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Colorado Resort Homes Sell at Slower Pace, Lower Prices, DP
A different type of value hunter is propping up the market in Pitkin County. The county as a whole endured a flat year, but the high-end markets in Aspen and Snowmass Village saw dollar volume climb 15 percent and transactions climb 25 percent. The two tony enclaves saw 16 sales over $10 million in 2011, compared with only 10 in 2010."High-end buyers realized they could get great value," said Aspen broker Tim Estin, who writes a quarterly market analysis called the Estin Report. "What was once $30 million was selling for $15 million or $20 million." Signs for January 2012 are varied. San Miguel County saw the slowest January in several years, with 24 sales stirring only $9.6 million, compared to January 2011's 33 sales worth $25.3 million. But Aspen-Snowmass saw a very strong January, with 29 deals worth $98.26 million. That's up from 20 deals worth $79.48 million in January 2011, a month that floated hope for a rebound after a dismal 2010. "But back in January 2011, there was just as much positive news as this past January, so while I'm optimistic, things could be derailed just as they were last year," Estin said. By Jason Blevins, March 4, 2012, Denver Post Read More
The Estin Report Aspen Snowmass Weekly Real Estate Sales and Statistics: Closed (8) and Under Contract (11): Feb 26 – Mar 04, 12
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The Estin Report Aspen Snowmass Weekly Real Estate Sales and Statistics: Closed (3) and Under Contract (6): Feb 19 – 26, 12 – Two bank sales.
Scroll down page for prior week’s market activity. If you like this site, please click the “Like” button above. THE ESTIN REPORT: STATE OF THE ASPEN REAL ESTATE MARKET 2011 YEAR AND 4TH QUARTER released Jan… Read More
The Estin Report Aspen Snowmass Weekly Real Estate Sales and Statistics: Closed (3) and Under Contract (4): Feb 12 – 19, 2012
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The Estin Report Aspen Snowmass Weekly Real Estate Sales and Statistics: Closed (2) and Under Contract (6): Feb 05 – 12, 12
Scroll down page for prior week’s market activity. If you like this site, please click the “Like” button above. RELEASED JAN 9. 2011: THE ESTIN REPORT: STATE OF THE ASPEN REAL ESTATE MARKET 2011 YEAR AND 4TH QUARTER… 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. (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
The Estin Report Aspen Snowmass Real Estate Weekly Market Update: Closed (9) and Under Contract(12): Jan 29 – Feb. 5, 12
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The Estin Report Aspen Snowmass Weekly Real Estate Sales and Statistics: Closed (6) and Under Contract / Pending (6): Jan 22 – 29, 12
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Aspen Snowmass Real Estate Weekly Market Update Closed (3) and Under Contract (14): Jan 15 – 22, 2012
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The Estin Report Aspen Snowmass Real Estate Weekly Market Update Closed (7) and Under Contract (7): Jan 08 – Jan 15, 2011
Scroll down page for prior week’s market activity. If you like this site, please click the “Like” button above. RELEASED JAN 9. 2011: THE ESTIN REPORT: STATE OF THE ASPEN REAL ESTATE MARKET 2011 YEAR AND 4TH QUARTER… Read More
Aspen Snowmass Real Estate Weekly Market Update Closed (5) and Under Contract (6): Jan 1 – 8, 2012:
Scroll down page for prior week’s market activity. If you like this site, please click the “Like” button above. THE ESTIN REPORT: STATE OF THE ASPEN REAL ESTATE MARKET 2011 YEAR AND 4TH QUARTER will be released by the end of today. See draft chart:… Read More