The sales season at The Greenbrier Sporting Club is winding down as we prepare for the winter, and to date there have been 35 properties that have been purchased or gone to contract in 2010. As the economy begins to recover nationwide, The Greenbrier resort and The Greenbrier Sporting Club continue to offer the best value in resort living.
Our sales team has been hard at work this year. The addition of the Casino Club and the grand success of The Greenbrier Classic dovetailed perfectly into a fall season that found families from around the country purchasing properties at The Greenbrier Sporting Club. In all, over $30 million in real estate purchases were contracted by the end of the year. We continue to see resale closings outpace developer by more than 6 to 1. Since inception of The Greenbrier Sporting Club, there has been over 600 real estate transactions totaling over $460 million and current membership stands at 393 active members, representing over 30 different states and Canada. Needless to say, our community is vibrant and growing, and we look forward to what 2011 will bring!