Vail Valley Market Analysis - October 2008

Market Data Courtesy of Trevor Theelke of Land Title 

For the Full Report Click Here --> Land Title Market Analysis - October 2008

October 2008 - New High for Monthly Transactions

 Thanks to a large number of new development closings, including 40 Westin closings that totaled more than $32 million, October became this year's leader of monthly transactions.  There were 175 closings in October totaling $167,624,000. 

Despite the troubles of the national real estate picture, the Vail valley real estate market continues to hold its ground.  At the end of October, the total year-to-date sales volume was $1,835,624,200, which is 28% behind last year's October number, but only 17% behind 2006.

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