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The Estin Report: Aspen Snowmass Weekly Sales and Statistics: Closed (6) and Under Contract (9): Sept. 11 - 18, 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 . He welcomes your business, inquiries and comments. Email him or call 970.920.7387.

Last Week's Market Highlights - Aspen Snowmass Real Estate Sales and Under Contract Activity: Last week's real estate sold and under contract 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 closed properties with excellent photography are posted here to preserve an archive of sold market activity. For past sales, scroll to page bottom and search by time period.

Under Contract / Pending (9): MLS #118577, 117735, 121457, 115057, 122056, 119280, 113700, 122477, 122265 Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate. This link is valid for 30 days until 10/18/11.

Closed (6): MLS #108084, 118988, 121183, 120907, 121870, 120904. This link is valid for 30 days until 10/18/11.

Featured Sold Aspen Property Last Week MLS #108084 - single family home, 36 Glen Garry Dr: Sold Price: $8,812,500/$664 sq ft furnished ; Ask Price: $11,900,000. (Original price $14,995,000 and 1,147 days on the market since 11/04/08.)

MLS #108084 - single family home, 36 Glen Garry Dr: Sold Price: $8,812,500/$664 sq ft furnished; Ask Price: $11,900,000. (Original price $14,995,000 and 1,147 days on the market since 11/04/08.) This is a 2002 built, 13,264 sq ft home on 2.15 acres with 3-car garage. The brokers comments are, "Magnificent 7 bedroom, 9 bath Aspen Highlands estate with ski-in access. Situated on 2.15 landscaped acres with mature trees and large fishing pond. Cathedral ceilings with massive timber beams, antique hardwood floors, doors and trim with high quality finishes throughout. Wood paneled library/office, great room with 25' ceilings, dining room, bar/game room , gourmet kitchen, old world wine cellar and tasting room and caretaker apt with separate entrance. A.C. Ideal as a family home or corporate retreat.Directions: Maroon Creek Rd towards Aspen Highlands. 2nd left after ARC onto Glen Garry. 2nd driveway on right." (Photos and description courtesy of Joshua & Co.)

Links to recent market articles and report:

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

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 each 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, www.EstinAspen.com"

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