Edwards officE | at thE inn at rivErwalk | 970-926-8440 | 800-637-4052

pruEdw@vail.nEt | prudEntialcoloradopropErtiEs.com

ascent momentum The market has spoken loud and clear with its response to The Ascent. Located in Avon, The Ascent (formerly The Gates) is a 49 unit condominium project that was purchased out of foreclosure in late 2010, rebranded, and placed back on the market in late December at more than 50% off original asking prices. The combination of newer product, a location at the entrance to Beaver Creek and price has resulted in more than 30 contracts. Two, three and four bedroom residences are available, starting at $529,000. If you are interested in learning more, please contact our office today!

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community update Your resource for resort news, recent home sales and listings

2070 Beaver Creek point, $2,295,000

eagle river meadowsIn early January the Eagle River Meadows project passed a critical test with Eagle County Commissioners. The Atira Group’s development proposal received “sketch” approval from the county to transform the old B&B gravel pit in Edwards to a medical campus and housing. Additional approvals for final density and design will need to occur before the project can begin, which may take 12 months or more.

111 Daisy Lane, $1,075,000

spring event highLights

February 26: talons Challenge Beaver Creek

March 6-8: Carnivail – Mardi gras, vail style vaiL viLLage

March 23-26: the korbel american ski Classic Beaver Creek

March 31-april 3: vail Film Festival vaiL

april 7-9: the taste of vail vaiL

april 17: Beaver Creek Mountain Closes

april 24: vail Mountain Closes

Graphs represent market information from the Vail Board of Realtors Multiple Listing Service.

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rEsidEntial activE listings vs. rEsidEntial undEr contracts

activE listings

undEr contracts

positivE markEt signs

vail valley sales numbers for 2010 showed a strong improvement from 2009. the completion and closing of new projects such as the ritz Carlton residences - vail, solaris, Manor vail, the tower residences and the Westin all contributed to a healthy increase in unit sales and dollar volume throughout the valley.

While the graphs demonstrate this rebound from low levels in 2009, the market’s ability to close the supply and demand gap (active listings vs. under contracts) will ultimately determine the consistency of sales moving forward. there are positive signs heading into 2011 on both a macro and local level, however, pricing will remain the overwhelming driver in our market.

if you have any questions about today’s market in general or specific to your ownership interest, please contact one of our brokers today!

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minturn/rEd cliff listings

addrEss Br/Ba tYpE list pricE

196 Monument street 3/2 sF $209,000

522 Water street 3/1 sF $225,000

136 Monument street 2/1 sF $238,000

518 Water street 3/1 sF $239,000

Minturn racquet & trout 0/1- Co $255,000- 3 residences available 4./4.5 $510,000

593 Boulder street 2/1 sF $297,500

895 Main street 3/1 sF $365,000

248 Water street 2/2 sF $369,000

445 pine street 3/2.5 sF $399,000

101 eagle street 5/4.5 sF $435,000

1012 Main street 4/2 sF $550,000

eagle river enclave no. 634 3/2 Co $575,000

1121 Main street 5/3 sF $589,000

591 Main street 4/3.5 sF $649,000

789 Main street 4/3.5 sF $685,000

263 Boulder street 4/4 sF $699,000

102 nelson avenue 3/3.5 sF $745,000

206 eagle street 11/11 tp $795,000

850 Main street 3/2.5 sF $895,000

822 Main street 3/3 sF $995,000

1876 Cross Creek 4/3.5 sF $1,149,000

1874 Cross Creek 3/3.5 sF $1,250,000

585 taylor 3/3 sF $7,900,000

EaglE-vail listings

addrEss Br/Ba tYpE list pricE

sunriver Condos a202 2/2 Co $299,999

339 Deer Blvd. 3/2 Dp $465,000

151 Larkspur Lane 3/2.5 Dp $565,000

187 Cottonwood road 6/4 sF $795,000

189 Daisy Lane 4/4.5 Dp $833,600

111 Daisy Lane 4/4.5 Dp $1,075,000

wildridgE listings

addrEss Br/Ba tYpE list pricE

Draw spur th no. 3 3/2.5 th $429,000

1040B Wildwood road 3/2 th $499,000

1082B Wildwood road 3/2.5 th $535,000

3045 Wildridge (side B) 3/3.5 Dp $599,000

2500 old trail 3/3.5 sF $599,500

4691 north point 3/3 Dp $629,000

2465 saddle ridge 4/4 Dp $749,000

1031C W Wildwood road 4/3.5 th $769,000

5113 Longsun Lane 3/3.5 Dp $825,000

5762a e Wildridge road 3/3.5 Dp $1,130,000

2610 Beartrap road 5/6.5 Dp $1,279,000

5350 Ferret Lane 6/6.5 Dp $1,399,000

avon listings

addrEss Br/Ba tYpE list pricE

Benchmark Condos 1/1- Co $120,000 - 4 residences available 2/1 $150,000

sunridge Condos 2/2 Co $179,000- 2 residences available $310,000

Beaver Bench B19 1/1 Co $179,500

Chapel square 1/1- Co $186,900- 3 residences available 3/3 $489,000

Barrancas Condo i-26 2/2 Co $275,000

Westin riverfront no. 147 0/1 Co $385,000

Lodge at Brookside 108 2/2 Co $450,000

Canyon run Condo C102 3/3 Co $739,000

5531 Coyote ridge, $1,749,000

select residential listings

All market information represented herein is from the Vail Board of Realtors Multiple Listing Service and are not solely listed or sold by Prudential Colorado Properties. Sold date information from 10-1-10 to 1-1-11. Listings current as of 1/1/11.

minturn/rEd cliff salEs

addrEss Br/Ba tYpE sold pricE

811 Main street 5/5 sF $835,000

EaglE-vail salEs

addrEss Br/Ba tYpE sold pricE

sunriver Condos D-106 0/1 Co $140,000

stone Creek Meadows 1/1- Co $190,000- 2 residences sold 2/2 $279,000

elkhorn Condo a1 2/1.5 Co $273,000

sunriver Condo C 101 3/2 Co $307,000

152 Larkspur Lane no. 2 3/2 th $382,500

par six Condo C8 3/3 th $425,000

26 riverside Court 4/2.5 Dp $475,000

96 pheasant Court 3/2.5 Dp $502,000

654 stone Creek Drive 4/3.5 Dp $510,000

39 ptarmigan Court 5/5 Dp $520,000

1085 Deer Boulevard 3/3.5 Dp $533,000

192 Larkspur Lane 4/3.5 Dp $653,000

96 Beaver road 6/4.5 sF $1,150,000

287 elk Lane 5/5.5 sF $1,350,000

wildridgE salEs

addrEss Br/Ba tYpE sold pricE

2190 Long spur 3/3.5 sF $460,000

2550 old trail road 4/4.5 Dp $525,000

2605 Beartrap road 4/4.5 Dp $675,000

5113 Longsun Lane 3/3.5 Dp $762,500

5684 Wildridge road east 6/5 sF $1,260,750

643 paintbrush place 5/5.5 sF $4,200,000

236 Wild rose 5/6 sF $4,750,000

2610 Beartrap road, $1,197,000

avon salEs

addrEss Br/Ba tYpE sold pricE

aspens village no. 58 3/2 Mh $43,000

sunridge Condos 2/2- Co $184,900- 5 residences sold 3/3 $239,000

Beaver Bench a12 3/2 Co $237,000

avon Crossing 2/2 Co $265,000- 2 residences sold $270,000

Chapel square 2/2 Co $270,000- 2 residences sold $280,000

avon Lake villas 2/2- Co $293,500- 4 residences sold 3/3 $415,000

greenbrier Condo no. 23 3/3 Co $326,800

Chambertin th 8 3/3.5 th $355,000

Lodge at Brookside no. 212 2/2 Co $355,000

Buck Creek Condos C101 3/2 Co $385,000

3000 eaglebend Drive 4/3.5 sF $550,000

3930 eaglebend Drive 4/3 sF $600,000

select residential sales

DID YOU KNOW?Prudential Colorado Properties participates in the sale

of almost 42% of all residential transactions

in Minturn, Eagle-Vail, Avon and Wildridge.

* vail Board of realtors mls 8/1/10 – 2/1/11

your vail valley real estate search begins…here.prudentialcoloradoproperties.com

moBilE app coming soon!