Aspen Real Estate Blog

The big real estate news for February 2012 was regarding exciting changes with Morris & Fyrwald / Sotheby’s International Realty and Chaffin Light real estate.   As was reported in the local press, Morris & Fyrwald / Sotheby’s International Realty merged with Chaffin Light Real Estate to create the strongest real estate company in the Aspen / Snowmass and Roaring Fork Valley real estate market.  The new company is known as Aspen / Snowmass Sotheby’s International Realty.  Read More >>

The 2011 sales numbers from Land Title leaves us with a good prospective for where 2011 finished and what we can likely expect for 2012.  Although we did not see significant dollar volume increase, we finished with a positive gain.  2011 sales volume finished with over $1.269 billion and transactions increased 9.7% over 2010.  Please review the summary recap below: Read More >>

The below statistics from Land Title demonstrate a steady recovery to our resort market.  April 2011 was down 29% for dollar volume and up 3% for transactions over April 2010. Year to date our market is still up 8.5% over 2010 sales figures for dollar volume and 7.6% for transaction activity.  Please review the summary recap below. Read More >>

Notable sales for May 2011 include 6 sales over the $5 million mark with 4 of the sales being over $11.25 million. We also had significant sales of condominiums and townhomes in Aspen including the stand alone ski in/ ski out masterpiece known as Mountain Queen #2 that sold for $3.285 million.  Mountain Queen #2 commanded a premium of $1923.00 per square foot due to its ski in / ski out location on Aspen Mountain, and it’s state of the art finish levels including 14 foot wire-brushed larch wood walls, vaulted ceilings, white washed Aspen log accents, and Japanese soaking tub with onyx countertops.   Read More >>

February 2011 saw tremendous sales activity in the luxury segment.   There were 4 sales over $13 million dollars with 3 of the 4 sales closing over $16 million.  1560 Tiehack Road in Maroon Creek closed at $13 million from its list price of $17.5 million. Read More >>

The real estate market dollar volume for November 2010 increased 45%.  Review the sales summary below for the related details on the Aspen / Snowmass real estate markets.  Read More >>

Solid and consistent sales activity continued as the 2010 sales year came to an end. The most noteworthy sales for November 2010 were a 2.75 acre vacant lot at 69 Shady Lane for $13 million, the luxury home at 900 Waters Avenue sold for $9.2 million and the 410 S. West End luxury townhome sold for $7.2 million.  December finished out the sales year with a BANG.  Two luxury estates on Red Mountain sold for $14 million and $13.8 million respectively, and a beautiful 6385 square foot home in the West End sold for $7.1 million.  Aspen / Snowmass is a standout resort market that is experiencing the absorbing of the A plus properties and a number of buyers are stepping up on making fantastic purchases of unique properties.  Read More >>