Crested Butte Collection Newsletter
July 2019 Edition
Well it appears the snow has finally ceased and given way to summer. The heavy winter and unusually wet June has created the perfect environment for the wildflowers to flourish so make sure to check out the Crested Butte Wildflower Festival July 5th-14th. Our famous 4th of July Parade is just around the corner and is a spectacle not to be missed. The Alpenglow Summer Concert Series continues to rock our world every Monday evening. Bring some chairs and sunscreen and mingle with hundreds of locals and tourists alike. The Crested Butte Wine and Food Festival is July 25th – 28th and is excited to partner with the Crested Butte Mountain Bike Association to offer a fun bike ride, beer drinking and BBQ feast July 26th.
Exciting things are happening here in the north end of the valley! The Forest Service has posted its final approval of the Teocalli Drainage Expansion. The resort’s former owners, the Mueller family, had submitted the Teocalli Drainage Project back in 2015, prior to the sale to Vail Resorts last fall.
Overall residential real estate inventory is up 22% from last month as we experienced an increase of new listings in every sector of the market. See our full market report below.
Corey | Stacey | Trevor | Erin
Leaders in Crested Butte Real Estate
Through the end of June our team has been involved in $19,574,200 of sales volume representing 23% more than any other agent in Gunnsion County.* Rely on our experience, work ethic and passion for real estate to ensure your transaction goes smoothly.
*Source: CREN June 30th, 2019
Current market conditions
The overall residential market through the end of June continues to improve. Sales volume has surpassed last year-to-date volume ($76,381,200 up nearly $7.5mil from $68,931,819). Amount of transactions are down (100 compared to 117 same time last year) but the average sale price is $763,812 up from $589,161. With a summer season that shows no signs of slowing down we are expecting record breaking sales volume the second half of the year.
For a comprehensive view of last month’s sales and current inventory, view our July 2019 Market Report.
If you’re looking to buy or sell in Crested Butte and the Gunnison Valley, please contact us. We are happy to provide information on the area, a list of properties that suit your criteria, and/or prepare a complimentary comparative market analysis to assess the value of your property.
22981 State Highway 135
6 BR | 7 Bth | 6,592 Sq Ft
67Cinnamon Mountain Road
Mt. Crested Butte
5 BR | 4.5 Bth | 4,527 Sq Ft
2074 Wildcat Trail
4 BR | 4 Bth | 4,725 Sq Ft
TBD Saddle Ridge Road
0 BR | 0 Bth | 65.24 Acres
120 Butte Avenue
Mt. Crested Butte
2 BR | 1 Bth | 1,022 Sq Ft
427 Belleview Avenue
Units 103-104 | 718 Sq Ft
The wildflowers are in full bloom and the warm summer days have arrived. There is so much going on this month starting with our biggest event of the year, the 4th of July Parade. Click the link below to view everything going on and make some time to get out there and enjoy it all.
In the News
We build our business on integrity and service. The highest compliment we can receive is the referral of friends, family and business associates. Thank you for your trust.
Corey Dwan | Broker Associate | Team Leader
Crested Butte Collection