(Original Price: $18,995,0 days on the market since. MLS #151740 – Ridge of Red Mountain, Red Mountain, 346 Draw Drive, Aspen, CO Sold Price: $19,850,000/$2,709 sq ft furnished. MLS #170710 – Pitkin Green, Red Mountain, 1130 Willoughby Way, Aspen, CO Sold Price: $19,000,000/$2,249 sq ft unfurnished. (Photos and broker comments courtesy of Compass SMV) Sold before MLS and interior photography.” 2020 taxes: $39,782 HOA Dues: $6,000. Broker comments are “An extraordinary estate which includes two separate, legally-defined parcels: Lot 13, Block 1, Pitkin Green, developed with an older home, improved and expanded over the years, with future redevelopment potential, and Lot 2, Sickels Sub, an adjoining vacant lot to the west, approved for a 6000 sq ft home, which includes a pond. ) This is a 1963 built and 1994 remodeled, 5 bedroom/6 bath/1 half-bath/1 bonus room/1 den, 7,532 sq ft single family home with 3 car garage on a 3.04 acres lot. (Original Price: $28,000,000 and 75 days on the market since. MLS #170754 – Pitkin Green, Red Mountain, 1170 Willoughby Way, Aspen, CO Sold Price: $25,525,000/$3,388 sq ft unfurnished. With an Aspen record property sale of 421 Willoughby Way at $71.5M two weeks ago, two other Willoughby Way purchases raised eyebrows last week: Two side-by-side, adjacent properties at 11 Willoughby Way traded last week: 1130 Willoughby sold for $19M (but had been purchased previously on 10.23/20 at $13.4M/$1,622 sq ft, +39%.) and 1170 Willoughby went for $25.525M/$3,388 sq ft.) Willoughby Way: Record sales in this Pitkin Green subdivision The 32-Pg print edition is available outside Sotheby’s 415 E Hyman on the Hyman Mall, Sotheby’s 300 S Spring St (my office across from the Aspen Art Museum), at the Aspen Chamber Information Kiosk across from Paradise Bakery and the Pitkin County (ASE) airport. It can be read online or downloaded as PDF. The Estin Report 2021 ws Aspen Snowmass Real Estate Market Report was released Jan 8, 21. If a property isn’t moving in the current environment, there’s either a very property specific issue or it is its pricing, and a buyer opportunity may present itself as the weary seller capitulates. Sales in general continue to be robust and inventory of properties for sale is at its lowest level of the past 10 years in both Aspen and Snowmass Village. Even crazier, of the (5) downtown single family home sales in the past 6 months, the avg sold price per sq ft was $3,100 sq ft. Remarkably, there have been (4) Aspen neighborhoods where the average sale price per sq ft in the past 6 months has been above $2,000: these are single family homes in East Aspen, Red Mountain, West End and Downtown Aspen condos/townhomes. īottom Line June 20, 21: Early Summer Summaryīottom Line May 2021: The May 2021 Aspen Snowmass Real Estate market report compares year over year (YOY) sales performance of the past four years as a year ago activity slowed to almost a standstill in the Covid 19 shutdown.Ĭomparing May 2021 to the same period in 20 (and not to just a year ago with a baseline at almost zero) confirms the huge spike upwards since pre-Covid of units sales, dollar sales, and rising prices and the downward path of inventory levels of properties for sale. (Map photos above of 1130 & 1170 Willoughby Way courtesy of Estin Report). Estin Report blog June 28, 2021 Last Week’s Aspen CO Homes for Sale and Snowmass Real Estate Sales & Stats: Closed (15 ) + Under Contract / Pending (31).
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