Crested Butte Collection Newsletter

November 2019 Edition

 

November is here and we are anxiously awaiting opening day November 27th at Crested Butte Mountain Resort. The off-season, though short and colder than usual, allowed many of us the chance to wind down after the busy summer season. While we watch the snow fall and look forward to the many winter activities and events, we are gearing up for yet another winter season with undoubtedly more Epic Pass visitors.

Residential sales volume through October was $147,547,475 down $15,668,379 from last year along with amount of transactions (181 compared to 262). The kicker though is the average sales price, $814,057, is up 23% from last year! Who says the Vail effect has not occurred? With what is currently under contract we should end the year very close to last year’s totals.

Appreciatively,

Corey | Stacey | Trevor | Erin
Email     970.596.3219

Leaders in Crested Butte Real Estate

Through the end of October, the Crested Butte Collection has been involved in $32,522,600 of sales volume representing nearly 6% of the entire real estate market in Gunnison County.*

*Source: CREN October 31st, 2019

Current market conditions

It appears our market has leveled off with a decline in sales but dramatically increased prices. Residential sales volume through October was $147,547,475 down $15,668,379 from last year along with amount of transactions (181 compared to 262). The average sales price, $814,057, is up 23% from $622,961 last year though showing the Vail purchase has had some serious impact on our market. Currently another 43 properties are under contract totaling $38,192,860, nine of which are listed at $1mil or more. If all current under contracts close we should be very near the 2018 total year end number. 

For a comprehensive view of last month’s sales and current inventory, view our November 2019 Market Report by clicking below.

View Our November 2019 Market Report

ACTIVE LISTINGS

Local Expertise

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.

Search all Crested Butte Inventory »

Featured Listings


22981 State Highway 135
Crested Butte
6 BR | 7 Bth | 6,592 Sq Ft
$6,700,000


193 Larkspur Lane
Crested Butte
5 BR | 5.5 Bth | 6,976 Sq Ft
$3,595,500


219 Sopris Avenue
Crested Butte
4 BR | 3.5 Bth | 2,772 Sq Ft
$2,795,000


818 Elk Avenue
Mt. Crested Butte
4 BR | 2.5 Bth | 2,344 Sq Ft
$2,595,000

MLS 761084
327 Elk Avenue
Mt. Crested Butte
5 BR | 3.5 Bth | 3,160 Sq Ft
$2,495,000

MLS 753439
2074 Wildcat Trail
Crested Butte
4 BR | 4 Bth | 4,725 Sq Ft
$1,850,000

Town Events

The snow is beginning to fall and though town is still enjoying a quiet off-season, we’re looking forward to Crested Butte Mountain Resort’s opening day. In the meantime, don’t miss the Crested Butte Snowsports Swap, November 8-9 or the Romp Skis Season Kick Off Party on November 22nd.

View all Events »

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

Bluebird Real Estate
211 Elk Avenue | PO Box 1788
Crested Butte, CO 81224
c 970-596-3219
corey@crestedbuttecollection.com