Aspen Real Estate Blog

The below statistics from Land Title demonstrate a steady recovery to our resort market. September 2011 increased 38% for dollar volume and up 38% for transactions over September 2010. Year to date our market is up 19% over 2010 sales figures for dollar volume and 17% for transaction activity.  Please review the summary recap below:  Read More >>

For the month of November 2011, there were 4 significant sales in Aspen that included 501 West Buttermilk Road that sold for $6 million, 9 Pyramid Road for $8.67 million, 151 Nighthawk Drive on Red Mountain for $15 million, and 24 Little Cloud for $16.05 million. All sales were 5 plus bedrooms and over 7,500 square feet.  This year for 2011 there have been a total of 22 luxury home sales over $8 million.

Overall there were 19 residential sales that closed at 86% of list price at $981.00 per square foot for the month of November.  There are currently 43 additional properties at an average price of $2.4 million that are under contract.  Aspen / Snowmass real estate continues to perform remarkably amidst economic uncertainty and global unrest.   Read More >>