Crested Butte Collection Newsletter
March 2021 Edition
March is here bringing spring skiing to Crested Butte. Along with the longer, warmer days, businesses around town are eagerly looking forward to our spring break visitors. February brought several snow events to the valley however we could still use some more snow; both on the resort and in the high country. With that said, keep doing your snow dances and with Spring Break right around the corner, be sure to make your ski reservations early as the days, and especially weekends, are filling up fast.
The overall residential real estate market continues to boom, increasing from this time last year by over $32mil in sales volume. Another $72.5mil is currently under contract. The average sales price is up a whopping 35% to $907,051 from $592,352 at this time last year with new inventory in high demand. If you have been considering selling, now is a great time!
Kiley & Erin
Leaders in Crested Butte Real Estate
Crested Butte Collection ranked #1 for quantity of transactions and #2 for volume in Gunnison County for 2020.*
*Source: CREN December 31st, 2020
Current market conditions
The winter selling season has been incredibly busy despite less than average snowfall this year. The market remains hot despite substantial increase in prices. Residential sales volume through February was $52,609,000, up $32,469,027 from last year along with amount of transactions (58 compared to 34). The average sales price, $907,051, is up 35% from $592,352 last year. Currently another 75 properties are under contract totaling $72,576,700, 25 of which are listed at $1mil or more including this this beautiful home in the town of Crested Butte listed by our office for $3,950,000.
For a comprehensive view of last month’s sales and current inventory, view our March 2021 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.
March is here and you know what that means… Spring skiing! Though we are still facing COVID restrictions throughout the valley, there are still some great events happening both in person and online.
In the News
CB To Step Up Enforcement Of Deed Restricted Units
CBMR Preps For Start Of The Busy Part Of The Winter Season
North Village Concept Plan Receives Positive Feedback From Mt. CB
Red Lady Mine Proposal Could End Up Eliminating Future Mining
Mt. CB Hits Record Sales Tax Collection
CB South Looks To Update Original POA Covenant Docs
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.
Kiley Flint | Broker Associate | Team Leader
Crested Butte Collection