YTD Stats

Residential sales volume through August totaled $227,072,012 which is down 16% year over year. The number of transactions so far this year are down 26% compared to last year (239 compared to 301). The average sales price, $950,092, is up 8% from $873,504 last year. Currently there are 72 properties under contract totaling $94,201,900; 26 of which are listed at $1M or more.

August Sales

In August, we had 16 single family home sales and 12 condo/townhome sales in the upper valley*. These 28 sales totaled $42,269,069 which was up $17,193,469 from July. Sales ranged from the ideally located Grand Lodge studio selling for $200,000 to a luxurious estate inspired by an old-world castle in Prospect at Mt. Crested Butte which sold for $10,000,000.

Land sales volume decreased 7% from July, despite an increase in the number of sales. There were 9 total sales which totaled $4,210,025 in August. Sales ranged from a Schofield Park parcel for $30,025 to a Red Mountain Ranch homesite selling for $920,000.

*Upper Valley = data collected from Almont north

Upper Gunnison Valley Sales | August 2023

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Active Listings

We have 19 fewer active residential listings than last month.

30 homes (-4*)
8 condo/town homes (+1*)
13 homes (+3*)
53 condo/town homes (-10*)
21 homes (-6*)
8 condo/town homes (+2*)
2 homes (-5*)
5 condo/town homes (n/a*)

* Change from last month in parentheses

Current Inventory

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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.

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.