July 2016

July 2016 Edition

Town Tidbits

Summer is in full swing in Crested Butte and the bright colors everywhere are hard to miss! Many of the iconic Elk Avenue shops have a fresh coat of paint, the wildflowers are popping up all over the valley and soon, red, white and blue will be waving all over town. Temperatures were unusually high in June for this altitude, but that certainly didn't keep people away. Visitors from all over could be found enjoying a Colorado brew on one of Crested Butte's many great patios, eating, shopping or just strolling along Elk Avenue. Many others were out playing softball, hiking or mountain biking on over 750 miles of local single track. Free concerts on Mondays (at CB South) and Wednesdays (in Mt. Crested Butte) will continue throughout the summer, in addition to the scheduled events for the Crested Butte Music Festival. The Crested Butte Farmer's Market is also a great place to visit on the weekends for fresh fruits, veggies, bread, sweets, art and more!

June's calendar was full of activities as the summer was ramping up. The CBMR Evolution Bike Park opened, there was a trail clean up day, Crested Butte Bike Week and multiple concerts, camps and art classes. 

July hosts two of Crested Butte's biggest summer events- Independence Day and the Wildflower Festival. On the 4th of July, join us, as we celebrate America's 240th birthday in the most charming, small-town, Crested Buttian way! Find the Schedule of Events here for details on the pancake breakfast, parade, music, races, and of course - fireworks! From July 11th through the 23rd, the Wildflower Festival will offer classes, hikes, photography, tours and more. Check out the full schedule of events here and don't miss out on any of the Wildflower events. The Crested Butte Music Festival will also continue to host a variety of musical events throughout July and August. For details and a full list of Crested Butte Music Festival events, click here

Things Going on in July

Gunnison Hot Air Balloon Rally ~ July 2-4
First Inaugural Splatter Dash 1K/5K ~ July 2
CB Mountain Heritage Museum Annual Black & White Ball ~ July 2
Crested Butte Farmers Market ~ July 3, 10, 17, 24, 31
4th of July Happenings: Crested Butte ~ July 4
Gothic to Crested Butte 1/3rd Marathon ~ July 4
Alpenglow: Karl Denson's Tiny Universe ~ July 4
Pinnacle Bike Race ~ July 6, 13, 20
Live! From Mt. CB Free Concert Series ~ July 6, 13, 20, 27
15th Annual Caddis Cup Fly Fishing Tournament ~ July 8, 9
116th Annual Cattlemen's Days: Gunnison ~ July 8-17
Pat Green Live at Big Mine Ice Arena ~ July 9
Tour de Forks ~ July 10, 12, 17, 19, 22, 27
Alpenglow: Kimberly Dunn ~ July 11
Tough Enough to Wear Pink Concert and Auction ~ July 12
Crested Butte Art Walk ~ July 15
33rd Annual Grin and Bear It Trail Run ~ July 16
KBUT's Friday Night Fish Fry ~ July 17
Alpenglow: Highway 50 ~ July 18
Home Soiree: Charles Yang and Peter Dugan ~ July 19
Full Moon at Ten Peaks ~ July 19
Crested Butte Film: Janis, Little Girl Blue ~ July 21, 23
Living Journey's Summit Hike ~ July 23
Living Journey's Half Marathon ~ July 23
Alpenglow: Roosevelt Dime ~ July 25
Crested Butte Wine and Food Festival ~ July 28-31 

Click here for the entire Crested Butte/Gunnison Event Calendar

What's Happening in the Real Estate Market

The Crested Butte real estate market in June saw a big jump over recent months in both the number of sales as well as sales volume. In June, 37 condos and single family homes were sold for a total of $18,570,175, which is $6.6 million greater than what sold in May. Of the 37 sales in June, four properties sold for over $1 million. The average reduction off list price was 3.4%. Currently, another 53 condos and single family homes are under contract, with a total listing amount of  $25,806,190. The properties currently under contract include four homes over $1 million. 14 of the 37 condos and single family homes are from the Timbers condo project that I have been working diligently on for the last year. 

In land sales, there were three parcels which closed in June for a total of $1,045,000. Compared to the month before, the land sales are about 50% of those in May. However, another 17 parcels are under contract with a total list price of $3,333,400. The three land sales in June represent a half acre lot in CB South and two Bellevue Avenue parcels for $500,000 each. The average reduction off list price for land in June was 4.9%.

You may search all available inventory by clicking here.

In the News 

The Best Destinations for Mountain Bikers
8 Crested Butte Summer Events You Can't Miss
The Best Fishing and Hunting Lodges in Crested Butte

Cover of Summer Collection Click here for our Summer Collection. 

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

193 Larkspur Lane
Crested Butte, Colorado 81224
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 | $1,695,000
26 Whetstone Drive
Mt. Crested Butte, Colorado 81225
4 Bed | 3 Bath | 4,285 SqFt | $1,495,000
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
620 Gothic Road, Unit 203
Mt. Crested Butte, Colorado 81225
1 Bed | 2 Bath | 1,125 SqFt | $415,000
Click here to view the published version the July 2016 newsletter.