After hitting record breaking highs in 2021, the Crested Butte real estate market has been stabilizing throughout 2022. As we begin the third quarter of the year, we’re beginning to see the typical seasonal trends reappear. Pricing and inventory is stabilizing which brings great opportunity to both buyers and sellers.
While prices are remaining stable, we are seeing more balance in the market and are tilting away from an aggressive “Seller’s Market”. Buyers now have more power when it comes to inspections and important contingencies. The Colorado lifestyle remains in high demand keeping our local Gunnison and Crested Butte real estate markets thriving as we head into the final months of 2022.
Check out the 2022 Q3 Micro Market Reports to see how the real estate markets across Colorado are performing through Q3. You can view the Crested Butte Q3 Micro Market Report here. If you’re considering selling, you haven’t missed your window. We have ready and willing Buyers actively looking in the Crested Butte area. If you are in the market for Crested Butte property, give us a call so that we can help you find your dream Crested Butte home or homesite.
For more information on the Crested Butte real estate market, events, festivals, and news, please visit crestedbuttecollection.com. Thinking about buying or selling this year? Give us a call!