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The Estin Report: Aspen Snowmass Weekly Sales and Statistics: Closed (5) and Under Contract (7): Sept. 4 - 11, 11

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Mason Morse Aspen broker Tim Estins complete AspenRealEstateBlog.com is released Monday mornings at his website and at times during the week. These MM postings are condensed. For the latest Aspen real estate news, sales statistics and market activity, follow him on twitter @EstinAspen . Tim welcomes your business, inquiries and comments. Email him or call 970.920.7387.

See "Sales of Colorado Mountain Resort Homes in July Lowest in Years", 09/09/11 Business Section, Denver Post See "Mega-mansion Deals Spur Rebound in Aspen Market" , 07/17/11 Sunday Business, Grand Junction Sentinel Link to The Estin Report: 1st Half 2011 State of the Aspen Market (released 07/14/11)

Last Week's Market Highlights - Last week's Aspen Snowmass sold and under contract properties and market activity appears below for the upper Roaring Fork Valley for all property types over $250,000 in Aspen, Snowmass Village, Woody Creek and Old Snowmass excluding fractionals. Because the MLS links below expire after 30 days, photos and written descriptions of featured closed or, in some cases, under contract properties are posted at my website to preserve an archive of sold market activity.

Under Contract / Pending (7): MLS #119387, 114962, 118801, 117046, 122164, 115609, 107704. This link is valid for 30 days until 10/10/2011.

Closed (5): MLS # 118982, 122641, 120009, 122171, 116098. This link is valid for 30 days until 10/10/2011.

Featured Old Snowmass Sold Property Last Week

MLS #116098 - Old Snowmass creekside home, 201 Capitol Creek Road Snowmass, CO: Sold Price: $1,495,000/$714 sq ft unfurnished.

MLS #116098 - Old Snowmass creekside home, 201 Capitol Creek Road Snowmass, CO: Sold Price: $1,495,000/$714 sq ft unfurnished ; Ask Price: $1,695,000/$810 sq ft. (Original Price:$2,495,000 and 1,377 days on the market since 05/17/07.) This is a 2004 built, 3 bedroom/3 bath, 2,093 sq ft home on 1.27 acres. The broker's comments are, "Enjoy the serenity of creek-side living in this exquisite custom cabin. This home is cozy for a couple or roomy enough for the family, with three bedrooms and three private baths. The home features a chefs dream kitchen, with custom cabinets, top of the line appliances, maple block and stainless steel counter tops. The great room features an impressive 25 foot ceiling with reclaimed beams and a gorgeous field stone fireplace. Relax on the covered outdoor porch with gas-assist wood burning fireplace for entertaining while enjoying the sights and sounds of Capitol Creek on the edge of your landscaped yard. Sale includes plans recently approved by Pitkin County for an attached two car garage with a one bedroom suite above that adds great value to this outstanding property." 2009 Taxes: $8,504 Yr. Under Contract Date: 08/02/11; Sold Date: 09/06/11. (Photos and description courtesy of Mason Morse Real Estate - Aspen.)

Disclaimer: The statements made in The Estin Report and on Tim Estin's blog represent the opinions of the author not Mason Morse. They should not be relied upon exclusively to make real estate decisions. A potential buyer and/or seller is advised to make an independent investigation of the market and of eac property before deciding to purchase or to sell. 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. Information concerning particular real estate opportunities can be requested from Tim Estin at 970.920.7387 or by email. The Estin Report is copyrighted 2011 and all rights reserved. Use is permitted subject to the following attribution: "The Estin Report: State of the Aspen Market, By Tim Estin, mba, gri"


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