The Estin Report 1Q09: Condos - Aspen & Snowmass Village
Jan 1 - March 31st each year for past (5) years.

(Condo Chart Year Over Year)

Aspen Condos: Comparing 1Q09 to 1Q05 (Peak Year)
                        
Dollar Volume: 1Q09 vs 1Q05  = -69%  down total, average. - 23%/yr since '05                       
Transaction Volume: 1Q09 vs 1Q05 =  -81%, down total,  average. -33%/yr since '05                       
Avg Price per SqFt: 1Q09 vs 1Q05 = +117% up total, average. 22%/yr since '05                       
Avg Days On Market: 1Q09 vs 1Q05 = +8% total


Snowmass (SMV) Condos: Comparing 1Q09 to 1Q05 (Peak Year)
                       
Dollar Volume: 1Q09 vs 1Q05 = down -63% down total, average -13.5%/yr since '05                       
Transaction Volume: 1Q09 vs 1Q05 = down -84% down total, average. -33%/yr since '05                       
Avg Price per SqFt: 1Q09 vs 1Q05 = + 145% up total, average. +27%/yr since '05                       
Avg Days On Marlet: 1Q09 vs 1Q05 = +38% total                       
               
Current Condo Inventory (April 2009): 358 Total, Aspen & SMV, greater than $200,000.                
Aspen: = 222 units (includes 52 unbuilt Boomerang Lodge units)        
Snowmass = 135 units