In its second year of operation, the Frisco Adventure Park doubled its December visitation from a year ago due to promotional efforts, the weather in December and the growing popularity of the penisula’s offerings. Total participants in December 2011 numbered more than 10,000 compared to 5300 recorded in December 2010.
Within a week, Copper Mountain will unveil the U.S. Ski Team Speed Center featuring the only full length downhill training ski run in the world this early in the season. Bill Marlot, the U.S. Ski Team CEO calls the long term deal a “game changer” for his racers.
While European downhillers will have to scramble for training slopes that cannot duplicate World Cup downhill conditions, the U.S. team will be in full downhill training mode on a slope nearly 2 miles long with a 2300 foot vertical drop.
“It will provide unparalleled training for our athletes prior to the World Cup season,” Marlot said “and play an integral role in our strategic development plan for the next generation.”
The race course will have 20,000 feet of safety netting. Construction includes 12,000 feet of power cables, 16,000 feet of commumication cables and 87 new snow guns.
Vacant land sales in Summit County have bottomed out. Prices are down 26.9 % from 2010 creating an uptick in sales by 5.1 %. Prices have fallen enough creating demand which will now place upward pressure on values and sale prices.
Buy vacant land in Summit County today. It is an excellent well timed investment.
Sharing key statistics on United States vacation purchasers:
10 % of 2010 home sales in 2010 were vacation homes.
13 is the median number of years that buyers plan to keep their homes.
34 % of purchasers that plan to use their vacation home as their primary residence in the future.
36 % of purchasers who made the purchase in all cash.
49 years old is the median age of the vacation purchaser.
70 % of purchases were single family residences.
375 miles is the median distance in miles from purchaser’s primary residence.
$ 99,500 is the median household income in dollars of the purchaser.
$ 150,000 was the median sales price in 2010.
543,000 vacation homes purchased in 2010.
7.9 million is the number of vacation homes in the United States.
The most recent data released by the Mountain Travel Research Program indicates that skiers and snowboarders are continuing to book ski and snowboard holidays for the coming season at a steady pace.
Year over year occupancy for October – March is up overrall 8.4 % compared to the same period last year with January up 18 % and February up 10.3 %.
Looking back, in the past six months from April through September of 2011, actual occupancy was up 6.1 % compared to last year.
A big September brings Summit County single family home sales to nearly 30 % ahead of last year to date, the strongest showing of any market segment this year.
58 single family homes sold in September 2011. The last time more than 50 single family homes sold in Summit County was in November 2007 when 54 homes sold in a month.