Aspen: Erik Cavarra reports on the Mountain House Lodge Foreclosure in Aspen, Colorado. Even though we are seeing major improvements within the marketplace, there are still distressed sales, and sellers indicating that though limited inventory for Buyers exists within Aspen & Snowmass Village, there are certainly some properties that still are behind market trends. The Mountain House Continue Reading
Garfield County Real Estate Activity Highest Since 2008
GLENWOOD SPRINGS — Real estate activity in Garfield County for 2012 was the best it's been since the 2008 recession, in terms of both dollar volume and the total number of property transactions. According to Land Title Guarantee Co.'s year-end market analysis for 2012, real estate sales from Carbondale to Parachute came in at more than $376 million for the year as a whole, representing a Continue Reading
Erik Cavarra Places Alpine Bank Owned Residence Under Contract
On Tuesday, February 12th 2013, Erik Cavarra placed the Residences at Snowmass Club Two Bedroom Under Contract with a pending closing set for April 1, 2013. The Listing is currently Owned by Alpine Bank in Snowmass Village. The Listing was only on the Market for 1 day prior to going under contract. The Residences at Snowmass Club just underwent a $2.4m renovation. The Residences are Continue Reading
What has Sold in Snowmass Village since 1/1/12
Snowmass Village, Colorado: A look at what has closed in Snowmass Village since January 1, 2012. Condominiums: 67 Total Sales List Volume: $50,651,850 Sold Volume: $45,848,360 Average List Price: $755,998 Average Sold Price: $684,304 Average Sold Price Per Foot: $594.56 Single Family Homes: 30 List Volume: $99,152,000 Sold Volume: $85,839,507 Average List Price: Continue Reading
Top Aspen Real Estate Trends
ASPEN, Colo.—For many watching Aspen area real estate, 2011 will be remembered for its large volume of high-end home sales. Twenty-two residential properties in the upper Roaring Fork Valley changed hands for $10 million or more last year—equivalent to nearly two each month. Those sales added up to more than $325 million, roughly one-quarter of Pitkin County’s $1.27 billion worth of property Continue Reading
Most Expensive Home in Aspen Area: $75,000,000
Aspen, Colorado - The most expensive Home Price in the entire Aspen Area is a home Listed for $75m in Old Snowmass. Erik Cavarra believes this home is incredible. Nestled in the Rocky Mountains, just outside Aspen, Four Peaks Ranch offers an unrivaled mountain lifestyle. On 876 acres with views of Mt. Sopris, Mt. Daly, Capital Peak and Snowmass, this extraordinary 18,000-square-foot home is the Continue Reading
Area Foreclosure Filings Fall in 2012
ASPEN — Erik Cavarra believes that the number of Area Foreclosures will continue to fall in the next coming months. Most distress Sellers have sold or Banks have assumed those properties back. We are however, still experienced new bank owned properties and new bank owned listings are still within the marketplace. The below article is correct, in that there are less this year than Continue Reading
Snowmass Village Sales Tax Revenue Down in November
SNOWMASS VILLAGE — Sales tax revenue was down 5.6 percent in November over the same month the year before, according to a report from the Snowmass Village Finance Department. Erik Cavarra still sees an increase in Sales Activity over the past year...More sales are taking place and the inventory levels are maintaining. As an example, it is difficult to find an ideal match for properties Continue Reading
Residences at Snowmass Club: Sales Activity
Erik Cavarra sees momentum picking up in sales activity for the Snowmass Club and the Residences at Snowmass Club. The wonderful re-design of the Residence Club has allowed both the interest in Sales activity & Rental activity to pick up. We are excited to finalize the transition of the Aspen Skiing Company to the Toll Group. Having a true Club Operator will help our brand and the integrity Continue Reading
Viceroy Residences Sell in Snowmass Village, Colorado
New condominium units are now available at the world-acclaimed Viceroy. Ski-in/ski-out in Snowmass’ Base Village, there is nothing else like it in the Aspen/Snowmass market for wholly-owned condominiums. Enjoy exceptional views of Assay Hill in this studio suite, with an oversized master bathroom and opulent soaking tub. Leed Gold Certified property. One time Base Village Metro Fee paid by Buyer Continue Reading
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