market data - june 2009

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June 2009 Market Data provided by BeaverCreekOnline.com and David McHugh and Kenton Hopkins.

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Month 2006% of

Previous Year

2007% of

Previous Year

2008% of

Previous Year

2009% of

Previous Year

January $138,340,500 104% $173,416,500 125% $124,253,400 72% $40,487,500 33%February $149,697,700 87% $253,057,700 169% $207,081,600 82% $56,760,800 27%March $238,965,700 118% $266,688,300 112% $228,388,700 86% $59,372,400 26%April $183,511,300 81% $233,926,100 127% $137,700,500 59% $57,947,000 42%May $257,872,000 122% $301,894,600 117% $158,543,900 53% $70,751,600 45%June $277,390,500 101% $332,660,200 120% $188,121,300 57% $95,286,400 51%July $214,424,600 98% $190,341,400 89% $243,432,100 128%August $258,099,400 110% $313,687,200 122% $211,288,800 67%September $259,621,200 91% $260,515,200 100% $169,448,700 65%October $228,350,800 88% $215,096,100 94% $167,365,200 78%November $298,677,400 83% $216,475,200 72% $174,144,400 80%December $249,220,500 112% $202,738,700 81% $225,150,500 111%

YTD - TOTAL $1,245,777,700 102% $1,561,643,400 125% $1,044,089,400 67% $380,605,700 36%Year End Total $2,754,171,600 98% $2,960,497,200 107% $2,234,919,100 75%

Month 2006% of

Previous Year

2007% of

Previous Year

2008% of

Previous Year

2009% of

Previous Year

January 182 94% 175 96% 104 59% 46 44%February 186 89% 273 147% 131 48% 55 42%March 259 83% 210 81% 145 69% 44 30%April 233 62% 221 95% 117 53% 54 46%May 290 76% 266 92% 107 40% 79 74%June 326 88% 286 88% 172 60% 78 45%July 261 80% 204 78% 157 77%August 292 86% 285 98% 110 39%September 278 67% 248 89% 166 67%October 269 73% 181 67% 175 97%November 264 64% 190 72% 120 63%December 275 83% 149 54% 102 68%

YTD - TOTAL 1,476 80% 1,431 97% 776 54% 356 46%Year End Total 3,115 77% 2,688 86% 1,606 60%Please note: The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

Eagle County, Colorado

June 2009

Month to Month Comparison by Number of Transactions

Month to Month Comparison by Total Dollar Volume

MARKET ANALYSIS

VAIL108 S. Frontage Rd. W

Suite 203P O Box 357

Vail, CO 81658ph: (970) 476-2251fax: (970) 476-4534

AVON0090 Benchmark Rd

Suite 205P O Box 3480

Avon, CO 81620ph: (970) 949-5099fax: (970) 949-4892

EAGLE65 Market Street

Suite 4P O Box 4420

Eagle, CO 81631ph: (970) 328-5065fax: (970) 328-5064

Compliments of:Trevor [email protected]

Bob [email protected]

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

AreaTotal Dollar

Volume% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

Bighorn, East Vail $0 0.00% 0 0.00% $0 $0

Booth Creek, The Falls $912,500 0.96% 1 1.28% $912,500 n/a

11th Filing, Vail Golf Course $0 0.00% 0 0.00% $0 $0

Vail Village $1,853,800 1.95% 4 5.13% $463,450 $457,450

Lionshead $5,037,500 5.29% 2 2.56% $2,518,750 n/a

Spraddle Creek $0 0.00% 0 0.00% $0 $0

Potato Patch $0 0.00% 0 0.00% $0 $0Lionsridge, Sandstone, The Ridge, The Valley $1,178,700 1.24% 3 3.85% $392,900 $287,500

Cascade Village, Glen Lyon $0 0.00% 0 0.00% $0 $0Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge $432,400 0.45% 2 2.56% $216,200 $400,000

Highland Meadows $0 0.00% 0 0.00% $0 $0Intermountain, Matterhorn, Vail Village West $693,800 0.73% 2 2.56% $346,900 n/a

Minturn, Redcliff $1,569,000 1.65% 2 2.56% $784,500 n/a

Eagle Vail $2,530,000 2.66% 4 5.13% $632,500 $622,500

Avon $698,200 0.73% 2 2.56% $349,100 n/a

Mountain Star $15,500,000 16.27% 1 1.28% $15,500,000 n/a

Wildridge $2,092,800 2.20% 3 3.85% $697,600 $565,000

Beaver Creek $5,425,000 5.69% 2 2.56% $2,712,500 n/a

Bachelor Gulch $2,500,000 2.62% 1 1.28% $2,500,000 n/a

Arrowhead $16,550,000 17.37% 5 6.41% $3,310,000 $1,950,000

Berry Creek, Singletree $1,585,400 1.66% 1 1.28% $1,585,400 n/a

Edwards $1,290,000 1.35% 3 3.85% $430,000 $410,000

Homestead, South 40 $1,238,000 1.30% 3 3.85% $412,667 $370,000

Lake Creek, Squaw Creek $0 0.00% 0 0.00% $0 $0

Cordillera Valley Club $1,900,000 1.99% 1 1.28% $1,900,000 n/a

Cordillera $21,200,000 22.25% 1 1.28% $21,200,000 n/a

Wolcott $0 0.00% 0 0.00% $0 $0

Bellyache, Red Sky $235,000 0.25% 1 1.28% $235,000 n/a

Eagle $4,067,600 4.27% 15 19.23% $271,173 $270,000

Gypsum $3,771,600 3.96% 14 17.95% $269,400 $285,600

Basalt, El Jebel and Misc. In-County $3,025,100 3.17% 5 6.41% $605,020 $499,000

TOTAL $95,286,400 100.00% 78 100.00% $1,211,621 $400,000Please note: The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

Market Analysis by AreaIncludes: Commercial, Residential and Vacant Land

June 2009Eagle County, Colorado

VAIL108 S. Frontage Rd. W

Suite 203P O Box 357

Vail, CO 81658ph: (970) 476-2251fax: (970) 476-4534

AVON0090 Benchmark Rd

Suite 205P O Box 3480

Avon, CO 81620ph: (970) 949-5099fax: (970) 949-4892

EAGLE65 Market Street

Suite 4P O Box 4420

Eagle, CO 81631ph: (970) 328-5065fax: (970) 328-5064

Compliments of:Trevor [email protected]

Bob [email protected]

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

SaleNumber of

Transactions Total Dollar Volume Average Sales Price SaleNumber of

TransactionsTotal Dollar

VolumeAverage Sales

PriceUnder $500,000 30 $10,551,100 $351,703 Single Family 31 $53,750,600 $1,733,890

$500,001 to $1,000,000 11 $7,380,500 $670,955 Multi Family 27 $17,207,700 $637,322$1,000,001 to $1,500,000 5 $5,778,800 $1,155,760 Vacant Residential Land 8 $1,262,500 $157,813$1,500,001 to $2,000,000 5 $8,860,400 $1,772,080$2,000,001 to $2,500,000 2 $4,687,500 $2,343,750$2,500,001 to $3,000,000 2 $5,850,000 $2,925,000$3,000,001 to $3,500,000 0 $0 $0$3,500,001 to $4,000,000 1 $3,600,000 $3,600,000$4,000,001 to $4,500,000 0 $0 $0$4,500,001 to 5,000,000 0 $0 $0

Over $5 Million 2 $24,250,000 $12,125,000Improved Residential Total: 58 $70,958,300 $1,223,419 Total 66 $72,220,800 $1,094,255Residential Vacant Land and

Commercial Total*: 20 $24,328,100 $1,216,405

Compliments of:Trevor [email protected]

Bob [email protected]

* includes all non-improved residential transactions

Imp

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al

Total Number of Transactions

Under $500,000

51%

$500,001 to $1,000,000

19%

Over 2 Million12%

$1,000,001 to

$1,500,0009%

$1,500,001 to

$2,000,0009%

Total Dollar Volume

$500,001 to $1,000,000

10%

$1,000,001 to

$1,500,0008%

$1,500,001 to

$2,000,00013%

Over 2 Million54%

Under $500,000

15%

All Residential TransactionsJune 2009

Eagle County, Colorado

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

SaleNumber of

Transactions Total Dollar Volume Average Sales Price SaleNumber of

TransactionsTotal Dollar

VolumeAverage Sales

PriceUnder $500,000 95 $33,073,200 $348,139 Single Family 118 $165,173,100 $1,399,772

$500,001 to $1,000,000 69 $51,103,300 $740,628 Multi Family 125 $150,195,500 $1,201,564$1,000,001 to $1,500,000 23 $28,193,300 $1,225,796 Vacant Residential Land 22 $10,081,000 $458,227$1,500,001 to $2,000,000 17 $30,929,100 $1,819,359$2,000,001 to $2,500,000 10 $23,330,700 $2,333,070$2,500,001 to $3,000,000 7 $19,720,000 $2,817,143$3,000,001 to $3,500,000 7 $22,544,000 $3,220,571$3,500,001 to $4,000,000 2 $7,600,000 $3,800,000$4,000,001 to $4,500,000 2 $8,350,000 $4,175,000$4,500,001 to 5,000,000 0 $0 $0

Over $5 Million 11 $90,525,000 $8,229,545Improved Residential Total: 243 $315,368,600 $1,297,813 Total 265 $325,449,600 $1,228,112Residential Vacant Land and

Commercial Total*: 113 $65,237,100 $577,319

Compliments of:Trevor [email protected]

Bob [email protected]

Imp

rove

d R

esid

enti

al

All Residential TransactionsYear End - 2008

Eagle County, Colorado

Total Number of Transactions

Under $500,000

39%

$500,001 to $1,000,000

28%

Over 2 Million16%

$1,000,001 to

$1,500,00010%

$1,500,001 to

$2,000,0007%

Total Dollar Volume

$500,001 to $1,000,000

16%

$1,000,001 to

$1,500,0009%

$1,500,001 to

$2,000,00010%

Over 2 Million55%

Under $500,000

10%

All Residential TransactionsYear to Date; Through June - 2009

Eagle County, Colorado

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

SaleNumber of

TransactionsTotal

Dollar VolumeAverage

Sales PriceYTD Number of Transactions

YTD Total Dollar Volume

YTD Average Sales Price

Commercial Improved 4 $22,057,100 $5,514,275 28 $38,428,200 $1,372,436Commercial Vacant 6 $638,700 $106,450 37 $4,935,000 $133,378Development Vacant 0 $0 $0 0 $0 $0

Total 10 $22,695,800 $2,269,580 65 $43,363,200 $667,126

Compliments of:Trevor [email protected]

Bob [email protected]

Commercial TransactionsJune 2009

Eagle County, Colorado

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

AreaTotal Dollar

Volume% of Volume

Number of Transactions

% of Transactions

Average Transaction Price

Median Transaction Price

Bighorn, East Vail $8,753,500 2.30% 12 3.37% $729,458 $490,000

Booth Creek, The Falls $912,500 0.24% 1 0.28% $912,500 n/a

11th Filing, Vail Golf Course $962,500 0.25% 1 0.28% $962,500 n/a

Vail Village $51,130,600 13.43% 40 11.24% $1,278,265 $450,000

Lionshead $21,187,500 5.57% 5 1.40% $4,237,500 $2,518,750

Spraddle Creek $0 0.00% 0 0.00% $0 $0

Potato Patch $0 0.00% 0 0.00% $0 $0Lionsridge, Sandstone, The Ridge, The Valley $4,683,700 1.23% 8 2.25% $585,463 $550,000

Cascade Village, Glen Lyon $5,985,000 1.57% 4 1.12% $1,496,250 $1,500,000

Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge $4,062,300 1.07% 7 1.97% $580,329 $280,000

Highland Meadows $1,100,000 0.29% 1 0.28% $1,100,000 n/a

Intermountain, Matterhorn, Vail Village West $8,250,800 2.17% 10 2.81% $825,080 $500,000

Minturn, Redcliff $2,924,000 0.77% 4 1.12% $731,000 $784,500

Eagle Vail $5,276,300 1.39% 10 2.81% $527,630 $498,150

Avon $11,634,100 3.06% 22 6.18% $528,823 $330,000

Mountain Star $15,500,000 4.07% 1 0.28% $15,500,000 n/a

Wildridge $6,477,800 1.70% 8 2.25% $809,725 $806,750

Beaver Creek $52,876,900 13.89% 25 7.02% $2,115,076 $2,000,000

Bachelor Gulch $22,050,000 5.79% 5 1.40% $4,410,000 $4,250,000

Arrowhead $35,288,500 9.27% 17 4.78% $2,075,794 $1,600,000

Berry Creek, Singletree $9,765,600 2.57% 10 2.81% $976,560 $831,000

Edwards $9,234,300 2.43% 21 5.90% $439,729 $362,100

Homestead, South 40 $1,238,000 0.33% 3 0.84% $412,667 $370,000

Lake Creek, Squaw Creek $4,962,000 1.30% 2 0.56% $2,481,000 n/a

Cordillera Valley Club $9,114,000 2.39% 6 1.69% $1,519,000 $326,500

Cordillera $33,378,500 8.77% 11 3.09% $3,034,409 $1,150,000

Wolcott $0 0.00% 0 0.00% $0 $0

Bellyache, Red Sky $1,435,000 0.38% 2 0.56% $717,500 n/a

Eagle $18,018,800 4.73% 50 14.04% $360,376 $299,000

Gypsum $10,932,900 2.87% 38 10.67% $287,708 $300,000

Basalt, El Jebel and Misc. In-County $23,470,600 6.17% 32 8.99% $733,456 $520,000

TOTAL $380,605,700 100.00% 356 100.00% $1,069,117 $495,000Please note: The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

Market Analysis by AreaIncludes: Commercial, Residential and Vacant Land

Year End - 2008Eagle County, Colorado

VAIL108 S. Frontage Rd. W

Suite 203P O Box 357

Vail, CO 81658ph: (970) 476-2251fax: (970) 476-4534

AVON0090 Benchmark Rd

Suite 205P O Box 3480

Avon, CO 81620ph: (970) 949-5099fax: (970) 949-4892

EAGLE65 Market Street

Suite 4P O Box 4420

Eagle, CO 81631ph: (970) 328-5065fax: (970) 328-5064

Compliments of:Trevor [email protected]

Bob [email protected]

Market Analysis by AreaIncludes: Commercial, Residential and Vacant Land

Year to Date; Through June - 2009Eagle County, Colorado

VAIL108 S. Frontage Rd. W

Suite 203P O Box 357

Vail, CO 81658ph: (970) 476-2251fax: (970) 476-4534

AVON0090 Benchmark Rd

Suite 205P O Box 3480

Avon, CO 81620ph: (970) 949-5099fax: (970) 949-4892

EAGLE65 Market Street

Suite 4P O Box 4420

Eagle, CO 81631ph: (970) 328-5065fax: (970) 328-5064

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

AreaTotal Dollar

Volume% of

VolumeNumber of

Transactions% of

TransactionsAverage

Transaction PriceMedian

Transaction PriceAvg. Price/sq.

ft

Bighorn, East Vail $0 0.00% 0 0.00% $0 $0 $0

Booth Creek, The Falls $912,500 1.29% 1 1.72% $912,500 n/a $735

11th Filing, Vail Golf Course $0 0.00% 0 0.00% $0 $0 $0

Vail Village $1,484,000 2.09% 2 3.45% $742,000 n/a $1,256

Lionshead $5,037,500 7.10% 2 3.45% $2,518,750 n/a $1,321

Spraddle Creek $0 0.00% 0 0.00% $0 $0 $0

Potato Patch $0 0.00% 0 0.00% $0 $0 $0Lionsridge, Sandstone, The Ridge, The Valley $1,178,700 1.66% 3 5.17% $392,900 $287,500 $327

Cascade Village, Glen Lyon $0 0.00% 0 0.00% $0 $0 $0Buffer Creek, Vail Das Shone, Vail Heights, Vail Ridge $432,400 0.61% 2 3.45% $216,200 n/a $330

Highland Meadows $0 0.00% 0 0.00% $0 $0 $0Intermountain, Matterhorn, Vail Village West $693,800 0.98% 2 3.45% $346,900 n/a $254

Minturn, Redcliff $1,569,000 2.21% 2 3.45% $784,500 n/a $409

Eagle Vail $2,530,000 3.57% 4 6.90% $632,500 $622,500 $290

Avon $698,200 0.98% 2 3.45% $349,100 n/a $567

Mountain Star $15,500,000 21.84% 1 1.72% $15,500,000 n/a $1,404

Wildridge $2,092,800 2.95% 3 5.17% $697,600 $565,000 $366

Beaver Creek $5,425,000 7.65% 2 3.45% $2,712,500 n/a $877

Bachelor Gulch $2,500,000 3.52% 1 1.72% $2,500,000 n/a $986

Arrowhead $16,550,000 23.32% 5 8.62% $3,310,000 $1,950,000 $552

Berry Creek, Singletree $1,585,400 2.23% 1 1.72% $1,585,400 n/a $286

Edwards, Scottsville $770,000 1.09% 2 3.45% $385,000 n/a $258

Homestead, South 40 $1,238,000 1.74% 3 5.17% $412,667 $370,000 $321

Lake Creek, Squaw Creek $0 0.00% 0 0.00% $0 $0 $0

Cordillera Valley Club $1,900,000 2.68% 1 1.72% $1,900,000 n/a $327

Cordillera $0 0.00% 0 0.00% $0 $0 $0

Wolcott: North of I-70 $0 0.00% 0 0.00% $0 $0 $0

Bellyache, Red Sky, Wolcott South of I-70 $0 0.00% 0 0.00% $0 $0 $0

Eagle $3,188,900 4.49% 7 12.07% $455,557 $361,900 $226

Gypsum $2,647,000 3.73% 7 12.07% $378,143 $360,000 $293

Basalt, El Jebel and Misc. In-County $3,025,100 4.26% 5 8.62% $605,020 $499,000 $278

TOTAL $70,958,300 100.00% 58 100.00% $1,223,419 $499,000 $453Please note: The above figures do not include time share interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

VAIL108 S. Frontage Rd. W

Suite 203P O Box 357

Vail, CO 81658ph: (970) 476-2251fax: (970) 476-4534

AVON0090 Benchmark Rd

Suite 205P O Box 3480

Avon, CO 81620ph: (970) 949-5099fax: (970) 949-4892

EAGLE65 Market Street

Suite 4P O Box 4420

Eagle, CO 81631ph: (970) 328-5065fax: (970) 328-5064

Compliments of:Trevor [email protected]

Bob [email protected]

Residential Improved TransactionsExcludes: Vacant Land and Commercial

June, 2009Eagle County, Colorado

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information

Year Average Price # Transactions Res Volume Gross County Volume % Gross County VolumeYTD. 2009 $1,157,733 203 $235,019,700 $380,605,700 61.75%

2008 $1,245,942 833 $1,037,869,900 $2,234,919,100 46.44%2007 $1,065,555 1,628 $1,734,723,900 $2,960,497,200 58.60%2006 $963,171 1,938 $1,866,625,500 $2,754,171,600 67.77%2005 $787,871 2,408 $1,897,193,000 $2,800,249,502 67.75%2004 $701,832 2,141 $1,502,621,600 $2,225,840,200 67.51%2003 $565,292 1,732 $979,086,000 $1,471,498,700 66.54%2002 $595,204 1,553 $924,352,001 $1,499,739,801 61.63%2001 $565,441 1,349 $762,779,400 $1,402,691,100 54.38%2000 $628,854 1,292 $812,479,300 $1,704,885,500 47.66%1999 $493,894 1,499 $740,347,199 $1,531,723,279 48.33%

10 Year Total: $753,686 16,576 $12,493,097,500 $20,966,821,682 59.59%

Note: Resales do not include any New Product Sales, these are strictly sales of units that have been sold before. No Developer Sales are included.

PARAMETERS:' Res Volume & 'Average Price'' = All Residential Improved Properties including Single Family, Duplex, Triplex, Condominium, Townhome - all Areas Eagle CountyGross County Volume' = All Transactions of any type recorded from January 1st through December 31st in each Year - all Areas Eagle County

10 Year Historical Resale Data: Eagle County

2009 data through June

48.33%47.66%54.38%61.63%66.54%

67.51%

67.75%67.77%58.60%

46.44%

61.75%

$0

$500,000,000

$1,000,000,000

$1,500,000,000

$2,000,000,000

$2,500,000,000

$3,000,000,000

$3,500,000,000

YTD. 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999

Residential Volume % Gross County Volume Gross County Volume

Please contact Kenton Hopkins MRE, CRS, GRI or David McHugh e-PRO at (970) 845-8053 for Addititional Information