Manor Vail prices have come down by the hundred’s of thousands of dollars and if you have been waiting for ski-in, ski-out condominiums in Vail to adjust their prices, now is the time to take a serious look around. 

A one bedroom Manor Vail condominium can be purchased for as little at $725,000

These prices were seen 3 years ago, before the entire Manor Vail Association completed their remodel!

The number 13, may be your lucky number!  There are 13 of the Original studio, one and two bedroom condominiums available, and several have had huge price reductions, bringing them down under $1Million.  In addition, there are 9 New 2, 3 and 4 bedroom condonminiums with spectacular mountain views. 

Vail Village Retail Shops and Restaurants

For more information on Manor Vail Condominiums, next to Vail’s Gold Peak ski lift, contact: 

Teri Lester, Eco-Broker   970-376-0779 or tlester@gatewayland.com

All Vail Valley Properties Available

Vail’s Ford Amphitheater

Betty Ford Alpine Gardens

Vail’s Ski Schools

Manor Vail Condominiums at the base of the Golden Peak chair lift on Vail mountain, have 23 underground, heated parking spaces available for sale.  The 23 deeded parking spaces will go on sale January 26, 2009, and sell for $225,000.  While the price tag is steep, $1,300 a square foot, it is a great value compared to the Vail Founders Garage spaces selling between $380,000 and $500,000.  These spaces are part of the Manor Vail Condominium complex, just steps to the Riva Bahn chairlift and children’s ski school. 

Manor Vail property owners had the first chance to buy the parking spots, which were built as part of a recently completed redevelopemnt of the condominium.  Owners also have thier own separate deed-restricted spots in the 120-spot underground garage.  These spaces are conveniently located to the Ford Amphitheater, Betty Ford Gardens, and Vail Village.

Manor Vail Condominium Underground Parking

 For information on the Manor Vail Condominium Parking spaces or the Condominiums available for sale, starting at $925,000, or the spaces at the Founders Parking garage in Vail, contact:

 Teri Lester, Eco-Broker  970-376-0779 or tester@gatewayland.com

The sales numbers are in for November of ‘08 and according to Trevor Theelke of Land Title, this is the 5th straight year real estate sales have surpassed $2billion.

Below are comments from Theelke on November’s numbers:

There were three main factors in November that contributed to the $174,144,400 in sales volume over 120 transactions.

1.  There were 9 sales over $4 million of which 7 were $8 million or more. The highest sale was in the Lodge at Vail for $12,950,000.
2. Manor Vail had 5 sales totaling $29,618,200. This represents an average price per square foot of $2,287.
3. The Westin Riverfront had 33 sales totaling $27,632,700, an average of $1,042 per square foot.
4.  Real estate transactions through November number 1,504, totaling $2,009,768,600, which is just 27% off last year’s record breaking year. Nearly 30% of the total dollar volume has come from the high end sales in Vail Village and Lionshead while the majority of the transactions, approximately 14%, have come from Eagle. Avon has accounted for just over 10% of all transactions thus far through 2008.  

November Highlights:

• Vail Village had an average sales price of $5,989,157, the highest in Eagle County
• Avon had the most transactions, 34, of which 33 were sales at The Westin Riverfront
• Multi-family homes sold for an average price of $1,903,773.
• Single family homes sold for an average of $1,299,753.

For John Nichols web site, click here.