Snowmass Village, Colorado:
Erik Cavarra has just placed a 3rd Residence at Snowmass Club under contract.
Cavarra has recently sold (3) Four Bedroom Residences.
Nestled within 210 acres of Rocky Mountain perfection, the 40 finely appointed vacation homes feature breathtaking views of Snowmass and the Elk Mountain Range. Ownership includes an exclusive membership in the Snowmass Club, which features a Jim Engh golf course, on-mountain skier/snowboarder services, and the amenities and privileges of an intimate country club.
The residences at Snowmass Club offers its members the epitome of alpine indulgence. All the services of an upscale hotel are seamlessly combined with the amenities and privileges of an exclusive country club. This incredible opportunity provides a care-free second home experience at a fraction of the cost.
Unit Type |
Total # of Listings on Market |
Avg. Days on Market |
Avg. Listing Price |
# of Closings/Sales Since JAN 1, 2013 |
Average Price of Closings/Sale |
# of NEW listings since Jan. 1, 2014 |
2 Bed SMC |
4 |
418 |
$105,725 |
5 |
$106,125 |
4 |
3 Bed SMC |
6 |
232 |
$161,166 |
18 |
$122,594 |
5 |
3 Bed Sanctuary |
2 |
416 |
$159,900 |
1 |
99,000 |
1 |
4 Bed Sanctuary |
2 |
175 |
$205,000 |
5 |
$157,500 |
3 |
5 Bed Sanctuary |
2 |
15 |
$249,000 |
2 |
$170,000 |
3 |
Total |
16 |
251 |
176,158 |
31 |
31,800 |
9 |
Fractional Industry Sold Numbers Since 2008:
Fractional Resort |
2008 Avg. Sold Price |
2009 Avg. Sold Price |
2010 Avg. Sold Price |
2011 Avg. Sold Price |
2012 Avg. Sold Price |
2013/14 Avg. Sold Price |
Residences at SMC |
$252,500 |
$245,833 |
$172,557 |
$212,625 |
$134,563 |
131,800 |
Timbers Club |
$434,783 |
$323,000 |
$229,357 |
$304,357 |
$272,857 |
$266,190 |
Ritz Carlton |
$279,749 |
$155,000 |
$131,375 |
$107,000 |
$104,312 |
$69,853 |
Residences RLN |
$1,575,000 |
$1,353,301 |
$1,302,372 |
1,613,333 |
$1,442,826 |
$2,608,667 |
St. Regis |
$565,818 |
$311,367 |
$261,800 |
$185,955 |
$225,500 |
$222,857 |
Hyatt Residences |
$608,406 |
$187,143 |
$141,636 |
$220,983 |
$144,358 |
$93,327 |
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