February 2015

February 2015 Edition

Town Tidbits

After a painfully dry couple of months winter has returned with full force as more than 19" inches has fallen in the last 72 hours. Another serious storm front is moving in and one to four feet is forecasted for the weekend. Spring skiing is going to be awesome so make sure you allow time for a visit! More exciting news is that the grand opening of the Teocalli 2 Bowl is this Saturday at 9:00 a.m. Click here to view the teaser video. Matisyahu was rescheduled due to an illness so he will be performing this Saturday apres ski on the Butte 66 deck. What better way to celebrate new ski terrain and fresh powder than a free concert!

What's Happening in the Real Estate Market

The 2015 Crested Butte real estate market is off to a strong start with 21 condo and home sales valued at $8,668,000. This is three sales short from the same period last year but the reduction off of list price was only an average of 5%, a 3% decrease from all sales in 2014. With another 32 properties under contract totally more than $19,000,000 it is evident our market continues to improve. A notable sale was 40 Anthracite Drive in Mt. Crested Butte that sold for $1,450,000 of which I assisted both buyer and seller.

Land sales are making the biggest come back compared to the same period last year. 14 parcels totalling $3,514,000 have sold so far compared to only 6 the same period last year amounting to just $322,000. A notable sale was a vacant lot in the town of Crested Butte for $650,000.

Click here for the Sotheby's Global Luxury Real Estate Report a unique and detailed insight to what the world's ultra high net worth population is doing with their money.

Nearly 80% of Housing Markets Are Stabilizing

New Business Coming to Crested Butte
We all love donuts specially when topped with delicious sweets so I've already contributed to Niky's Mini Donuts Kickstarter campaign as I look forward to this sinful addition to our town. Pledge now so that you have dozens waiting for your arrival this summer! They will be located at 114 Elk Avenue in downtown Crested Butte.

In the News

Aston Martins on Ice
Best Colorado Restaurants Outside of Denver
Crested Butte's 401 Mountain Biking Trail
Crested Butte Flight Deals Winter '14/'15-$99 Companion Fare
10 Reasons Crested Butte is America's Coolest Small Town

Click here for our Winter Collection.

Thanks for reading today! Please feel free to forward along to anyone you might think interested.

625 Red Mountain Ranch Road
Crested Butte, Colorado 81224
4 Bed | 7 Bath | 9,269 SqFt | $3,500,000
822 Sopris Avenue
Crested Butte, Colorado 81224
4 Bed | 5 Bath | 3,303 SqFt | $1,950,000
10 Aspen Lane
Mt. Crested Butte, Colorado 81225
6 Bed | 6 Bath | 4,906 SqFt | $1,575,000
1202 County Road 317
Crested Butte, Colorado 81224
4 Bed | 4 Bath | 3,151 SqFt | $1,375,000
14 Hunter Hill Road, A302
Mt. Crested Butte, Colorado 81225
2 Bed | 3 Bath | 1,693 SqFt | $675,000
21 Crested Mountain Lane #Unit 514
Mt. Crested Butte, Colorado 81225
3 Bed | 3 Bath | 1,460 SqFt | $342,000
Click here to view the published version the February 2015 newsletter.