Crested Butte Collection Newsletter

August 2022 Edition


August is here and town continues to buzz with summer activity. We celebrate the 50th annual Crested Butte Arts Festival this coming weekend. Experience world class fine art, food, music, dance and more August 5-7. Although the days are starting to get shorter, and the nights cooler, there is still plenty of time to get out and enjoy camping, hiking and/or biking in the high country. Our early monsoon season has kept the valley lush and green and made for some great biking conditions!

The overall residential real estate market remains stable as we sail through the summer season. We closed out July with $164.4 mil in sales volume year to date, which is down $62,324,970 from this time last year. There is currently $22.3 mil under contract as we head into August. The average sales price is up 7% to $1,118,652 from $1,040,215 and we’re beginning to see slightly more inventory on the market.


Kiley & Erin
Email     970.596.3219


Leaders in Crested Butte Real Estate

Crested Butte Collection ranked #3 for quantity of transactions and #6 for volume in Gunnison County for 2021.*

*Source: CREN December 31st, 2021

Current market conditions

Summer is flying by with August being one of our busiest months! The market remains stable and home prices continue to be on the rise throughout the valley. Residential sales volume through July totaled $164,441,950. This is down $62,324,970 from this time last year. The number of transactions are also down (147 compared to 218). The average sales price, $1,118,652, however is up 7% from $1,040,215 last year. Currently there are 14 properties under contract totaling $22,303,500; 4 of which are listed at $1mil or more including this incredible development opportunity listed for $12,000,000.

For a comprehensive view of last month’s sales and current inventory, view our August 2022 Market Report.


View Our August 2022 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

29 Mulligan Drive
Crested Butte
4 BR | 4.5 Bth | 4,829 SqFt

21 Trent Jones Way
Crested Butte
4 BR | 3.5 Bth | 2,988 SqFt

20 Butte Avenue
Crested Butte
2 BR | 2 Bth | 1,446 SqFt

214 Hidden Mine Road
Crested Butte
35.10 Acres

TBD County Road 317
Crested Butte
2.04 Acres

400 Gothic Road, Unit 203
Mt. Crested Butte
1 BR | 1 Bth | 608 SqFt

Town Events

Summer is in full swing here in the Gunnison Valley. Get out and enjoy the many wonderful festivals and outdoor activities such as the 50th Annual Crested Butte Arts Festival or a white water rafting trip on the Taylor River.

View all Events »

Crested Butte Real Estate - August events: drinks at the River Bar at Garlic Mike's in Gunnison

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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