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The Estin Report: Last Week's Sales and Aspen Snowmass 2010 Year End Summary

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Mason Morse Aspen broker Tim Estins complete AspenRealEstateBlog is released Monday mornings at his website and at times during the week. These postings at MM are likely to be condensed because of his tech limitations. For the latest Aspen real estate news, sales statistics and market activity, follow him on twitter @EstinAspen ...Tim welcomes your business, inquiries and comments.

Link to The Estin Report: Aspen Snowmass 2010 Year End Summary released 12/24/10

Last Week's Market Highlights - Aspen and Snowmass Real Estate Sales and Under Contract Activity: Last week's real estate sales activity appears below for the upper Roaring Fork Valley for all property types over $250,000 excluding fractionals in Aspen, Snowmass Village, Woody Creek and Old Snowmass (although Residences at Little Nell and Dancing Bear are included due to their higher fractional price points). Because the MLS links below expire after 30 days, photos and written descriptions of the closed properties are posted on his website to keep an archive of sold market activity.

Spreadsheet Summary of Last Week's Aspen Real Estate Sales and under contract activity, see The Estin Report: Aspen Snowmass Weekly Sales Statistics, Dec. 26 - Jan. 2, 2011

Featured Aspen Sold Property Last Week

MLS# 116912 - 1375 Red Mountain Road, Aspen, CO: Sold Price: $14,000,000/$1,346 sq ft; Ask Price: $19,950,000/$1,918 sq ft. (Original price: $28,000,000 and 975 days on market since 2/13/08).This is a 2007 built 6 bedroom/6 bath/4 half bath, 10,398 sq ft contemporary home on Red Mountain overlooking the town of Aspen and with 180 degree big mountain views - one of Aspen's premier neighborhoods.Broker comments, "This gracious new 6-bedroom home has breathtaking 180-degree views and is perfect for entertaining! Superior high-end finishes and an open floor plan with unobstructed vistas from every room make this a top choice to show to your most discriminating buyers. Special features--all showers are steam, wine room, media room, numerous wet bars, Chef's kitchen, fireplaces, stone terraces, full outdoor kitchen, waterfall, infinity-edge pool, spa, and more! " 2009 Taxes: $28,470 Yr. Under Contract Date: 12/27/10 Sold Date:12/30/10 (Photos and description courtesy of SDS Real Estate, Inc.)

Closed (8): MLS'#s 116912, 111903, 119272, 115147, 116345, 107928, 116466, 111195. This link to MLS photos and details is valid for 30 days until 1/31/2011.

Under Contract / Pending (1): MLS# 119101. This link to MLS photos and details is valid for 30 days until 1/31/2011.Photos and descriptions of pending properties are not posted unless special circumstances dictate.

Disclaimer: The statements made in The Estin Report represent the opinions of the author not Mason Morse Real Estate. They should not be relied upon exclusively to make real estate decisions. Information concerning particular real estate opportunities can be requested from Aspen broker Tim Estin at 970.920.7387 or email. A potential buyer is advised to make an independent investigation of the market and of each property before deciding to purchase. To the extent the statements made herein report facts or conclusions taken from other sources, the information is believed by the author to be reliable. However, the author makes no guarantee concerning the accuracy of the facts and conclusions reported herein. The Estin Report is copyrighted 2011 and all rights are reserved. Use is permitted subject to the following attribution: "The Estin Report: State of the Aspen Market by Tim Estin mba, gri, www.EstinAspen.com". ________________________________________________________________________

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