Crested Butte Collection Newsletter
October 2021 Edition
October is here and we are enjoying a spectacular showing of colors this year. Though the aspens have just about all peaked, you can still find some beautiful fall colors throughout the valley. Wednesday brought the first snowfall to the resort, reminding us that winter is on its way! We are looking forward to a very brief “off-season” before we head into the busy ski season. If you haven’t already purchased your ski pass, you can still do so here.
The overall residential real estate has remained steady through the end of the summer season. We closed out September with $329.3mil in sales volume year to date putting us $140.7mil over the sales volume at this same time last year. Another $84.4mil is currently under contract. The average sales price is up an incredible 23% to $1,131,757 from $869,326. If you’ve been thinking about selling, now is the time! If you’re in the market to buy, lets talk. Inventory doesn’t stay on the market long.
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
Summer has come and gone and things are slowing down just ever so slightly as we head into fall. Home prices have increased substantially compared to this time last year. Residential sales volume through September was $3,29,341,420 up $140,697,643 from this time last year along with amount of transactions, (291 compared to 217). The average sales price, $1,131,757, is also up 23% from $869,326 last year. Currently another 71 properties are under contract totaling $84,564,800, 33 of which are listed at $1mil or more including a beautiful four bedroom mountain retreat listed for $3,500,000.
For a comprehensive view of last month’s sales and current inventory, view our October 2021 Market Update.
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.
15 Cinnamon Mountain Road
Mt. Crested Butte
3 BR | 3.5 Bth | 2,621 Sq Ft
327 Elk Avenue, Unit 3
4 BR | 2 Bth |1,583 Sq Ft
222 Brackenbury Street
Crested Butte South
3 BR | 3 Bth | 2,072 Sq Ft
Summer events have about all wrapped up here in the valley as we head into a brief off-season. Check out the calendar of events for October music and activities throughout the Gunnison Valley. Don’t miss the Crested Butte Farmers Market which runs through October 10th or Gunnison Farmers Market which runs through October 23rd.
In the News
County Approves Lower Maximum House Size In LUR
County Begins Looking At New Brush Creek Road Intersection At Hwy 135
County Zeroes In On Whetstone Affordable Housing Potential
Mt. CB Needs More Details From North Village Team
GUC Airport Renovation A Few Months Behind Schedule
CB Council Implements Moratorium On New Heated Accessory Buildings In Town
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