Crested Butte Collection Newsletter
June 2021 Edition
June is here which means summer is right around the corner. Town is beginning to buzz with activity as our retail shops and restaurants welcome back our summer visitors. The May snow showers are starting to bring us the beautiful June wildflowers everyone looks forward to and with the trails drying out, it’s time to get out the mountain bikes and hiking shoes! We’re all looking forward to another busy summer season.
The overall residential real estate market continues to thrive with over $156mil in sales volume closed so far this year. We are already $104mil over the sales volume at this same time last year with another $62mil currently under contract. The average sales price, $997,414, is up almost 24% from $762,109. Although inventory remains our biggest challenge in this market, we are starting to see more listings hitting the market for the summer selling season. If you’ve been thinking about selling your property, now is a great time; give us a call today!
Appreciatively,
Kiley & Erin
Email 970.596.3219
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
We had an incredibly busy spring and the market continues to ramp up for the busy summer selling season. Residential sales volume through May was $156,594,030, up $104,008,457 from last year along with amount of transactions (157 compared to 69). The average sales price, $997,414, is up almost 24% from $762,109 last year. Currently another 49 properties are under contract totaling $67,287,000, 24 of which are listed at $1mil or more, including a stunning Butte Avenue home which is listed for $4,315,000.
For a comprehensive view of last month’s sales and current inventory, view our June 2021 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.
Featured Listings
327 Elk Avenue, Unit 3
Crested Butte
4 BR | 2 Bth | 1,583 Sq Ft
$1,479,000
19 Ridge Road
Crested Butte
36.47 Acres
$1,350,000
665 Red Mountain Ranch Road
Crested Butte
35.60 Acres
$765,000
Snowcrest – Unit 18
Crested Butte South
3 BR | 2 Bth | 1,042 Sq Ft
$625,000
453 Lake Ridge Drive
Crested Butte
0.86 Acres
$550,000
Grand Lodge – Unit 176
Mt. Crested Butte
Studio BR | 1 Bth | 435 Sq Ft
$160,000
Town Events
Summer is right around the corner and town is beginning to buzz with activity. The days are getting warmer and the trails are drying out so grab your mountain bikes and hiking shoes! Stay tuned to our events page for great local events and activities.
In the News
Developers Of Two Lots Above Trapper’s Get Court Win
Snodgrass Trailhead Improvements In The Works With Mt. CB
Majority Of Council Ready To Implement Parking Plan
Mt. Crested Butte Homestead Affordable Housing Going Solar
County Moves Forward On Whetstone Affordable Housing
Near Normal: County To Drop Most Coronavirus Restrictions
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
LIV Sotheby’s International Realty
401 Elk Avenue | PO Box 210
Crested Butte, CO 81224
c 970-596-3219
kiley@crestedbuttecollection.com
