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The Estin Report: Q1 2013 State of the Aspen Snowmass Real Estate Market

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By Tim Estin mba, gri | Previews Specialist | 970.920.7387 | Coldwell Banker Mason Morse Aspen released April 20, 2013 v9.4

Click image or link to exec. summary and full report pdf

The report documents sales and market activity for the 1st Quarter 2013 (Jan. 1 - Mar. 31) for the upper Roaring Fork Valley - Aspen, Snowmass Village, Woody [...]

The Estin Report: Q4 2012 and Year 2012 State of the Aspen Snowmass Real Estate

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"2012 was characterized by a slow first six months of the year due to lack of snow, a sputtering national economy, Euro financial woes and pre-election paralysis. Contrary to years 2009 - 2011 which experienced strong first halves only to fizzle out later in the year, 2012 sales started slowly in the first half, gained strength in the 3rd Quarter 2012 based on solidifying Aspen single family home sales and surged towards the Q4 year end. "

The Estin Report: December 2012 Aspen Snowmass Real Estate Market Snapshot

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"December 2012 was the best performing December in total dollar sales for Aspen and Snowmass Village combined since Dec. 2006; it was also the best single performing month in total dollar and unit sales for Aspen and Snowmass Village combined since Oct. 2007. Capital gains, gift and estate tax changes planned for 2013 likely fueled a number of these transactions before the end of the year and trumped the uncertainty caused by the fiscal cliff debate."

The Estin Report: 3rd Quarter 2012 and Year-to-Date State of the Aspen Real Estate Market

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State of the Aspen Market, Q3 2012 Excerpt: "The 3rd Quarter 2012 proved to be remarkably strong in general but especially in the sales of Aspen single family homes. While Aspen total dollar sales account for 83% of the entire Aspen and Snowmass Village dollars combined, Aspen single family homes sales account for a whopping 56% of the total combined market dollars. Sales of Aspen homes were up 46% in dollar volume and 22% in unit sales for the 3rd Quarter over the same period last year. Single family home pricing pressure appears to have eased through the 3rd Quarter 2012: median prices, generally a more accurate indicator of pricing trends as average prices can be skewed disproportionately by very high or low sold prices, are up marginally, 3% , to $3.8M in Q3 2012 versus $3.7M last year same time; single family home price per sq ft increased +13% to $1,013 sf in Q3 2012 from $899 sf same time last year arresting the downward trend of the past 4 years. Both metrics median prices and price per sq ft can be seen as positive signs of home price stabilization."

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

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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 [...]

The Estin Report Aspen Snowmass Weekly Real Estate Market Update: Closed (12) and Under Contract (8): Apr 8 - 15, 2012

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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 [...]

The Estin Report Aspen Snowmass Weekly Real Estate Sales and Statistics: Closed (5) and Under Contract (5): Mar 18 - 25, 2012

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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 [...]

The Estin Report Aspen Snowmass Real Estate Weekly Market Update: Closed (4) and Under Contract (1): Mar 4 -11, 2012

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"Comparing MLS data for the last four Januaries, broker Tim Estin with Coldwell Banker Mason Morse found increases in both dollar volume and number of transactions every year. This January saw more than four times the number of sales in the upper Roaring Fork Valley (Aspen, Snowmass Village, Woody Creek, and Old Snowmass) than in January 2009. And dollar volume has gone up appreciably: 14 percent in January 2010, 145 percent in January 2011, and 24 percent in January 2012." March 11, 2012, Aspen Business Journal.

The Estin Report Aspen Snowmass Weekly Real Estate Sales and Statistics: Closed (3) and Under Contract (4): Feb 12 - 19, 12

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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 [...]

The Estin Report Aspen Snowmass Real Estate Weekly Market Update Closed (6) and Under Contract (6): Jan 22 - 29, 12

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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 Report: State of the Aspen Market is available there. These CBMM postings are condensed. For the latest Aspen real estate news, sales statistics and [...]

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