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The selling price of two-bedroom condos at Sunray Meadows has increased $20,000 to $25,000 within the past 45 days as the number of distressed properties has dropped steeply. Just one such condo now is actively listed as a short sale.

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Supply of midlevel, bank-owned condos drying up

There’s evidence that condos south of the ski base are seeing prices begin to recover as bank-owned units in those projects are in short supply.

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