The Vail real estate market has experienced the most dramatic incline overall Western Ski Resorts. This was the consensus at the Western Mountain Resort Alliance conference held 1/21/2011in Cascade Village. Skier visits are up as is the snowfall. Vail saw resort market pricing bottom in 2009 (see the graphs on the reverse side) returning our average unit prices to 2004 & 2005 levels. Sales volume and velocity were up in 2010 but prices were down. It may take approximately 6-8 years to recover and get back to 2007 price levels given the amount of inventory we have on the market now combined with additional inventory that will come on the market as consumer confidence comes back. Average sizes of homes are declining. The take away-Now is a fantastic time to buy real estate in the Vail Valley in the resort markets of Vail, Beaver Creek, Bachelor Gulch and Arrowhead! This market has seen significant gains in the past and is poised to come out of this recession strong and on top and shows signs of maintained growth for the future!