wandasly

Source: PR Web (press release) (Original Article)

Despite trends that indicate real estate is still suffering from nationwide economic setbacks, the Vail real estate market is showing promising signs of recovery. According to Trevor Thelke of the Colorado-based Land Title Company, Eagle County had 99 transactions in August 2009, the largest monthly total since December of last year. Thelke goes on to assure sellers that the total dollar volume in August showed the second best month for all of 2009, with more than $91 million. This brings the area's total dollar real estate volume for the year to more than half a billion dollars – a far cry from the tales of woe that still dominate the real estate market elsewhere in the United States.

Vail, CO (PRWEB) October 24, 2009 — Despite trends that indicate real estate is still suffering from nationwide economic setbacks, the Vail real estate market is showing promising signs of recovery. According to Trevor Thelke of the Colorado-based Land Title Company, Eagle County had 99 transactions in August 2009, the largest monthly total since December of last year. Thelke goes on to assure sellers that the total dollar volume in August showed the second best month for all of 2009, with more than $91 million. This brings the area's total dollar real estate volume for the year to more than half a billion dollars – a far cry from the tales of woe that still dominate the real estate market elsewhere in the United States.

During the first eight months of 2009, there have been a total of 530 real estate transactions closed in Eagle County. Of the biggest sales in this area, recognition goes specifically to Vail, Bachelor Gulch, and Vail Village. Through the first eight months of 2009, Eagle had the most transactions with 77; Vail Village had the highest dollar volume at $64,083,600; and Bachelor Gulch had the highest average sales price at $4,387,500.

Vail Village had the further distinction of the budget airlines highest sales price for a residential transaction …continue reading

This entry was posted on Friday, October 23rd, 2009 at 9:24 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.