Residential Luxury Report | Quarter 2 2021
Through the first half of the year, Colorado’s luxury real estate markets throughout the state have seen dramatic increases in buying and selling activity, indicating that consumers are ready to begin their next chapters in homes that elevate their lifestyles. This boom is likely a continuation of the surge in real estate that was sparked by consumers’ need for more space, privacy, and amenities last year. The appreciation in home values, which has been influenced by heightened demand for luxury homes, has benefited sellers this year. However, with more people taking vacations or traveling this summer, buyers may now have the opportunity to purchase their next primary or secondary residence in one of Colorado’s incredible communities.