Crested Butte Collection Newsletter
February 2023 Edition
Ski season is in full swing here in Crested Butte and we’ve been graced with some pretty significant snowfall; over 6 feet throughout the month of January! Crested Butte Mountain Resort has all of their lifts spinning and the mountain has been skiing well. Activities around town are picking up and we’re seeing a steady stream of visitors. The February Events calendar is full of great live music and fun activities. Break out the costume box, this weekend is the 37th Annual Alley Loop Marathon which is always a fun event for the whole family!
The market continues to stabilize as we head into 2023. Residential sales volume through January totaled $8,778,050 which is down $11,712,550 from this time last year. Number of transactions were also down (7 compared to 20). The average sales price, $1,254,007, however is up over 18% from $1,024,530 at this time last year. Currently there are 27 properties under contract totaling $30,230,000; 11 of which are listed at $1mil or more including an incredible 5 bedroom home in Mt. Crested Butte listed for $2,750,000.
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
January has flown by and it’s full steam ahead as we head into the busier weeks of ski season. Residential sales volume through January was $8,778,050, down $11,712,550 from this time last year along with amount of transactions (7 compared to 20). The average sales price in the north end of the valley, $1,254,007, is up over 18% from $1,024,530 at this time last year. Currently another 27 properties are under contract totaling $30,230,000, 11 of which are listed at $1mil or more including an incredible 5 bedroom Moon Ridge home in Mt. Crested Butte listed for $2,750,000.
For a comprehensive view of last month’s sales and current inventory, view our February 2023 Market Report.
View Our February 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.
Ski season is in full swing and we’ve been graced with an excellent snow season. Get out the costume boxes; you don’t want miss the 2023 Alley Loop Marathon on February 4th. CBMR is hosting Tappy Hour Tuesdays each Tuesday at Butte 66. Also, there is a ton of live music coming to Crested Butte in February!
In the News
RTA Bus Passenger Numbers Exploding
Air Passenger Counts Climb At GUC Despite Some Softness
Crested Butte South POA Plans For Red Mountain Park Makeovers
County Considering Climate Action Plan Updates To Building Code
Deep Winter Storms in ’22-’23 Helping Above Average Snowpack
Mt. CB Making Updates To Short Term Rental Ordinance
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