week of June 14 – 21th, we are starting to see new construction single family Aspen and Snowmass home closings, not perceived as of “distressed” situations, at under $1,000 sq.ft. and, more consistently, sold sf homes prices at 20-35% less than original prices from more than a… Read More

Closed (3): 109427, 108530, 107091 (This link is valid until 7/14/2009.) MLS # 109427 -720 Pines Drive, Pine at Owl Creek Subdivision, Snowmass Village. Ask Price: $10,950,000.; Sold Price: $7,925,000/$1,394 sq ft (-23% off Ask/Original Price). Beautiful Robert Trown designed 1999 ski-in/ski-out single family home, 5 Bdrm/5… Read More

Last week, Aspen and Snowmass Village real estate activity was dominated by ‘lower end’, local and “starter” Aspen home purchases. For single family homes, this means under $3M in Aspen and under $2M in Snowmass; for 1 Bdrm Aspen condos, this is under $500,000. This is a theme which… Read More

It was a very slow week with only one closing. However, this broker has had multiple buyer parties in town this week discussing timing – “is this the bottom?” – and the possibility of making what normally would be viewed as “low ball” offers. As these are not normal… Read More

Under Contract/Pending (1): 104357 MLS # 104357 – 1035 Cemetery Ln Unit A. Ask Price: $1.465M ($497 sq ft). (Original Price, 4/15/08, $1.95M. Half duplex, 6Bdrm/4Ba, 2950 sq ft, built 1967, 404 days on market. In order for this to be a redevelopment play, the other half of the… 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

May 3 – May 10, 2009 Market Activity: Closed (2) and Pending (4) Closed (2): This link is valid until 6/09/09 (109284, 109650) MLS # 109284 – 224 W. Hallam, West End single family home, 1/2 block west of Yellow Brick Schoolhouse. Ask Price: $4.95M;… Read More

April 26 – May 3, 2009 Market Activity: Closed (2) and Pending (4) Link to these (6) Listings This link is valid until 6/3/2009 Closed (2): MLS #110668 – 860 Cemetery Ln,#101 Aspen II Duplex. Ask Price: $1.5M; Sold Price: $1.475M (-46% from original price, sold… Read More