Current Market Conditions for March 2021

Residential sales volume through February totaled $52,609,000 which is up and incredible $32,469,027 from this time last year. Number of transactions were also up (58 compared to 34). The average sales price, $907,051, is up almost 35% from $592,352 last year. Currently there are 75 properties under contract totaling $72,576,700; 25 of which are listed at $1mil or more including this beautiful home in the town of Crested Butte listed by our office for $3,950,000.


February Sales

In February, we had 10 single family home sales and 22 condo/townhome sales in the upper valley. These 32 sales totaled $29,467,500 which is up $6,326,000 from January. Sales ranged from a base area Grand Lodge condo in which we represented the Seller, selling for $129,000 to a distinguished seven bedroom home sale in Mt. Crested Butte selling for $3,350,000.

Land transactions were up 7 from the previous month with 23 sales totaling $9,648,500 in volume. This represents a increase in volume of $1,603,000 from January. Sales ranged from a Schofield Townsite lot for $33,000 to a Wildhorse at Prospect parcel selling for $2,975,000.

Chart by Visualizer

SF = single family residence

Active Listings

Inventory remains low with 13 fewer listings this month.

6 homes (-3*)
1 condo/town homes (-1*)

12 homes (-4*)
39 condo/town homes (-8*)

17 homes (+2*)
2 condo/town homes (+1*)

0 homes (n/a*)
0 condos/town homes (n/a*)

* Change from last month in parentheses

Current Inventory

Chart by Visualizer
SF = single family residence


Leading the Market

Crested Butte Collection ranked #1 for quantity of transactions and #2 for volume in Gunnison County for 2020.*

*Source: CREN December 31st, 2020

All reported statistics were not necessarily listed/sold by Crested Butte Collection. Information is intended only to show trends in the area.

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.