SSF’s very own shares her thoughts about our unbelievable summer in Eagle County.
Didi Doolittle, the Eagle County sales manager for Slifer Smith & Frampton Real Estate, said the pandemic may have fueled local buyers as well as those from outside the valley.
She noted that COVID’s stay-home orders have proven that many people are able to work from home. Doolittle added that the strength of local schools and the local community have drawn many buyers to the “mountain lifestyle.”
The shift to a “lifestyle” market has actually been occurring over the past several years. COVID-19 has accelerated the trend, she said.
“Even when you’re at your house… there’s still a lot of things to do,” Doolittle said. Since most of those activities are outdoors, “You can still have a really good time and be socially distant.” (See our previous blog post about buyer trends)
With people spending more time at home, Doolittle said many residents either “fell in love” with their current homes, or found things that no longer worked for their families.
Additionally, recently there were more homes under contract than there were homes available in the Multiple Listing Service. Doolittle said inventory probably can’t keep pace with that kind of demand.
“Will people want to stop living here?,” Doolittle asked. “Probably not.”
Quotes taken from “Vail Valley real estate sets dollar volume record in August” and “Vail Valley real estate market sets another sales record” Published by Scott Miller of the Vail Daily.