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Squaw Valley and Alpine Meadows Market Update February 2009

SQUAW VALLEY/ALPINE MEADOWS Residential Market Update

Currently Active 47 Homes

Pending Sales 1 Home (list price $1,799,000)

Closed Sales January 2009 1 Home/Sold price $540,000.00/ List to Sale--90% /Days on Market--131

Closed Sales January 2008 2 Homes/List to Sale-93% /Days on Market-96

Closed Sales January 2007 1 Home/List to Sale-103% /Sold before completion

Closed Sales January 2006 1 Home/List to Sale-83% /Days on Market-184

Closed Sales January 2005 4 Homes/List to Sale-94% /Days on Market-115/

Approximately 48 months inventory

List prices range from $539,000.-4,900,000.

Average List Price $1.622,372.00

Median List Price $1,275,000.

Average Days on Market-215

Median Days on Market-166

Year to Year Sales Comparison

January 1-December 31

2008

2007

% Change

Sales Volume

$37,261,625

$37,028,500

0.6%

Units Sold

25

27

-7.4%

Median Price

$950,000

$1,100,000

-13.6%

Average Price

$1,490,465

$1,371,425

8.7%

Units < $1 Million

14

13

7.7%

Units > $1 Million

11

14

-21.4%

DOM Median

120

105

14.3%

DOM Average

151

186

-18.8%

Posted Friday Feb 20