Sunday, November 01, 2020

Colorado’s real estate market hasn’t just recovered, it has surpassed 2019’s performance

 


The Vail Valley, one of the most popular destinations for those looking for world-class skiing and the resort lifestyle, saw a 14.7% increase in the number of single family homes sold through Q3 compared to the same time frame in 2019. 

Other resort destinations such as Summit County and Crested Butte experienced 7.9% and 14% increases in listings sold respectively. Southwest Colorado’s historic mining town of Telluride had the most notable rise in property sales of all. 

Here, 56.3% more properties were sold from January through September of 2020 compared to the same time frame last year. 

These increases in home sales help illustrate buyers’ desire to escape the city life and find their sanctuary in mountains towns.