Crested Butte Collection Newsletter

August 2021 Edition


As the days are starting to get shorter, we continue to enjoy the summer season here in Crested Butte. July was extremely busy with record numbers of people visiting our beautiful valley. Many of our regular festivals and events returned after a yearlong hiatus, including the 49th Annual Crested Butte Arts Festival which was in a new location this year. In our opinion, August is one of the best months to visit and though summer is starting to wind down, there is still plenty of time to get out and enjoy hiking and/or biking in the high country.

As we head into August, the overall residential real estate market continues to thrive. We have closed over $220mil in sales volume so far this year with another $112.2mil currently under contract. The sales volume at this time last year was $84.8mil. The average sales price is up a whopping 21% to $1,019,985 from $807,784. Inventory continues to be our biggest challenge with properties going under contract almost as fast as they come on the market.


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

As we head toward the end of summer, the Crested Butte Real Estate Market continues to boom. The momentum we saw throughout spring and into early summer continues to grow with prices increasing substantially while inventory continues to be our biggest challenge. Properties are going under contract as fast as they come on the market. Residential sales volume through July was $220,316,920, up $135,499,518 from last year along with amount of transactions (216 compared to 105). The average sales price, $1,019,985, is up 21% from $807,784 last year. Currently another 72 properties are under contract totaling $112,226,995, 41 of which are listed at $1mil or more including a rare offering in Prospect at Mt. Crested Butte listed by our office for $5,900,000.

For a comprehensive view of last month’s sales and current inventory, view our August 2021 Market Report.


View Our August 2021 Market Report



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

710 Red Mountain Ranch Road
Crested Butte
35.10 Acres

327 Elk Avenue, Unit 3
Crested Butte
4 BR | 2 Bth | 1,583 Sq Ft

101 Alpine Court
Crested Butte
3 BR | 3.5 Bth | 1,722 Sq Ft

19 Ridge Road
Crested Butte
36.47 Acres

172 E Silver Sage Drive
Crested Butte
0.83 Acres

Grand Lodge Units
Mt. Crested Butte
5 Studio Units Available
$155,000 to $310,000

Town Events

​Summer is in full swing here in the Gunnison Valley. Be sure to check out our Events page and discover the many great events, festivals and outdoor activities going on around town such as the Crested Butte Farmers Market and Music on The Mountain!

View all Events »

Crested Butte Farmers Market

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

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