May 2021 Newsletter
Springtime has officially arrived in Aspen/Snowmass! It is absolutely beautiful with brilliant green everywhere you look, from all the rain we’ve received, contrasted by the snow-covered peaks in the background. Covid restrictions are being relaxed and we are anticipating a great summer. This weekend is the start of the season, with many restaurants and activities opening up.
Reservations are way up and rentals are difficult to find. The real estate market remains extremely active and, following what has been true for the past several months, lack of desirable inventory is our biggest challenge. We are regularly seeing multiple offers, backup offers, properties selling before hitting the MLS, and even have buyers receiving offers upon closing for a million dollars more than what they just paid.
If you own property and have ever considered selling, now is truly your greatest opportunity. If you would like to discuss the market, your property's worth, or looking for a rental, let me know. I will be happy to help you negotiate this unprecedented market.
All the best,
Larry & Katie
How is the market in your neighborhood?
April 2021
Aspen
Single-Family Homes
Highest Sale
28 Little Cloud Trail
$27,500,000
Quickest Sale
700 W Smuggler Street
31 Days on Market
Lowest Sale
133 Robinson Road
$5,850,000
Aspen
Condos, Townhomes & Duplexes
Highest Sale
612 Oregon Trail
$6,866,000
Quickest Sale
612 Oregon Trail
47 Days on Market
Lowest Sale
213 Vine Street Unit 213
$599,000
Snowmass
Single-Family Homes
Highest Sale
1457 Wood Road
$8,947,500
Quickest Sale
193 Fairway Drive
52 Days on Market
Lowest Sale
36 View Ridge Lane
$3,375,000
Snowmass
Condos, Townhomes & Duplexes
Highest Sale
45 Wood Road Unit 601
$4,400,000
Quickest Sale
400 Wood Road 1306
38 Days on Market
Lowest Sale
690 Carriage Wy Unit A-2C
$370,000
Featured Listings
623 Oak Ridge Road
Snowmass Village
4.81 Acre Lot
$2,200,000
Top of the World Views. This lot sits near the end of the very private Wild Ridge Road. The views span 180 degrees and include all 4 ski areas. The lot faces Southeast for early morning and late afternoon sun. One of the largest FAR limits in all of Snowmass. Build up to nearly 8,000 sq. ft.
TBD Medicine Bow Road
Snowmass Village
2.5 Acre Lot
$1,100,000
Top-of-the-World views towards Aspen, the Continental Divide and Woody Creek/McLain Flats from this very private parcel at the end of Medicine Bow road located right before the gate to Wildcat.
Successfully Sold
18 Westview Drive
Aspen
4 beds | 6 baths | 4,903 Sq. Ft.
Represented the Buyer
$9,700,000
97 Mountain Laurel Court
Aspen
4 beds | 5 baths | 3,500 sq. ft.
Represented the Buyer
$8,650,000
0460 Pine Crest Drive
Snowmass Village
1.09 Acre Lot
Represented the Seller
$3,600,000
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