April 2016

April 2016 Edition

Town Tidbits

Crested Butte Mountain Resort's Closing Day 2016 has come and gone. On April 3rd, another successful ski season came to an end after a big Closing Day party complete with gapers, music and people skiing into giant icy pools of water while wearing costumes. As the lifts shut down and the the temperatures rise, the town will experience the annual transition between winter and summer - our two busiest seasons. This winter, Crested Butte was home to dozens of exciting events ranging from local festivals to national competitions and the calendar is already filling up for the spring and summer. Soon, floods of mountain bikers, flower seekers, music lovers and people who just want to have a good time will venture to Crested Butte for a perfect mountain town vacation. 

Some view spring as the "off season" in the valley, but there is still plenty of fun to be had this time of year. William Shakespeare said "April hath put a spirit of youth in everything" and he was on to something. When the mountain shuts down for skiers and boarders, it opens up for snowmobilers during the Ultimate Snowmobiler competition. The third annual contest has eight different events to determine who really is the ultimate snowmobiler. Another perfect event for the transition season is the Crested Butte Pole Pedal Paddle competition which challenges competitor's skills on skis, on a bike and in a kayak. The endurance race spans the entire Gunnison valley. Outside of organized events, April is the perfect time to dust off your bike or hiking boots and start hitting some of the drier local trails. 

Things Going on in April

The Ultimate Snowmobiler - April 9-10
Headwaters Poetry Festival - April 15-17
Crested Butte Film Festival: Monthly Film Series - April 21
Crested Butte Pole, Pedal, Paddle - April 24
Canvases and Cocktails - April 25

Click here for the entire Crested Butte/Gunnison Event Calendar

What's Happening in the Real Estate Market

The Crested Butte real estate market gained momentum in March compared to January and February. In March, a total of 16 condos and single family homes were sold for a total of $12,369,798. Of the 16 sales, four of the properties sold for over $1 million. The average reduction off list price was 4.5%. Compared to last month, six more properties were sold and the total sales price for March was nearly double. Currently, another 71 condos and single family homes are Under Contract with a total listing amount of $30,662,390. 

In land sales, there were 10 parcels which closed in March for a total of $1,317,500. These sales represented a wide range from a .12 acre Buckhorn Ranch parcel for $49,500 to a 1 acre parcel in the Wildhorse at Prospect subdivision for $495,000. The average reduction off list price for land in March was 8.4%. Currently, another eleven parcels are under contract, totaling $2,702,900. 

 Click here for the 2016 1st Quarter Report.

You may search all available inventory by clicking here.

In the News 

I like to Put the Footrest Down 
Fun for the Whole Family in Crested Butte 
The Mail Must Go Through: 42nd Annual Al Johnson Race Honors 1800s Mail Carrier
74 Mile Trail from Crested Butte ti Carbondale Looks Promising
Medium Air on Maroon to be held at 2nd Annual Sleds and Kegs4 Reasons Why Crested Butte Skiing is the Absolute Best
Crested Butte Community Yoga Co-op: an Integral Part of the Community

 Click here for our Spring Collection.

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

193 Larkspur Lane
Almont, Colorado 81210
5 Bed | 6 Bath | 6,976 SqFt | $4,250,000
18 Aspen Lane
Mt. Crested Butte, Colorado 81225
4 Bed | 5 Bath | 4,110 SqFt | $1,900,000
300 Skyland Drive #2
Crested Butte,
3 Bed | 3.5 Bath | 2,969 SqFt | $1,198,000
9 Hunter Hill Road #Unit 204
Mt. Crested Butte, Colorado 81225
4 Bed | 4 Bath | 1,788 SqFt | $750,000
846 Sioux Road
Gunnison, Colorado 81230
4 Bed | 3 Bath | 2,590 SqFt | $595,000
620 Gothic Road, Unit 509
Mt. Crested Butte, Colorado 81225
2 Bed | 3 Bath | 1,357 SqFt | $555,000
Click here to view the published version the April 2016 newsletter.