Crested Butte Collection Newsletter
December 2022 Edition
Happy Holidays from the Crested Butte Collection team! We are celebrating another incredible year at LIV Sotheby’s International Realty and have so much to be thankful for. Ski season is here and Ullr graced us with over a foot of fresh powder earlier this week with more snow in the forecast! We are seeing the local real estate market become more balanced and are extremely grateful for our repeat Buyers and Sellers. If you are in town over the holidays, we’d love for you to stop in and say “hello”!
The market is remaining stable as we head into December. We closed out November with $301.3 mil in sales volume year to date for the north end of the valley and another $28 mil is currently under contract. This puts us $115.8 mil below the sales volume at this same time last year. The average sales price is up almost 3% to $1,191,168 from $1,124,621 and though inventory remains one of our biggest challenges, we’re seeing an increase in new listings this month. There is opportunity whether you are looking to buy or sell.
Again, we would like to thank you for your support and continued business with the Crested Butte Collection. Thank you for trusting us with your referrals to friends and family. We look forward to what 2023 has to bring and to continuing to help you reach your real estate goals.
Appreciatively,
Kiley & Erin
Email 970.596.3219
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
The holidays are here and the ski lifts are spinning which means we are heading into our busy winter selling season. Residential sales volume through November was $301,365,594; down $115,868,906 from last year along with amount of transactions, (253 compared to 371). The average sales price, $1,191,168, is up almost 3% from $1,124,621 last year. Currently another 23 properties are under contract totaling $28,307,500, 8 of which are listed at $1mil or more including a beautiful mountain home on acreage listed for $5,350,000.
For a comprehensive view of last month’s sales and current inventory, view our December 2022 Market Report.
View Our December 2022 Market Report
ACTIVE LISTINGS
Local Expertise
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.
Featured Listings
29 Mulligan Drive
Crested Butte
4 BR | 4.5 Bth | 4,829 Sq Ft
$4,300,000
20 Butte Avenue
Town of Crested Butte
2 BR | 2 Bth | 1,446 Sq Ft
$1,900,000
327 Elk Avenue
Town of Crested Butte
5 BR | 3.5 Bth | 3,020 Sq Ft
$1,895,000
467 White Stallion Circle
Crested Butte
4 BR | 3.5 Bth | 1,966 Sq Ft
$1,875,000
72 Hunter Hill Road, Unit I-304
Mt. Crested Butte
4 BR | 3 Bth | 1,833 Sq Ft
$1,175,000
114 Big Sky Drive, Unit A
Mt. Crested Butte
3 BR | 2.5 Bth | 1,401 Sq Ft
$999,00
Town Events
The holiday season is here, the lifts at CBMR are spinning, and the December calendar is full of many festive activities and events! Don’t miss the Light Up The Night holiday celebration on December 10th or year end Polka Party with Pete Dunda on December 28th!
In the News
CB Council Approves Changes To Vacation Rentals
School District Begins Next Steps With 5A Facilities Expansion
Town And County Look At Whetstone Water & Sewer Partnership
Gunnison County Briefs
Mountain Roots Brings Holiday Harvest To Those In Need
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
c 970-596-3219
kiley@crestedbuttecollection.com
