Current Market Conditions for October 2022

Residential sales volume through September totaled $228,024,112 which is down $108,338,188 from this time last year. Number of transactions were also down (201 compared to 295). The average sales price, $1,134,448, is also down ever so slightly (less than 1%) from $1,140,211 at this time last year. Currently there are 66 properties under contract totaling $90,523,500; 30 of which are listed at $1mil or more including this beautiful home in the Town of Crested Butte listed by our office for $5,650,000.


September Sales

In September, we had 6 single family home sales and 21 condo/townhome sales in the upper valley. These 27 sales totaled $27,622,162 which was down $8,337,838 from August. Sales ranged from a studio Grand Lodge unit selling for $172,500 to a gorgeous five bedroom home in Mt. Crested Butte selling for $3,500,000.

Land transactions were up 10 from the previous month with 16 sales totaling $11,459,000 in volume. This represents an increase in volume of $7,635,000 from August. Sales ranged from an Irwin lot selling for $19,000 to a Town of Crested Butte parcel selling for $3,800,000.

SF = single family residence

Active Listings

Inventory is down with 24 less listings this month.

19 homes (-4*)
3 condo/town homes (-4*)

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

20 homes (-8*)
2 condo/town homes (-4*)

2 homes (-2*)
2 condos/town homes (n/a*)

* 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.