Crested Butte Collection Newsletter
January 2023 Edition
2023 is here and we’re excited to ring in the New Year! We hope you and your family had a wonderful holiday season. Visitor numbers are picking up as we head into January and the winter calendar is filling up with many wonderful winter activities and events. We received some much needed early season snow in December and Crested Butte has received 38 inches of fresh new snow in just the past 7 days! Crested Butte Mountain Resort has been working hard getting more terrain open daily. It won’t be long before the last two lifts, the North Face and High Lift, are open!
2022 was another busy year and we have much to be grateful for. Crested Butte Collection closed 39 transactions and $37,425,500 in sales volume in 2022.The Gunnison-Crested Butte real estate market closed out the year with $406,315,218 in sales volume. This is $171,371,211 below the 2021 numbers. The average sales price in the Gunnison Valley has risen by 1% to $898,927 from $890,117 in 2021.The average sales price in the north end of the valley is considerably higher at $1,193,315, 5% higher than 2021. Currently there are 39 properties under contract totaling $35,415,750. Not a bad way to start off the new year!
If you’ll be visiting Crested Butte this season, please stop in and say “hello”; we’d love to see you. If you’re in the market to buy or sell this year, lets talk!
Kiley & Erin
Leaders in Crested Butte Real Estate
Crested Butte Collection ranked #4 for quantity of transactions and #5 for volume in Gunnison County for 2022.*
*Source: CREN December 31st, 2022
Current market conditions
2022 has come to and end and the Crested Butte Collection team celebrated another great year in real estate! We closed 39 transactions and $37,425,500 in volume in 2022. Residential sales volume in the Gunnison Valley for the year totaled $406,315,218 which is down from $577,686,429 in 2021. The number of transactions were also down (452 compared to 649). The average sales price in the valley, $898,927, is up 1% from $890,117 in 2021. The average sales price in the north end of the valley is considerably higher at $1,193,315, 5% higher than 2021. Currently there are 39 properties under contract totaling $35,415,750; 9 of which are listed at $1mil or more including a luxury home on the golf course which I have listed for $4,3000,000. Of those 39 properties under contract, 22 are in the north end of the valley.
For a comprehensive view of last month’s sales and current inventory, view our January 2023 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 ring in the New Year with a calendar full of fun winter activities and events! There are several great concerts on the schedule and you won’t want to miss the CBLT Field Trip on January 27th!
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