Aspen Peak - Niche Media - Aspen living at its peak
Issue link: http://digital.greengale.com/i/129660
BROKER ROUND TABLE continued from page 156 Brian Hazen, Vice President and Broker Associate, Coldwell Banker Mason Morse and Previews Doug Leibinger, Broker, Aspen Snowmass Sotheby's International Realty It's interesting [to] look back on sales data for the last couple years. There have been about 30 to 35 condominium sales annually the last few years in Snowmass, and, just in the last couple months, the Viceroy [Snowmass] alone has accounted for almost 30 sales. Other properties in Snowmass have keyed in to this market as well. All of a sudden we're seeing a real uptick in activity in Snowmass, and particularly in the condominium market. It's an encouraging sign. 970-923-2006, 970-379-9045; sothebysrealty.com LEFT: Joshua Saslove, Founder and Owner, Joshua & Co. In the premium-homes market, there's been a considerable increase in the demand for more modern or mountain modern architecture. The market is strengthening as well, which is especially seen in Red Mountain and the West End. The word is "positive." The market is optimistic, and it's only a question of how soon. [In many ways] it has already turned. After all, Aspen is one of the most sought-after markets in the world. 970-925-8810, 970-948-3876; joshuaco.com Listed by Steven Shane for $15.95 million, a home at 190 Pfister Drive is set on the slopes of Tiehack Mountain. ABOVE: A Red Mountain property, listed by Joshua Saslove, features a wall of windows. Steven Shane, Broker and Owner, Shane Aspen Real Estate What's interesting is that the core trend has always been, and continues to be, views, location, and new. Buyers prefer new to old. There's a move toward a more modern aesthetic. But [buyers] never compromise on functionality. They may need space for their art, but they're not going to forfeit a two-car garage or a bedroom. 970-925-6063, 970-948-6005; shaneaspen.com Penney Evans Carruth, Broker, Aspen Snowmass Sotheby's International Realty Land sales are the clear-cut barometer indicating when the real estate market really began to turn. In 2011, only seven lots sold in Aspen. Then boom—37 sales in 2012. And the momentum is continuing in 2013. I think spec builders see an opportunity because sales languished so profoundly during the downturn. Comparatively speaking, inventory today stands at a little more than 60 The cutting-edge dining room at 196 listings, which is a significant decline from the 80 Pfister Drive, listed properties that were available in 2011. 970-925by Steven Shane 2811, 970-379-9133; sothebysrealty.com AP for $13.95 million. 158 PHOTOGRAPHY BY STEVE MUNDINGER (PFISTER DRIVE); ALEX IRVIN (ENTERTAINMENT ROOM) In more traditional end-user and even resort markets, when people list their homes for sale, it's typically because they're relocating, which can weaken the market. Aspen is unique in that it's so desirable. There's a good portion of properties for sale, but people are simply changing lifestyles and desires for a certain type of property; they're not leaving. We have the unique dynamic of being a community first and a resort second. Condos have always been strong, and they're coming back dramatically because there's a finite amount available. For entry-level clients, [condos] are at a price point that's relevant to them, and they are able to get a toehold in Aspen. 970-920-7395, 970-379-1270; masonmorse.com/brianhazen ASPENPEAK-MAGAZINE.COM 156-158_AP_HP_RealEstate_SUM_Fall_13.indd 158 5/6/13 10:54 AM