Luxury Market

The Estin Report: Aspen Snowmass Real Estate Weekly Sales and Statistics: Closed (6) and Under Contract (9): Oct. 2 - 9, 2011

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In the ultra high luxury Aspen home market above $10M, unit sales increased +71% in Q1-Q3 2011 to 12 this year from 7 in Q1-Q3 2010, and +91% in dollar sales to $174.5M this year from $91.5M same period last year. The over $10M sold market represents 16% of the Aspen single family home market. In the first half of the year, there were (11) Aspen home sales over $10M that generated much national media attention. In Q3 2011, there has been only (1) Aspen home sale over $10M.

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