Aspen, Colorado: Real Estate Single Family Home Sales & Market Update Report

by Leave a Comment

Aspen, Colorado: 12/30/12

Currently, there are 22 Single Family Homes Listed for sale within the Central Core of Aspen, Colorado.

Prices range from $1.2m – $23m.

During the past year, we have successfully closed 11 Single Family homes within the Central Core of Aspen, Colorado. Erik Cavarra is seeing more activity in the 2012-13 Season as compared to a year ago at this time. Expectations are for more transaction taking place and multi-million dollar home sales will continue into the new year of Aspen’s Real Estate Season and 2013.

Here’s a historical look at what has sold in Central Core for the 2012 Season:

CMA:Comparable Properties

    Subject 115037 116774 117573
    934 E Cooper  Avenue  Aspen CO     114  Neale  Avenue  Aspen CO     214 W Cooper  Avenue  Aspen CO
List Price $4,950,000 $2,495,000 $4,700,000
Original List Price $7,995,000 $2,995,000 $6,000,000
Sold Price $4,500,000 $2,445,000 $4,450,000
Status        Sold        Sold        Sold
Status Date     01/30/2012     09/24/2012     03/19/2012
Agent Days on Market     706     887     599
Bedrooms 5 4 5
Total SqFt 4,270 1,633 4,849
Lot Size    3,001 – 6,000    6,001 – 12,000    3,001 – 6,000
Nbr of Acres 0.09 0.14 0.13
HOA Transfer Fee No No No
Year Built 1995 1900 1978
Seller Concessions No No No
Leed for Homes
Price   $ – $4,500,000 $2,445,000 $4,450,000

 

CMA: Comparable Properties
    Subject 117882 118333 118805
    802  Gibson  Avenue  Aspen CO 1006 E Cooper Avenue Aspen CO     17  Ute  Place  Aspen CO
List Price $5,500,000 $1,995,000 $6,950,000
Original List Price $8,575,000 $2,495,000 $7,950,000
Sold Price $4,225,000 $1,706,150 $6,300,000
Status        Sold        Sold        Sold
Status Date     08/29/2012     03/16/2012     04/25/2012
Agent Days on Market     735     539     527
Bedrooms 5 3 6
Total SqFt 7,940 1,774 7,166
Lot Size   12,001 – 22,000    3,001 – 6,000 22,001 – 32000
Nbr of Acres 0.22 0.10 0.69
HOA Transfer Fee No No No
Year Built 2008 1896 1988
Seller Concessions No No No
Leed for Homes
Price   $ – $4,225,000 $1,706,150 $6,300,000

 

CMA: Comparable Properties
    Subject 121341 123658 124023
    1118  Waters  Avenue  Aspen CO     918 S Mill B Street  Aspen CO     820 E Cooper  Avenue  Aspen CO
List Price $3,095,000 $5,497,000 $1,200,000
Original List Price $3,350,000 $5,997,000 $1,200,000
Sold Price $2,750,000 $5,200,000 $1,255,000
Status        Sold        Sold        Sold
Status Date     05/01/2012     10/01/2012     03/15/2012
Agent Days on Market     334     293     51
Bedrooms 3 4 3
Total SqFt 2,209 4,200 1,153
Lot Size    6,001 – 12,000    3,001 – 6,000     0 – 3,000
Nbr of Acres 0.21 0.14 0.07
HOA Transfer Fee No No No
Year Built 1990 1999 1888
Seller Concessions No No No
Leed for Homes
Price   $ – $2,750,000 $5,200,000 $1,255,000

 

CMA: Comparable Properties
    Subject 124876 125764
    1016 E Hopkins Avenue    Aspen CO     10  Ute Place    Aspen CO
List Price $9,950,000 $6,500,000
Original List Price $9,950,000 $6,500,000
Sold Price $8,500,000 $6,000,000
Status        Sold        Sold
Status Date     08/30/2012     10/10/2012
Agent Days on Market     153     131
Bedrooms 5 5
Total SqFt 5,417 5,760
Lot Size    3,001 – 6,000   12,001 – 22,000
Nbr of Acres 0.10 0.35
HOA Transfer Fee No No
Year Built 2005 1990
Seller Concessions No No
Leed for Homes
Price   $ – $8,500,000 $6,000,000

 

 

CMA: Statistical Summary

 

Price Analysis

Summary of Closed Listings
MLS # Address List Price ADOM Sold Date Sold Price Total Adjustments Adjusted Price
124023 820 E Cooper Avenue, Aspen CO $1,200,000 51 03/14/2012 $1,255,000 – $1,255,000
118333 1006 E Cooper Avenue, Aspen CO $1,995,000 539 03/16/2012 $1,706,150 – $1,706,150
116774 114  Neale Avenue, Aspen CO $2,495,000 887 09/24/2012 $2,445,000 – $2,445,000
121341 1118  Waters Avenue, Aspen CO $3,095,000 334 05/01/2012 $2,750,000 – $2,750,000
117882 802  Gibson Avenue, Aspen CO $5,500,000 735 08/21/2012 $4,225,000 – $4,225,000
117573 214 W Cooper Avenue, Aspen CO $4,700,000 599 03/16/2012 $4,450,000 – $4,450,000
115037 934 E Cooper Avenue, Aspen CO $4,950,000 706 01/27/2012 $4,500,000 – $4,500,000
123658 918 S Mill Street, Aspen CO $5,497,000 293 10/01/2012 $5,200,000 – $5,200,000
125764 10  Ute Place, Aspen CO $6,500,000 131 10/10/2012 $6,000,000 – $6,000,000
118805 17  Ute Place, Aspen CO $6,950,000 527 04/25/2012 $6,300,000 – $6,300,000
124876 1016 E Hopkins Avenue, Aspen CO $9,950,000 153 08/30/2012 $8,500,000 – $8,500,000
Low, Average, Median, and High Comparisons
         Closed Overall
Low $1,255,000 $1,255,000
Average $4,302,832 $4,302,832
Median $4,450,000 $4,450,000
High $8,500,000 $8,500,000

Overall Market Analysis (Unadjusted)
Status # List Vol. Avg. List Price Sold Vol. Avg. Sold Price Sale/List Price Avg. Total SqFt Avg. List $/Total SqFt Avg. Sold $/Total SqFt Avg. ADOM
Closed 11 52,832,000 4,802,909 47,331,150 4,302,832 0.90 4,216 1,196.31 1,093.10 450
Overall 11 52,832,000 4,802,909 47,331,150 4,302,832 0.90 4,216 1,196.31 1,093.10 450
Status # Listings List Volume Sold Volume List Price Sold Price Sale/List Price Total SqFt List Price Per Total SqFt Sold Price Per Total SqFt Agent Days On Market
Closed 11 52,832,000 47,331,150 Low Avg High 1,200,000 4,802,909 9,950,000 1,255,000 4,302,832 8,500,000 0.77 0.91 1.05 1,153 4,216 7,940 692.70 1,196.31 1,836.81 532.12 1,093.10 1,569.13 51450

887

Leave a Reply

Your email address will not be published. Required fields are marked *

Erik Cavarra

(970) 923-0817 Office|(970) 618-9733 Cell
Contact