Rich Wagar Real Estate
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Rich's Aspen Newsletter .
November 2004
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Rich's Corner
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Rich Wagar Associates Sells
Three Owl Creek Ranch Homes

The high end Aspen real estate market has been able to produce consistent sales above $10,000,000 regardless of the market trends. I personally participated in three Owl Creek Ranch sales, all well over $10,000,000 since the year 2000. The most recent sale was for the Bishop residence. "Team Shlomo" whose members include Peggy Scharlin, Shlomo Ben-Hamoo, and Rich Wagar closed the property in October.




This property, originally built by James Hartrich for Robert White, consists of 77 acres, a 12,000 square foot house, a guest house, three exquisitely landscaped ponds and much more. The list price was $16,500,000, for the sold price, give Rich a call. If you or your friends are considering buying or selling Aspen area properties, ask for a "Team Shlomo" member. Three top agents for the price of one

With kindest regards, I am Sincerely yours,
Rich Wagar

P.S. I continue to put my money where my mouth is. I purchased another Aspen property last month. If anyone has a better place to "park" extra cash, please let me know.




 
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Upcoming Events Calendar
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November 25: Opening Day - Snowmass and Aspen Mountain

November 26th to 28th: Aspen Winternational FIS Alpine World Cup Ski Racing

December 11: Opening Day - Aspen Highlands and Buttermilk

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Featured Properties

 
Roaring Fork River
$2,995,000
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.Free Market Report
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Click on the link below to view this free market report for Aspen area real estate through the 3RD quarter of 2004. The report contains such valuable information as the average home sales price, total sales volume, total homes listed for sale, and much more. This file is a .pdf and requires Acrobat Reader for viewing.

2004 3rd Quarter Market Report


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Early Season Rates
for Season Passes!



The Ski Season is not too far away...
Don't forget to buy your passes and tickets early for the best savings. November 11 is the last day for purchasing at early season pass rates.

More on Season Passes

In The News:

Sales in September Sizzle


Retail figures up 20 percent for month


By Janet Urquhart
November 2, 2004



Temperatures fell, and so did the leaves, but Aspen's retail sales jumped dramatically in September. They were up 20 percent compared to the same month a year ago.

For the first three quarters of the year, sales are up 7.7 percent, compared to sales activity for the first nine months of 2003, according to the latest figures from the city's finance office.

After a lackluster summer, September sizzled. Tourist accommodations were up 40.5 percent and restaurant business was up 21 percent for the month. Together, the two categories made up nearly 41 percent of overall sales for the first three quarters of the year.

Sports equipment/clothing sales were up 24.5 percent for the month and clothing sales posted a 22.5 percent gain, compared to September 2003.

Liquor store sales were up 14.8 percent; utilities were up 16.6 percent; general retail was up about 18 percent; and food and drug sales jumped by 6.4 percent.

Specialty retail, a category that includes gifts, books, antiques, luggage and the like, was down 4.8 percent.

Among the smallest segments of the overall retail economy, gallery sales posted a 209 percent gain in September, but that category accounted for just 1.8 percent of overall sales for the first three quarters of the year.

Read More of this Aspen Times Article

 
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email: rich@9203131.com
voice: 970-920-3131
web: http://www.wagarrealestate.com

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Rich Wagar Associates | 601 East Hyman Suite #104 | Aspen, CO 81611

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