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
63 Cinnamon Road Mt. 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.
birdseye view: market snapshot, second quarter 2021 It is great to see happy people enjoying hiking, riding and moving about town without masks for the first time in a while. Summer activity is in full swing, with Alpenglow concerts, civic gatherings and wildflowers peaking. Real estate sales are reaching new all-time highs in all of our neighborhoods.
record $543. Land sales are booming in the Crested Butte vicinity, with 140 units transacted to date compared to 131 all of last year. The average price has doubled to nearly $475,000, and the 107 active listings represent the lowest inventory in many years.
Buyers are confidently securing properties of their dreams, outbidding prices in multiple offer situations for homes and land new to the market. The demand is keeping the supply at record lows.
Some of the exponential growth is due to the rebound from the flat market last year during covid. But it appears that buyer confidence in our market and our lifestyle is higher than ever. Bluebird’s sales have more than doubled this year, and the firm leads the market in the highest average selling price of nearly $1 million.
Crested Butte surpassed an average selling price of $2 million for the first time, with and a price per square foot over $900. The market inventory is a mere three months in the north valley. The average sales price in CB South eclipsed $1 million for the first time as well, a thirty percent increase over last year. Mt Crested Butte condos are selling rapidly, with twice as many sales to date (70) and the average price per foot at a
211 Elk Avenue PO Box 1788 Crested Butte, CO 81224 970.349.6691 bbre1.com
We have made a substantial commitment to our community through our Charitable Fund, with a portion of every closing contributed. As top-level sponsors in organizations like the Center for the Arts, CB Nordic and CB State of Mind, Bluebird is invested in our unique culture and quality of life that we appreciate and share with our neighbors every day.
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
YTD 6/20
2020
YTD 6/21
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
10 1,831,815 3.1% 739 170 10 6
41 1,609,646 -7.2% 752 175 7 2
14 2,148,428 17.3% 918 162 16 7
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
9 1,083,300 16.5% 462 122 7 5
33 1,409,539 27.9% 459 225 18 7
22 1,795,795 65.8% 520 129 10 3
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
34 414,305 -16.6% 447 148 64 11
126 493,004 2.9% 441 168 54 5
70 592,792 43.1% 543 168 39 3
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
9 1,561,527 25.3% 444 209 18 12
62 1,834,501 8.0% 483 252 17 3
24 1,760,168 12.7% 644 131 13 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
3 820,000 16.4% 243 228 6 12
18 794,338 9.4% 311 169 0 0
12 1,072,098 30.7% 470 66 4 2
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
19 236,477 -55.1% 281 290 92
131 431,745 10.7% 349 151 14
140 472,637 99.9% 620 107 5
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, June 2021
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: Bet Egelhoff, Patti Hensley, 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 BLU REAL EBIRD 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 $250 million in property sales last 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.
$250m
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