The Estin Report Aspen Snowmass Weekly Real Estate Sales & Statistics: Closed (6) and Under Contract (5): May 20 - 27, 2012

Coldwell Banker Mason Morse Aspen broker Tim Estins complete post on the prior week's Aspen property sales is released Monday mornings at his website and at times during the week. The Estin Reports: State of the Aspen Market are available there also. These CBMM postings are condensed. For the latest Aspen real estate news, sales statistics and market activity, follow him on twitter @EstinAspen. He welcomes your inquiries, comments and business. Call 970.920.7387 or email: testin@masonmore.com

Last Week's Market Highlights - Aspen Snowmass real estate weekly sales statistics and under contract activity appears below for all Aspen, Snowmass Village, Woody Creek and Old Snowmass properties over $250,000 in the upper Roaring Fork Valley 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 a public archive of sold market activity. For past sales, scroll to page bottom and search by time period.

Market Commentary: April 2012 Monthly Snapshot (link to Charts and Tables). Monthly snapshots are published the first Monday of each month. Scroll down page for last week's sales activity.

Click image for 2012 YTD Monthly Comparison Chart and Tables

April 2012 Sold Properties Links (Links to property details and photos are valid for 30 days until June 7, 2012)

• Aspen Sold Properties includes Aspen, Woody Creek and Old Snowmass

• Snowmass Village Sold Properties

The Estin Report: Q1 2012 State of the Aspen Market Published 4/22/12

Click image for executive summary and full report pdf

Last Week's Activity

Under Contract / Pending (5): MLS #: 120322, 118304, 118234, 122056, 125326. This link is valid for 30 days until 06/27/2012. Photos and descriptions of under contracts are not posted unless special circumstances or significance dictate.

Closed (6): MLS #: 119046, 121525, 121986, 123761, 125492, 111493 This link is valid for 30 days until 06/27/2012.

Select Aspen Solds Last Week

MLS #119046 - Aspen, West End, 605 W. Bleeker Street, Aspen, CO: Sold Price: $3,700,000/$859 sq ft furnished. More details below photos.

MLS #119046 - Aspen, West End, 605 W. Bleeker Street, Aspen, CO: Sold Price: $3,700,000/$859 sq ft furnished; Ask Price: $3,995,000. (Original Price: $5,500,000 and 902 days on the market since12/02/2009.) This is an 1880 built/1999 remodeled, 4 bedroom/5 bath/1 half bath, 4,303 sq ft single family home with 1 car garage on 01. acres. Broker comments are, "Residing on a southwest corner lot in Aspen's West End, this completely renovated Victorian home features a warm contemporary interior. The residence, offering 4 bedrooms and 5 and 1 half baths, features an inviting decor and is sold completely furnished. A gourmet kitchen with island seating serves as a central entertaining area and is adjacent to the formal living and dining rooms. The upper-level office could be a fifth bedroom with an outdoor deck boasting Aspen Mountain views. A one-car garage completes the home." 2011 Taxes: $9,197. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 04/11/2012; Sold Date: 05/18/2012. (Photos and broker comments courtesy of Coldwell Banker Mason Morse.)

MLS #121525 - Aspen, West Aspen single family home, 1690 Silver King Drive, Aspen, CO: Sold Price: $4,750,000/$980 sq ft unfurnished. More details below photos.

MLS #121525 - Aspen, West Aspen single family home, 1690 Silver King Drive, Aspen, CO: Sold Price: $4,750,000/$980 sq ft unfurnished; Ask Price: $4,750,000. (Original Price: $4,995,000 and 344 days on the market since 06/16/2011.) This is a 1971 built/2001 remodeled, 4 bedroom/4 bath/1 half bath, 4,845 sq ft single family home with 2 car garage on 0.6 acres. Broker comments are, "End-of-road privacy & acres of surrounding open space make this contemporary home, set further back from the street than all the others, the envy of the neighborhood. Gorgeously landscaped with lupine, lilac, aspens and pines. Views through the trees of Highlands, Hayden, Tiehack, Buttermilk and Sopris. Renovated a few years ago and beautifully cared for and in impeccable condition. Features include a spectacular living room surrounded by decks, a gorgeous master suite with a bath equal to any of Aspens most luxurious spas, and a guest apartment with its own entry and kitchen. Easy access to a network of hiking trails. An incredibly tranquil and peaceful home." 2011 Taxes: $9,682. City of Aspen RETT Transfer Tax of approx. 1.5% payable by buyer. Under Contract Date: 03/22/2012; Sold Date: 05/21/2012. (Photos and broker comments courtesy of BJ Adams & Co.)

Disclaimer: The statements made in The Estin Report and on Tim Estin's blog represent the opinions of the author not Coldwell Banker Mason Morse. Real Estate. 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 testin@masonmorse.com. The Estin Report is copyrighted 2012 and all rights reserved. Use is permitted subject to the following attribution: "The Estin Report: State of the Aspen Market, By Aspen broker Tim Estin, mba, gri."