Great news for Vail and Lionshead in particular as statistics show July 2008 to be the single best month for real estate this year with dollar volume over $243 million. The real driving force behind this were the 21 closings to a tune of $89 million at the new Arrabelle at Vail in Lionshead. The resort is complete with restaurants and a spa all just steps from the gondola right in the heart of Lionshead.http://arrabelle.rockresorts.com/?ck=gen&packageld=1315?CMP=KNC-Google&HBX_PK=vail%20arrabelle&HBX_OU=50&gclid=CNiRta3e2ZUCFQNKxwodjDq69Q
The average price of a single family home in the Vail Valley is $1.5 million, and a multi-family unit will run you an average of $1.4 million.
The Arrowhead market remains very strong as does the Basalt and El Jebel areas over near Aspen.
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