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Bluebird Real Estate | Spring 2019

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bringing dreams home


7 Moon Ridge Lane | Offered for $9,995,000

birdseye view: market snapshot, spring 2019 It’s the calm before the storm. Since Vail Resorts purchased our ski area last fall, we have observed lots of new visitors with accents from afar. Through Vail’s marketing and their Epic pass, which allows members to ski at participating resorts worldwide, many visitors are discovering Crested Butte for the first time. We had a great year of snowfall, with nearly fifty percent more of the fluffy stuff than average. This translates to return visits this summer from people who really enjoy our outdoor lifestyle, world class skiing and friendly people. Our real estate sector is now experiencing the positive effects of the Vail attraction. Condominiums on the mountain are being absorbed quickly as they enter the market. The average condo is now $490,000, a 40% increase from the spring of last year. Homes in town are going fast, and inventory is very light. Land sales have continued to increase with diminishing availability. Prices continue to firm up as new offerings are obtaining higher prices. More expensive properties are selling, fueled by investor confidence and a desire for portfolio and lifestyle diversification. Average Price* Crested Butte Mt Crested Butte Mt CB Condo/ TH Crested Butte Rural CB South Land

$ 1.3 million $ 1 million $ 490,000 $ 1 million $ 725,000 $ 384,000

Why so much demand, in a leveling national climate? People are seeking quality of life. They are working remotely, removed from the congestion of urban living. Crested Butte is literally a last frontier at the end of the road. Our forefathers and leaders have been vigilant in protecting the quaintness of our community and in moderating thoughtful growth. Our town is a National Historic District. As a complement, we are opening a fabulous new Center for the Arts this summer which will host compelling visual, literary and performing arts events. Bluebird is the exclusive marketing representative for Aperture, the premier development for distinctive new homes on up to one-acre tracts within walking distance to downtown. Several homes will be under construction this summer, all with panoramic mountain views and easy access to trails and the Slate River. As the fastest growing brokerage in the valley, Bluebird leads the market with nearly $150 million in active volume and 50 properties priced over $1 million. Our inventory represents one third of the offerings in the Crested Butte region. With low interest rates, the limited availability of real estate, and the success which surrounds Vail owned resorts, Crested Butte is positioned to be a great investment destination for the foreseeable future. * CREN MLS, 4/17/19, rounded to the nearest thousandth.

211 Elk Avenue PO Box 1788 Crested Butte, CO 81224 970.349.6691 bbre1.com


crested butte area home sales statistics

*CREN, MLS Data, 04.19.19


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

days

211 Elk Avenue PO Box 1788 Crested Butte Colorado 81224 bbre1.com 970.349.6691

bringing dreams home

nes on every es are made and unique claimed oak

early birds bringing dreams home

property brochure

winter and spring 2019 | issue 2

winter and spring 2019 | issue 2

188 Bethel Road, Smith Hill Ranches Crested Butte

bluebird days magazine

Bluebird is the exclusive regional affiliate 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 565 brokerages in 65 countries.


bluebird associates and staff

Karen Allen 970.209.2668 karen@bbre1.com

Dan Estey 303.913.2357 dan@bbre1.com

Stacey Schultz Crested Butte Collection Team 970.596.2397 stacey@bbre1.com

Diane Aronovic 970.209.0405 diane@bbre1.com

Jana Barrett 970.209.9510 jana@bbre1.com

Charlie Farnan Mountain Office Team 970.209.0609 charlie@bbre1.com

Dalynn Trujillo 970.596.3397 dalynn@bbre1.com

Trevor Bona Crested Butte Collection Team 970.319.5092 trevor@bbre1.com

Jenny Knox 970.596.3402 jknox@bbre1.com

Joel Vosburg Mountain Office Team 970.209.1581 joel@bbre1.com

Lisa Lenander 970.209.1603 lisa@bbre1.com

Parker LaDue Marketing Coordinator 972.529.8680 parker@bbre1.com

Maggie Dethloff 970.209.7880 maggie@bbre1.com

Jenna May 970.901.3601 jenna@bbre1.com

Jennie Barry Office Coordinator 970.275.0223 jennie@bbre1.com

Corey Dwan Crested Butte Collection Team 970.596.3219 corey@bbre1.com

Sandy Perrino 970.275.6308 sandy@bbre1.com

Bud Bush Principal 970.922.8550 bud@bbre1.com

Bluebird Real Estate is a dynamic team of dedicated professionals who are driven by exceptional marketing and successful results for our clients. The Bluebird building is strategically located in the heart of the downtown historic district of Crested Butte, Colorado.


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 126 listings, including 51 luxury properties, and over $135 million in volume in the Crested Butte area.

126

$135 million

51

Listed Properties

Listing Volume

Million-Dollar Properties *Per CREN MLS, January 2019

Bluebird is richly involved in our community, serving and sponsoring many civic and charitable organizations, and contributing a portion of every closing to the Bluebird Charitable Fund which gives back to local causes.

211 Elk Avenue PO Box 1788 Crested Butte, CO 81224 970.349.6691 bbre1.com


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