Crested Butte Collection Newsletter
January 2020 Edition
As we ring in the New Year we close the chapter on another decade and Corey as the #1 agent in all of Gunnison County for sales volume and number of transactions in 2019. We are very proud of this accomplishment and thank our loyal client base that made this possible. While Crested Butte saw a lot of changes over the past 10 years, we are excited to see what the ’20’s bring. The winter season is ramping up after the holidays and the skiing has been fantastic. The days are getting longer as we head into the busiest days of the season. Looking for a beautiful place to stay when you visit? Check out our new Penthouse Condo available for short term accommodation.
The Crested Butte real estate market closed out the 2019 year with $194,746,635 in sales. This was only $5,145,469 below the 2018 numbers. The average sales price is up an incredible 23% from $658,597 to $850,421 and inventory is down 17 units from December. Currently there are already 33 residential properties under contract with over $23mil in volume to start off 2020.
Corey & Erin
Leaders in Crested Butte Real Estate
Crested Butte Collection ranked #1 for volume and #1 for quantity of transactions in Gunnison County for 2019. Corey closed out the 2019 year with $43,193,600 in sales volume representing over 6% of the entire real estate market in the county.
You helped us get here & we appreciate your trust!
*Source: CREN December 31st, 2019
Current market conditions
The Crested Butte real estate market nearly caught up to 2018 sales and shows definite signs of picking up in January. Residential sales volume for all of 2019 was $194,746,635 down only $5,145,469 from 2018. Amount of transactions was also down 64 (229 compared to 293) and average off list price increased slightly to 4.5% compared to 3.8% in 2018. The average sales price, though, was $850,421, up 23% from $658,597. Currently another 33 properties are under contract totaling $23,171,100, 7 of which are listed at $1mil or more and 7 of which are under contract via our team, 3 of which we are assisting both Buyers and Sellers.
For a comprehensive view of last month’s sales and current inventory, view our January 2020 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.
The 2019/2020 ski season is in full swing with Crested Butte being named “Colorado’s Best Ski Area”. The January events calendar is full of great live music and winter activities. Named the Best Mountain Town Music Festival of 2020 by Rolling Stone, the Mountain High Music Festival is January 16-18th.
In the News
Airport Improvements get a Conceptual Design
A Reimagined Center For The Arts
County Open to Form Working Group to Fix Kebler Issues
Council Gives Thumbs-up to Mobile Home Housing Idea
Crested Butte Nordic Continues Expanding Programs For Winter Season
Crested Butte Community School Enrollment Numbers Up Again
Airport Improvements Get a Conceptual Design
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