Crested Butte Collection Newsletter
June 2023 Edition
June is here bringing with it much warmer weather and sunshine. This winter’s incredible snowpack is melting off and giving way to what is anticipated to be an incredible wildflower season; we’re already starting to see blankets of color carpeting the hills in the south end of the valley. CBMR opening day is Saturday, June 17th. Lifts will be spinning 7 days a week from 9:00-5:00 and until 7:00 on Twilight Nights. Check out our Events Calendar for a list of June events. We update this calendar, which can be found on the homepage of our website, monthly.
The overall residential real estate market remains stable as we head into June. We closed out May with $47.7mil in sales volume year to date. Another $53.4mil is currently under contract putting us $64.6mil below the sales volume at this same time last year. The average sales price is down slightly (2%) to $1,038,476 from $1,060,335 at this time last year. Inventory is still somewhat limited however we’re seeing more properties come on the market for the summer season.
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
Residential sales volume through May totaled $47,769,930 which is down $64,625,620 from this time last year. Number of transactions were also down (46 compared to 106). The average sales price, $1,038,476, is also down slightly (2%) from $1,060,335 last year. Currently there are 39 properties under contract totaling $53,473,776; 15 of which are listed at $1mil or more including a beautiful mountain retreat listed by our office for $9,500,000.
For a comprehensive view of last month’s sales and current inventory, view our June 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.
Summer is right around the corner and we’re seeing more events pop up on the Crested Butte events calendar. CBMR Opening Day is Saturday June 17th, and if you haven’t had a chance to take one of the Historic Walking Tours with the museum, this is a great way to learn about the history of Crested Butte.
In the News
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