Dear Friends,
Maroon Bells in the fall
Fall is a magical time in Aspen with days that can be deceivingly warm and perfect for hiking biking or just perusing town. Find a complete guide below on how locals do off-season, why Ski Magazine awarded Aspen Snowmass Resort of the Year, what the future holds for Aspen's Pitkin County Airport and an update on what's going on in the local real estate market.
The upcoming ski season looks promising as forecasters are making bold predictions and suggesting a strong El Nino winter which typically brings snowy winters to the mountains-a great season to look forward to so don't wait to book your next Aspen Snowmass ski trip.
I look forward to seeing you back here for a great winter season!! Until then enjoy the colorful Fall and as always please feel free to contact me for any of your real estate needs.
Best,
Laurie
BEFORE AND AFTER HOME REMODEL
Located on a private setting in the Black Birch Estates off Cemetery Lane this home sold June 2016 for $4,950,000. Views open up to Independence Pass and Aspen Mountain over a wide open field, Recently renovated, it is now back out on the market for $11,750,000. For more remodel opportunities, please contact me.
75 Overlook Drive, Aspen - Before
Sold June 2016 for $4,950,000
6 Bedroom 7 Baths 6,241 sq. ft.
Includes Guest House
75 Overlook Drive, Aspen - After
Listed June 2018 for $11,750,000
6 Bedrooms 8 Baths 6,241 sq. ft,
Includes Guest House
ELEVATED LIVING BLOG
Photo Courtesy: Craig Turpin/Rising SunPhotog
A Complete Guide to Off-Season in Aspen
By Katie Shapiro
Glitter Gulch, Tony Town, Fat City, Canary City … ah, Aspen. The monikers for this rich-in-history former mining enclave are thanks to a glitz-and-glam reputation bolstered by billionaires on holiday, celebrities hiding out, luxury boutiques, fine dining, five-star resorts, a world-class arts scene and of course, jaw-dropping real estate. But it’s the full-timers—from hippies, ranchers and artists to families, farmers and athletes—who’ve given the ski town its true soul over the years and still help balance the high life with real life year-round.
As soon as the leaves stop falling in October, many businesses hang “Gone to the beach” signs on their doors signaling a bi-annual, well-deserved break before the lifts start spinning. The snow has already arrived, which means one thing: off-season has too.
While the scene is noticeably slower, if you’re thinking about purchasing a vacation property, scoping out a short-term rental or just booking a pre-holiday holiday, now is the perfect time to plan a visit to get a true sense of what life in this year-round, close-knit community is actually like.
Here’s a complete guide to living like a local: Click to continue reading...
THIRD QUARTER MARKET SHARE REPORT
Third Quarter Market Share
We continue to maintain our position the top real estate brokerage firm in the Roaring Fork Valley. This report includes all closings in the Aspen Glenwood MLS from January through September 2018.
THIRD QUARTER MARKET REPORT
Third Quarter 2018 vs. 2017 Summary
Highlights: Single Family
Aspen- 5 years ago the average sold price of a single family home was $5,173,312 today it's up 30% to $6,712,340. While total number of properties sold is down 29% and total sales volume is down 41% to $369,178,707, Sellers are receiving 93% of their list price and homes are selling in 265 days vs 345.
Snowmass- Total sales volume is up 24% to $110,599,677 as well as number of properties sold from 26 to 34. Average sold price decreased 5% to $3,252,932 and price per square foot decreased 2% to $764.
Highlights: Condo/Townhome
Aspen- Average sold price was up 27% to $2,781,472, price per square foot was up 28% to $1526, while total number of sold properties was down 33%.
Snowmass- The total number sold increased 41% from 74 to 104, total sales volume is up 6% to $74,908,600, price per square foot is up 3% to $640 while average sold price is down 25% to $720,275 again due to the number of studio and 1-bedroom sales at Viceroy.
Our quarterly Market Report showcases vital statistics for properties sold in Aspen, Snowmass Village, Basalt, Carbondale, Glenwood Springs, and New Castle. Our report is unique in that we compare the market in these areas for the first three quarters of 2018 to the first three quarters in 2017.
LOCAL REAL ESTATE NEWS
In $18 million deal, nearly one-fifth of St. Regis Aspen sells through digital tokens
The ownership group behind the St. Regis Aspen announced Tuesday the selling off of 18.9 percent of the resort hotel through $18 million in digital tokens.
Pitkin County rolls out plan to envision airport’s future
An Aspen-Pitkin County Airport communications team on Tuesday laid out an ambitious but preliminary plan for what’s being called a “community outreach approach” to guide the vision, development, design and construction of upgrades at the facility.
