vail sales statistics

Eagle County real estate sales for 2008 actually were amazingly higher than one would imagine. In December alone sales were $225 million which brought the total for the year to $2.234 billion. These sales, however, are down 25% from 2007 and 19% from 2006. High end transactions?were the main force in these numbers with 71 transactions coming in at more than $5 million. New developments, fueled by the Billion Dollar Renewal of Vail, have always been a big factor in Eagle County's growth, especially over the past three years, and 2008 was no exception. In? previous years, those new projects have made up 25% of sales volume and in 08, the new construction closings accounted for 41% of volume. Those projects were The Westin with $104 million in sales, Vail Mountain View Residences with $54.8 million, Chalets at the Lodge with $143.6 million in sales and The Arrabelle with $233.5 million.