I am excited to inform you about the constant market improvement we are experiencing. Our overall sales volume for the upper East River Valley has increased an impressive 47.3% year to date. The first quarter of the year was slightly down from 2016, therefore this entire growth has happened during the second and third quarters of 2017.
Rural Crested Butte single family homes and lot sales are both up 127% compared to last year. Mt. Crested Butte condo sales volume is up 28.2% with average days on the market dropping 31.2%. Land continues to rebound as the average price of residential properties continue to increase year over year.
As of mid October the overall sales volume was more than $200 million for the upper valley and there are currently 76 pending contracts with a listing volume of $48 million. We could end up with over a quarter of a billion in volume for the upper valley for the first time in our history.
Click here for our comprehensive third quarter market report.
Currently there are 19 single family homes on the market in the town of Crested Butte, 2 less than in October. There are currently 28 active homes on Mt. Crested Butte, down from 31 previously. Mt. Crested Butte has 68 active condos which is down slightly from October as buyers have been taking advantage of the fall and pre-winter season. The least expensive home in the upper valley remains a Crested Butte South home listed at $530,000. Crested Butte South still has only 7 single family homes on the market.
We saw 30 residential sales in the upper valley for October. Sales ranged from an Evergreen Condo selling for $184,500 to a beautiful ski-in/ski-out, 5 bedroom, Mt. Crested Butte Home selling for $2,350,000.
Thinking of Selling Your Crested Butte Property?
So far this year I have sold $14,769,001 worth of my own listings. Call Me