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Transactions: October 2002

Features

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ASPEN, COLO.

This 4-bedroom, 5-bathroom, furnished home at the base of Aspen Highlands offers 6,100 square feet. Amenities include a game room, full-size bar, media room, ski/bike storage and membership privileges to The Ritz-Carlton Club.

LIST PRICE

$5.45 million

SALE PRICE

$5.45 million

TIME ON MARKET

4 months

LISTING BROKER

Sonny D’Anna, Aspen Land & Homes, 970-920-6775; www.aspenlandandhomes.com.

MARKET COMMENT

The 2002 spring season harkened back to the 1998-99 real estate market boom in Aspen. Higher priced homes, in particular, sold well.

JACKSON HOLE, WYO.

This ski-in/ski-out unit offers fabulous views of the valley and the resort. It’s 2,032 square feet including 2 bedrooms and 2.5 bathrooms, and an open living, dining and kitchen area. It also offers a 1-car detached garage.

LIST PRICE

$1.2 million

SALE PRICE

$1.085 million

TIME ON MARKET

2.5 months

LISTING BROKER

Stephen B. Hancock, Jackson Hole Realty, 307-739-8101; www.jhrealty.com.

MARKET COMMENT

Teton Village is in the middle of a growth spurt. After remaining dormant for the past 20 years, development in the village is booming.

PARK CITY, UTAH

This 4-bedroom, 4-bathroom, 3,000-square-foot home is located on a golf course less than 5 minutes from Park City Mountain Resort and is close to hiking and biking trails.

LIST PRICE

$549,000

SALE PRICE

$525,000

TIME ON MARKET

2 months

LISTING BROKER

Dennis Hanlon, Lewis, Wolcott & Dornbush Real Estate, 435-640-5851; www.dennishanlon.com.

MARKET COMMENT

Sales were down about 15 percent last year over the previous year. Volume was fairly even, but the average sale price was considerably lower.

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