Current Market Conditions for August 2022

Residential sales volume through July totaled $164,441,950 which is down $62,324,970 from this time last year. 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.


July Sales

In July, we had 6 single family home sales and 12 condo/townhome sales in the upper valley. These 18 sales totaled $23,132,500 which was down $2,681,400 from June. Sales ranged from a one bedroom Pitchfork condo selling for $205,000 to a distinguished five bedroom home sale in Aperture selling for $7,400,000.

Land transactions were down 25 from the previous month with 4 sales totaling $2,430,000 in volume. This represents a decrease in volume of $11,539,475 from June. Sales ranged from a Floresta Townsite lot for $450,000 to a Summit Road parcel selling for $775,000.

SF = single family residence

Active Listings

Inventory is up heading into August with 21 more listings this month.

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

9 homes (+1*)
33 condo/town homes (+5*)

33 homes (+11*)
6 condo/town homes (+2*)

5 homes (+2*)
3 condos/town homes (+2*)

* Change from last month in parentheses

Current Inventory

SF = single family residence


Leading the Market

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

*Source: CREN December 31st, 2021

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

Ranked #3

Upper Gunnison Valley
Transactions Closed

Ranked #4

Upper Gunnison Valley
Total Sales Volume

Ranked #3

Gunnison County
Residential Sales Volume

Ranked #4

Gunnison County
Total Sales Volume

Source: CREN, January - December 2023

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.