Vail & Aspen surpassed $1 billion in real estate sales in 2010. A more vigorous real estate economy has been evident in the Vail and Aspen areas this year. Eagle County, where Vail is located, surpassed $1.25 billion through October, while Pitkin County and Aspen were a few steps behind at $1.02 billion. Both had dropped below $1 billion last year.
During the boom years of the last decade, both had surpassed $2 billion, with Eagle County almost hitting $3 billion one year.
By comparison, little old Crested Butte is a $100 million a year real estate market. Of course, we have a much smaller population, less than 400,000 skier visits annually (no lift lines), no stop lights, no traffic meters and no private jets flying overhead all day long! (Our jet served airport is 28 miles away – thank goodness).
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