Birdseye View | Gunnison Market Snapshot | Year-End 2021

bringing dreams home

Welcome to Bluebird Real Estate, a premium home buying and selling experience in the Gunnison Valley and Crested Butte area of 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.

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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: gunnison market snapshot, year-end 2021 Bluebird Real Estate had an exciting year in Gunnison with record high sales, as well as the purchase of our new Main Street location and the addition of several top agents and new staff to our team!

projects, including the new regional Fed-Ex distribution facility. Multiple affordable housing projects were completed relieving some pressure on the housing shortage.

The Gunnison market continued its growth from 2020 with a 26% increase in sales price in 2021 compared to the prior year, with an average sales price of over $493,000 for single family homes in the City of Gunnison for the first time. In addition to record-breaking single family home sales, Gunnison condo/townhome sales doubled in 2021, and Gunnison area land prices are up over 80% compared to last year with an average sales price of $280,000.

Overall, Gunnison County experienced immense growth during 2021, with the average single family home sales price surpassing $1,000,000 for the first time. With demand at all-time highs and inventory at all-time lows, we anticipate very strong sales for 2022, despite upcoming interest rate increases and inflation.

Many new projects are already underway in Gunnison with building continuing throughout the winter. A new library is under construction near the Van Tuyl trail and is slated for completion in 2022. The Gunnison Rising mixed-use development broke ground on infrastructure and commercial

Crested Butte 970.349.6691 Gunnison 970.641.6691 bbre1.com

Our temporary office space on Virginia Avenue continues to offer a convenient location for clients and agents to connect while our premium storefront on Main Street undergoes renovations. Already a top brokerage and leader in the area, Bluebird is excited to be a friendly Gunnison neighbor and resource for your real estate needs. We would welcome the opportunity to meet you and share how we are “bringing dreams home.”

gunnison area property sales statistics 2018

2019

2020

Gunnison City Sales - Single Family Average Price Percent Change Price/ Square Foot Days on Market Active Listings Months of Inventory

2021

46 343,806 11% 201 110 11 3

52 363,945 6% 229 95 9 2

57 390,667 7% 240 105 6 1

73 493,193 26% 292 82 3 0

Gunnison Rural Sales - Single Family Average Price Percent Change Price/ Square Foot Days on Market Active Listings Months of Inventory

54 466,859 18% 230 203 29 6

55 540,069 16% 228 129 34 7

79 597,957 11% 250 167 27 4

72 705,657 18% 327 109 17 3

Gunnison Area Condo/TH Sales - Condo/TH Average Price Percent Change Price/ Square Foot Days on Market Active Listings Months of Inventory

34 181,864 -6% 177 117 15 5

24 223,721 23% 204 125 17 9

21 258,410 16% 204 75 8 5

44 297,952 15% 261 65 1 0

57 247,047 90% 247

59 181,487 -27% 312

61 154,391 -15% 307

81 280,782 82% 353 33 5

6 400,833 -11% 133 264

8 291,875 -27% 93 218

4 336,625 15% 113 194

15 459,100 36% 130 498 8 6

295 641,882 -6% 274 226 202 8

253 783,986 22% 331 173 233 11

399 880,901 12% 349 237 94 3

395 1,111,485 26% 441 135 58 2

Gunnison Area Land Sales - Land Average Price Percent Change Days on Market Active Listings Months of Inventory Gunnison Commercial Sales - Commercial Average Price Percent Change Price/ Square Foot Days on Market Active Listings Months of Inventory Gunnison/CB Association Sales - Single Family Average Price Percent Change Price/ Square Foot Days on Market Active Listings Months of Inventory

*CREN, MLS Data, January 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. We are strategically located in downtown Crested Butte and Gunnison in modern buildings with superior street visibility and traffic.

Picture from L to R: Bobby Overturf, Chrissy Ward, Brian Cooper, Bud Bush, Steve Mills, Patti Hensley, Mary Hakala, Alex Owen

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.

Sales Volume ($M)

30

250

25

200

20

150

15

100

10

50

5

Associates

300

2017

2018

2019

Sales Volume

Crested Butte 970.349.6691 Gunnison 970.641.6691 bbre1.com

2020

Associates

2021