Erik Cavarra continues to sell the Mountain Sage Development in Carbondale, Colorado. After successfully selling all 8 of the Phase I Development on December 28, 2012, and place Phase II of the Land under Contract, Erik Cavarra has just closed a Three Bedroom Residence, Unit 1053 on January 3rd, 2013. The Property Closed for $355,000 or $197.22 per foot. There are also Three Additional Continue Reading
Aspen & Snowmass Village’s Top 20 Most Expensive Home Sales in 2012
December 2012: Erik Cavarra shares his market data and real estate area expertise by highlighting the Aspen & Snowmass Areas most expensive home sales in 2012. These luxury homes truly make the eye candy for the world's wealthiest as they play in the Winter Wonderland of Aspen, Colorado. CMA:Comparable Properties Summary of Closed Listings MLS # Address List Continue Reading
Aspen, Colorado: Real Estate Single Family Home Sales & Market Update Report
Aspen, Colorado: 12/30/12 Currently, there are 22 Single Family Homes Listed for sale within the Central Core of Aspen, Colorado. Prices range from $1.2m - $23m. During the past year, we have successfully closed 11 Single Family homes within the Central Core of Aspen, Colorado. Erik Cavarra is seeing more activity in the 2012-13 Season as compared to a year ago at this time. Expectations Continue Reading
Residences at Snowmass Club: Erik Cavarra Real Estate Snowmass Village Fractional Sales
Snowmass Village, Colorado: Erik Cavarra has just placed a Three Bedroom, Three Bath Residences at Snowmass Club Unit Under Contract. This Unit will close early 2013. With addition of the Toll Brothers Purchasing the Snowmass Club combined with the $2.4m Renovation by Rowland & Broughton, Erik Cavarra is anticipating a continued strong selling and rental season for the Residences at Continue Reading
Carbondale, Colorado Development Sells via Erik Cavarra
12/28/12 Erik Cavarra has just sold the Mountain Sage Development to a Colorado Development & Investor Group. The Group is planning on Completing Phase II of the development and has already Listed the remaining 8 Units of Phase I. Four of the Eight are already Under Contract with Closings Scheduled in January. Located on Main Street in Carbondale, the Mountain Sage Townhomes are Continue Reading
Aspen Real Estate Market
ASPEN — Erik Cavarra recognizes the current trend in Aspen's economy. Local, & International Investment groups buy center stage in Aspen's playgrounds. There is no wonder why Aspen Colorado is truly Colorado's most expensive neighborhood. It's not just a milkshake or gas that costs more, it's Real Estate. Real Estate or Gold is the question? Which is worth more in Aspen? Local Continue Reading
Fractional Real Estate Report: December 2012 Aspen & Snowmass Village Colorado
Fractional Resort Total # of Project Interests Total Number of Units Remaining Developer Inventory Total # of Interests on the Market Avg Listing Price # of Closings Since January 1, 2011 Average Days on Market Residences at SMC 290 40 1 (3) bed Sanctuary 19 $234,520 23 199 Timbers Continue Reading
Erik Cavarra Sells Off-Market $8.5m Home in the Pines Neighborhood of Snowmass Village, Colorado
Snowmass Village, Colorado: On December 12, 2012, Erik Cavarra Closed one of the Best Single Family Homes within the Pines Neighborhood of Snowmass Village, Colorado. This Luxury 6,219 square foot home is known as Castle Pines. Off Market, Private Sale and Transaction is the 2nd home Erik Cavarra has sold in the Pines in the 2011 - 2012 period. Elegant and spacious 7 Continue Reading
Toll Brothers Announces Bid to buy the Snowmass Club
ASPEN, Colo.—Aspen Skiing Co. says it is under contract to sell the Snowmass Club to a division of Toll Brothers Inc. The company said Wednesday that the sale to Toll Golf is expected to close in January. The price wasn't disclosed. This will be interesting to see if the transaction is finalized. In Real Estate, Due Diligence is everything. The Snowmass Club is somewhat complex in it's Continue Reading
Early Hotel Bookings Lower Due to Weather Conditions
Erik Cavarra of Alpine Real Estate believes that early Season Bookings may be off it's normal occupancy pace because of the low snow and weather conditions. Being a Golfer, playing Aspen Golf Course in November is a good thing, playing the same course in December could be an indication that Future Resort bookings remain at Par or worse if we don't receive Snow. Aspen & Snowmass is known for Continue Reading