Crested Butte Collection Newsletter
March 2023 Edition
Wow! What a great season it’s been so far and it’s only March! We’re heading into what is typically one of our snowiest months and we’ve already seen over 233 inches of snowfall so far. Crested Butte Mountain Resort has opened wall-to-wall and floor-to-ceiling for the first time since the 2016-2017 season. Town remains busy and soon we’ll be seeing our Spring Break visitors. March is one of our favorite months here in the Butte; there are so many fun activities and events happening throughout the valley. Be sure to check out our March Events Calendar to see what’s going on around town.
We are hosting an Apré Ski Happy Hour here at our LIV Sotheby’s office on Thursday, March 16th from 5:00-7:00. If you’re in town, we’d love for you to stop in to say “hello” and enjoy some refreshments with us!
The overall residential real estate market remains stable as we close out the first quarter of 2023. We ended February with $19.2mil in sales volume year to date. Another $30.8mil is currently under contract putting us $17.1mil under the sales volume at this same time last year. The average sales price is up 24% to $1,205,714 from $911,500 and inventory is still moving quickly.
Appreciatively,
Kiley & Erin
Email 970.596.3219
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
We’re over halfway through the first quarter of 2023 and the local real estate market continues to remain stable. Residential sales volume through February totaled $19,291,430 which is down $17,158,920 from this time last year. Number of transactions were also down (16 compared to 40). The average sales price, $1,205,714, however is up over 24% from $911,500 last year. Currently there are 24 properties under contract totaling $30,785,500; 7 of which are listed at $1mil or more including an incredible 118 acre ranch and home listed by our office for $9,500,000.
For a comprehensive view of last month’s sales and current inventory, view our March 2023 Market Report.
View Our March 2023 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.
Significant Sales
29 Mulligan Drive
Crested Butte – Skyland
Represented the Seller
Sold for $4,200,000
21 Trent Jones Way
Crested Butte – Skyland
Represented the Seller
Sold for $2,725,000
229 Par Lane
Crested Butte – Skyland
Represented the Buyer
Sold for $2,675,000
20 Butte Avenue
Town of Crested Butte
Represented the Seller
Sold for $1,800,000
467 White Stallion Circle
Crested Butte – Buckhorn
Represented the Seller
Sold for $1,750,000
20 Par Lane
Crested Butte – Skyland
Represented the Seller
Sold for $1,700,000
Town Events
Spring is right around the corner and the March events calendar is full of great events, live music, and apré ski activities. The Banff Centre Mountain Film Festival World Tour returns to Crested Butte March 10th & 11th. We invite you to join us for an apré ski cocktail party at the LIV Sotheby’s office on March 16th.
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
