Current Market Conditions for May 2023

Residential sales volume through April totaled $36,246,930 which is down $47,728,420 from this time last year. Number of transactions were also down (34 compared to 86). The average sales price, $1,066,086, however is up 8% from $976,457 last year. Currently there are 31 properties under contract totaling $39,017,577; 7 of which are listed at $1mil or more including this incredibly stunning mountain retreat listed by our office for $9,500,000.


April Sales

In April, we had 5 single family home sales and 6 condo/townhome sales in the upper valley. These 11 sales totaled $10,373,000 which is up $3,790,500 from March. Sales ranged from an iconic Town of Irwin Cabin selling for $330,000 to a lovely four bedroom home on the river in CB South selling for $1,690,000.

Land transactions were down 3 from the previous month with 4 sales totaling $1,740,500 in volume. This represents a decrease in volume of $1,957,000 from March. Sales ranged from a Gothic area mining claim selling for $27,000 to a parcel in the Crested Butte Meadows above CB South selling for $825,000.

SF = single family residence

Active Listings

Inventory is down slightly with 5 fewer listings this month.

19 homes (-3*)
3 condo/town homes (n/a*)

9 homes (n/a*)
39 condo/town homes (+3*)

16 homes (-2*)
1 condo/town homes (n/a*)

0 homes (-1*)
2 condos/town homes (-2*)

* Change from last month in parentheses

Current Inventory

SF = single family residence


Leading the Market

Crested Butte Collection ranked #4 for quantity of transactions and #5 for volume in Gunnison County for 2022.*

*Source: CREN December 31st, 2022

All reported statistics were not necessarily listed/sold by Crested Butte Collection. Information is intended only to show real estate market trends in the area.

Crested Butte Collection - Logo Dark BG HomePage

Experience You Can Trust

Ranked #3

Upper Gunnison Valley
Transactions Closed

Ranked #4

Upper Gunnison Valley
Total Sales Volume

Ranked #3

Gunnison County
Residential Sales Volume

Ranked #4

Gunnison County
Total Sales Volume

Source: CREN, January - December 2023

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.