“People want a change in lifestyle,” said Dan Fitchett, President of Colorado Resort Markets at LIV Sotheby’s International Realty. “They’re looking at resort communities all over the country to gain a little more of the things they like—fresh air and more open spaces. With today’s technological advancements and buy-in from their companies, many people can now live anywhere they want. And they want to live in our mountain towns.”

LIV Sotheby’s International Realty’s Micro Market Reports for Colorado’s resort areas support that sentiment. The Vail Valley, for instance, had a banner year in 2020, hitting over $1.5 billion in total sales volume, and the projections for 2021 are expected to reach $2.5 billion in sales, according to Alex Griffin, Managing Broker for LIV Sotheby’s International Realty’s Vail Valley offices. While the overall U.S. housing market showed signs of normalizing in August, with more homes coming on the market and price growth slowing, those trends did not transfer to ski towns and desirable resort areas like Vail, Telluride, Summit County, Grand County and Crested Butte.