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.

Chart by Visualizer

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

Chart by Visualizer
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.

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.