June 2017

June 2017 Edition                     

Town Tidbits

The month of May brought a plethora of sunny, warm days as well as plenty spring snow showers to Crested Butte and the Gunnison Valley, as a result, our famous wildflowers have started to bud! I am looking forward to seeing all of my clients and their families descend on town to enjoy the wildflower season and all that summers in our beautiful valley have to offer. Many of us have already gotten out the bikes, kayaks and other summer gear in anticipation of a wonderful summer season! 

The Valley's June calendar is filled with summer activities including tons of live music, KBUT's 15th Annual Friday Night Fish Fry, biking events, paddle boarding, hiking and historic walking tours. We are also excited for the opening of Crested Butte Mountain Resort's summer Adventure Center activities on June 10th. Click here for a real time weather report and trail information. If you are coming in search of wildflowers, be sure to check out the 2017 Crested Butte Wildflower Festival for events, tours and presentations. To fuel your passion for adventure, forget cooking and hop into any of our many top notch restaurants and bars.  

Things Going on in June

Down & Dirty Mountain Manners For Locals ~ June 3
Sketching in The Gallery ~ June 7
Summer 2017 Opening Day
 ~ June 10
Magic Dick & Shun Ng ~ June 11
Historic Walking Tour ~ June 13
Sketching in The Gallery ~ June 14
Historic Walking Tour ~ June 15
10 Minute Plays ~ June 15-17
KBUT's 15th Annual Friday Night Fish Fry ~ June 16
Mountain Manners Wildflower & Natural History Hike ~ June 17
Historic Walking Tour ~ June 20
Sketching in The Gallery ~ June 21
Summer Solstice at Ten Peaks ~ June 21
Del & Dawg ~ June 21
New Orleans Suspect ~ June 21
Historic Walking Tour ~ June 22
14th Annual Gunnison River Festival ~ June 22-24
Crested Butte Bike Week ~ June 22-25
Mountain Manners for Mountain Bikers ~ June 25
Historic Walking Tour ~ June 27
Sketching in The Gallery ~ June 28
Women's Networking Night ~ June 28
Historic Walking Tour ~ June 29
Novel Tea Book Club ~ June 29
Western Summer Speaker Series ~ June 30
Phoebe Hunt & The Gatherers ~ June 30

Click here for the entire Crested Butte/Gunnison Event Calendar

What's Happening in the Real Estate Market

As we gear up for a busy summer selling season, we continue to see prices rise. Inventory in the valley continues to decline while demand remains high and properties are selling faster than they have in the last nine years. Right now only 17 single family homes are on the market in the town of Crested Butte. There are only 28 active homes on Mt. Crested Butte and 80 active condos. The least expensive home in the upper valley remains a manufactured home in Crested Butte currently listed at $479,000. Crested Butte South continues to see rapid decline in inventory with only 8 single family homes currently on the market.

In May, we had 26 single family homes and condos sales, compared to 19 in April for a total of $22,527,500 in sales. Eleven of those sales were single family homes. Sales in May ranged from a Mt. Crested Butte Condo selling for $143,000 to a beautiful, expansive six bedroom, six bath East River Front home selling for $3,550,000. Currently, another 44 homes and condos are under contract, representing a listing amount of $28,921,687. 

In land sales, a total of 3 parcels sold in May for a total of $799,500. Currently, another 12 parcels are under contract with a total listing price of $4,317,000. Land values continue to improve as single family home inventory declines. If you wish to list your home, condo or land I'm available anytime to discuss the current real estate market in-depth.

Quarter 1 2017 Click here for our First Quarter 2017 Report. 

You may search all available inventory by clicking here.

In the News 

For more community news visit my Community Blog.

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

Lots 19 to 24, Block 38 Belleview Avenue
Crested Butte, CO 81224
Bed | Bath | SqFt | $1,200,000
665 Red Mountain Ranch Road
Crested Butte, Colorado 81224
Bed | Bath | SqFt | $695,000
67 Wapiti Way
Crested Butte, Colorado 8224
Bed | Bath | SqFt | $299,000
Lot 9, Gold Link North
Mt. Crested Butte, Colorado 81225
Bed | Bath | SqFt | $275,000
6 Summit Road
Mt. Crested Butte, Colorado 81225
Bed | Bath | SqFt | $250,000
17 Winterset Drive
Mt. Crested Butte, Colorado 81225
Bed | Bath | SqFt | $175,000
Click here to view the published version the June 2017 newsletter.