May 2012

Aspen Sale May 1, 2012

Aspen Sale May 1, 2012

1118 Waters Avenue

Aspen

$2,750,000

$1,244 per square foot

Three bedrooms/two baths

Asking price $3,095,000

89% of asking price

Photo by Gary Feldman

Posted by gary on May 02, 2012 in
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Aspen Sale May 1, 2012

Aspen Sale May 1, 2012

Black Swan, Unit A

851 Ute Avenue, Aspen

$2,725,000

Four bedrooms/four baths

$901 per square foot

Asking price $2,825,000

96% of asking price

SOLD BY JOSHUA & CO

Photo by Gary Feldman

Posted by gary on May 02, 2012 in
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Land Title's March, 2012 Summary of Pitkin County Property Sales

Land Title's March, 2012 Summary of Pitkin County Property Sales

Summary for the month of March

  • $104,686,039 - total dollars for March, an increase of 18% from March 2011
  • 48 - total transactions for March, a decrease of 29% from March 2011
  • Through March, dollars total $246,703,083, a decrease of 15% from same time period last year
  • Through March, transactions total 149, a decrease of 24% from same time period last year
  • Aspen posted 20 transactions ($81.5 million), Snowmass Village 9 ($15.5 million), Interval Units 8 ($4 million), Basalt 6 ($2.7 million), Carbondale 2 ($920,000).  The remaining 3 transactions were quit claim transfers with doc. fees totaling $3,000.
  • There were 5 bank sales (bank as the grantor) for the month, totaling $7.3 million.  This accounted for 10% of the transactions and 7% of the dollars; (Basalt - 2, Aspen -1, Carbondale - 1, and Snowmass Village - 1)
  • Through March, there have been 13 bank sales, totaling $10.2 million.  This accounts for 9% of the transactions and 4% of the dollars
  • The most notable sale for March was for Dancing Bear Residences - totaling $24.2 million
  • The average single family home sold price through March is $3,409,981 a decrease of 17% from full year 2011
  • The median single family home sold price through March is $2,550,000, an decrease of 9% from full year 2011
  • Interval dollar volume for March was down 12% from March 2011, with a total of $4,032,000
  • Interval transaction volume for March was down 53% from February 2011, with a total of 8
  • Interval transaction breakdown for March:  Residences at Little Nell - 2, Residences at Snowmass Club - 2, Ritz Carlton - 1, Hyatt Grand Aspen - 1, and Timbers Club - 1
  • Through March, interval dollar volume is down 41% from same period 2011 with a total of $11,319,400
Through March, there have been 32 interval transactions, a decrease of 55% from same time period 2011
Posted by gary on May 01, 2012 in
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