14 June 2023

Bluebird Days Magazine Volume 11 Hit the Stands!

Bluebird Real Estate is excited to announce the 11th issue of Bluebird Days Magazine! Our premier lifestyle magazine is available at our Crested Butte and Gunnison offices and at key locations across the Gunnison Valley. Please stop by one of our offices to say hello and collect your copy!

This issue includes a compelling story about local community advocate Lauren Kugler, the Executive Director of the Community Foundation of the Gunnison Valley, and her experience growing up and connecting the Gunnison Valley. Our community spotlight article presents Living Journeys, a nonprofit dedicated to providing critical support to cancer patients and their families in the Gunnison Valley. In this issue, you will also find a Crested Butte and Gunnison market snapshot, many stunning listings, striking local photography, and much more!

As the leading independent real estate brokerage in the Gunnison Valley, Bluebird is proud to highlight our agents, a dynamic group of dedicated professionals. Built on a vision of bringing dreams home, we are here to respectfully serve and support you, whenever you are ready.

Bluebird Real Estate is the exclusive regional member of Luxury Portfolio International.

Click here to view the entire issue.

Birdseye View | Crested Butte Market Snapshot | Year-End 2022

2022 has been a year for recovery, adjustment, and a return to more normal times. Even though we will always appreciate the booming sales of the last couple of years, the needed respite has been welcome.

The fourth quarter brought a differentiating pause. A stock market correction, election year, interest rate increase and a war overseas caused many homebuyers to slow down over the holidays to reassess plans for the new year.

The great news for real estate is that our agents have many eager clients who are ready to buy once more homes become available. We began to see more offerings last summer, but much of it was quickly absorbed. We anticipate more inventory to build this spring, which will satisfy some persisting pent-up demand and generate strong sales.

As the market corrects, the typical disparity between seller and purchaser expectations has subsided. With price changes and deeper negotiations, successful transactions are ensuing as prices relax.

Overall, sales are off valley wide by about a third over 2021. Average sales prices have actually increased quite a bit due to strong demand for our resort destination and a lack of strong inventory. The average home price in the Town of Crested Butte surpassed $3 million for the first time ever. The average condominium on the mountain is now selling for more then $630,000.

Several sectors including land sales have adjusted to pre-pandemic levels, although the average price for vacant land has more than doubled since then to nearly $900,000.

Bluebird has led the market at all ends of the valley, recording the highest number of sales of any brokerage in the valley. The firm also posted and commanded the highest sales prices of record in Crested Butte, Mt. Crested Butte, and Rural Crested Butte in 2022.

As inventory stabilizes, we envision positive energy in the market for spring and summer. Our beautiful community and unique lifestyle continue to attract people seeking peace and quality of life, and Bluebird would love to help you realize it.

This issue spotlights the Community Foundation of the Gunnison Valley and includes a fascinating look into the life of local endurance skimo athlete Cam Smith, who recently podiumed at a prestigious international competition. We also feature a market snapshot and many impressive properties. As the fastest-growing real estate brokerage in the Gunnison Valley, Bluebird is proud to highlight our agents, who are the most experienced and the top in their field. 

Birdseye View | Crested Butte Market Snapshot | Second Quarter 2022