March 2015

March 2015 Edition

Town Tidbits

An extremely dry but very busy ski season is coming to a close here in Crested Butte as the snow melts quickly giving way to green grass. The last weekend at the resort will be sure to satisfy regardless as it is more of a party than a ski weekend anyway. Bring your costume if you do not want to stand out and please ski safely. The last show at the Center for the Arts is the Telluride Theathre’s Jukebox Burlesque this Friday the 3rd at 9:00 p.m. More end of the season fun is the Ultimate Snowmobiler April 8th - 12th. 

What's Happening in the Real Estate Market

The 1st quarter of the overall 2015 Crested Butte real estate market has come to a close with a staggering 25% increase over 2014. 41 condo and home sales totalling at $18,029,000 have closed so far with an average of 6% off of asking price. This is an 11% increase over the 1st quarter of 2014 with a 17% increase in median price. Another 40 properties totaling almost $27,000,000 are under contract nine of which are over $1mil with one at $3,200,000. 

Land sales continue to make a come back as mild temps and low snow amounts have allowed for better viewing coupled with lower single-family inventory. An impressive 28 parcels totaling $6,032,000 have sold so far in the 1st quarter of 2015. That is up 91% from the same period last year. Although prices have not recovered as much as we'd like it is very clear that land is in much higher demand. 

Click below for a more a detailed insight to the entire Crested Butte real estate market with the Benson Sotheby's 1st Quarter Market Report.

Benson Sotheby's 1st Quarter 2015 Market Report

In the News

CNL Lifestyle Properties Could Sell All Ski Resorts Including Crested Butte
Hartman Rocks Opens Early
David Chodounsky Defends Slalom Title at US Alpine Championships
Crested Butte Mountain Biking - Top 10 Mountain Bike Destinations
Montanya's Distillers in Crested Butte
Crested Butte's Teocalli 2 Bowl
McConkey Emmy Nomination
Crested Butte Biking - West Elk Bicycle Classic
Aston Martin in Crested Butte Contact and Pricing
Scarps Ridge Lodge in Crested Butte - Ski Lodge Nirvana
Ski Mountaineering Racing Crested Butte Named the Coolest
2015 Season Highlights of the Crested Butte Music Festival

Click here for our Winter Collection.

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


20 Marcellina Lane - The Timbers
Mt. Crested Butte,
2 Bed | 1 Bath | 603 SqFt | $162,500
10 Aspen Lane
Mt. Crested Butte, Colorado 81225
6 Bed | 6 Bath | 4,906 SqFt | $1,495,000
1202 County Road 317
Crested Butte, Colorado 81224
4 Bed | 4 Bath | 3,151 SqFt | $1,375,000
2600 Roaring Judy Ranch Road
Almont, Colorado 81210
4 Bed | 3 Bath | 3,216 SqFt | $895,000
189 Wild Rose Lane #Tract 11
Crested Butte, Colorado 81224
3 Bed | 3 Bath | 2,872 SqFt | $899,000
1363 Red Mountain Ranch Road
Crested Butte, Colorado 81224
Bed | Bath | SqFt | $545,000
Click here to view the published version the March 2015 newsletter.