Mid-Valley Market Report - Mid-Year 2021

If 2020 was an interesting year for all of us, 2021 has proved to be even more remarkable! Real estate values in the Roaring Fork Valley had been on the rise since 2012. We experienced an unexpected increase in values since June 2020 and the momentum has only continued this year. The COVID-19 pandemic and subsequent urban exodus generated a significant surge of interest in our small towns, rural living and year-round outdoor lifestyle. Low interest rates are also incentivizing local and second homeowners finally make the move they have been waiting for. Extremely low inventory is keeping prices high... for now.

Below and above is a custom market report with real estate facts and figures pertaining to Basalt, Missouri Heights and Carbondale. We highlighted current inventory and statistics, as well as historical trends since 2004. We hope you find this information helpful in understanding just how much real estate values have been affected over the past decade and especially the last year. When looking at the charts in each of the locations we are reporting, you will see a drop in the number of sales thus far this year. While prices are high, number of sales are low.This is a result of low inventory.

Sellers have a unique opportunity right now. If you are curious about your options to sell, please get in touch!

We hope to hear from you soon!

Penney and Sara