July 2014

July 2014 Edition

Town Tidbits

Summer continues in the Rocky Mountains as the wildflowers move to higher altitudes and the afternoon thunder storms make their daily appearance. Cooler temperatures, amazing skyscapes and the bustling flow of visitors fill our streets. The 42nd Annual Crested Butte Arts Festival starts tomorrow and goes through Sunday. Come enjoy over five blocks of incredible art, marvelous cuisine, artist and chef demonstrations, entertainment, children's activities and art auction.

Make sure to come downtown every Sunday for the Crested Butte Farmers' Market at Elk Ave and 2nd Street, Alpineglow every Monday at the Center for the Arts and Music on the Mountain every Wednesday at the base area, both at 5:30 p.m. There is free downhill mountain biking every Friday 4-7 p.m. and the rest of the valley's trails are riding perfectly. So much to do, so little time.

Here is a brief list of August 2014 summer events:

Check out these and other events at the Gunnison/Crested Butte Event Calendar

What's Happening in the Market

Our local real estate market continues to recover from a slow first quarter but has not quite rebounded as of yet. In the Crested Butte area we are down 25% which is a vast improvement over the 50% down in the first quarter. Interestingly the majority of the shortage can be attributed to a lack of sales in the single family home segment in rural Crested Butte. This segment was down over $15mil from last year. Another contributing factor is that high end sales have been slow in the second quarter as can be seen on our significant sales page in our quarterly report below. Our highest sold price to date for 2014 is $1.925mil verses $4.25mil in 2013.

Check Out Crested Butte in the News

Buy your CBMR Peak Pass by today and receive a free gift
RTA announces next winter's flight schedules
Which Colorado ski town has the cheapest rent?
Adventure Rally Rockies Edition
Three of the best above tree line mountain bike rides in CO
The best fishing and hunting lodges
The best Colorado wildflower festivals for summer 2014
Six months after legalzing marijuana in Colorado

822 Sopris Avenue
Crested Butte, Colorado 81224
4 Bed | 5 Bath | 3,303 SqFt | $1,950,000
7505 Cement Creek Road
Crested Butte, Colorado 81224
3 Bed | 2 Bath | 2,181 SqFt | $1,300,000
189 Wild Rose Lane #Tract 11
Crested Butte, Colorado 81224
3 Bed | 3 Bath | 2,872 SqFt | $999,000
21 Crested Mountain Lane #Unit 514
Mt. Crested Butte, Colorado 81225
3 Bed | 3 Bath | 1,460 SqFt | $335,000
651 Gothic Road, 208B
Mt. Crested Butte, Colorado 81225
4 Bed | 3 Bath | 1,270 SqFt | $295,000
11 Hunter Hill Road, 506
Mt. Crested Butte, Colorado 81225
1 Bed | 2 Bath | 1,258 SqFt | $175,000
Click here to view the published version the July 2014 newsletter.