The fourth quarter of 2008 saw eleven reported sales within the Girdwood and Turnagain Arm areas.  Of these eleven sales, two were of homes, eight were of condos, and one was of vacant land.

Of the two home sales, one was located on St Moritz Dr, and one was located on Echo Ridge Dr.  Of the eight condo sales, four were in the Snow Raven project, two were in the Alyeska West building, one was in the Timberline Building, and one was a Bird House Chalet.  The single vacant lot sale was within the Chugach Park Subdivision located in Indian.

Activity in the fourth quarter was significantly higher than activity in the second and third quarters.  Summers are slow for real estate sales in Girdwood typically, but the lack of activity in the third quarter was most likely a symptom of overall uncertainty in the national economy and stock market.  Activity seemed to return to some level of normalcy in the fourth quarter and was in line with the calendar year as a whole.