The Crested Butte Connoisseur September 2013 Edition – Crested Butte Real Estate Market News is now available. Click here to read.
Real estate sales from January 1, 2013 to present show a 27% increase over the same period last year. $82,495,994 worth of single family homes and condos in the upper valley have sold representing 177 transactions, 16 of which were over $1mil including yet another $4.25mil Prospect ski in/ski out home. With 49 properties under contract, 10% of our total inventory, totaling $26,681,481 we will end the summer on an extremely positive note. Benson Sotheby’s remains the leader in the county with over 24% of the real estate market share.
Land sales have nearly doubled since my last edition and are approaching 19% higher than the same period last year. Coming in at $8,973,636 and comprised of 44 transactions it is evident land is making a come back as well. Three of these sales were over $1mil, two of which were in the town of Crested Butte and one at the Reserve on the East River. Another 12 parcels are under contract totaling $2,873,545.