Aspen: Colorado Although the Aspen real estate market has stabilized, and the inventory of properties for sale in the first half of 2013 is down 11 percent over the same time last year and down 31 percent since the first half of 2009, inventory continues to be comparatively high. Current inventory is 68 percent higher, and property sales are 32 percent less, than what they were in the first Continue Reading
Six years after selling the majority of its commercial properties in Base Village to Related WestPac for $169 million, Aspen Skiing Co. is looking to get back in the game….
Snowmass Village, Colorado: It's great to know that Base Village will Ultimately be completed. What's worse, having a Village that sits half completed after 8 years, or having a new hotel added to an already competitive market? Is there a enough demand for a (3rd) new hotel in Snowmass? That is the ultimate question. How will the addition of a New Hotel compete with existing condo and Continue Reading
Luxury Home Market Slow Down
Aspen, Colorado: Two homes sold at Auction on Tuesday for a % of their original list price. 1121 Red Mtn Road: Original Ask Price was $24m, sold for $9.75m plus a 10% buyers premimum. Buttermilk Manshion: On the market for over 5 years with an original List Price of $48m sold for $15.8m. The most exepensive home sale in 2013 in Snowmass Village was sold by Erik Cavarra for $8.5m and Continue Reading
Erik Cavarra Closes Two Bedroom Residences at Snowmass Club Unit
Snowmass Village, Colorado: Property Type: Fractional Address: 0239 Snowmass Club Snowmass Village, CO 81615 Status: Closed Asking Price: $124,000 List Number: 129935 Type: Condo Area: 02-Snowmass Village Major Area: Snowmass Village Sub/Loc: Snowmass Continue Reading
Erik Cavarra places 5th Residence Under Contract at the Residences at Snowmass Club
Snowmass Village, Colorado: Erik Cavarra has placed the 5th Residence Under Contract within the Residences at Snowmass Club. Beginning the Season with (12) Three Bedroom Residences on the Market For Sale, Erik Cavarra has sold (1) Residence and has (5) Pending Sale. There are only (5) Three Bedrooms Listed for sale. Nestled within 210 acres of Rocky Mountain perfection, the 40 finely Continue Reading
Viceroy Snowmass: Phase II Scheduled for Completion
Snowmass Village, Colorado: Erik Cavarra highlights the timeline for Base Village and Viceroy Phase II. Construction on water, sewer lines could resume this fall, lodging project looks to build next summer The first major building project in Base Village since the recession will go before the Snowmass Village planning commission today, as the bureaucratic gears start up once again on the Continue Reading
Aspen Snowmass Fractional Real Estate Market Preview
Today, Erik Cavarra showcases Fractional Real Estate Trends in Aspen & Snowmass Village, Colorado: Below please find information regarding the Fractional Market comparing January 1, 2012 to June 5, 2013 versus January 1, 2013 to June 5, 2013. Pay close attention to the Sold Volume: There were 29 Fractional Sales in 2012 with a Sold Volume of $15,325,500 compared to 42 $9,685,833 this Continue Reading
Erik Cavarra Places Countryside Unit 170 Under Contract:
Snowmass Village, Colorado: Erik Cavarra has just placed Countryside Unit 170 Under Contract: Property Type: RES w/Improvments Condo Address: 106 Clubhouse Drive #170 Snowmass Village, CO 81615 Status: Pending Asking Price: $1,950,000 List Number: 121020 Type: Condo/Townhouse Area: 02-Snowmass Village Major Area: Snowmass Continue Reading
Erik Cavarra Lists Luxury 6,025 sq ft home in the Pines for $10,750,000
Snowmass Village, Colorado: Erik Cavarra has just Listed one of the nicest homes in the Pines neighborhood. Property Type: RES w/Improvments N/A Address: 404 Spruce Ridge Snowmass Village, CO 81615 Status: Active Asking Price: $10,750,000 List Number: 129967 Type: Single Family Area: 02-Snowmass Village Major Area: Snowmass Continue Reading
Erik Cavarra has just Closed Countryside Unit 185:
Snowmass Village, Colorado: Erik Cavarra closes 2nd Countryside Residence. Located at the Snowmass Club just minutes to skiing, this elegant penthouse offers easy luxury living all on one level and access to club amenities including athletic facilities, tennis, outdoor pools, and dining. Only five-bedroom condominium offered in Snowmass Village! Open living spaces are perfect for entertaining, Continue Reading
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