September 2016

September  2016 Edition

Town Tidbits

The long hot days of summer are behind us and fall is just around the corner in Crested Butte. The temperatures have begun to cool and hints of yellow can be spotted on some of the aspen trees - but just a hint. Heavy foot traffic in town has slowed, although there are still a fair amount of visitors meandering the streets downtown or taking advantage of the biking and hiking trails. Many more are sure to arrive for this month's festivals and events. Fall is a great time to visit the area for hiking, camping, mountain biking, fishing and of course to view the changing leaves. Fall in Crested Butte is beautiful and the calendar offers a huge variety of events that you won't want to miss!

There is something for everyone in September. We kick off the month with the People's Fair, which is always a favorite with the locals. Next, Mt. Crested Butte will be taken over by chili chefs, beer craftsman and hundreds of people willing to taste test it all. The Chili and Beer Festival is one of the staple festivals of the year - which will be even bigger now that it has been combined with additional music and mountain biking for One Good Weekend. In mid September, celebrate the Harvest Mother at Vinotok and throw your Grumps in the bonfire. Finally, the month wraps up with four days of amazing films at the Crested Butte Film Festival. You can check out the entire film line-up here

Things Going on in September

Big Mountain Enduro Finals ~ Sept 2 - 4
Black Canyon Astronomy Evening ~ Sept 2
Grand Traverse Mountain Run & Bike ~ Sept 3 - 4
Paragon Gallery's People's Fair ~ Sept 3 - 4
Tour de Forks: End of Season Celebration ~ Sept 3
Crested Butte Farmer's Market ~ Sept 4, 11, 18, 25
Tour de Forks: Get Crafty in the Kitchen ~ Sept 6
One Good Weekend/Beer and Chili Festival ~ Sept 9 - 11
Big Beers for Big Gears ~ Sept 9
Pearl Pass Tour to Aspen ~ Sept 10 - 11
Backcountry Bike Academy ~ Sept 17 - 18
ARTum Festival ~ Sept 17 - 18
Vinotok Fall Celebration ~ Sept 18
Western State University Homecoming ~ Sept 23 - 24
Crested Butte ArtWalk ~ Sept 23
Crested Butte Film Festival ~ Sept 29 - Oct 2

Click here for the entire Crested Butte/Gunnison Event Calendar

What's Happening in the Real Estate Market

In August, 28 single family homes and condos were sold for a total of $12,334,630, which represents three fewer homes than were sold in July, but a higher total sales volume of nearly $2 million. There were many showings and executed contracts in July and August, so expect sales to be higher later in the fall. Three homes sold for over $1mil and the average reduction off list price was 3.8%. Currently, another 65 homes and condos are under contract, representing a listing amount of $42,882,965. In August, another 11 of the Timbers condos of which I am the exclusive Listing Agent for, sold. All but two of the remaining 8 units are under contract. 

In land sales, a total of seven parcels sold in August - one less than in July for a total of $1,590,750. The total sales volumes in July and August are similar and the total percentage off list price in August was 4.5%. Sales in August represent a wide range of land from a 3.58 acre parcel in the town of Gothic for $8,500 to a .14 acre parcel in Crested Butte on Whiterock Avenue, which sold for $595,000. Currently, another 16 parcels are under contract with a total listing price of $3,781,400. 

You may search all available inventory by clicking here.

In the News 

Houseguest: Presented by Sotheby's International Realty
Building Plans for the New Center for the Arts in Crested Butte
$20 Million Grant Awarded to Study Warming of Colorado Rivers
Crested Butte Local is the First American Woman to Ever Medal in Steeplechase
Storytellers: Getting People Back on their Mountain Bikes
Honoring the Day the Klunkers from Crested Butte Invaded Aspen
Crested Butte Classic: A Colorado Endurance Series Race
Mt. Crested Butte Hosts One Good Weekend

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
6475 County Road 740
Crested Butte, Colorado 81224
4 Bed | 3 Bath | 6,511 SqFt | $2,350,000
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
2600 Roaring Judy Ranch Road
Crested Butte, Colorado 81224
4 Bed | 3 Bath | 3,216 SqFt | $699,000
846 Sioux Road
Gunnison, Colorado 81230
4 Bed | 3 Bath | 2,590 SqFt | $560,000
Click here to view the published version the September 2016 newsletter.