Current Market Conditions for June 2023

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 this beautiful mountain retreat listed by our office for $9,500,000.


May Sales

In May, we had 3 single family home sales and 9 condo/townhome sales in the upper valley*. These 12 sales totaled $11,523,000 which is up $1,150,000 from April. Sales ranged from a studio Grand Lodge unit selling for $195,000 to a lovely four bedroom home in Mt. Crested Butte selling for $2,575,000.

Land transactions were up 1 from the previous month with 5 sales totaling $3,760,000 in volume. This represents an increase in volume of $2,019,500 from April Sales ranged from a Crested Butte South homesite selling for $275,000 to a 1.46 acre Prospect at Mt. CB parcel selling for $1,300,000.

SF = single family residence
*Upper Valley = data collected from Almont north

Active Listings

Inventory is up considerably with 29 more listings this month.

24 homes (+5*)
5 condo/town homes (+2*)

6 homes (-3*)
52 condo/town homes (+13*)

15 homes (-1*)
4 condo/town homes (+23)

5 homes (+4*)
4 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.

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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.