July 2012

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

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

Summary for the month of June

  • $147,102,867 - total dollars for June, a decrease of 15% from June 2011
  • 64 - total transactions for June, an decrease of 3% from June 2011
  • June was the strongest month thus far in 2012 in both dollars and transactions
  • Included in June's numbers was a $41 million sale in Starwood Ranch
  • Through June, dollars total $593,606,078, a decrease of 16% from same time period last year
  • Through June, transactions total 334, a decrease of 14% from same time period last year
  • Aspen posted 28 transactions ($101.7 million), Interval Units 12 ($5.4 million), Snowmass Village 9 ($9 million), Woody Creek 5 ($16.7 million), Basalt 4 ($5.8 million), Old Snowmass 2 ($5 million), and Redstone 1 ($300,000).  Also included in the month's totals were 3 quit claim transfers totaling $3.3 million.
  • There were 2 bank sales (bank as the grantor) for the month, totaling $3.05 million.  This accounted for 3% of the transactions and 2% of the dollars.
  • Both bank sales were in Aspen Zone 1
  • Through June, there have been 20 bank sales, totaling $14.9 million.  This accounts for 6% of the transactions and 2.5% of the dollars
  • The average single family home sold price through June is $4,231,643, an increase of 3% from full year 2011
  • The median single family home sold price through June is $2,800,000, which is nearly even with full year 2011
  • Interval dollar volume for June was down 28% from June 2011, with a total of $5,438,405
  • Interval transaction volume for June was down 8% from June 2011, with a total of 12
  • Interval transaction breakdown for June:  St. Regis - 4, Ritz Carlton - 3, Roaring Fork Club PUD - 2, Residences at Little Nell -1, and Roaring Fork Club Suites -1
  • Through June, interval dollar volume is down 52% from same period 2011 with a total of $26,735,805
  • Through June, there have been 67 interval transactions, a decrease of 46% from same time period 2011
Posted by gary on July 31, 2012 in
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Aspen Sale July 26, 2012

Aspen Sale July 26, 2012

43399 Highway 82

Aspen

Building Site

$5,575,000

Asking price $5,950,000

94% of asking price

Photo by Gary Feldman

Posted by gary on July 30, 2012 in
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Aspen Sale July 20, 1012

Aspen Sale July 20, 1012

Glory Hole Condominiums, Unit D

Aspen

$1,550,000

Two bedrooms/two baths

$1,291 per square foot

Asking price $1,700,000

91% of asking price

Photo by Gary Feldman

Posted by gary on July 25, 2012 in
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Snowmass Sale - July 23, 2012

Snowmass Sale - July 23, 2012

33 Meadow Lane

Melton Ranch

Snowmass Village

$1,500,000

Four bedrooms/four baths

$477 per square foot

Asking price $1,950,000

77% of asking price

Photo by Gary Feldman

Posted by gary on July 25, 2012 in
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Snowmass Sale - July 20, 2012

Snowmass Sale - July 20, 2012

115 Blue Spruce Lane

Two Creeks

Snowmass Village

$6,456,500

Six bedrooms/six baths

$1,058 per square foot

Asking price $8,900,000

73% of asking price

Photo by Gary Feldman

Posted by gary on July 25, 2012 in
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Aspen Sale July 20, 1012

Aspen Sale July 20, 1012

Residences at the Little Nell

Aspen

Closing Date July 20, 2012, Unit F-410, $1,400,000

Closing Date March 28, 2012, Unit-402, %1,400,000

Closing Date May 18, 2012, UnitF-400, $2,000,000

Closing Date May 29, 2012, Unit F-208, $1,400,000

Closing Date February 29, 2012, Unit F-204, $1,400,000

Closing Date February 28, 2012, Unit F-203,  $1,050,000

Photo by Gary Feldman

Posted by gary on July 25, 2012 in
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Aspen Sale July 18, 2012

Aspen Sale July 18, 2012

Albano Condominius, Unit B

121 West Hyman

Aspen

$4,000,000

Four bedrooms/four baths

$1,371 per square foot

Asking price $4,500,000

89% of asking price

Photo by Gary Feldman

Posted by gary on July 19, 2012 in
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Snowmass Sale - July 17, 2012

Snowmass Sale - July 17, 2012

522 Pine Crest Drive

The Pines

Snowmass Village

$5,350,000

Five bedrooms/five baths

$936 per square foot

Asking price $6,499,000

82% of asking price

SHORT SALE

Photo by Gary Feldman

Posted by gary on July 19, 2012 in
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Old Snowmass Sale June 12, 2012

Old Snowmass Sale June 12, 2012

2400 Lazy O Road

Lazy O Ranch

Snowmass

$3,000,000

Four bedrooms/four baths

$502 per square foot

Asking price $3,400,000

88% of asking price

Photo by Gary Feldman

Posted by gary on July 18, 2012 in
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Old Snowmass Sale July 7, 2012

Old Snowmass Sale July 7, 2012

70 River Bend Road

Snowmass

$1,624,500

Four bedrooms/three baths

$330 per square foot

Asking price $1,895,000

86% of asking price

THIS WAS A SHORT SALE

Photo by Gary Feldman

Posted by gary on July 17, 2012 in
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