Crested Butte Collection Newsletter
November 2022 Edition
November is here, bringing with it the excitement and anticipation of ski season! Crested Butte Mountain Resort opening day is coming up Wednesday, November 23rd. If you haven’t already purchased a ski pass, or need to purchase day passes, you can do so here. The Nordic Center opening day is November 12th; you can purchase nordic passes here. Though town is still enjoying a brief slowdown, the holidays are right around the corner and our restaurants and shops are gearing up for another busy winter season. Butte Bucks go on sale again this year on Black Friday. If you’ll be visiting town this season, please stop in and say hello!
The overall residential real estate market has continued to stabilize as we near the end of the year. We closed out October with $272mil in sales volume year to date. Another $53.9mil is currently under contract putting us $101.3mil below the sales volume at this same time last year. The average sales price is up ever so slightly (less than 1%) to $1,178,221 from $1,128,598. Inventory is beginning to stay on the market just a little longer however that may change as we head into the winter selling season. If you’re considering buying or selling, give us a call today.
Kiley & Erin
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
Residential sales volume through October totaled $272,169,094 which is down $101,379,006 from this time last year. Number of transactions were also down (231 compared to 331). The average sales price, $1,178,221, is up almost ever so slightly from $1,128,598 last year. Currently there are 40 properties under contract totaling $53,986,400; 14 of which are listed at $1mil or more including a stunning rural home on acreage listed for $5,350,000.
For a comprehensive view of last month’s sales and current inventory, view our November 2022 Market Report.
View Our November 2022 Market Report
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.
We are all anxiously awaiting the opening of the ski area! In the meantime, check out the November calendar which is full of fun off-season events and activities. CBMR opening day is Wednesday, November 23rd and the CB Nordic Center is hosting their Thanksgiving Camp November 24-27. Have a Happy Thanksgiving and don’t miss the GVWN Holiday Cookie Exchange on November 30th.
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