Aspen Real Estate

The question I’m asked most often these days is whether this a good time to buy Aspen-Snowmass real estate. The second most frequently asked question is whether we are going to see property values in Aspen drop substantially like they have in other markets before this real estate downturn will run its course. These are two great questions on the minds of Aspen’s property owners, prospective buyers and brokers.

Nationally, home prices have fallen an average of 18 percent from their peak in the first quarter of 2006. Prices are expected to fall an additional 10-15 percent between now and mid-2009. What’s important to note is that these are national averages, which mean some areas of the country have seen declines greater than 18 percent and some have seen less.

The primary reason for the dramatic declines in real estate values across the country is the credit crisis and the general de-leveraging of our financial system. Approximately 5 percent of mortgages are at least 30 days past due at the end of the third quarter according to national credit agencies, up from 4.6 percent in the second quarter and 3.5 percent a year earlier. In weak markets like Florida and Nevada, delinquency rates now top 8 percent. Despite this, even in markets that have seen the greatest decline in average property values, such as south Florida and southern California, there are prime neighborhoods and communities that have not experienced any significant declines in value.

The reasons for this dichotomy are the prevalence of leverage and “location, location, location.” Property owners in communities and neighborhoods where buyers are more likely to buy properties without using financing, or buy using a lower loan-to-value ratio, (i.e. typically wealthier areas) are likely to weather a real estate slowdown much better than areas where properties are highly leveraged and where property owners and lenders may need to significantly discount properties to sell quickly. The other factor in real estate pricing is location. In real estate, the best located properties always appreciate well in good times and hold their values the best in bad times.

So how is the Aspen real estate market faring compared to the rest of the country? Is this a good time to buy or should we wait for a more significant decline in prices?

The real estate slowdown started in the Aspen area about 12 months ago. Since then, we’ve seen a 28 percent decline in the number of transactions and a 41 percent decline in the total sales volume from the previous 12 months. In addition, the average price and median price of a property sale in the past 12 months are 18.7 percent and 41.6 percent respectively below the average and median price of a sale in the previous 12 months. These statistics, however, do not mean Aspen real estate prices have dropped dramatically. Although the total number of transactions has declined 28 percent in the past 12 months, the number of property sales over $10 million has declined about 61 percent. The decline in sales over $10 million has brought the average and median sales price number down significantly, but that does not mean property values have declined as well.

Despite the obvious slowdown in Aspen’s real estate market and a few properties selling at discounts below prices at the height of the market, buyers are wondering whether Aspen’s real estate values are going to decline more dramatically like the rest of the country.

A significant decline in Aspen real estate values is unlikely for two main reasons. The first is the lack of leverage in the Aspen market. In the past 12 months, 61.3 percent of total value of real estate purchased in Aspen was purchased without financing. In the previous 12 months, this number was 69.1 percent. Aspen is a highly un-leveraged real estate market and is not subject to the same de-leveraging forces playing out in other markets around the country. The second reason Aspen is unlikely to see a significant decline in value is “location, location, location.” Aspen represents the “A” location in the world of resort real estate. As noted earlier, well located real estate and markets historically have not typically suffered the same degree of value declines as poorly located property and markets.

In addition, the inventory of properties on the market for sale in Aspen and Snowmass is starting to decline modestly. At the beginning of September, approximately 463 homes and condos in Aspen and 197 in Snowmass were on the market for sale. Today the inventory of properties for sale has declined to 419 in Aspen and 164 in Snowmass. This modest decline is more the result of expired listings and properties being withdrawn from the market rather than actual sales, but a declining inventory is one of the first signs that a real estate market is beginning to recover.

It’s always difficult to call the bottom in any market; however, there is growing evidence that Aspen’s real estate market may have in fact bottomed. In the past 33 years, Aspen has only experienced six years, including the current year, where the average real estate sales price has declined from the previous year, as reported by the Aspen Board of Realtors. Aspen has never seen a decline that lasted more than one year. Following every year that the average sales price declined, Aspen’s real estate market’s average sales price increased an average of 27.2 percent.

Warren Buffet, chairman of Berkshire Hathaway, recently repeated his famous line, “Be fearful when others are greedy and greedy when others are fearful.” He went on to say, “In the near term, unemployment will rise, business activity will falter and headlines will continue to be scary … so, I’ve been buying American stocks.” Buffet made a similar call in 1974 at the bottom of the 1968 to 1982 bear market.

So is this a good time to buy Aspen-Snowmass real estate? It’s hard to be absolutely certain, but if history is any prediction of the future, this may be the best opportunity to buy Aspen-Snowmass real estate that we’ve seen in 33 years.

SOTHEBY’S SETS ANOTHER RECORD!

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Posted 2008/07/17 at 1:30 pm EDT

LONDON, July 17, 2008 (Reuters) — An original watercolor illustration by Beatrix Potter for the final scene from the Rabbit Christmas Party set a new auction record on Thursday at 289,250 pounds ($578,700).

The sum was nearly five times the top end of the pre-sale estimate of 40-60,000 pounds, making the painting of rabbits leaving the party by candlelight the most expensive book illustration ever sold at auction, Sotheby’s said.

Sotheby’s said the buyer was a private British collector.

It was one of 20 original illustrations, books, unpublished Christmas cards and letters by children’s author and illustrator Potter from the collection of her brother Bertram Potter on offer at the London sale.

The whole collection, the most extensive group of Beatrix Potter artwork to have appeared on the market in decades, realized a total of 748,200 pounds.

($1=.4997 Pound)

Maroon Bells Wilderness near Aspen

The Appeal: Summertime Aspen mixes beauty with brains: The natural setting is glorious, with wildflower-covered mountains, and the town offers cultural and academic festivals that draw the world’s top minds.

MAY 2008
May 12-15

Seller: Steven and Lisa Midlarsky
Buyer: Howard M. Dubin Trust, Bloomfield Hills, Mich.
Property: 93/95 West Lupine condo unit A
Price: $4,500,000

Seller: Midland No. 308 Condo LLC, Midland 308 Condo LLC
Buyer: Deryk Cave, Aspen
Property: Aspen View condo unit 308
Price: $850,000

Seller: Alan H. Burnham
Buyer: David T. Highland, Diane C. Highland, Monument, Colo.
Property: Crystal River Park lot 37
Price: $695,000

Seller: Gerald Nelson Pharris Trust, Lynn Teresa Keloto Pharris Trust, Gerald Pharris trustee
Buyer: Ola Ahlmen, Amy Ahlmen, Chappaqua, N.Y.
Property: Snowmass Club condo unit 121, one-seventh interest
Price: $235,000

Seller: Grand Aspen Lodging LLC
Buyer: Specialty Risk management Services LLC, Fort Meyers, Fla.
Property: Hyatt Grand Aspen condo unit 14, fixed week 9 and floating weeks
Price: $240,000

Seller: Charles J. Wyly Jr., Caroline D. Wyly
Buyer: Martha Wyly Miller, Dallas, Texas
Property: lot 3, section 10-township 9-range 85
Price: $6,363,000

Seller: Martha Wyly Miller
Buyer: Charles J. Wyly Jr., Caroline D. Wyly, Dallas, Texas
Property: Fox Ranch lot A
Price: $112,800

Seller: Charles J. Wyly Jr., Caroline D. Wyly
Buyer: Little Woody LLC, Dallas, Texas
Property: lot 3, section 10-township 9-range 85
Price: $1,247,900

Seller: Little Woody LLC
Buyer: Charles J. Wyly Jr., Caroline D. Wyly Dallas, Texas
Property: Fox Ranch lot A, part of
Price: $345,500

Seller: Little Woody LLC
Buyer: Martha Wyly Miller, Dallas, Texas
Property: Sachs Woody Creek Exemption lot 2
Price: $7,204,100

Seller: Woody Creek Mobile Homeowners Association
Buyer: Yvonne Siwierka, Stella Y. Siwierka, Woody Creek, Colo.
Property: Woody Creek sub/PUD lot 36
Price: $85,400

Seller: Grand Aspen Lodging LLC
Buyer: Karen Hartmann Trust, Chicago, Ill.
Property: Hyatt Grand Aspen condo unit 9, fixed week 10 and floating weeks
Price: $195,000

Seller: Base Village Owner LLC
Buyer: Selwyn Isakow Trust, Bloomfield Hills, Mich.
Property: Capitol Peak Lodge condo unit 3309
Price: $827,900

Seller: Ethan D. Davidson
Buyer: William Davidson trustee, William Davidson Trust, Bloomfield Hills, Mich.
Property: lot 9, section 5-township 10-range 85
Price: $500,000

Seller: Marla J. Karimpour, Marla J. Davidson
Buyer: William Davidson trustee, William Davidson Trust, Bloomfield Hills, Mich.
Property: lot 9, section 5-township 10-range 85
Price: $500,000

Seller: Francine E. Krathen trustee, Francine E. Krathen Trust
Buyer: Michael A. Brizel, Judith W. Schwartz, New York, N.Y.
Property: Timbers Club at Snowmass condo unit C5, club interest C5 VIII
Price: $472,500

Seller: MRR Aspen LLC
Buyer: Robert C. Wynne, Atlanta, Ga.
Property: Aspen Highlands condo unit 2202, residence interest 1
Price: $159,600

May 5-9

Seller: Joseph D. Stewart
Buyer: Martha and Prescott Terry, Vero Beach, Fla.
Property: Redstone lot 1
Price: $300,000

Seller: Glenn H. Clements, Michelle M. Clements
Buyer: Stacy Walker, Houston, Texas
Property: Meadow Ranch condo unit E2
Price: $1,200,000

Seller: Aspen Five Trees LLC
Buyer: RA Five Trees, Canadian, Texas
Property: Moore Family PUD lot 37, block E
Price: $9,000,000

Seller: David Durrance, Jocelyn Durrance
Buyer: Glenn H. Clements, Michelle M. Clements, Houston, Texas
Property: Wildridge II lot 2
Price: $1,750,000

Seller: Base Village Owner LLC
Buyer: Helena Willner, Robert K. Vahradian, New York, N.Y.
Property: Capitol Peak Lodge condo unit 3308
Price: $1,264,885

Seller: Base Village Owner LLC
Buyer: FWI Trust, Fred Ilfeld Jr. trustee, Olympic Valley, Calif.
Property: Capitol Peak Lodge condo unit 3205
Price: $1,149,900

Seller: Bittker Properties Colorado LLC
Buyer: Matthew L. Jones, Nancy P. Jones, Arlington, Va.
Property: Ridgerun I lot 60
Price: $2,900,000

Seller: MH Coordes LLC
Buyer: W Storage Plus LLC, Miami, Fla.
Property: Obermeyer Place condo unit 111, parking garage upper level
Price: $287,000

Seller: Ritz Carlton Development Co.
Buyer: Roger Brian Massy Green, Belinda Jane Massy-Greene
Property: Aspen Highlands condo unit 2207, fixed week 1, 2, 35 and floating week
Price: $323,000

Seller: Laham Family Partnership LP
Buyer: LJM Aspen Investments LLC, Orlando, Fla.
Property: Aspen Highlands condo unit 8401, residence interest 12
Price: $200,000

Seller: Richard Van Horne
Buyer: Ritz Carlton Development Co. Inc., Orlando, Fla.
Property: Aspen Highlands condo unit 8405, residence interest 4
Price: $160,400

Seller: Ritz Carlton Development Co. Inc.
Buyer: Nawaf K. Bitar trustee, Susan C. Bitar trustee, Bitar Trust, Orlando, Fla.
Property: Aspen Highlands condo unit 2303, fixed weeks 5, 6, 52 and floating week
Price: $637,000

May 2-3

Seller: JSS Colorado Real Estate LLC.
Buyer: George Falk, Florance, Ma.
Property: Horse Ranch, lot 35
Price: $3,275,000

Seller: Grand Aspen Lodging LLC
Buyer: Christy Turner, Omaha, Neb.
Property: Hyatt Grand Aspen, condo unit 14, fixed week 12 and floating weeks
Price: $240,000

Seller: Grand Aspen Lodging LLC
Buyer: Carlos Lopez-Ona and Lina Mira, New York, N.Y.
Property: Hyatt Grand Aspen, condo unit 9, fixed week 8 and floating weeks
Price: $180,000

Seller: Rosemary Catino, No One Trust
Buyer: Michael and Sherra Weil, Hollywood, Fla.
Property: Upper Willows unit K20
Price: $450,000

Seller: John Frost, Carly Merriott
Buyer: John and Lisa Howard, Snowmass
Property: Riverview Plaza unit 121
Price: $261,950

Seller: Innsbruck Suites Investments LLC
Buyer: Audrey Rosen Levine trustee, Larry Levine trustee, Audrey Rosen Levine Trust, Boca Raton, Fla.
Property: Innsbruck condo, unit 204, rotational priority 111L
Price: $189,000

Seller: Brandon and Angela Marion
Buyer: Wendy Aresty, Aspen
Property: Turley lot 2
Price: $5,950,000

Seller: Theodore and Dawn Demas
Buyer: Jay Jensen, Hartland, Wisc.
Property: Maroon Creek Club lot 34
Price: $10,050,000

APRIL 2008
April 25-30

Seller: Andrew Calvetti
Buyer: John and Suzanne Goott, Houston, Texas
Property: Prospector condo unit 203, weeks 28, 32 and 47
Price: $27,500

Seller: Tom Perkins
Buyer: Aspen/Pitkin County Housing Authority
Property: Hunter Creek condo unit 535
Price: $148,000

Seller: Alex Seltzer
Buyer: Martin and Lynette Gregory, Austraila
Property: Timber Ridge condo unit 2C
Price: $928,000

Seller: Leon Hirsch
Buyer: Roman Abramovich, Russia
Property: Wildcat Ridge
Price: $36,375,000

Seller: Woodrun Place Development Inc.
Buyer: Peter and Joan McGill, Sparks, Md.
Property: Woodrun Place condo unit 58
Price: $2,578,000

Seller: Aspen Pitkin County Housing Authority
Buyer: Nathan Kneifel, Aspen
Property: Annie Mitchell Homestead unit 312
Price: $98,400

Seller: Jo Net LLC
Buyer: Riverfront Properties LLC, Fort Lauderdale, Fla.
Property: River Valley Ranch lot B, tract 14
Price: $1,250,000

Seller: 501 West Main LLC
Buyer: Alpine Bank, Aspen
Property: Christiana Aspen unit C001
Price: $125,000

Seller: Scott Calliham
Buyer: Jack and Pamela Meyerson, Villanova, Pa.
Property: Inns of Court condo, unit 24CD
Price: $775,000

April 18-24

Seller: MS 4610 Holding Company LLC
Buyer: M S 4610 LLC, MS 4610 LLC, Stamford, Conn.
Property: Section 13-township 10-range 85, mine 4610 part of
Price: $1,000,000

Seller: RK Aspen LLC
Buyer: Christopher N. Wright, London, U.K.
Property: Pitkin Center unit 3A
Price: $6,700,000

Seller: Base Village Owner LLC
Buyer: Brush Creek Land Company LLC, Aspen
Property: Building 3 condo unit 1202
Price: $1,452,900

Seller: Base Village Owner LLC
Buyer: Jeffrey Ganeles, Lori Berman, Boca Raton, Fla.
Property: Capitol Peak Lodge condo unit 3303
Price: $954,385

Seller: W. Blaire McCarter Jr.
Buyer: 379 Ridge Road LLC, Fort Worth, Texas
Property: Ridge of Red Mountain lot 8
Price: $142,500

Seller: Angela Corson
Buyer: Jack Potok, Warrington, Penn.
Property: Stonebridge Inn condo unit 516
Price: $142,500

Seller: Nicholas A. Samios, Carole Samios
Buyer: William E. Hill, Aspen
Property: Shadowview condo unit C
Price: $2,345,000

Seller: Base Village Owner LLC
Buyer: Martin Silverman, Nashville, Tenn.
Property: Capitol Peak Lodge condo unit 3311
Price: $1,207,385

Seller: Arledge Real Estate Corp. of Colorado
Buyer: John E. Delaney, Indio, Calif.
Property: Club Villas condo unit 205, phase I
Price: $765,000

Seller: Stanley M. Gordon trustee, Ellen D. Gordon trustee, Gordon Trust
Buyer: Richard Marcus, Englewood, Calif.
Property: Ridgerun III lot 45
Price: $3,550,000

Seller: Terry A. McKay Trust, Donna L. McKay Trust
Buyer: Lorenzo J. Fertitta trustee, Teresa Jo Fertitta trustee, Lorenzo J. Fertitta Trust, Teresa Jo Fertitta Trust, Las Vegas, Nev.
Property: East Village PUD lot 45, parcel G, The Pines
Price: $11,500,000

Seller: 150 Snowmass Club 1514 LLC
Buyer: BBBB Snowmass LLC, Parkland, Fla.
Property: Club Villas condo unit 1514, phase III
Price: $1,336,098

Seller: Barbara Pell New
Buyer: Carbrera Ismael Argueta, Elida Nevarez, Carbondale
Property: Villas at Elk Run condo unit 4103
Price: $535,000

Seller: Gail N. Mulvihill, Gail Mulvihill
Buyer: RF Real Estate Holdings LLC, Commerce TWP, Mich.
Property: Woodrun I lot 61
Price: $5,900,000

Seller: Geraldine P. Briggs
Buyer: Burrus Aspen Properties LP, Burrus Aspen Propertties LP, Beaumont, Texas
Property: Ridgerun II lot 9
Price: $3,600,000

Seller: Grant Brothers LLP
Buyer: Kevin R. Stone trustee, Kevin R. Stone, Susan I. Stone, Susan I. Stone trustee, Stone Trust
Property: Shadow Mountain Village condo unit 17
Price: $1,650,000

Seller: Robert Donovan
Buyer: Otger F.M. Merckelbach, Ross-Shire, Scotland
Property: Aspen Residence Club and Hotel unit B21, premier club weeks
Price: $300,000

Seller: Emanuela Gay
Buyer: Roy Nirschel, Paula Nirschel, Bristol, R.I.
Property: Mountain River Manor condo unit 3
Price: $475,000

Seller: Grand Aspen Lodging LLC
Buyer: Octavio Cortes Pereira Lopes, Andar Sao Paulo SP, Brazil
Property: Hyatt Grand Aspen condo unit 17, fixed week 6 and floating weeks
Price: $250,000

April 11-17

Seller: 237 Aspen Realty LLC
Buyer: Schatz Trust, North Caldwell, N.J.
Property: Aspen Residence Club and Hotel condo unit B40, premier club weeks
Price: $487,500

Seller: Dominic J. Moceri
Buyer: Derby City Investments LLC, Plano, Texas
Property: Aspen Highlands condo unit 8105, residence interest 1
Price: $275,000

Seller: Mitchell B. Hollander, Ronald S. Lederman, Jeffery S. Deitch, Marsha A. Deitch
Buyer: Elizabeth Cree, La Jolla, Calif.
Property: Aspen Residence Club and Hotel condo unit B33, premier club weeks
Price: $330,000

Seller: Javier and Colleen Baz
Buyer: Todd N. Steinberg, Lisa L. Barry, New York, N.Y.
Property: Aspen Alps North condo unit 804
Price: $3,750,000

Seller: Marilyn G. Lipton
Buyer: Gregg R. Lipton trustee, Christopher E. Erblich trustee, Gregg R. Lipton Trust, St. Louis, Mo.
Property: Eagles Nest condo unit B, 9 1/3 percent interest
Price: $298,666

Seller: Marilyn G. Lipton
Buyer: Randall M. Lipton trustee, Christopher E. Erblich trustee, Randall M. Lipton Trust, St. Louis, Mo.
Property: Eagles Nest condo unit B, 9 1/3 percent interest
Price: $298,666

Seller: Marilyn G. Lipton
Buyer: Douglas S. Lipton trustee, Christopher E. Erblich trustee, Douglas S. Lipton Trust, St. Louis, Mo.
Property: Eagles Nest condo unit B, 9 1/3 percent interest
Price: $298,666

Seller: Gayle Morgan
Buyer: James R. Brown Jr., New York, N.Y.
Property: Shadow Mountain Village condo unit 12
Price: $1,504,000

Seller: Innsbruck Suites Investments LLC
Buyer: Judson R. Shaver, D. Page Shaver, New York, N.Y.
Property: Innsbruck condo unit 103, rotational priority 29C
Price: $227,000

Seller: Heather Ardley
Buyer: Pitkin Exchange Holdings of Aspen LLC, Aspen
Property: Stark Mesa lot 7
Price: $347,500

Seller: Grand Aspen Lodging LLC
Buyer: Robert Gladstone, Marie Claire Gladstone, New York, N.Y.
Property: Hyatt Grand Aspen unit 44B, fixed week 6 and floating weeks
Price: $150,000

Seller: Pitkin Exchange Holdings of Aspen LLC
Buyer: Richard H. Wagar, Aspen
Property: Obermeyer Place condo unit 020A, parking garage unit upper level
Price: $358,803

Seller: Jason L. Steinberg, Elizabeth A. Steinberg
Buyer: Christine Gray, Ian Gray
Property: Columbines at Elk Run filing 1, condo unit 204, phase II
Price: $655,000

Seller: Chang LLC
Buyer: 520 E. Cooper Partners LLC, Aspen
Property: Aspenhof unit RB1
Price: $2,500,000

Seller: Fox Crossing Partners LLC
Buyer: 565 Race Street LLC, Bal Harbour, Fla.
Property: Fox Crossing lot 1, condo unit A
Price: $4,085,000

Seller: Gordon G. Brown Jr., Edward B. Brown, Bernard K. Brown, Leila Brown Boucher
Buyer: Iron Rose Land & Cattle II LLC, Crystal River Ranch Co. LLP, Denver, Colo.
Property: Lot 13, section 3-township 8-range 88, part of
Price: $47,500

Seller: Aspen/Pitkin County Housing Authority
Buyer: Julie Allen, Ryan Allen, Aspen
Property: Centennial condo unit C206
Price: $174,500

Seller: Obermeyer Place Sales Group LLC, Obermeyer Place Rental Group LLC
Buyer: K&J Enterprises LLC, Aspen
Property: Obermeyer Place condo unit 006, parking unit lower level garage
Price: $65,000

Seller: Grand Aspen Lodging LLC
Buyer: MSK Aspen LLC, Novato, Calif.
Property: Hyatt Grand Aspen unit 24, fixed week 7 and floating weeks
Price: $290,000

Seller: Grand Aspen Lodging LLC
Buyer: Maria de Lourdes Bulnes Itarralde, Zacarias Auais Dogre, Merida Yucatan, Mexico
Property: Hyatt Grand Aspen unit 32, fixed week 8 and floating weeks
Price: $170,000

Seller: Obermeyer Place Sales Group LLC, Obermeyer Place Rental Group LLC
Buyer: K&J Enterprises LLC, Aspen
Property: Obermeyer Place condo unit 016, parking unit upper level
Price: $145,000

Seller: Obermeyer Place Sales Group LLC, Obermeyer Place Rental Group LLC
Buyer: Rio Grand Partners 88 LLC, Aspen
Property: Obermeyer Place condo unit 004B, parking unit lower level garage
Price: $118,600

Seller: Obermeyer Place Sales Group LLC, Obermeyer Place Rental Group LLC
Buyer: Rio Grand Partners 88 LLC, Aspen
Property: Obermeyer Place condo unit 004C, parking unit lower level garage
Price: $118,600

Seller: Obermeyer Place Sales Group LLC, Obermeyer Place Rental Group LLC
Buyer: Rio Grand Partners 88 LLC, Aspen
Property: Obermeyer Place condo unit 004A, parking unit lower level garage
Price: $118,600

April 7-10

Seller: Bragado Corp. NV
Buyer: Stephen A. Simon, Bonnie Ward Simon, Washington, D.C.
Property: Top of the Village condo unit 309, Aspen Summit building
Price: $2,450,000

Seller: Innsbruck Suites Investments LLC
Buyer: Jeffrey Cucchiara, Ft. Pierce, Fla.
Property: Innsbruck condo unit 003, rotational priority 28G
Price: $75,000

Seller: Robert and Rona Witek
Buyer: Willis J. Stetson Jr., Sally W. Stetson, Newtown Square, Penn.
Property: 210 Cooper condo unit 2A
Price: $1,950,000

Seller: Towne Centre Properties LLC
Buyer: Nelson C. Steiner, Lynne P. Steiner, Tierra Verde, Fla.
Property: Ridge condo unit 16
Price: $1,350,000

Seller: Grand Aspen Lodging LLC
Buyer: John M. Brilbeck, Naples, Fla.
Property: Grand Aspen Hyatt condo unit 5, fixed week 6 and floating weeks
Price: $175,800

Seller: Eastwood Highlands Investors LLC
Buyer: PI Castle Rock LLC, Denver, Colo.
Property: Aspen Highlands condo unit C2101, phase II, 14.28 percent interest
Price: $15,900

Seller: Eastwood Highlands Investors LLC
Buyer: PI Castle Rock LLC, Denver, Colo.
Property: Aspen Highlands condo unit C2103, phase II, 14.28 percent interest
Price: $12,700

Seller: Eastwood Highlands Investors LLC
Buyer: PI Castle Rock LLC, Denver, Colo.
Property: Aspen Highlands condo unit C2104, phase II, 14.28 percent interest
Price: $75,400

Seller: Eastwood Highlands Investors LLC
Buyer: PI Castle Rock LLC, Denver, Colo.
Property: Aspen Highlands condo unit C2105, phase II, 14.28 percent interest
Price: $9,000

Seller: Eastwood Highlands Investors LLC
Buyer: PI Castle Rock LLC, Denver, Colo.
Property: Aspen Highlands condo unit C4102, phase I, 14.28 percent interest
Price: $56,500

Seller: Eastwood Highlands Investors LLC
Buyer: PI Castle Rock LLC, Denver, Colo.
Property: Aspen Highlands condo unit C4109, phase I, 14.28 percent interest
Price: $80,900

Seller: Eastwood Highlands Investors LLC
Buyer: PI Castle Rock LLC, Denver, Colo.
Property: Aspen Highlands condo unit C4114, phase I, 14.28 percent interest
Price: $86,600

Seller: Eastwood Highlands Investors LLC
Buyer: PI Castle Rock LLC, Denver, Colo.
Property: Aspen Highlands condo unit C4115, phase I, 14.28 percent interest
Price: $35,500

Seller: Eastwood Highlands Investors LLC
Buyer: PI Castle Rock LLC, Denver, Colo.
Property: Maroon Creek Station condo unit C5101, 14.28 percent interest
Price: $27,200

Seller: Eastwood Highlands Investors LLC
Buyer: PI Castle Rock LLC, Denver, Colo.
Property: Aspen Highlands Village PUD, lot 5, block D, 14.28 percent interest
Price: $80,300

Seller: Eastwood Highlands Investors LLC
Buyer: PI Castle Rock LLC, Denver, Colo.
Property: Aspen Highlands Village PUD, lot 5, block D, 14.28 percent interest
Price: $20,300

Seller: Albert Frank Fiorello Jr., Gale Creek Fiorello
Buyer: Elizabeth G. Talenfeld, Aspen
Property: Mountain Valley lot 50, filing 2
Price: $3,170,000

Seller: Jan Arnold, Ilona Korinkova
Buyer: Christopher Ellis, Audrey Ellis, Aspen
Property: Hunter Creek condo unit 1111, building II, phase III
Price: $915,000

Seller: Aspen/Pitkin County Housing Authority
Buyer: Filiberto Paglia, Aspen
Property: Centennial condo unit B105
Price: $89,700

Seller: Star Mesa West 2 LLC
Buyer: WJ lot 2 LLC, Basalt
Property: W/J Ranch Homes lot 2, filing 5
Price: $3,750,000

Seller: Peter N. Louras, Mary M. Louras
Buyer: Brian D. Adelman, Annette F. Adelman, West Bloomfield, Mich.
Property: Villas of Aspen condo unit 33
Price: $2,540,000

Seller: Aspen/Pitkin County Housing Authority
Buyer: Barton J. Craig, Shelli E. Craig, Aspen
Property: Obermeyer Place condo unit 104, Central Lofts building
Price: $577,900

Seller: Richard H. Wagar
Buyer: City of Aspen, Aspen
Property: Wagar/Detweiler lot 1, 10 percent interest
Price: $363,000

Seller: Richard H. Wagar
Buyer: City of Aspen, Aspen
Property: Wagar/Detweiler lot 2, 10 percent interest
Price: $3,242,000

Seller: Joel Messinger, Nancy Messinger
Buyer: William F. Kortum III Properties LLC, Lafayette, Ind.
Property: Tamarack condo unit 9
Price: $799,000

April 1-4

Seller: 501 West Main LLC
Buyer: Alpine Bank, Aspen
Property: Christiana Aspen condo unit C002, phase II
Price: $95,000

Seller: Martin R. Hullender Jr. Trust, Marilyn K. Hullendr Trust
Buyer: Karen S. Hoellerich, Harley S. Geller, Raleigh, N.C.
Property: Timbers Club at Snowmass, condo unit B5, club interest B5II
Price: $470,000

Seller: Elizabeth G. Talenfeld
Buyer: Joanne Talenfeld Rubinoff, Aspen
Property: Section 3-township 10-range 85, E2 SW4 part of, one-half interest
Price: $2,400,000

Seller: Obermeyer Place Sales Group LLC, Obermeyer Place Rental Group LLC
Buyer: Pitkin Exchange Holdings of Aspen LLC, Aspen
Property: Obermeyer Place condo unit 020A, parking garage upper level
Price: $358,803

Seller: Grand Aspen Lodging LLC
Buyer: Benedict J. Wilkinson, London, U.K.
Property: Hyatt Grand Aspen unit 44C, fixed week 11 and floating weeks
Price: $66,000

Seller: Jonathan Boxer
Buyer: Joseph A. Falcone, Basalt
Property: Lot 2b, condo 315, Summerset Way Townhomes
Price: $915,000

Seller: Edward P. and Victoria L. Monge
Buyer: Kimberly A. Raymond, Basalt
Property: Original Street condo unit 4
Price: $634,500

Seller: Suzanne Thomas Porter, Barry Graham Porter, B.G. Porter
Buyer: Metco Colorado LLC, Houston, Texas
Property: River Bluff Townhome condo unit D5, building D
Price: $3,200,000

Seller: Michele M. Clements, Glenn H. Clements
Buyer: David S. Israel trustee, David S. Israel Trust, Deerfield, Ill.
Property: Aspen Highlands condo unit 2306, residence interest 7
Price: $185,000

Seller: Terri and Evan Wein
Buyer: Douglas M. Patinkin, Jenny Rebecca Patinkin, Chicago, Ill.
Property: Aspen Highlands Village PUD, Thunderbowl Townhome Residences, unit 7
Price: $5,340,000

MARCH 2008
March 28-31

Seller: Matthew R. Grumbacher, TIMG LLC
Buyer: David and Alexandra Phillips, Aspen
Property: West Aspen lot 40, filing 1, unit 1, part of
Price: $2,680,000

Seller: Obermeyer Place Sales Group LLC, Obermeyer Place Rental Group LLC
Buyer: Magic Creek Development LLC, Austin, Texas
Property: Obermeyer Place condo unit 019B, parking garage upper level
Price: $232,700

Seller: Neligh C Coates Jr.
Buyer: Jennifer O. Styslinger, Birmingham, Ala.
Property: Lot 7, section 21-township 9-range 85
Price: $2,650,000

Seller: Stanley M. Gordon trustee, Ellen D. Gordon Trust, Gordon Trust
Buyer: Richard Marcus, Englewood, Colo.
Property: Ridgerun III, lot 45
Price: $3,550,000

Seller: Jeffrey Rhodes
Buyer: Nona Niland, Austin, Texas
Property: Snowmass Club condo unit 117, one-seventh interest
Price: $260,000

March 24-27

Seller: Innsbruck Suites Investments LLC
Buyer: Russell L. Roberts Jr., Rome, Ga.
Property: Innsbruck condo unit 002, rotational priority 30H
Price: $93,700

Seller: Innsbruck Suites Investments LLC
Buyer: Joshua C. and Emily S. Fabio, Excelsior, Minn.
Property: Innsbruck condo unit 206, rotational priority 15E
Price: $79,300

Seller: Innsbruck Suites Investments LLC
Buyer: Frank Fisher, Lynn Fisher, Todd Fisher, Dallas, Texas
Property: Innsbruck condo unit 003, rotational priority 13D
Price: $45,500

Seller: Obermeyer Place Sales Group LLC, Obermeyer Place Rental Group LLC
Buyer: Mary Jane Hauser, Wayzata, Minn.
Property: Obermeyer Place condo unit 017A, parking garage upper level
Price: $249,900

Seller: Arledge Real Estate Corporation of Colorado
Buyer: John E. Delaney, Indio, Calif.
Property: Club Villas condo unit 205, phase I
Price: $765,000

Seller: Obermeyer Place Sales Group LLC, Obermeyer Place Rental Group LLC
Buyer: Magic Creek Development LLC, Austin, Texas
Property: Obermeyer Place condo unit 15A, parking garage upper level
Price: $228,800

Seller: Obermeyer Place Sales Group LLC, Obermeyer Place Rental Group LLC
Buyer: Magic Creek Development LLC, Austin, Texas
Property: Obermeyer Place condo unit 14A, parking garage upper level
Price: $339,000

March 17-21

Seller: Terry A. McKay Trust, Donna L. McKay
Buyer: Lorenzo J. Fertitta trustee, Teresa Jo Fertitta trustee, Lorenzo J. and Fertitta Jo Fertitta Trust, Lorenzo J. Fertitta Trust, Teresa Jo Ferrtitta Trust, Las Vegas, Nev.
Property: East Village PUD lot 45, parcel G Pines
Price: $11,500,000

Seller: Charles Leslie Yates
Buyer: Paul and Christina Cathers, Basalt, Colo.
Property: Basalt Business Center south lot S
Price: $625,000

Seller: Willard Allen Hughes II, Irene Hadey Hughes
Buyer: Lone Holdings LLC, Greenwood Village, Colo.
Property: Crestwood condo unit 105, building F
Price: $1,450,000

Seller: Obermeyer Place Sales Group LLC, Obermeyer Place Rental Group LLC
Buyer: Chad Weuve, Aspen
Property: Obermeyer Place condo unit 109, parking garage unit upper level
Price: $346,000

Seller: Pitkin Exchange Holdings of Aspen LLC
Buyer: Rufus Crockett, Aspen
Property: Villas at Elk Run unit 2202
Price: $600,000

Seller: Aspensmith Farms LLC
Buyer: Jaleston US Inc., Greenwich, Conn.
Property: White Star Ranch lot 6
Price: $8,116,667

Seller: Ritz Carlton Development Co. Inc.
Buyer: David Jackel trustee, Mountain Drive Trust, Orlando, Fla.
Property: Aspen Highlands condo unit 2304, fixed weeks 6, 11, 36 and floating weeks
Price: $227,000

March 6-14

Seller: Mascom Properties LLC
Buyer: DML Realty LLC, Chavies, Ky.
Property: City of Aspen lot E, block 8
Price: $7,250,000

Seller: James Neville Andrew Markham
Buyer: MSK-Aspen LLC, MSK Aspen LLC, Novato, Calif.
Property: Hyatt Grand Aspen condo unit 24, fixed weeks 51 and 52
Price: $905,000

Seller: Draco Inc.
Buyer: Community Banks of Colorado, Greenwood Village, Colo.
Property: Mill Street condo unit, commercial
Price: $7,750,000

Seller: Madelyn M. Levitt Trust
Buyer: Glaco Partnership, Urbandale, Iowa
Property: Enclave at Aspen lot 6
Price: $2,234,400

Seller: Aspen/Pitkin County Housing Authority
Buyer: Jonathan B. Chaplin, Katherine L. Kowalski, Aspen
Property: Centennial condo unit 207
Price: $227,800

Seller: Lineros Investments LP
Buyer: R W Schoettle, Houston, Texas
Property: Aspen Inn condo unit 3B
Price: $1,405,000

Seller: Innsbruck Suites Investments LLC
Buyer: Jerry Faitelson, Eve Feigelis, Williamsville, N.Y.
Property: Innsbruck condo unit 105, rotational priority 6A
Price: $157,000

Seller: Bart Segall, Magarita Valencia Segall
Buyer: James Kosglow Trust, Janice Kosglow Trust, Carbondale, Colo.
Property: Innsbruck condo unit 206, rotational priority 18F
Price: $107,000

Seller: SM Coles LLC
Buyer: Creekside at Old Snowmass LLC, Snowmass Village
Property: Lind-Koppel lot 1
Price: $3,925,000

Seller: Kei Kai Ventures LLC
Buyer: Benedict James Luis Wilkinson, London, England
Property: Hyatt Grand Aspen condo unit 32, fixed week 6 and floating weeks
Price: $140,000

Seller: Paul H. Turner
Buyer: 675 Meadows Road LLC, Aspen
Property: Janss lot 1, part of
Price: $5,850,000

Seller: Grand Aspen Lodging LLC
Buyer: Rodney Roland Morris, Robyn Thelma Morris
Property: Hyatt Grand Aspen unit 5, fixed week 5 and floating weeks
Price: $185,000

Seller: Stanford H. Johnson, Sean P. Cleary
Buyer: Trend Investments LLC, Rancho Santa Fe, Calif.
Property: Lot 13, section 16-township 9-range 85
Price: $810,000

Seller: Aspen/Pitkin County Housing Authority
Buyer: Shadrach K. Murphy, Aspen
Property: Centennial condo unit D204
Price: $217,000

Seller: Jeffrey Soffer
Buyer: Moore Ski Properties LLC, Miami, Fla.
Property: Moore Family PUD, lot 20, block G
Price: $11,400,000

Seller: Gerald D. Alpern, Carol J. Alpern
Buyer: William A. Cohan, Judith A. Cohan, Rancho Santa Fe, Calif.
Property: Mountain Valley lot 8, filing 1
Price: $3,155,000

Seller: Kei kai Ventures LLC
Buyer: Harris Firestone, New York, N.Y.
Property: Hyatt Grand Aspen unit 32, fixed week 5 and floating weeks
Price: $140,000

March 1-5

Seller: Grand Aspen Lodging LLC
Buyer: George Brian Hunter, South Yarro, Victoria
Property: Hyatt Grand Aspen unit 44B, fixed week 8 and floating weeks
Price: $150,000

Seller: Grand Aspen Lodging LLC
Buyer: Ronald and Tara Krolick, New York, N.Y.
Property: Hyatt Grand Aspen unit 51, fixed week 10 and floating weeks
Price: $355,000

Seller: Grand Aspen Lodging LLC
Buyer: George F Little II, Claudia R. Little, New York, N.Y.
Property: Hyatt Grand Aspen unit 31, fixed week 10 and floating weeks
Price: $285,000

Seller: John B. Stewart
Buyer: Ramsey E. Fulton, Colby J. Smith, Denver, Colo.
Property: Lot 7, section 34-township 8-range 88, SW4 NE4
Price: $580,000

Seller: William and Carolyn Powers
Buyer: Brian J. Flynn, Michelle M. Flynn, Chicago, Ill.
Property: Maroon Creek Club lot 26
Price: $9,375,000

Seller: Jeannette Falkenberg Gert trustee, Jan Gerk Trust
Buyer: Jeffrey Glenney, Amy Glenney, Kenneth R. Beuley, Elizabeth B. Beuley, Charlotte, N.C.
Property: Inns of Court condo unit 27CD, building 27
Price: $740,000

Seller: Obermeyer Place Sales Group LLC, Obermeyer Place Rental Group LLC
Buyer: Kenneth Grabow Trust, Aspen
Property: Obermeyer Place condo unit 08A, parking unit upper level
Price: $235,900

Seller: Frederic W. Bohlander trustee, Romona Bohlander Trust, Bohlander Trust
Buyer: Q&W LLC, Wilmington, Dela.
Property: Aspen Highlands condo unit 8412, residence interest 3
Price: $160,000

Seller: Innsbruck Suites Investments LLC
Buyer: Gerald Sandler, Barbara Sandler, Michelle Fox, Melville, N.Y.
Property: Innsbruck condo unit 003, rotational priority 31H
Price: $75,000

Seller: Mark R. Remley, Mark R. Remley Trust
Buyer: Nepsa Investment Group PTY Ltd., Melbourne Victoria, Australia
Property: Aspen Highlands Village PUD, block E, unit 6, Maroon Townhome phase 2
Price: $7,225,000

Seller: Angela Corson
Buyer: Katey A. and and Jack Potok, Warrington, Penn.
Property: Stonebridge Inn condo unit 516
Price: $142,500

FEBRUARY 2008
Feb. 29

Seller: Lauren R. and Jay M. Maytin
Buyer: Michael James and Denise Latousek, Carbondale
Property: East Cooper Townhouse unit 208
Price: $535,600

Seller: Robert Buzzetti
Buyer: Richard C. and Josephine G. Morgan, Northville, Mich.
Property: Aspen Residence Club and Hotel condo unit B22, premier club weeks
Price: $489,000

Seller: Ritz Carlton Development Co. Inc.
Buyer: Timothy W. and Andrea J. Murphrey, Orlando, Fla.
Property: Aspen Highlands condo unit 2408, fixed weeks 23, 24, 50 and floating weeks
Price: $155,000

Seller: Fox Crossing Partners LLC
Buyer: Suzanne Thomas Porter, B G Porter, Bartinville, Texas
Property: Fox Crossing lot 13, condo unit B
Price: $6,600,000

Seller: John T. Cooper Trust, John T. Cooper trustee
Buyer: Trami Tran-Schaszberger, Mark Schaszberger, Bethesda, Md.
Property: West Buttermilk Pfister tracts, lot 5
Price: $7,085,000

Seller: John T. Cooper
Buyer: Trami Tran-Schaszberger, Mark Schaszberger, Bethesda, Md.
Property: Section 23-township 8-range 88, SE4
Price: $250,000

Seller: John T. Cooper
Buyer: Trami Tran-Schaszberger, Mark Schaszberger, Bethesda, Md.
Property: Section 23-township 8-range 88, N2
Price: $250,000

Seller: Obermeyer Place Sales Group LLC, Obermeyer Place Rental Group LLC
Buyer: Klaus Obermeyer Jr., Aspen
Property: Obermeyer Place condo unit 03A, parking lower level
Price: $340,000

Seller: Aspen Alps 204 LLC
Buyer: Valerie Aspen LLC, New York, N.Y.
Property: Aspen Alps West unit 4
Price: $2,100,000

Feb. 25-28

Seller: Aspen/Pitkin County Housing Authority
Buyer: Katherine and Joshua Staskauskas, Aspen
Property: Burlingame Ranch 1 condo unit 203, building 123 Forge Road
Price: $388,200

Seller: William H. Lawson, Dale Daniel Lawson
Buyer: Jeffrey Shoaf, Aspen
Property: Wildridge II lot 17
Price: $1,850,000

Seller: Robert Vaupel, Kathleen Clark, Michael Sullivan
Buyer: Annie H. Weir, Howard T. Weir III, Washington, D.C.
Property: Club Villas condo unit 1532, phase III
Price: $900,000

Seller: Shelley R. Sponsler
Buyer: Todd Mitchell, Houston, Texas
Property: Le Chamonix condo unit 3
Price: $1,100,000

Seller: Robert M. Skare, Marilyn H. Skare
Buyer: Faith Inkubators Foundation, Stillwater, Minn.
Property: Mountain Valley lot 88, filing 3
Price: $3,066,180

Seller: Aspen B. Commercial Properties, Emmy Lou Brandt, Richard Clay Sutherland trustee, Estate of Richard S. Waterhouse, Cherry Anne Waterhouse Sutherland FBO
Buyer: Anderson Commercial Properties LLC, Quinlan Holdings LLC, Adesso LLC, White Windows LLC, Aspen
Property: Aspen Square condo unit B, commercial
Price: $7,000,000

Seller: Joseph Jefferson Wise
Buyer: Bruce Jeffreys, Key Largo, Fla.
Property: Prospector unit 208, use weeks 7, 11 and 51
Price: $75,000

Seller: Joseph Jefferson Wise
Buyer: Bruce Jeffreys, Key Largo, Fla.
Property: Prospector unit 207, use weeks 10, 29 and 47
Price: $80,000

Seller: Dee M. Schuler, Kent R. Schuler
Buyer: Steven David Shane, Clare Evert Shane, Snowmass
Property: Aspen West End condo unit 5
Price: $628,875

Feb. 15-22

Seller: Andrew M. Miller
Buyer: Peter Louras Trust, Mary Louras Trust, Aspen
Property: Davidson condo unit B
Price: $4,499,000

Seller: 102 Eastwood LLC
Buyer: Andrew M. Miller, Aspen
Property: Eastwood lot 16
Price: $7,500,000

Seller: Fred and Lois Margolin
Buyer: Mary L. Trask Trust, Mary L. Trask trustee, Springfield, Ill.
Property: Timbers Club at Snowmass condo unit C4, club interest C4 VII
Price: $485,000

Seller: Fox Crossing Partners LLC
Buyer: GD Aspen Partnership, Winnetka, Ill.
Property: Fox Crossing lot 13, condo unit A
Price: $6,000,000

Seller: Michael and Deborah Travin
Buyer: Maazb Family Limited Partnership, Brandon John Hunt, Stephanie Hunt, Newport Beach, Calif.
Property: Aspen Highlands condo unit 2312, fixed weeks 7, 13, 24 and floating weeks
Price: $420,000

Seller: St. Regis Residence Club of Colorado Inc.
Buyer: Clinton Phillips, Orlando, Fla.
Property: Aspen Residence Club and Hotel unit B43, premier club weeks
Price: $325,000

Seller: Bert G. Scott
Buyer: Nicole and John Lewis, Snowmass, Colo.
Property: Aspen View condo unit 308
Price: $820,000

Seller: GWM Properties LLC
Buyer: MH coordes LLC, Aspen
Property: Obermeyer Place condo unit 111, parking garage upper level
Price: $162,200

Seller: GWM Properties LLC
Buyer: Tammie Lane, Kirk Brunswold, Aspen
Property: Obermeyer Place condo unit 118, parking garage uper level
Price: $221,400

Seller: Republic LLC
Buyer: Studio Five LLC, Aspen
Property: Aspen Townhouses East unit 11
Price: $1,700,000

Seller: Tom W. Erickson, Cheryl Erickson
Buyer: Aspen/Pitkin County Housing Authority, Aspen
Property: Centennial condo unit 0207
Price: $167,300

Seller: Aspen/Pitkin County Housing Authority
Buyer: Russell E. Shaffran, Andrea M. Karson, Aspen
Property: Centennial condo unit 0207
Price: $167,300

Seller: RG Cooper Street LLC
Buyer: Hecht Trust, Aspen
Property: City of Aspen lot L, block 95, part of 4.83 percent interest
Price: $500,000

Seller: Stein Ericksen Family Partnership LLLP
Buyer: Perryton Holdings LLC, RG Cooper Street LLC, Stein Building LLC, Opal Holdings LLC, Greenwood Village, Colo.
Property: City of Aspen lot H, block 96
Price: $14,600,000

Feb. 7-14

Seller: Michael G. Hartmann trustee, Michael G. Hartmann Trust
Buyer: Colorado Cable Co., Little Rock, Ark.
Property: City of Aspen lot A, block 94
Price: $222,200

Seller: Michael G. Hartmann trustee, Michael G. Hartmann Trust
Buyer: Colorado Cable Co., Little Rock, Ark.
Property: City of Aspen lot A, block 94
Price: $222,200

Seller: Michael G. Hartmann trustee, Michael G. Hartmann Trust
Buyer: Colorado Cable Co., Little Rock, Ark.
Property: City of Aspen lot A, block 94
Price: $222,200

Seller: Brad Reed Nelson, Ann Brumby
Buyer: City of Aspen, Aspen
Property: Annie Mitchell Homstead unit 710
Price: $105,000

Seller: Strasser Property of Colorado Inc., Strasser Property of Orlando Inc.
Buyer: Antony Peter Ressler, Encino, Calif.
Property: East Village PUD lot 40, parcel G, The Pines
Price: $9,200,000

Seller: Beatrice Maresi
Buyer: Roaring Fork Valley Holdings LLC, Basalt
Property: Section 3-township 10-range 85, SW4 NW4 part of
Price: $4,350,000

Seller: Samantha Smalling
Buyer: Lynn Merriam, Todd Merriam, Carbondale
Property: Crystal River Country Estates lot 31, block 2
Price: $638,500

Seller: Innsbruck Suites Investments LLC
Buyer: Ronald M. and Sheryl Schreiber, Amherst, N.Y.
Property: Innsbruck condo unit 106, rotational priority 31K
Price: $74,300

Seller: Innsbruck Suites Investments LLC
Buyer: Ronald M. and Sheryl Schreiber, Amherst, N.Y.
Property: Innsbruck condo unit 103, rotational priority 18B
Price: $185,000

Seller: Fred C. and Lucetta M. Larkin
Buyer: Michael Knapp, Grand Rapids, Mich.
Property: Der Berghof unit 7
Price: $900,000

Seller: Michael Knapp
Buyer: Fred C. and Lucetta M. Larkin, Bow-Mar, Colo.
Property: Der Berghof unit 6
Price: $900,000

Seller: Arledge Real Estate Corp. of Colorado
Buyer: Anne P. Eldridge, Charles P. Eldridge, Augusta, Ark.
Property: Laurelwood condo unit 305
Price: $500,000

Seller: TG One Colorado LLC
Buyer: Green Jude Trust, Pacific Palisades, Calif.
Property: North of Nell condo unit 2D
Price: $1,800,000

Seller: Joe R. Whatley, Joe R. Whatley Jr.
Buyer: SJ Unit 2A LLC, Aspen
Property: Chateau Eau Claire condo unit 2, building A
Price: $2,125,000

Seller: David and Sigrid Murray
Buyer: Annette S. Keller, Aspen
Property: Lot 6, section 27-township 8-range 88 part of
Price: $1,775,000

Seller: David C. Lockwood, Michael R. Paxton
Buyer: Patrick Henry Jr., Lori Anne Henry, Snowmass, Colo.
Property: Molly Gibson condo loop unit B
Price: $4,850,000

Seller: Charles R. Walgreen
Buyer: Daniel L. Schwartz, Armonk, N.Y.
Property: Aspen Highlands condo unit 8210, residence interest 11
Price:$255,000

Seller: Dylan Maxwell Johns
Buyer: Stephen Kerr Wraith, Aspen
Property: Hunter Creek condo unit 231, building 200, phase I
Price: $685,900

Seller: Stephanie Elizabeth Krystyn
Buyer: Rufus Cami Cami LLC, Aspen
Property: SMB condo unit A, penthouse unit
Price: $2,030,000

Seller: Clyde T. Turner
Buyer: Geoffrey R. Langdon, Carrie C. Langdon, Rochester, Minn.
Property: Timbers Club at Snowmass condo unit A1, club interest A1-V
Price: $495,000

Seller: Caroline C. Roberts, Kevin W. Matuszak
Buyer: Sterling Trust Company, Alan M. Berg FBO, Los Angeles, Calif.
Property: Chateau Aspen unit 9
Price: $1,325,000

Feb. 1-6

Seller: Steven and Toni R. Sandler
Buyer: Roman Abramovich, Otke, Russia
Property: Divide subdivision lot 33
Price: $11,800,000

Seller: India Cutler Wardrop
Buyer: Mossimo Giannulli, Los Angeles, Calif.
Property: City of Aspen subdivision, lot A, block 21
Price: $8,750,000

Seller: Azita Mujica
Buyer: Edward Lenz, Irving, Texas
Property: Prospector condo unit 206, use weeks 24, 50 and 51
Price: $56,000

Seller: Innsbruck Suites Investments LLC
Buyer: Mark and Helena Greenspan, Malibu, Calif.
Property: Innsbruck condo unit 105, rotational priority 24C
Price: $169,000

Seller: Anthony F. and Madlyn Constant
Buyer: 143 Saddleback LLC, Aspen
Property: Horse Ranch lot 56
Price: $4,850,000

JANUARY 2008
Jan. 25-31

Seller: David W. Foster, Helen H. Mellick
Buyer: Centre West Development, Bradenton, Fla.
Property: Villas at Elk Run condo unit 7206
Price: $515,000

Seller: Bruce and Joan Blakemore
Buyer: ZG Partners LLC, Aspen
Property: Snowmass Club condo unit 124, one-seventh interest
Price: $220,000

Seller: Ritz Carlton Development Co. Inc.
Buyer: Maria T. Prose trustee, Thomas M. Prose trustee, Maria T. Prose Trust, Orlando, Fla.
Property: Aspen Highlands condo unit 2401, fixed weeks 2, 6, 8 and floating week
Price: $369,000

Seller: Ritz Carlton Development Co. Inc.
Buyer: Richard T. Haven, Orlando, Fla.
Property: Aspen Highlands condo unit 2407, residence interest 11
Price: $380,000

Seller: John McMahan, Jacqueline McMahan
Buyer: POC Bohn LLC, Metairie, La.
Property: Roaring Fork Club PUD lot 13, block 1
Price: $3,350,000

Seller: Innsbruck Suites Investments LLC
Buyer: James and Carole Robertson, Denver, Colo.
Property: Innsbruck condo unit 004, rotational priority 7B
Price: $75,000

Seller: Innsbruck Suites Investments LLC
Buyer: Michael Joseph, Amherst, N.Y.
Property: Innsbruck condo unit 103, rotational priority 101K
Price: $189,000

Seller: USL LLC
Buyer: Rancho Snowmass LLC, Daytona Beach, Fla.
Property: Woodrun I lot 48
Price: $3,925,000

Seller: Janet E. Fox, Thomas B. Fox
Buyer: Lary J. and Patricia G. Brayton, South Lake, Texas
Property: Snowmass Club condo unit 136, one-seventh interest
Price: $200,000

Seller: Fox Crossing Partners LLC
Buyer: Jorge Burtin Trust, Rosalba Burtin Trust, Laguna Beach, Calif.
Property: Fox Crossing lot 2, condo unit B
Price: $3,795,200

Seller: Aspen/Pitkin County Housing Authority
Buyer: Thomas O’Brien, Merle J. O’Brien, Aspen
Property: W/J Ranch Homes lot 59, filing 1
Price: $579,000

Seller: Aspen/Pitkin County Housing Authority
Buyer: Tammie and James Driscol, Aspen
Property: Smuggler Run Mobile Home Park lot F
Price: $229,500

Seller: Lavone Kay Staton
Buyer: Colorado Cable Co., Little Rock, Ark.
Property: City of Aspen lot B, block 94
Price: $666,700

Seller: Lawrence R. Hamner III, Constance E. Hamner
Buyer: Patrick Keelty, Bryan Hardeman, Basalt
Property: Woodrun I lot 43
Price: $4,650,000

Seller: LPI Aspen Inc.
Buyer: Little Cloud 3 LLC, Dania Beach, Fla.
Property: Little Cloud lot 3
Price: $6,000,000

Seller: Richard J. Williams
Buyer: Glenn E. Cozen, Deborah A. Cozen, South Pasadena, Calif.
Property: Aspen Highlands condo unit 8306, residence interest 7
Price: $235,000

Jan. 18-24

Seller: A Storied Place at Snowmass LLC
Buyer: Richard and Ellen Glaisner, River, Wis.
Property: Sanctuary at Snowmass condo unit 152, interval interest G
Price: $300,000

Seller: A Stories Place at Snowmass LLC
Buyer: ABC Real Estate Ventures LLC, Naperville, Ill.
Property: Sanctuary at Snowmass condo unit 150, interval interest H
Price: $300,000

Seller: Innsbruck Suites Investments LLC
Buyer: Jeffery and Jill Stern, Washington, D.C.
Property: Innsbruck condo unit 002, rotational priority 10C
Price: $47,900

Seller: Base Village Owner LLC
Buyer: SR Investment Holding LLC, Chicago, Ill.
Property: Hayden Lodge condo unit 2302
Price: $2,241,400

Seller: Zeff Capital Partners I LP, Zeff Capital Partners
Buyer: Bell 26 LLC, Bentonville, Ark.
Property: North of Nell condo unit 3D
Price: $1,900,000

Seller: Bari M. Stahl
Buyer: chris and Amy Pates, Glenwood Springs, Colo.
Property: Little Elk Creek Village subdivision lot 35, block 1, filing 1
Price: $795,000

Seller: Aspen/Pitkin County Housing Authority
Buyer: Janine L. Albert, Aspen
Property: Centennial condo unit A102
Price: $134,300

Seller: Aspen/Pitkin County Housing Authority
Buyer: Alena Gauba, Aspen
Property: Benedict Commons unit 21
Price: $109,100

Seller: Grand Aspen Lodging LLC
Buyer: Green Family Holding Co. LLC, Bloomfield Conn.
Property: Hyatt Grand Aspen condo unit 14, fixed week 11 and floating weeks
Price: $240,000

Seller: Carriageway LLC
Buyer: Carriage LLC, Aspen
Property: West Village Subdivision unit C, lot C1
Price: $3,000,000

Seller: Innsbruck Suites Investments LLC
Buyer: Armando and Caridad R. Garcia, Miami, Fla.
Property: Innsbruck condo unit 002, rotational priority 6B
Price: $46,700

Seller: Innsbruck Suites investments LLC
Buyer: Laurie M. McCants, Covington, La.
Property: Innsbruck condo unit 106, rotational priority 21G
Price: $97,000

Seller: Innsbruck Suites Investments LLC
Buyer: Oubay and Maria Atassi, Miami, Fla.
Property: Innsbruck condo unit 002, rotational priority 5B
Price: $45,000

Seller: Castle Creek Investors LLC
Buyer: Stephen H. Greenway, Aspen
Property: Section 36-township 10-range 85
Price: $875,000

Seller: Innsbruck Suites Investments LLC
Buyer: Mel and Rose Weinberger, Oakton, Va.
Property: Innsbruck condo unit 003, rotational priority 8B
Price: $45,000

Seller: Innsbruck Suites Investments LLC
Buyer: Marcy Jo Anderson, Marina Del Ray, Calif.
Property: Innsbruck condo unit 004, rotational priority 45L
Price: $82,200

Jan. 11-17

Seller: Innsbruck Suites Investments LLC
Buyer: David Kahn, Sherry Bindeman Kahn, Washington, D.C.
Property: Innsbruck condo unit 002, rotational priority 16D
Price: $47,900

Seller: Base Village Owner LLC
Buyer: Lofino Family Ltd, Dayton, Ohio
Property: Hayden Lodge condo unit 2201
Price: $1,724,900

Seller: Base Village Owner LLC
Buyer: Wilmette Partners LLC, Highland Park, Ill.
Property: Hayden Lodge condo unit 2305
Price: $1,724,900

Seller: Obermeyer Place Sales Group LLC, Obermeyer Place Rental Group LLC
Buyer: Ali Moshari, Middleburg, Va.
Property: Obermeyer Place condo unit 107, building Crescent
Price: $1,370,000

Seller: Obermeyer Place Sales Group LLC, Obermeyer Place Rental Group LLC
Buyer: OBP LLC, Aspen
Property: Obermeymer Place condo unit 104, building Crescent
Price: $544,000

Seller: Frank Bergen, Jennifer Czech Bergen
Buyer: Aspenkarma LLC, Aspen
Property: Section 2-township 11-range 85, HES 112 part of
Price: $3,000,000

Seller: Kippert R. Wheeler
Buyer: 81611 Investments LLC, Aspen
Property: Chateau Dumont condo unit 24
Price: $1,116,000

Seller: Richard M. Cheatham, Tracy B. Cheatham
Buyer: Elizabeth C Fort Door Trust, St. Louis, Mo.
Property: Roaring Fork Club pUD lot 17, block 2
Price: $3,100,000

Seller: Nelson F. Yarlott
Buyer: Jason and Courtney Jaynes, Carbondale
Property: Redstone lot 36
Price: $181,000

Seller: Whitney Gordon
Buyer: Shawn and Katherine Gleason, Snowmass Village
Property: Seasons Four condo unit 143, building L
Price: $548,800

Seller: Richard D. Jaquith
Buyer: Keith and Deborah Oates, Boston, Mass.
Property: Ridgerun III lot 5, 12.5 percent interest
Price: $211,400

Seller: Charles Frederick Bond trustee, Charles Frederick Bond Trust
Buyer: R Byron Roach Trustee LLC, Judson, Texas
Property: Horse Ranch lot 78
Price: $5,289,300

Seller: Barton and Shelli Craig
Buyer: Lucas Peck, Basalt
Property: Seasons Four condo unit 144, building L
Price: $695,000

Seller: Grand Aspen Lodging LLC
Buyer: Ronald A. Landry, Metairie, La.
Property: Hyatt Grand Aspen unit 11, fixed week 27 and floating weeks
Price: $140,000

Seller: Grand Aspen Lodging LLC
Buyer: Ronald A. Landry, Metaire, La.
Property: Hyatt Grand Aspen unit 11, fixed week 33 and floating weeks
Price: $130,000

Seller: 1220 Red Butte LLC
Buyer: Richard T. Butera, Sophie Harvey Butera, Aspen
Property: Gaylord lot 4
Price: $4,950,000

Seller: Tomkins Kern & Co.
Buyer: Douglas S. Tomkins, Aspen
Property: Aspenhof unit C5
Price: $275,000

Seller: Fox Crossing Partners LLC
Buyer: Anthony Jon Sherman trustee, Sherman Trust, John C. Fitzgerald, Mill Valley, Calif.
Property: Fox Crossing lot 2, condo unit A
Price: $3,785,800

Seller: Victoria Flynn
Buyer: Snowmass III LLC, Colorado Springs, Colo.
Property: Seasons Four condo unit 195, building Z
Price: $745,000

Jan. 1-10

Seller: Kent Brugger, Peggy Brugger
Buyer: Gary Pommer, Pamela Pommer, Aspen
Property: Shadow Mountain Lodge condo unit 12, use weeks 3, 22 and 34
Price: $15,000

Seller: City of Aspen
Buyer: David and Ellen Forsman, Aspen
Property: Burlingame Ranch 1 condo unit 206, building 99, Mining Stock Parkway
Price: $298,000

Seller: Aspen-Pitkin County Housing Authority
Buyer: David E. and Megan Nicole Prosser, Aspen
Property: Burlingame Ranch 1 condo unit 105, building 185, Forge Road
Price: $398,000

Seller: Robert W. and Lucille M. Hembel
Buyer: Crouch Crestwood LLC, Golden, Colo.
Property: Crestwood condo unit 202, building D
Price: $515,000

Seller: West Sopris Ranch LLC
Buyer: Green Drake Inn LLC, Basalt
Property: Dickson lot 1
Price: $7,043,000

Seller: Green Drake Inn LLC
Buyer: West Sopris Ranch LLC, Snowmass
Property: Ridge of Red Mountain lot 10
Price: $4,693,000

Seller: Base Village Owner LLC
Buyer: John R. Walter Trust, Chicago, Ill.
Property: Hayden Lodge condo unit 2307
Price: $1,782,400

Seller: Aspen/Pitkin County Housing Authority
Buyer: Catherine Kravtchenko-Depuydt, Grischa Kravtchenko, Aspen
Property: Burlngame Ranch condo unit 202, building 19, Lundvig Court
Price: $265,100

Seller: Daniel J. Martineau, Amy N.S. Martineau
Buyer: Guyasuta Seventh Street LLC, Pittsburgh, Penn.
Property: Adams lot 3
Price: $6,250,000

Seller: Walter and Friederike Stenger
Buyer: Basalt Riverview Ltd., Ottawa, Ontario, Canada
Property: Chateau Blanc condo unit 13
Price: $1,200,000

Seller: Base Village Owner LLC
Buyer: Lofino Family Ltd. LLC, Dayton, Ohio
Property: Hayden Lodge condo unit 2203
Price: $908,400

Seller: Base Village Owner LLC
Buyer: Hayden 304 LLC, Stamford, Conn.
Property: Hayden Lodge condo unit 2204
Price: $2,529,900

Seller: Aspen/Pitkin County Housing Authority
Buyer: Patrick S. Dietz, Aspen
Property: Centennial condo unit P107
Price: $85,500

Seller: Elizabeth K. and Joshua D. Mondry
Buyer: Mindi Safchik, Aspen
Property: Larkspur condo unit B5
Price: $2,000,000

Seller: Steve R. Stunda
Buyer: 11 DB LLC, Aspen
Property: Der Berghof condo unit 9
Price: $1,250,000

Seller:Double B Aspen LLC
Buyer: Reeta G. Casey Trust, Windermere, Fla.
Property: Aspen Highlands condo unit 8415, residence interest 12
Price: $165,000

Seller: Innsbruck Suites Investments LLC
Buyer: South Point Condo LLC, Wichita, Kan.
Property: Innsbruck condo unit 106, rotational priority 14E
Price: $117,900

Seller: Base Village Owner LLC
Buyer: ASF Trust, Kenilworth, Ill.
Property: Hayden Lodge condo unit 2205
Price: $1,609,900

Seller: Base Village Owner LLC
Buyer: Charles E. Taylor Jr., Washington, Ind.
Property: Hayden Lodge condo unit 2303
Price: $1,379,900

Seller: Ritz Carlton Development Co. Inc.
Buyer: Robert M. Taylor Trust, Robert M. Taylor trustee, Orlando, Fla.
Property: Aspen Highlands condo unit 2305, fixed weeks 32, 33, 34 and floating weeks
Price: $268,000

Seller: A Storied Place at Snowmass LLC
Buyer: Jim and Sandy Langdon, Washington, D.C.
Property: Sanctuary at Snowmass unit 143, interval interest G
Price: $300,000

Seller: Gerald Lee Mohl
Buyer: Nathan F. Benner, Sherry K. Benner, John Benner, Aspen
Property: Aspen Village lot 57
Price: $280,000

Seller: Aspen/Pitkin County Housing Authority
Buyer: Steven Sklar, Aspen
Property: Hunter Creek condo unit 526, building 500, phase II
Price: $177,400

Seller: Base Village Owner LLC
Buyer: Russell Darrow III, Hartland, Wis.
Property: Hayden Lodge condo unit 2204
Price: $2,069,900

Seller: Base Village Owner LLC
Buyer: Noel Upfall, West Blloomfield, Mich.
Property: Hayden Lodge condo unit 2207
Price: $1,263,900

Seller: Aspen/Pitkin County Housing Authority
Buyer: Steven K. Barr, Aspen
Property: Centennial condo unit C102
Price: $132,700

Seller: Aspen Condo LLC, Aspen Condo II LLC
Buyer: 81611 Investments LLC, Aspen
Property: Chateau Dumont unit 4
Price: $1,575,000

Seller: Gamble Quail 126 LLC
Buyer: Steve Sutter, Thornton, Colo.
Property: Crystal View Heights lot 2
Price: $429,000

Seller: Base Village Owner LLC
Buyer: Hayden Butrus Altitude Retreat LLC, Earth City, Mo.
Property: Hayden Lodge condo unit 2206
Price: $2,184,900

Seller: Aspen/Pitkin County Housing Authority
Buyer: Hilary C. Stunda, David Richie, Aspen
Property: Burlngame Ranch I condo unit 101, building 185, Forge Road
Price: $299,000

Seller: Grand Aspen Lodging LLC
Buyer: W. Spencer Stasney, Charles Richard Stasney, Susan Pitzer Stasney, Kathryn Stasney Childers, Elizabeth Stasney Moriarty, Houston, Texas
Property: Hyatt Grand Aspen unit 3, fixed week 26 and floating weeks
Price: $215,000

Seller: Grand Aspen Lodging LLC
Buyer: Charles Richard Stasney, Susan Pitzer Stasney, Kathryn Stasney Childers, Elizabeth Stasney Moriarty, W. Spencer Stasney, Houston, Texas
Property: Hyatt Grand Aspen unit 3, fixed week 27 and floating weeks
Price: $204,300

Seller: Cemetery Lane LLC
Buyer: Alison Levin trustee, Alison Levin Trust, David Levin trustee, David Levin Trust, Bal Harbor, Fla.
Property: Independence View condo unit D
Price: $3,400,000

Seller: Innsbruck Suites Investments LLC
Buyer: Peter Polow, South Orange, N.J.
Property: Innsbruck condo unit 106, rotational priority 4B
Price: $99,700

Seller: Obermeyer Place Sales Group LLC
Buyer: Timothy Fortier, Aspen
Property: Obermeyer Place condo unit 102, parking garage upper level
Price: $1,760,000

Seller: City of Aspen
Buyer: Bryan and Jodie Nelson, Aspen
Property: Burlingame Ranch I condo unit 204, building 99, Mining Stock Parkway
Price: $202,000

Seller: Claro LLC
Buyer: Karlis Felzenberg, Megan Disabatino, Aspen
Property: Section 28-township 10-range 84 NW4 NW4 SW4 NW4
Price: $3,050,000

Seller: Thomas E. Noel, Geraldine B. Noel
Buyer: Kevin T. Clare, Nancy L. Shute, Sharon K. Kilmer, Manhattan Beach, Calif.
Property: Aspen Highlands condo unit 8310, residence interest 7
Price: $290,000

Seller: A Storied Place at Snowmass LLC
Buyer: Doug and Fran Gerrard, Sunny Isles Beach, Fla.
Property: Sanctuary at Snowmass unit 150, interval interest F
Price: $300,000

Seller: Kevin McClure
Buyer: Douglas E. Olson, Andrea P. Olson, Basalt
Property: Brush Creek Village lot 2, block 4
Price: $685,000

Seller: Ute Ave LLC
Buyer: Todd Mitchell, Aspen
Property: Powder House condo unit 7, office
Price: $945,000

Seller: Kathy D. Weiss
Buyer: 81611 Investments LLC, Aspen
Property: Chateau Dumont unit 20
Price: $1,550,000

Seller: Woody Creek Mobile Homeowners Association
Buyer: William Volckhausen, Snowmass Village
Property: Woody Creek subdivision/PUD lot 19
Price: $85,300

Seller: New Consolidated Standard, Champion, Empire, Alpine Bushwacker, Cowenhoven Mining Tunnel & Drainage Com, Sharon Wynters trustee, Della S. Fulton, Realization, Free Silver, Mineral Farm, Alta Argentina, Homestead, Snowstorm, St. Joe
Buyer: Pitkin County, Aspen
Property: One-half interest part of mine Arkansaw 8394
Price: $100,000

Seller: Base Village Owner LLC
Buyer: Muirfield Investors LLC, Northfield, Ill.
Property: Hayden Lodge condo unit 2209
Price: $1,609,900