NEW WRITTEN BUSINESS for OCTOBER

Last month, the value of real estate placed under contract by the brokers of my firm --Slifer, Smith & Frampton Real Estate -- in the area which includes the resorts of Vail, Beaver Creek, Bachelor Gulch, Arrowhead and Cordillera was $54,223,500 (actually $69,478,700 when taking into account those transactions in which the Company's brokers had both sides of the transaction).

Compare this performance to October 2008, when we wrote $21,383,000 in new business ($25,700,000 for both sides), and you might agree with us that things are looking up.

Interesting to note, too, that activity was strongest in the $1 to $3 million range.

Here is the breakdown…

Number of Deals by Price Point:
$0 - $275,000 – 6
$275,000 - $500,000 – 3
$500,000 - $1 million – 7
$1 million - $3 million – 15
Over $3 million – 2

Deals by Area:
Vail/Lionshead = 8
Avon = 1
Beaver Creek = 5
Bachelor Gulch = 2
Arrowhead = 1
Edwards = 9
Cordillera = 5
Eagle = 2

Contact me for a more detailed breakdown. You can reach me through my website - www.UpscaleVail.com or via email at cmiskell@slifer.net.