Residential Luxury Report | Mid-Year 2020
Due to heavy restrictions on real estate activity during the COVID-19 pandemic, real estate activity was slower than normal throughout the spring. Although homebuying was impeded for much of March and April, consumers’ determination to continue their real estate journeys resulted in a boom of buying and selling in the delayed spring market. In analyzing luxury real estate metrics throughout various Colorado communities, it is clear that the markets are still thriving, even during these unprecedented times. LIV Sotheby’s International Realty, Colorado’s leading luxury real estate brokerage, produces a quarterly Residential Luxury Report, comparing January through June of this year to the previous year.