The "Month of Festivals" has arrived in Crested Butte and with the help of an extremely wet spring the wildflowers are in full bloom and the mountain sides are a vibrant green. The streets are becoming packed as numerous tourists continue to migrate to our town for one of the best months of the year. Lots going on so have yourself a great time and call me with any questions or recommendations as my client services go far beyond real estate.
Click here for the entire Crested Butte/Gunnison Event Calendar
What's Happening in the Real Estate Market
If you are looking for an extremely rare opportunity to purchase a home on 80 acres with water just outside the town of Crested Butte call me ($4.5 to $5mil).
The first half of 2015 and the Crested Butte real estate market has shown a strong 17% increase over the same period in 2014. 96 condo and home sales totaling $51,883,161 have closed so far and we remain with an average reduction of 7% off list price. Average price of $540,449 and median price of $380,000 compared to those of $447,102 and $368,500 from the same period last year. Another 41 properties totaling $28,069,499 are under contract seven of which are over $1mil with the most expensive being a Sotheby's offering at $4,595,000.
Mt. Crested Butte's first new condo project in almost 10 years, The Timbers, is nearly sold out only a few months after it's release. We only have only three condos left out of 37 and six deed restricted units for locals. Call me for more information before they are all gone.
Land sales continue to increase over last year as 57 parcels totaling $11,196,700 have sold in the first half of 2015. That represents a staggering 63% increase over the same period last year. 16 additional parcels totaling $2,279,500 are currently under contract.
This e-mail was sent by Benson Sotheby's International Realty located at 401 Elk Avenue | P.O. Box 210 Crested Butte, CO 81224.
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