bringing dreams home
Welcome to Bluebird Real Estate, a premium home buying and selling experience in the heart of the Rocky Mountains of Crested Butte, Colorado.
Exceptional Marketing Bluebird is an independent, local brokerage that represents the best homes in the
marketplace with the finest print and digital collateral available locally and worldwide.
days
crested butte | colorado
bringing dreams home
winter & spring 2021 | issue 6
115 Bethel Road, Smith Hill Ranches Crested Butte
property brochure
bluebird days magazine
Bluebird is the exclusive regional member of Luxury Portfolio International, the leading luxury network selling the highest volume of distinctive properties in the world. The largest global consortium of independent brokers, Leading Real Estate Companies of the World manages relocation services for Bluebird and over 550 brokerages in 70 countries.
29 Mulligan Drive | Offered for $2,995,000
birdseye view: market snapshot, yearend 2020 This has been an unprecedented year for the ages in the Crested Butte area. Following a Covid shutdown and virtually no sales in the early spring, our market rebounded with record highs. Prices and sales in most areas are at all time highs. What started as a boom in the late summer has culminated in to a feeding frenzy. Agents are scouring the market for properties to sell, as inventories are the lowest in many years. We typically have a 12 to 24 month supply of homes and land, and we currently only have a three to four month supply at the start of the year. Million-dollar property sales which peaked at 120, were almost triple the previous year’s results. High end condominiums and more expensive land are surging as well. Condo prices are averaging almost $500,000 for the first time and the average price per square foot for a home in Crested Butte is over $750, with some sales eclipsing $1000. The average price for a lot is over $425,000 for the first time. Overall in the region, sales increased by about fifty percent. It is beyond belief that following only one closing in May for Bluebird, the firm more than doubled its sales from the previous year, leading the market by a wide margin and capturing nearly a quarter of the overall market. Bluebird’s agents are also the most experienced and most productive in the region, each averaging over $15 million in sales. We listed and sold the two most expensive properties to sell in 2020, both over $5 million. The hardest working, most successful team in the upper Valley, we appreciate the trust and loyalty of our clients and community. It is a pleasure to be a contributing part of our little paradise. What started as an awakening from our Vail alliance, grew in to a Covid response for quality of life. Now, Crested Butte is on the map in a big way, and we foresee positive progress in real estate for the foreseeable future.
211 Elk Avenue PO Box 1788 Crested Butte, CO 81224 970.349.6691 bbre1.com
crested butte area property sales statistics Crested Butte Sales - Single Family Average Price Percent Change Price/ Square Foot Days on Market Active Listings Months of Inventory Mount Crested Butte Sales - Single Family Average Price Percent Change Price/ Square Foot Days on Market Active Listings Months of Inventory Mount CB Condo/TH Sales - Condo/TH Average Price Percent Change Price/ Square Foot Days on Market Active Listings Months of Inventory Crested Butte Rural Sales - Single Family Average Price Percent Change Price/ Square Foot Days on Market Active Listings Months of Inventory CB South Sales - Single Family Average Price Percent Change Price/ Square Foot Days on Market Active Listings Months of Inventory Land - All CB Sales - Land Average Price Percent Change Days on Market Active Listings Months of Inventory
2015
2016
2017
2018
2019
2020
26 803,404
27 1,157,515 44.1% 546 175 15 6
23 1,363,624 17.8% 560 247 18 9
22 1,302,877 -4.5% 588 217 20 11
21 1,734,224 33.1% 725 154 22 13
41 1,609,646 -7.2% 752 175 7 2
22 1,149,801 18.7% 373 332 35 16
29 1,028,800 -10.5% 331 243 27 11
30 1,018,750 -1.0% 363 252 25 10
24 1,102,063 8.2% 413 189 22 11
33 1,409,539 27.9% 459 225 18 7
148 264,769 -1.0% 264 246 66 5
137 362,701 37.0% 311 161 49 4
122 397,107 9.5% 366 147 61 6
86 479,264 20.7% 419 141 63 9
126 493,004 2.9% 441 168 54 5
29 1,434,216 8.8% 439 275 44 17
38 1,496,539 4.3% 451 211 41 13
30 1,309,300 -12.5% 389 208 58 23
27 1,698,093 29.7% 511 246 53 24
62 1,834,501 8.0% 483 252 17 3
12 584,708 20.6% 251 119 4 2
18 632,445 8.2% 275 192 7 5
20 676,657 7.0% 287 144 6 4
15 726,133 7.3% 302 140 6 5
18 794,338 9.4% 311 169 0 0
83 226,878 13.7% 319
117 273,255 20.4% 305 242 25
146 278,621 2.0% 292 211 17
89 390,023 40.0% 230 248 33
131 431,745 10.7% 349 151 14
450 245 16 7
26 968,404 337 221 43 18
84 267,523 230 249 127 18
31 1,318,661 361 229 44 16
18 484,972 221 106 8 4
104 199,468 397
*CREN, MLS Data, December 2020
bluebird associates and staff Bluebird Real Estate is a dynamic team of dedicated professionals who are driven by exceptional marketing and successful results for our clients. The Bluebird office building is strategically located in the heart of the downtown historic district of Crested Butte, Colorado.
Picture from L to R: Kristin Fitzgerald, Maggie Dethloff, Bud Bush, Jenna May, Dan Estey, Dalynn Trujillo, Jenny Knox, Jana Barrett, Joel Vosburg, Karen Allen, Charlie Farnan, Diane Aronovic, Lisa Lenander, Jennie Barry, Trevor Bona, Cynthia Wolff, Joe Summerville. Not pictured: Rich Kelley.
2019 VISU AL D ESIG N BLUE B IRD REAL ESTA TE
BEST
Bluebird’s award winning website, bbre1.com, attracts discerning buyers and sellers regionally and from around the globe. Recently the website was recognized for Best Visual Design, an international honor from our member company, Leading Real Estate Companies of the World.
We are driven by successful results for our clients and leading market share in our region. Our mission is to professionally procure the sale of a property on your behalf at the best price, as efficiently as possible, in a smooth and seamless transition.
market leader Bluebird leads the market with $248 million in property sales for the year, capturing nearly one quarter of the overall market, with 90 sales in million plus homes, and an average of $15.5 million in sales per agent.
$248m
90
$15.5m
Sold Volume
Million Plus Sales
Average Sales Per Agent
in Millions
*Per CREN MLS, December 2020
211 Elk Avenue PO Box 1788 Crested Butte, CO 81224 970.349.6691 bbre1.com