February 2016

February 2016 Edition

Town Tidbits

So far, the winter in Crested Butte has been incredible. Sizable storms have been hitting town and the mountain repeatedly. Almost three feet of snow fell during the Christmas holiday. Weeks later, at the end of January, we received nearly three feet again! You can see the Crested Butte Mountain Resort pow cam time lapse from the most recent storm here. Between the storms, the sun is shining bright but the temps are staying cold- making for absolutely perfect ski and snow conditions. Crested Butte Mountain Resort has all fifteen lifts running and almost every run is open. The familiar "boom" of bombs can be heard throughout town as Ski Patrollers are hard at work getting the remaining terrain ready for skiers and snowboarders.

Some big events took place in Crested Butte in January. The Mountain High Music Festival- a fundraiser for Strong Enough to Wear Pink and the Adaptive Sports Center was held in mid January and we wrapped up the month with the Borealis Fat Bike World Championships - a five day event offering something for every level of rider. Lots of visitors made their way through the heavy storms to get to Crested Butte as their dreams of epic powder days became reality!

February offers a full schedule of unique activities. The highly anticipated Aston Martin - On Ice 2016 Ultimate Drivers Day will be held at a private ranch in Crested Butte. This exclusive event allows participants to drive on a custom built track under the professional instruction of  the Aston Martin Team. When registering for the Aston Martin event, please mention that you heard about it here. The famous Alley Loop Race will also take place - beginning and ending in downtown Crested Butte as well as the final goSkiMo ski mountaineering race. Crested Butte Mountain Resort will also host the IFSA Junior Regional Freeskiing Competition and the USSA Dan Prater Memorial Ski Race

Things Going on in February

Live at the Butte 66 - Saturday afternoons
gO SkiMo Nordic Race Series - Feb 3
Learn to Skate Ski for Free - Feb 4
The Alley Loop  - February 6
IFSA Junior Regional Freeskiing Competition - Feb 6, 7
Super Bowl Party at Butte 66 or Woodstone Grille - Feb 7
Women's Tips on Tuesdays - Feb 9, 23
Gore-Tex US Nationals Ski Mountaineering - Feb 12-14
Artists of the West Elks Art Walk - Feb 13
USSA Dan Prater Memorial Ski Race - Feb 18 - 21
Aston Martin - On Ice 2016 Ultimate Drivers Day - Feb 19 
Full Moon at Ten Peaks - Feb 22
Food Pantry Donation Day - Feb 28

Click here for the entire Crested Butte/Gunnison Event Calendar

What's Happening in the Real Estate Market

The Crested Butte real estate market started strong the first month of 2016. A total of eight condos and single family homes closed for a total of $6,470,500. This total represents a range from an $88,000 Skyland condo to a $2,250,000 Mt. Crested Butte single family home. The average reduction off listing price was 7.2%. Compared to January 2015, the same number of residential homes were sold, but the total price last year for the same month was significantly lower at $3,343,500. Currently, another 66 residential properties are under contract with a total listing amount of $25,905,505. 

A total of nine land parcels closed in January for a total of $2,041,000. These sales represented a range from a five acre rural parcel for $25,000 to a .25 acre parcel in Crested Butte that sold for $650,000. The average reduction off list price for land in January was 8.3%. January, 2015 there were only seven land sales in the area totaling $1,024,000. Currently, another eleven parcels are under contract, totaling $2,120,000.

You may search all available inventory by clicking here.

In the News

Farming of the Future Sets Up in Crested Butte South
Colorado's Biggest Secret: The Last Great Ski Town
Crested Butte Home to One of the Best Places to Work - 2015
Local Photographer Jeremy Armstrong is Crushing it in Crested Butte and Abroad
Locals Making Waves in an Entrepreneurial Age
12 Enchanting Spots in Colorado You Never Knew Existed
Niky's Mini Donuts is Now Open in Crested Butte
Fat Bikes versus Nordic Skis: Two Communities Competing for Trails in Crested Butte
Why Bother? Why it is Worth the Extra Effort to Get to Crested Butte