Cordillera Valley Club Property Owners Association · Administrative Management Provided By Robertson & Marchetti, P.C. 28 Second Street, Suite 213, Edwards, CO 81632; Phone (970)

Cordillera Valley Club Property Owners Association

__________________________________________ Administrative Management Provided By Robertson & Marchetti, P.C.

28 Second Street, Suite 213, Edwards, CO 81632; Phone (970) 926-6060; Fax (970) 926-6040

M E M O R A N D U M

TO: Executive Board of Cordillera Valley Club Property Owners Association FROM: Cheri Curtis DATE: December 14, 2011 This memorandum shall serve as Notice of the Regular Meeting of the Executive Board of Cordillera Valley Club Property Owners Association, which will be held:

December 20, 2011

3:30 p.m. Cordillera Metropolitan District

Administrative Conference Room 408 Carterville Road

Edwards, Eagle County, Colorado The agenda for the meeting is attached. If you will be unable to attend this meeting, or will be attending the meeting by phone, please let me know as soon as possible. The conference call dial-in number is 800-747-5150 and the access code is 9266060. Distribution: CVCPOA Term Officer Position Committee Assignment Tim Benedickt 07/12 President DRB Tom Marcin 07/12 VP/Asst. Secretary Safety & Operations Art Greenfeder 07/13 Director Finance & Administration Bob Engleby 07/14 Director Kent Myers 07/14 Director Other Participants Greg Perkins, Esq. Ken Marchetti, CPA Dan Carlson

CORDILLERA VALLEY CLUB PROPERTY OWNERS ASSOCIATION _____________________________________________________________________________

NOTICE IS HERBY GIVEN that a meeting of the Executive Board of Cordillera Valley Club Property Owners Association will be held at the Cordillera Metropolitan District Administrative Conference Room, 408 Carterville Road, Edwards, Eagle County Colorado on Tuesday, December 20, 2011 beginning at 3:30 p.m., local time, for the following purposes and other matters that may come before the Board. .

CVC POA Agenda December 20, 2011

1) Call to Order/Declaration of Quorum/Director Qualifications 3:30

2) Consideration of Changes to the Agenda

3) Public Input 3:35

4) Minutes 3:40 a) CVCPOA Regular Meeting – November 15, 2011

5) Administrative Matters 3:45 a) Accounts Payable POA b) Management Contracts c) VAg Letter Regarding Payment

6) Financial Matters 3:50 a) Financial Statements/Report

7) DRB Report 4:10 a) Review DRB Report

8) Update regarding ERWSD Acquisition of or Easement on Tract W-2 4:30

9) Other Property Owners Association Business 5:00

10) Other Reports – (Info Only; No Action Necessary) 5:15 a) Marketing Report

11) Executive Session (If Necessary)

12) Adjourn Property Owners Association Meeting 5:30

R E C O R D O F P R O C E E D I N G S

Minutes of the Regular Meeting Of the Board of Directors of

Cordillera Valley Club Property Owners Association November 15, 2011

A Meeting of the Board of Directors of the Cordillera Valley Club Property Owners Association, Eagle County, Colorado, was held November 15, 2011 at 3:35 p.m., at the Cordillera Metropolitan District Administrative Offices conference room, located at 0408 Carterville Road, Edwards, Eagle County, Colorado, in accordance with the applicable statutes of the State of Colorado. Attendance The following Directors were present and acting:

• Tom Marcin • Bob Engleby • Kent Myers (Joined the Meeting at 4:00 p.m.) • Tim Benedickt (By Telephone) • Art Greenfeder (By Telephone)

Also in attendance were:

• Robertson & Marchetti, P.C. Ken Marchetti & Cheri Curtis

• Operations Dan Carlson

• CVCMD Chris Hynes Rick Pirog (Joined the meeting at 4:30 p.m.)

• Others in Attendance Frank Navarro (By Telephone)

Call to Order The Meeting of the Board of Directors of Cordillera Valley Club Property Owners Association was called to order by Director Marcin, noting a quorum was present.

Potential Conflicts Of Interest Director Marcin reported that he is the principal owner of Marcin

Engineering, LLC which provides engineering services to Cordillera Valley Club Metropolitan District and/or Cordillera Valley Club Property Owners Association. The Board noted that Director Marcin may participate in discussions related to services his firm may provides to CVC and may not vote in such matters, in compliance with his duties to the Association.

Director Myers reported that he is the owner of Airplanners, LLC, a

consulting firm that provides services to Eagle Air Alliance. Cordillera

Page 1


CORDILLERA VALLEY CLUB PROPERTY OWNERS ASSOCIATION November 15, 2011 Meeting Minutes

Metropolitan District and Cordillera Property Owners Association have provided funding to Eagle Air Alliance and Director Myers works directly with Joe Wilson. The Board noted that Director Myers may not participate in discussions related to services his firm may provide to CVC and may vote in such matters, in compliance with his duties to the Association.

The Board noted, for the record, that these disclosures are being made

at this time with the intent of fully complying with laws pertaining to potential conflicts of interest.

Conference Call The log of public participation in the meeting for those participating in

person and by phone is as follows:

Public Participation Log

Meeting In By Date Person Phone 01/18/11 7 3 02/15/11 4 1 03/15/11 10 1 04/19/11 8 1 05/17/11 7 2 06/21/11 7 1 07/19/11 4 1 08/16/11 6 1 09/20/11 0 0 11/15/11 0 1

Public Input There was no public input. Minutes The Board reviewed the meeting minutes of the September 20, 2011

Meeting. Upon motion duly made and seconded it was unanimously

RESOLVED to approve the meeting minutes of the September 20, 2011 Meeting as revised.

Page 2



Accounts Payable The Board reviewed the accounts payable list. The Board questioned the

invoices from MPG. Ms. Curtis will email a copy of the invoices to the Board for review. The Board commended Mr. Mauriello on the exceptional presentation of the PUD Amendment to Eagle County. Upon motion duly made and seconded, it was unanimously

RESOLVED to approve payment of the accounts payable list with the payment to MPG held until the Board reviews and approves the invoices.

Audit Approval Director Greenfeder would like to understand why CVCPOA remains

obligated to backstop the Vail Club. Director Greenfeder will discuss this matter with Joe Wilson.

Annual Meeting Agenda Ms. Curtis contacted the Lodge and Spa regarding the cost and availability

of a room for CVCPOA’s upcoming member meeting. Based on costs, the Board agreed to hold the meeting at the Singletree Community Center. The Board reviewed the agenda for the meeting and the meeting notice, budget and packets will be mailed in early December.

Funding Agreement The Board would like to put the District on notice that CVCPOA is not

budgeting for the receipt of any RETA funds in 2012 and therefore they are also not budgeting for any RETA funds to be transferred to the District in 2012. The District’s service plan and the funding agreement between the District and the Association executed in 2005 allowed the District to receive the RETA attributable to 1% of real estate sales. Further discussion was tabled.

Letter from VAG The Association received a letter from Stovall Kinsella, who represents

VAg, requesting the Association remove the endorsement for final payment that includes the payment of CVC Metro District. Upon motion duly made and seconded it was unanimously

RESOLVED to enter into executive session at 4:10 p.m. to discuss

legal matters. The Board adjourned from the executive session at 4:14 p.m.

Page 3



Page 4

No action was taken. 2012 Budget Rick Pirog joined the meeting. Director Engleby presented a proposed

2012 budget. The budget proposes reducing the annual assessment to $1,250. Upon motion duly made and seconded it was

RESOLVED to approve the 2012 budget as presented with the

2012 annual assessment reduced to $1,250. The vote passed with Directors Engleby, Greenfeder, and Myers voting in favor of the resolution and Directors Benedickt and Marcin opposed to the resolution.

Financial Report The October 31, 2011 financial report was included in the packet. ERWSD Acquisition of Tract W-2 Directors Benedickt and Marcin met with Greg Perkins to discuss the

agreement with ERWSD to lease Tract W-2 from the Association for the expansion of the facility on Tract W-1. A revised agreement will be sent to the Board for approval before forwarding the agreement to ERWSD.

PUD Amendment Mr. Perkins drafted a letter to the Club at Cordillera regarding the Club’s

position on the PUD Amendment. Upon motion duly made and seconded it was unanimously

RESOLVED to approve the letter to the Club at Cordillera as presented.

Adjournment There being no further business to come before the Board at this time and

upon motion duly made and seconded it was unanimously RESOLVED to adjourn the meeting of the Cordillera Valley Club

Property Owners Association Board of Directors this 15th day of November, 2011.

Respectfully submitted,

Cheri Curtis

Secretary for the meeting

CORDILLERA VALLEY CLUB PROPERTY OWNERS ASSOCIATION, INCDECEMBER ACCOUNTS PAYABLE

Payables to be Approved

VENDOR DATE DATE PAID AMOUNT DESCRIPTION Approved By

Community Association Underwrite 11/17/11 12/20/11 603.00 Insurance Board at Meeting

Gregory Perkins LLC 11/20/11 12/20/11 1,888.00 Legal Board at Meeting

Mauriello Planning Group, Inc 11/30/11 12/20/11 780.00 PUD Amendment Board at Meeting11/30/11 11/15/11 600.00 General Administration

Mauriello Planning Group Total 1,380.00

Postmaster 12/02/11 12/20/11 56.00 Post Box Rental Finance & Administration Committee

Robertson & Marchetti, P.C. 11/30/11 11/15/11 2,022.30 Accounting & Administration Finance & Administration Committee11/30/11 11/15/11 413.55 Office Expenses

Robertson & Marchetti Total 2,435.85

Current Accounts Payable Total 6,362.85

ROBERTSON & MARCHETTI, P.C. Certified Public Accountants

_______________________________________ 28 Second Street, Suite 213, Edwards, CO 81632

Phone (970) 926-6060; Fax (970) 926-6040

Accountant’s Compilation Report December 15, 2011

Board of Directors Cordillera Valley Club Property Owners Association Edwards, Colorado

I have compiled the accompanying balance sheet of Cordillera Valley Club Property Owners Association as of November 30, 2011 and the related statement of revenues, expenditures and changes in fund balance with budgets for the eleven month period then ended. I also compiled the accompanying budget and forecast of revenues, expenditures and changes in fund balance for the year ending December 31, 2011 and the adopted budget for calendar year 2012, in accordance with standards established by the American Institute of Certified Public Accountants.

I have not audited or reviewed the accompanying financial statements and, accordingly, do not express an opinion or provide any assurance about whether the financial statements are in accordance with accounting principles generally accepted in the United States of America.

Management is responsible for the preparation and fair presentation of the financial statements in accordance with accounting principles generally accepted in the United States of America and for designing, implementing, and maintaining internal control relevant to the preparation and fair presentation of the financial statements.

My responsibility includes conducting the compilation in accordance with Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants. The objective of a compilation is to assist management in presenting financial information in the form of financial statements without undertaking to obtain or provide any assurance that there are no material modifications that should be made to the financial statements.

Management has elected to omit substantially all the disclosures and the statement of cash flows required by accounting principles generally accepted in the United States of America. If the omitted disclosures were included in the financial statements, they might influence the user’s conclusions about the Association’s financial position, results of operations and cash flows. Accordingly, the financial statements are not designed for those who are not informed about such matters.

A compilation of a forecasted financial statement is limited to presenting in the form of a forecast, information that is the representation of management and does not include evaluation of the support for the assumptions underlying the forecast. I have not examined the accompanying forecast and, accordingly, do not express an opinion or any other form of assurance on the forecasted statement or assumptions. Furthermore, there will usually be differences between the forecasted and actual results, because events and circumstances frequently do not occur as expected and those differences may be material. I have no responsibility to update this report for events or circumstances occurring after the date of this report. The actual historical information for calendar year 2010 is presented for comparative purposes only. Such information is taken from the financial statements for the Association for the year ended December 31, 2010, which have been audited by Chadwick, Steinkirchner, Davis & Co. P.C. and upon which they expressed an unqualified opinion in their report dated August 23, 2011.

I am not independent with respect to Cordillera Valley Club Property Owners Association because I perform certain accounting services that impair my independence.

ROBERTSON & MARCHETTI, P.C.

Kenneth J. Marchetti Kenneth J. Marchetti, CPA, President

Cordillera Valley Club Property Owners AssociationBalance SheetsFor the Dates Indicated Below Printed: 12/15/11

12/31/10 11/30/11Current AssetsCash - Unrestricted Portion

Cash - Checking FBOA 26,333 42Cash - Petty Cash Checking 1,606 0Cash - Savings FBOA 150,849 76,053Cash - Savings Wells Fargo 0 0

Cash - Restricted PortionCash - Savings FBOA 20,500 9,900Total Cash in Banks 199,288 85,995

Accounts ReceivableAssessments Receivable 1,250 1,782Due from CVCMD 0 0Gate Damage Receivable 0 0Receivable from Developer 0 0Other Accounts Receivable 0 0Allowance for Doubtful AccountsTotal Accounts Receivable 1,250 1,782

Other Current AssetsPrepaid Expenses 2,403 603

Total Other Current Assets 2,403 603

Total Current Assets 202,941 88,380

Property, Plant & EquipmentEquipment 0 0Accumulated Depreciation 0 0Total Property, Plant & Equip. 0 0

Total Assets 202 941 88 380Total Assets 202,941 88,380

Liabilities and Fund EquityCurrent Liabilities

DRB Deposits 20,500 9,900DRB Deposits Contra Account 0 0DRB Interest Payable 0 0Deferred Assessments 0 0Accounts Payable 24,081 6,307Accrued Liabilities 0 0Accrued Payable - SQMD 0 0Petty Cash Clearing Account 0 0Due To SQMD 0 0Total Liabilities 44,581 16,207

Fund EquityWorking Capital Contributions 63,300 63,550

Fund Balances 95,059 8,623

Total Fund Equity 158,359 72,173

Total Liabilities and Fund Equity 202,941 88,380= =

See accompanying accountant's report.POA Page 1

Cordillera Valley Club Property Owners AssociationStatement of Revenues Expenditures and Changes in Fund Balance Printed: 12/15/11Actual, Budget and Forecast for the Periods Indicated

2010 2011 YTD 2011 Annual 2012Budget Actual Variance 2011 Board

Audited Thru Thru Favorable Original Amended Forecast Variance Adopted12/31/10 11/30/11 11/30/11 (Unfavor) Budget Budget Total Fav (Unfav) Budget

Operating FundRevenues 1,500 1,500 1,500 1,250

Regular Assessments 190,500 192,000 190,500 (1,500) 192,000 192,000 190,500 (1,500) 158,750Special Assessments 0 0RE Transfer Assessments 324,408 200,000 28,750 (171,250) 200,000 200,000 28,750 (171,250) 0Design Review Fees 1,550 0 7,325 7,325 0 0 8,000 8,000 9,000Club Impact Fee 27,938 29,056 28,457 (599) 29,056 29,056 28,457 (599) 18,721Interest Income - Operating 1,047 1,100 755 (345) 1,200 1,200 900 (300) 900Developer Settlement 59,272 0 0 0 0 0 0 0 0Guidelines/Fines/Other Revenue 3,718 458 8,666 8,208 500 500 10,611 10,111 500Xfer from MD for Holiday Lights 0 4,000 4,000 4,000 4,000Total Revenues 608,433 422,614 268,453 (154,162) 422,756 422,756 271,218 (151,538) 187,871

Administrative ExpensesAccounting, Admin & Management 34,500 31,625 29,403 2,222 34,500 34,500 34,500 0 12,740Audit/Tax Prep Fees 0 650 5,550 (4,900) 650 650 5,550 (4,900) 650Bank Charges 2,550 2,350 2,617 (267) 2,400 2,400 2,800 (400) 200Community Marketing 24,000 24,000 24,000 0 24,000 24,000 24,000 0 0Homeowner Relations 0 0 380 (380) 0 0 380 (380) 0Income Tax Expense 0 0 0 0 300 0 0 0 0Ins Expense, incl. D&O Liab. 2,403 2,625 2,403 222 2,625 2,625 2,403 222 2,625Legal Fees 5,468 7,333 6,371 962 8,000 8,000 8,000 0 8,000Legal Fees - Club Dispute 0 2,619 (2,619) 0 0 2,619 (2,619)Meeting Expenses 704 642 700 (58) 700 700 1,700 (1,000) 700Office Supplies & Expense 3,279 1,375 2,895 (1,520) 1,500 1,500 2,500 (1,000) 1,000Property Taxes 5,409 0 0 0 0 0 0PUD Admendment - MPG 0 0 22,874 (22,874) 22,094 (22,094)Total Administrative Exp. 78,314 70,600 99,812 (29,212) 74,675 74,375 106,546 (32,171) 25,915See accompanying accountant's report.

POA Page 2

Cordillera Valley Club Property Owners AssociationStatement of Revenues Expenditures and Changes in Fund Balance Printed: 12/15/11Actual, Budget and Forecast for the Periods Indicated

2010 2011 YTD 2011 Annual 2012Actual Budget Actual Variance 2011 BoardThru Thru Thru Favorable Original Amended Forecast Variance Adopted

12/31/10 11/30/11 11/30/11 (Unfavor) Budget Budget Total Fav (Unfav) BudgetDRB Expenses

DRB Submittals 3,602 0 10,586 (10,586) 0 0 12,000 (12,000) 9,000DRB Minor Modification 4,899 0 0 0 0 0 0 0 0DRB General Overhead 14,882 2,200 8,753 (6,553) 0 2,400 9,353 (6,953) 3,000DRB Special Projects 4,941 0 0 0 0 0 0 0 0 Transition from Vag 650 (650) 0 0 650 (650) 0

DRB Plan Reduction Project 2,080 (2,080) 0 0 2,080 (2,080) 0DRB Guidelines Conversion 1,000 (1,000) 0 0 1,000 (1,000) 0

Cov Enforcement-Design Guidelines 0 1,100 525 575 3,600 1,200 525 675 0Rewrite DRB Guidelines 0 0 0 0 0 0POA Meeting Updates 5,341 2,200 1,300 900 2,400 2,400 1,300 1,100 0DRB Storage 2,400 2,475 1,653 822 1,200 2,700 1,653 1,047 0DRB - Directors Fees 1,425 2,063 0 2,063 2,250 2,250 0 2,250 0Legal Fees 951 917 0 917 1,000 1,000 0 1,000 0Total DRB Expenses 38,441 10,954 26,547 (15,593) 10,450 11,950 28,561 (16,611) 12,000

Public SafetyPublic Safety 0 0 4,000 4,000 0 4,000 0Payment to MD for Public Safety 198,224 167,203 169,024 (1,820) 188,313 167,203 169,024 (1,821) 0Total Public Safety 198,224 167,203 169,024 (1,820) 192,313 171,203 169,024 2,179 0

Community OperationsRecreation/Fishing 2,724 2,750 4,312 (1,562) 2,750 2,750 4,312 (1,562) 3,760Community Operations Bonus 5,100 0 0 0 0 0 0Landscaping - Turf Area Maintenance 0 16,960Landscaping - Flowers Maintenance 0 30,750Holiday Lights 0 4,920 (4,920) 0 0 4,920 (4,920) 8,920Weed & Pest Control 0 2,100Tree Care 0 6,800Utilities - Water 0 8,000Total Community Ops Exp 7,824 2,750 9,232 (6,482) 2,750 2,750 9,232 (6,482) 77,290

Capital/Project Expenditures & XfersWater Tank Expenses-Engineering 7,281 0 0 0 0Water Tank Expenses-Architecural 20,448 0 0 0 0W t T k E L l G&H 61 683 0 0 0 0Water Tank Expenses-Legal G&H 61,683 0 0 0 0Water Tank Expenses-Legal S&H 11,138 0 0 0 0Recreation Path Requirement per PUD 0 0 0 0Berm Construction Oversight 0 8,864 (8,864) 10,000 10,000 0CTC and CCAC Funding (1) 15,272 60,504 11,410 49,094 130,000 72,605 11,410 61,195 0Roads, Signs, Lighting 57,000 30,000 30,000 0 20,000 30,000 30,000 0 72,000Total Capital Expenditures 172,823 90,504 50,274 40,230 150,000 112,605 51,410 61,195 72,000

Total Expenditures 495,626 342,012 354,889 (12,877) 430,188 372,883 364,773 8,110 187,205

Excess of Revenues overExp. After Capital 112,807 80,603 (86,436) (167,039) (7,432) 49,873 (93,555) (143,428) 666

Beginning Fund Balance (17,748) 84,265 95,059 10,794 122,247 84,265 95,059 10,794 1,504

Ending Fund Balance 95,059 164,868 8,623 (156,245) 114,815 134,138 1,504 (132,633) 2,170See accompanying accountant's report. = = = = = = = =

(1) While this item is being budgted, it is not authorized for expenditure without further approval of the Board.

POA Page 3

POA UpdateDRB Administration

TO: CVC POA Executive Board

FROM: Mauriello Planning Group, LLC Dominic Mauriello, AICP Allison Kent, AICP

DATE: December 9, 2011

RE: Administration Activities in October and November______________________________________________________________________

Action Items:

• None

New/Pending Applications:

• None

Compliance Deposits:

• Just/Hulsizer - Lot 1, Filing 2 of $5,000 for landscaping - 2009 (to be applied to new project approved in June 2011)

• Plumb - Lot 9, Filing 4 of $500 - 2008

• Elliott - Lot 9, Filing 1 - Holding $4,500 for landscaping next spring (refunded $5,000/$500 used for fine)

Valid Approvals (not actively constructing):

• Lot 19, Filing 2 - Fields Residence - Revised approval expires June 22, 2012

• Lot 1, Filing 2 - Hulsizer residence - sports court addition expires June 22, 2012

• All other projects have expired and are required to re-apply under current guidelines

DRB Administration:

• Drive-thru

• Coordinate on potential Weber application - Yet to submit a complete application and fee

• Coordinate on Elliott compliance depositMauriello Planning Group www.MGPVail.comP.O. Box 4777 [email protected], CO 81631 970-‐376-‐3318

• Coordinate on Hulsizer sports court

• Fees collected in October and November - $0

Special Projects:

• PUD Amendment๏ Response to Club letter regarding withdrawal

• Weed Provisions๏ Pending approval of budget ($650) to add weed control provisions to design

guidelines๏ Deferred until next year by POA

2

MARKETING REPORT FOR DECEMBER 2011

Info Real Estate Sales Report as of 31 March 2011 (Enclosed) Info Land Title Report as of 31 March 2011 (Enclosed) Info Eagle County Real Estate Update

Real estate transactions remain strong October had the second highest number of transactions for any month this year, 130, only exceeded by September. This brings the year to date total for transactions to 1,100, 6% above last year’s volume through the same time period. While the majority of these transactions were under $500,000, 51%; more than 10% of the transactions have sold for more than $2 million. Eagle and Gypsum continue to account for the majority of all transactions in October with 17 and 13 transactions respectively, followed closely by Avon with 11 and East Vail with 9 sales. Year to date through October Vail Village has produced 40% more dollar volume, over $145 million, than any other area in Eagle County while their 49 transactions are the fifth highest in the county creating an average sales price of $2,959,700. The average price per square foot for a single family home in Vail Village has gone up 31% over last year to $1,764. The Eagle County price per square foot average for single family homes has gone down 23% compared to 2010. Bank sales continue to impact our market with 18 more sales in October, bringing the total to 243 transactions year to date through October. October Highlights:

• Vail Village averaged $3,600,217 per sale over 6 transactions • Eagle had the most transactions at 17 • 51% of the transactions were single family homes.

MARKET ANALYSIS....,......~---,.. .........--~ ...... _.. ...... ". ----~

Eagle County, Colorado

October 2011

Month to Month Comparison by Total Dollar Volume

%of '%'01 %01 'lfoQfMonth 2008 PnMoua 20!19' ~ 2010 PtfiiOus 21111 "~O'''I"', .

y- .Y_· . ,.. v_ .. . v:_.. .January 5124.253,400 72% 540,487.500 33% 586.864.200 215% 586.162.658 99%Februarv 5207.081.600 82% 556.760.800 27% 5100.161.634 176% 582.622.700 82%March 5228.388.700 86% 559.372.400 26% 5131.701.100 222% 5131.955.600 100%ADrll 5137.700.500 59% 557.947.000 42% 5130.653,350 225% 5100,701,000 77%

MIY 5158,543,900 53% 570,751.600 45% 5124,810.690 176% 5119,819,895 96%June 5188,121,300 57% 595.286.400 51% 5141,821,150 149% 567,869,777 48%JulY 52'3.432.100 128% 559.677,500 25% 588,131.800 148% 548,698,653 55%Auaust 5211.288.800 67% 591,791.200 43% 5101.212,200 110% 582.557,973 82%September 5169,448,700 65% 5100.847.572 60% 5235,695,303 234% 582.858,500 35%October 5167,365.200 76% 596,167,100 57% 5133.924,900 139% 5112,774,000 84%

November 5174.144,400 80% 582,428,395 47% 5113,577,217 138%

December 5225,150,500 111% 586,926,716 39% 5108,618,689 125%

YTD - TOTAL $1.835,624,200 75% $729,089.072 40% $1,274,976,327 175% $916.020,756 72%

Annual Totals 52,234,919.100 75% 5898,444,183 40% 51,497,172,233 167%

Month to Month Comparison by Number of Transactions,-'". :~~::..." -.... .;: r,•..•• '.;.,' .•;', .C.:::.."':"C:';:'~':.::.'-... ~." " 1·::.~r.. : ,v.......

January

Februarv

March

ADrll

MIY

June

JulYAugust

SeDtemberOctoberNovemberDecember

104131

145117107172157110166

175120102

59%

48%

69%53%

40%

60%77%39%67%

97%63%68%

46 44% 79 172% 90 114%55 42% 95 173% 82 86%44 30% 102 232%1 129 126%54 46% 116 215% 106 91%79 74% 105 133% 121 115%78 45% 121 155% 92 76%

75 48% 92 123% 92 100%99 90% 101 102% 126 125%123 74% 115 93% 132 115%106 61% 115 108% 130 113%84 70% 112 133%95 93% 97 102%

YTD - TOTAL 1,384 60% 759 55% 1,041

Annual Totals 1.606 60% 938 58% 1,250The BOeve figures do nol mdudtJ tnne sham K1leresJs and are an unotrioal JabUlalion of Eagle County recotrJs trlat are believed to be masonabty aa:vTat8.

137%

133%1.100 106%

VAILThe Landmark

610 W. Lionshead Circle5uite 200

Vail, CO 81657ph: (970) 476-2251fax: (970) 476-4534

AVON0090 Benchmark Rd

Suite 205POBox 3480

Ayon. CO 81620ph: (970) 949-5099fax: (970) 949-4892

EAGLE65 Market Street

Suite 4PO BDX 4420

Eagle, CO 81631ph: (970) 328-5065fax: (970) 328-5064

Compliments of:Trevor [email protected]

Copyng!ll;' 2009 Lana TJlle Guarantee Company All nghts reservea

KUY 10C:\1

Bi horn, East Vail

Booth Creek, The Falls

11th Filin ,Vail Golf Course

Vail Villa e

Lionshead

S raddle Creek

Potato PatchUonsridge, Sandstone. The Ridge,

The Valle

Cascade Villa e, Glen L on

Buffer Creek, Vail Oas Shone, VailHei his, Vail Rid e

Hi hland Meadows

Intermountain, Matterhorn, VailVilla eWest

Minium, Redcliff

Ea Ie Vail

Avon

Mountain Star

Wildfid e

Beaver Creek

Bachelor Gulch

Arrowhead

Ber Creek, Sin letree

Edwards

Homestead, South 40

Lake Creek. uaw Creek

Cordillera Valle Club

Cordillera

Wolcott

Bell ache, Red Sk

Ea Ie

G sum

Basalt, EI Jebel and Misc. In-Coun

Quit Claim Deeds

TOTAL

S5,874,400

so$0

S21,601,300

S2,775,OOO

$0

51,765,000

$6,300,000

Sl,825,OOO

50

$0

5339,000

$1,096,000

S2,628,OOO

52,705,100

50

$75,000

$12,490,000

52,900,000

513,450,000

$4,692,000

51,421,500

$1,494,900

Sl,700,OOO

$0

59,998,300

$0

$1,900,000

$5,033,400

52,549,900

$7,335,200

5825,000

$112,774,000

5.21%

0.00%

0.00%

19.15%

2.46%

0.00%

1.57%

5.59%

1.62%

0.00%

0.00%

0.30%

0.97%

2.33%

2.40%

0.00%

0.07%

11.08%

2.57%

11.93%

4.16%

1.26%

1.33%

1.51%

0.00%

8.67%

0.00%

1.68%

4.46%

2.26%

6.50%

0.73%

100.00%

liIumi>er OfT........

9

oo6

o2

5

oo

3

4

11

o

9

2

6

6

6

3

2

o7

o

17

13

13

130

%OfTrantlc'II"",.

6.92%

0.00%

0.00%

4.62%

0.77%

0.00%

1.54%

3.85%

0.77%

0.00%

0.00%

0.77%

2.31%

3.08%

8.46%

0.00%

0.77%

6.92%

1.54%

4.62%

4.62%

4.62%

2.31%

1.54%

0.00%

5.38%

0.00%

0.77%

13.08%

10.00%

10.00%

0.77%

100.00%

$652,711

so$0

$3,600,217

$2,775,000

$0

$882,500

$1,260,000

$1,825,000

$0

$0

$339,000

$365,333

$657,000

$245,918

50

575,000

51,387,778

51,450,000

52,241,667

$782,000

$236,917

$498,300

$850,000

50

$1,428,329

50

51,900,000

5296,082

5196,146

5564,246

5825,000

$867,822

iWlIi.hllanUciiOn~_

$425,000

soso

$3,400,000

nla

sonla

5600,000

nla

50

so

nla

$400,000

5691,500

5195,000

sonla

51,085,000

nla

51,775,000

5742,500

$187,500

$430,000

nla

50

51,200,000

$0

nla

5300,000

5236,700

$430,000

nla

$427,500

The above figures do not ;ncllJde 6me share interests and are an unofficial tabulalion of Eagle County records /flat ate believ&d to be rea.sonab/y accvrare

VAILThe Landmark

610 W. Uonshead CircleSuite 200

Vail, CO 81651ph: (970) 476-2251fax: (970) 476-4534


Suite 205POBox 3480

Avon, CO 81620ph: (970)949.5099fax: (970) 949-4892


Suite 4POBox 4420

Eagle, CO 81631ph: (970) 328·5065fax: (970) 328·5064

lillY t.l)(AI

--I..;Jnd T1tIe..... ",.,-" ..


Copyright Cl2009 Land Title Guarantee Company. All ngh!s reseNed

Land Title, 1".~NlIl ." .

Area

Bi horn, East Vail

Booth Creek. The Falls

11th Filin . Vail Golf Course

Vail Villa e

Lionshead

S raddle Creek

Potato PatchLionsridge, Sandstone, The Ridge,

The Valle

Cascade Villa e, Glen L on

Buffer Creek, Vail Das Shone, VailHe; his. Vail Rid e

Hi hland Meadows

Intermountain, Matterhorn, VailVilla eWest

Minturn, Redcliff

Ea Ie Vail

Avon

Mountain Star

Wildrid e

Beaver Creek

Bachelor Gulch

Arrowhead

Be Creek. Sin letree

Edwards

Homestead, South 40

Lake Creek,S uaw Creek

Cordillera Valle Club

Cordillera

Wolcott

Bel ache, Red Sk

Ea Ie

G sum

Basalt, EI Jebel and Misc. In-Count

Quit Claim Deeds

TOTAL

T_DoIIarVoIu....

$31.320.900

$487,500

$1.874.700

$145,025,300

$82.842,500

50

58,120,000

$19,547,531

$25,480,000

$8,890.000

$7.615,000

$10,539.500

$5,605,700

$18,446.000

$46.327,600

$14.240,000

$7,517,000

$86,738,500

S80,133,000

$57,848,600

523,536,500

$12,563,253

$9,232,500

$11,069,500

51.437.500

521,222,900

$165,000

$11,870.700

$59,900,777

$33,727,595

$64,193.200

$8,502.000

$916,020,756

%afV_

3.42%

0.05%

0.20%

15.83%

9.04%

0.00%

0.89%

2.13%

2.78%

0.97%

0.83%

1.15%

0.61%

2.01%

5.06%

1.55%

0.82%

9.47%

8.75%

6.32%

2.57%

1.37%

1.01%

1.21%

0.16%

2.32%

0.02%

1.30%

6.54%

3.68%

7.01%

0.93%

100.00%

49

3

49

35

o6

32

7

12

5

14

18

41

103

4

15

55

22

34

33

35

24

7

2

22

14

174

154

114

15

1100

%01Tra_ns

4.45%

0.09%

0.27%

-4.45%

3.18%

0.00%

0.55%

2.91%

0.64%

1.09%

0.45%

1.27%

1.64%

3.73%

9.36%

0.36%

1.36%

5.00D~

2.00%

3.09%

3.00%

3.18%

2.18%

0.64%

0.18%

2.00%

0.09%

1.27%

15.82%

14.00%

10.36%

1.36%

100.00'10

$639.202

$487,500

$624.900

$2,959,700

$2,366,929

so$1,353,333

$610,860

$3,640,000

$740,833

$1.523,000

$752,821

S311,428

5449,902

$449,783

$3,560,000

$501,133

$1,577,064

$3.642,409

$1,701,429

5713,227

$358,950

$384.688

$1,581,357

5718,750

$964.677

5165,000

S847,907

5344,257

$219,010

5563,098

5566,800

',.;~

~"~Price$410.000

nla

$399.000

51,800,000

$2.222.000

50

$990,000

5360,000

$1,850,000

$509,200

51,SOO,000

$571,250

$325,000

$365,000

$342.000

$3,750,000

$400,000

$1,112,500

$2,320,000

$1,370,000

$700,000

$281,000

5349,500

51,300,000

nla

51,093,500

nla

S525,000

$220,500

$186,350

$381,500

5300,000

$386,000

The abolll! figures do not include fjlTH! share interests and are an unofficial tabulation of Eag'e County recoffJs /tIa' are believed to be reasonably aCCUfl/e.

VAllThe landmark

610 W. Lionshead CircleSuite 200

Vail, CO 81657ph: (970)476-2251fax: (970) 476-4534


Suite 205POBox 3480

Avon, CO 81620ph: (970)949-5099fax: (970) 949-4892


Suite 4POBox 4420

Eagle, CO 81631ph: (970) 328-5065lax: (970) 328-5064

UUy lUll\l

--Uir"ll TItle.. . ." ,-., ..


Copyright e 2009 Land Trtle Guaran/ee Company_ All nghts rBsefVed.

BUY HK/\L

~Land1ltJc.:. 'of ..... , I ... , .. , "1"

n;..,c:""tl'iii

"'""tl">~c..§

SaleUnder $500,000

$500,001 to $1,000,000$1,000,001 to $1,500,000$1,500,001 to $2,000,000$2,000,001 to $2,500,000$2,500,001 to $3,000,000$3,000,001 to $3,500,000$3,500,001 to $4,000,000$4,000,001 to $4,500,000$4,500,001 to 5,000,000

Over $5 MillionImproved Residential Total:Residential Vacant Land and

Commercial Total·:

Number ofTransactions

541917712111o2

105

25

Total Dollar Volume$14,685,100$13,854,200$21,222,000$12,453,300$2,400,000$5,600,000$3,485,000$3,625,000$4,200,000

$0$13,275,000$94,799,600

$17,974,400

Average Sales Price$271,946$729,168

$1,248,353$1,779,043$2,400,000$2,800,000$3,485,000$3,625,000$4,200,000

$0$6,637,500$902,853

$718,976

SaleSingle FamilyMulti Family

Vacant Residential Land

Total

Number ofTransactions

54515

110

Total DollarVolume

$64,674,300$30,125,300$7,213,000

$102,012,600

Average Sal~

Price$1,197,672$590,692

$1,442,600

$927,387

Total Number of Transactions

.. $SOO.ool to51.000.000

\8%

• S!.tlOO.OOl to$1.500.000

\8%

M o...t. 2 Million.%

SUlOO,OOllOsuoo,OOO

""

• $500.0011051.000.000,,%

Total Dollar Volume

.. Under $500.00018%

.. Oyer 2 Million

"'%

tlur LOC"l

~.4nc!,TI*


• includes Bf! non-Improved residential transactions

The above r ~ do not include time share interests end are an unofficial tabulation of Eagle County reeorr' .,t are believed to be reasonably accurate

Copyright C!. Land Title Guarantee Company. All rights res8Ned.

II1IY lOl :\1...LandTltlc., " '-,Ill .".........

Number of Number of Total Dollar Average Sal(

Sale Transactions Total Dollar Volume Average Sales Price Sale Transactions Volume Price

Under $500.000 509 $144.110.779 $283.125 Single Family 397 $376,126.395 $947,422

:fg $500.001 to $1.000.000 192 $137,450,700 $715.889 Multi Family 505 $430.182.984 $851.847'E $1.000.001 to $1.500.000 75 $92.522.000 $1.233.627 Vacant Residential Land 83 $29,056,600 $350.080.."0 $1.500,001 to $2,000.000 40 $70,262.100 $1,756.553';;.. $2,000,001 to $2.500.000 25 $57,009.700 $2,280.388a:

$2.500.001 to $3.000.000 14 $38,438,000 $2.745.571"0..$3.000,001 to $3,500,000 13 $42.984,000 $3,306,462>

0~ $3.500.001 to $4.000.000 4 $15,425,000 $3.856,250c..§ $4,000.001 to $4.500.000 6 $25,596,200 $4,266,033

$4,500,001 to 5,000.000 0 $0 $0

Over $5 Million 24 $182,510,900 $7,604,621

Improved Residential Total: 902 $806,309,379 $893,913 I Total 985 $835,365,979 $848,087Residential Vacant Land and

Commercial Tota'-: 198 $109.711.377 $554.098

Total Number of Transactions

• Under 5500,000..~

• S500,OO11051.000.000

,,~

• $1.500,001 to$2.000,000

,~

.. Over 2 Milliol'l,,~

• $500,001 to$1,000.000

,,~

Total DOllar Volume

• $1.500.001'0$2,000.000

'"

• Under $SOIl.OOO

''''

.. Over 2 Millon,,~

llUY lO(,\l

~Land TItle, ,. " ..... ,.....,


" includes all non-improved resident/af transactions

The above figures do not include time shore interests and are an unofficial tabulation of Eagle County records that are believed to be reasonably accurate.

Copyright © 2009 Land Title Guarantee Company. All n'ghts resefYed.

l.UY LOC\L,.LandTrtIc. '. 'OJ,'·,,, .1""'~"·

Number of Total Average YTD Number of YTD Total YTD AverageSale Transactions Dollar Volume Sales Price Transactions Dollar Volume Sales Price

Commercial Improved 6 $2,728,500 $454,750 32 $42,487,000 $1,327,719Commercial Vacant 4 $573,800 $143,450 29 $12,800,377 $441,392Development Vacant 0 $0 $0 1 $1,775,000 $1,775,000

Total 10 $3,302,300 $330,230 62 $57,062,371 $920,361

BUY I.DC/\!.,.landnlennr.,... ·TI ':11'.11'\">'


The above figures do not Include time share interests and are an unofficial tabulation of Eagle County records that Bre believed to be reasonably accurate.Copyright @2009 Land Title Guarantee Company. Alf rights reserved.

Residential Improved TransactionsExcludes: Vacant Land and Commercial

October, 2011Eagle County, Colorado

flU\, lI.K'\1

~land Title• "'~'.' .f· • """,,.--.

AreaTotal DolIIr 'kofV_

N_of "of A""" ......... Ayg. PrIc*oq.Volume T•• acllDl. Tnl. C1b. Tlat..a,:rc ,PrIce T..-.;tton PlIca It

Bi horn, East Vail $5.811.800 6.13% 8 7.62% $726,475 $707,500 $437

Booth Creek. The Falls $0 0.00% 0 0.00% $0 $0 50

11th Filin . Vail Golf Course 50 0.00% 0 0.00% $0 $0 50

Vail Villa e 514.300.000 15.08% 3 2.86% 54.766,667 $5.775.000 51,424

Lionshead $2,775.000 2.93% 0.95% 52.775.000 nla 51.362

S raddle Creek 50 0.00% 0 0.00% $0 $0 $0

Potato Patch $1.765.000 1.86% 2 1.90% $882.500 nla 5314Uonsridge. Sandstone. The Ridge, The

Valle $5,700.000 6.01% 4 3.81% $1,425.000 $600,000 5410

Cascade Villa e, Glen L on 51,825,000 1.93% 0.95% $1,825.000 nla $989

Buffer Creek, Vail Das Shone, VailHei hts. Vail Rid e $0 0.00% 0 0.00% 50 $0 $0

Hi hland Meadows $0 0.00% 0 0.00% $0 $0 $0

Intermountain, Matterhorn, Vail VillageWest $339,000 0.36% 0.95% $339,000 nfa $277

Minlurn, Redcliff $875,000 0.92% 2 1.90% $437,500 nfa $179

Ea Ie Vail $1.628.000 1.72% 3 2.86% $542.667 $468,000 $230

Avon $2.530.100 2.67% 10 9,52% $253.010 $203,550 $236

Mountain Star $0 0.00% 0 0.00% $0 $0 $0

Wild rid e $75,000 0.08% 0.95% $75,000 nfa $33

Beaver Creek $9,075.000 9.57% 7 6.67% $1.296,429 $1,085.000 $578

Bachelor Gulch $2.900,000 3.06% 2 1.90% $1,450,000 nla $746

Arrowhead $13,450,000 14.19% 6 5.71% $2.241,667 $1,775,000 5420

Ber Creek. Sin letree 54,407,000 4.65% 5 4.76% $881,400 $750.000 $258

Edwards $1,260.000 1.33% 5 4.76% $252,000 $210.000 $196

Homestead. South 40 $1,494.900 1.58% 3 2.86% 5498,300 5430.000 $203

Lake Creek. S uaw Creek $0 0.00% 0 0.00% $0 $0 SO

Cordillera Valle Club $0 0.00% 0 0.00% $0 $0 $0

Cordillera $9,533,300 10.06% 6 5.71% $1.588,883 $1,400.000 $296

Wolcott $0 0.00% 0 0.00% $0 $0 $0

Bel ache, Red Sk $1.900.000 2.00% 0.95% $1.900.000 nla $344

Ea Ie 54.228,400 4.46% 13 12.38% $325.262 $300.000 $148

G sum S2,441.900 2.58% 10 9.52% $244.190 $258.100 $108

Basalt, EI Jebel and Misc. In-Coun $6,485.200 6.84% 11 10,48% $589.564 $430.000 $223

$0 0.00% 0 0.00% $0 $0 $0

$94,799,600 100.00% 105 100.00% $902,853 $470,000 $330

!:IU¥ lOl..\L Compliments of:VAIL AVON EAGLE

~Trevor Theelke

The Landmark 0090 Benchmark Rd 65 Market Street 970-328·1465610 W. Lionshead Circle Suite 205 Suite 4 [email protected]

Suite 200 POBox 3480 POBox 4420Vail, CO 81657 Avon, CO 81620 Eagle, CO 81631 land 11tle

ph: (970)476-2251 ph: (970) 949·5099 ph' (970) 328·5065 " ,.. "")~'"

fax: (970) 476-4534 fax: (970) 949-4892 fax: (970) 328-5064

Copynght 1[12009 Land Title Guarantee Company All nghts reserved.

Residential Improved TransactionsExcludes: Vacant Land and Commercial

Through October, 2011Eagle County, Colorado

lIllY ll1C\!

~land Title•• j~~ ••• t ...."u·",

Area ToIOl Dollar %oIV_

_01%01 "Yinoge -- Avg. Prtc.._•.

VoIu_ T"'aiecllono T..-... T............ _ T_PrI.,. II

Sf horn, East Vail S30.686.600 3.81% 46 5.10% S667.100 S417.500 S417

Booth Creek. The Falls S487.500 0.06% 0.11% $487.500 nfa $243

111h Filln ,Vail Golf Course $1.874.700 0.23% 3 0.33% $624.900 $399.000 $358

Vail Villa e $135.204.100 16.77% 38 4.21% $3.558.003 $2.212.500 $1.509

Lionshead S81.915.800 10.16% 34 3.77% $2.409.288 $2.261.000 $1.245

S raddle Creek SO 0.00% 0 0.00% $0 SO $0

Potato Patch $8.120.000 1.01% 6 0.67% $1.353.333 $990.000 $399Lionsridge, Sandstone. The Ridge, The

Valle S17.912.531 2.22% 28 3.10% $639.733 S340.000 $335

Cascade Villa e, Glen L on S8.030.0oo 1.00% 5 0.55% $1.606.000 S1.825.OOO $777

Buffer Creek, Vail Das Shone, VallHei hts, Vail Rid e $8.544,400 1.06% 11 1.22% S776.764 S533.400 $344

Hi hland Meadows S7.615.000 0.94% 5 0.55% $1.523.000 $1.500.000 $411

Intermountain. Matterhorn, Vail VillageWest $8.139.500 1.01% 12 1.33% S678.292 $493.750 $319

Minturn. Redcliff $4.454.500 0.55% 13 1.44% S342.654 S380.OO0 S216

Ea Ie Vail S17.231.000 2.14% 39 4.32% $441.821 S365.0OO $218

Avon $39.812.600 4.94% 98 10.86% $406.251 S339.500 $328

Mountain Star $12.810.000 1.59% 3 0.33% $4.270.000 $4.000.000 $606

Wildrid e S7.301.000 0.91% 14 1.55% $521.500 $430.000 $2f

Beaver Creek S83.323.500 10.33% 53 5.88% $1.572.142 S1.112.5OO $673

Bachelor Gulch S80.133.000 9.94% 22 2.44% $3.642,409 S2.320.000 $826

Arrowhead $57.233.200 7.10% 32 3.55% $1,788.538 $1,395,000 $429

Be Creek, Sin lelree S21,882.500 2.71% 27 2.99% $810,463 $725,000 $263

Edwards $11,170,953 1.39% 30 3.33% $372.365 $281,750 S224

Homestead. South 40 $8.952,500 1.11% 23 2.55% $389,239 $350,000 $194

Lake Creek, S uaw Creek $6.119,500 0.76% 4 0,44% $1.529.875 $1,097,500 $352

Cordillera Valle Club $0 0.00% 0 0.00% $0 SO $0

Cordillera $19,798.100 2.46% 14 1.55% $1,414,150 $1,200,000 $265

Wolcott $0 0.00% 0 0.00% SO SO $0

Bel ache. Red Sk $9,560,700 1.19% 8 0.89% $1.195,088 $1.138,850 S234

Ea Ie $44,014,100 5.46% 120 13.30% $366,784 S288,700 $153

G sum $26,600,395 3.30% 115 12.75% S231,308 $208,000 $108

Basalt, EI Jebel and Misc. In-Coun $47,381.700 5.88% 98 10.86% $483,487 $396,000 $221

Quit Claim Deeds $0 0.00% 0 0.00% SO $0 SO

T AL $806,309,379 100.00·/. 902 100.00% $893,913 $430,000 $376

tiu\' lOC'\1 Compliments of:VAIL AVON EAGLE

~Trevor Theelke

The Landmark 0090 Benchmark Rd 65 Market Street 970·328·1465610 W. Uonshead Circle Suite 205 Suite 4 [email protected]

Suite 200 POBox 3480 POBox 4420Vail, CO 81657 Avon, CO 81620 Eagle, CO 81631 J,a,r!c!, },!tle

ph: (9701476-2251 ph: (970) 949-5099 ph: (970) 328·5065fax: (970) 476-4534 fax: (970) 949-4892 lax: (970) 328·5064

Copynght e 2009 Land Tlfle GU8ronfee Company All nghts reserved

HOMES SOLD IN RANCH. DIVIDE & SUMMIT 111111 THROUGH 11/30/11Complex I Subdivision N.me AddffllStJ SQ, FT. U3fPrlce Sold Price Sold Dllte ADOM U.sl PRICEISF Sold PR(CEISF LIST OFFICE SELL OFFICE

Cordillera F6· Founders PreseIVe 5 Stag Gulch Court 7,558 $3,595,000 $3,275,000 1/4/2011 71. $475.65 $433.32 Divroe SSF SSFCordillera F36 - Goklen Bear Meadows 141 Pine Marttln4 5,776 $650,000 $400,000 617/2011 327 $112.53 $69.25 KW lOelmerCOfclinera F1 & 2 - Divide Lodge 1555 Con:Wlem Way 4,417 $1,265,000 $1,265,000 811912011 209 $286.39 $286.39 Di~SSF JoolTaylorCordillera F26 - saldora Par1t 511 SelUem Loop 4,947 $1,376,000 $1,250,000 B/22f2011 53. $277.95 $252.68 DivideSSF Djvide SSFCordillera F1 & 2· Divide lodgtt 1715 CordHlortl Way 4,633 $1,100,000 $1,100.000 612912011 434 $237.43 $237.43 KW SSFCordillera F26· SoUlara Parll: 27 KltWay 5,718 $1,495,000 $1,200,000 9(1612011 57. $261.'16 $209.86 MMG SSFCordillera F10· Redtal! Ridge 164 RedIal! Ridge 7,249 13,200,000 $2,825,000 10J512011 752 $441.44 $389.71 SSF SSFCordillera F... ~ Mirador Ridge 205 Grenade Hili 5,201 $1,799,000 $1,658,250 10/1012011 69 $3<15.90 $318.83 SSF Divide SSFCordillem F1 & 2 - DividQ Lodge 1500 Cordillera Way 5,124 $1,395,000 $1.200,000 1011412011 83 $272.25 $234.19 Divide SSF DividElSSFCordillera F26 - Settlers Park 94 Hawley Court 4,727 $1,675,000 $1,150,000 10124fl011 317 $354.35 $2043.28 PrudenUal SSFCordillem F35 • Webb Peak 174 W!lbb Peak 7,370 $2,595,000 $2,325,000 111112011 287 $352.10 $315.047 SSF HavlikCordillera _Territories 2892 TerrlloryTrail 5,755 $2,399,500 $2,300,000 11/15/2011 814 $416.94 $399.65 Divide SSF Fulfer BCVCordillera F3 - Divide Glen 805 Andorra Road 3.676 $1.19S,OOO $1,100,000 1111612011 839 $325.08 $299.24 Oivido SSF N. Upsl<yCo.* ThIs unfinished apse home w.. bank-owned

SOLD THIS YEAR (13) $21,048,2S(J

SOLD SAME TIME lAST YEAR (21) $41,990,000

UNDER CONTRACT, NOT CLOSED (3) $6,195,000

ENCLAVES SOLD IN RANCH. DIVIDE & SUMMIT 1/1/11 THROUGH 11/30/11COmpMK I Subdlvfsfon Name Address SQ,FT. List Price SoldPrlce SoldD.'e ADOM L151 PRICEISF SoldPRICElSF LlSTOFFfCE SELL OFFfCELes Pyrenees'1 2035 COrdillera Way 5,598 $1,200,000 51,087,000 41B12011 362 $214.36 5194.18 SSF SSFCord~lera F3 -Alcatar 195 Alcazar Drive 2,142 $672,500 $637,750 9/2112011 107 $245.26 $232.59 DlvldeSSF ForbesCordillera F30· Grey Hawk 111 Grey Hawk 5,304 $1,750,000 51,600,000 9/3012011 584 $329.94 $301,66 SSF SSFCordillera F22 ~ Bentgrass 104 Bermuda Drive 4,081 $1,269,000 $1,100,000 10f6/2011 444 $310.95 $269.54 DlvldeSSF Divide SSFCordillere F16 - Kensington Gleen 446 Kensington Grsen 3,441 $650,000 lOOO.ooo 1114(2011 501 $186.90 $1704.37 Divide SSF Divide SSF

SOLD THIS YEAR (6) $6,024,160

SOLD SAME TIME LAST YEAR (12) $14,276,000

UNDER CONTRACT. NOT CLOSED (2) $2,316,000

LAND SOLO IN DIVIDE. RANCH, SUMMIT 1/1111 THROUGH 11/30/11Complex Name Add,... LaU ACRES lfslPrlce Sold Price So/dDB'S Sold PrlcflfAcnJ ADOM USTOFF/CE SELL OFFICEF9 - Whittaker Ponds 363 Black Beer , 1.35 $200,000 $175,000 112012011 $129,629.63 nollnmls Divide SSF DIvide SSFF3-4 - sum Jacksons Point - Gold Dust 35 Powell CotJTt 12 3.59 $199,000 $100,000 3/2312011 $27.855.15 853 Divide SSF Divide SSFF1 & 2 - Divide Lodge 1360 Cordillera Way 21 2.64 $114,900 $111,000 312812011 542,045.45 443 PrudentIal PrudantialF24 - Elk Ridge Beerden Meadows 121 Aspen MeadOW& 58 1 5345,000 $200,000 5120412011 S20D,DOI100 1481 SummltSSF SummltSSFF17 • The Highlsnds & HIghlands Point 233 Blade Bear Trail 6 1.65 $135,000 $120,000 8/1912011 512,727.27 37 KW KWFa - The Timbllr5 32 WTlmber Draw , 1.01 $297,500 $123,750 912012011 $122,524.75 363 SSF G8tew~

SOLD THIS YEAR (S) $829,160

SOlD LAST YEAR SAME TIME (7) $1,288,400

UNDER CONTRACT, NOT CLOSED (1) $8150,000

HOMES SOLD IN eve 1/1/11 THROUGH 11/30/11Complex I SubdivIsion Nsme Address SQ. FT. LIst Price Sold Price Sold Date ADDM LIst PRICE/SF Sold PRICE/SF LIST OFFICE SELL OFFICE

SOLD THIS YEAR (0)SOLD SAME TIME LAST YEAR (6)

UNDER CONTRACT, NOT CLOSED (1)

$0$14,645,400

$1,900,000

ENCLAVES SOLD IN CVC 1/1/11 THROUGH 11/30/11Complex I Subdivision Name Address SQ. FT. LIst Price Sold PrIce Sold Date ADOM LIst PRICE/SF Sold PRICEISF LIST OFFICE SELL OFFICE

SOLD THIS YEAR (0)

SOLD SAME TIME LAST YEAR (1)


$0$1,260,000$1,166,000

LAND SOLD IN CVC 1/1/11 THROUGH 11/30/11Complex Name Address

Vaney Club F1 105 Juniper laneValley Glub F2 218 Spring Creek Lane

Lot 1120

6

ACRES

1.651.46

List Price

$1,200.000$750,000

Sold PrIce

$875,000$562,500

Sold Date4129120115110/2011

Sold Price/Acre$630.303.03$385,273.97

ADOM

376111

LIST OFFICE SELL OFFICE

Gateway Gateway

SSF SSF

SOLO THIS YEAR (2)SOLD LAST YEAR SAME TIME (2)


$1,437,600$1,415,000

$0

Summary of Website Tracking - November 2011

Visitors Overview

80.5% of total visits were by new visitors.On average each visitor viewed six (6) pages in one visit.On average each visitor spent three (2) minutes, 25 seconds on the site.

Top Pages

1. Real Estate

2. Cordillera Colorado (Home Page)

3. Gallery

Top Traffic Sources

1. Google2. Bing

Top phrases used in search engines1. Cordillera Colorado2. Cordillera3. Cordillera Colorado Real Estate

Top Referring Sites

1. www.cordillera-vail.com2. No Referral - Direct Entry

Top States visiting CordilieraColorado.com

1. Colorado -149 visits (+13%)2. Texas - 87 visits (-13%)3. New York - 34 visits (+31%)4. California - 30 visits (+3%)5. Illinois - 30 visits (-9%)

Website Summary

2009 Jan Feb March April May June July August September October November December

Hits 16,628 15,246 15,538 13,883 12,735 17,354 20,711 24,257 21,582 25,117 21,186 28,612

Visits 9,442 8,033 8,307 6,819 4,112 6,065 9,761 11,471 9,847 10,132 9,468 11,618

Hits 108,037 100,918 105,384 94,162 78,717 106,192 149,671 143,518 111,172 102,188 99,702 115,917


Page Views 3,167 8,312 8,128 5,796 6,778 8,171 11,176 10,682 6628 5000 4155 6103

Visits 635 1,196 1,225 950 990 1,242 1,676 1,566 923 696 724 883

Visitors* 543 992 1,056 778 868 1,060 1,431 1,370 819 578 616 768


Page Views 6765 4659 5558 5720 4771 5383 6777 6686 4604 3467 3380

Visits 1059 736 828 704 768 892 1036 1063 713 629 600

AbsoluteUniqueVisitors· 925 643 728 595 692 799 883 877 668 559 526

-Note: Website Summary now includes "Absolute Unique Visitors," which is the number of only new IP addresses that view the site. This means that thisnumber records no duplicate IP addresses. This is a gauge of how many new people are visiting the site, and proVides an effective way of knowing howour marketing efforts are reaching new customers.

Documents

Cordillera Valley Club Property Owners Association · Administrative Management Provided By Robertson & Marchetti, P.C. 28 Second Street, Suite 213, Edwards, CO 81632; Phone (970)