·     November 2008 Real Estate Notables

 §         YTD November 2008 had 168 Residential Improved Units that closed between the $1M to $3M range, YTD November 2007 had 189 Residential Improved Units that closed between the $1M to $3M range.  Please note that Crystal Peak Lodge units played a role in these figures in 2008,

§         November 2008 had the least number of transactions and monetary volume this year.

§         The 2008 Year to Date Gross Residential Price Index shows that our average prices continue to surpass the past two years of 2006 and 2007.

§         The most active areas in November were Breckenridge and the Breckenridge Golf Course with 26 transactions ($20,555,700), Frisco had 16 transactions ($9,277,600), Keystone had 13 transactions ($4,434,400) and Wildernest had 15 transactions ($5,526,800).

§         The month of November 2008 shows a 63% decrease from the month of November 2007 in monetary volume. The month of November 2008 indicates a 63% decrease in number of transactions compared to the month of November 2007.  YTD 2008 % change reflects -33% from YTD 2007 with Monetary Volume. There is a -42% YTD 2008 vs. YTD 2007 in number of transactions.

§         34% of the Real Estate transactions in November were cash transactions at the time of closing.