Keeping you informed on market statistics, real estate news, and events around town

Wednesday, November 17, 2010


VAIL, Colo. – Nov. 15, 2010 – With nearly a foot of new snow over the weekend at mid-mountain and snowmaking conditions prime for lower elevations, Vail Mountain operations crews plan to open more lifts and terrain than initially anticipated with approximately 550 acres of skiable terrain on opening day, Friday, Nov. 19.

“The recent storms have been a huge help to our snowmaking and grooming crews who have been hard at work to provide our guests with the best opening day and early-season terrain offering we’ve seen in the last few years,” said Chris Jarnot, senior vice president and chief operating officer of Vail Mountain. “We’re looking forward to getting the 2010-2011 season started and will provide additional updates over the next few days.”

Beginning at 9 a.m. on Friday, Nov. 19, guests to Vail will be able to access the mountain from both the Vail Village and Lionshead base areas through the Vista Bahn Express Lift (#16), the Born Free Express Lift (#8) and the Eagle Bahn Gondola (#19). Skiers and riders will also have access to the following lifts and portions of terrain in these areas:

Avanti Express Lift (#2)
Wildwood Express Lift (#3)
Mountaintop Express Lift (#4)
Little Eagle Lift (#15)

Wednesday, November 10, 2010

Eagle County real estate surpasses $1 billion in dollar volume

For the first time in two years Eagle County has surpassed the $1 billion mark bringing the total to $1.1 billion over 926 transactions through September.

September’s dollar volume of $235 million is the 2nd highest volume month in three years (since September of 2007). This large volume month is the result of 2 large sales:

1) The Ritz Carlton had 45 units in Lionshead that sold for $110,890,000

2) Stratton Flats in Gypsum sold for $18,000,000

Without these two large-volume sales we would have remained consistent with the previous months of 2010 with $106,805,303 in dollar volume, which is up 6% over September 2009.

Notable Statistics:

*Eagle County has had 66 bank sales so far through 2010
*Two Strawberry Park homes sold; the highest priced was $7.8 million
*Of all properties sold, 40% are for less than $500,000