Crested Butte Collection Newsletter
April 2024 Edition
As expected, March brought some warm, sunny weather to remind us spring is right around the corner. April 7th is closing day for Crested Butte Mountain Resort, but there are still several Colorado resorts open for spring skiing. Check out the list here and enjoy the slopes into May and potentially even June!
As we prepare for spring, that often means swapping gear and planning a trip to the desert, but it should also include preparing your home. We’ve put together a list of home maintenance tasks that help prep your mountain home for the warmer weather and maintain property values.
The Crested Butte Collection Market Update is your source for the latest real estate trends throughout Crested Butte and the Gunnison Valley. Our April 2024 Market Update summarizes market statistics through Q1 and also dives into March sales. Gunnison County experienced a minimal increase in the number of residential transactions in Q1 compared to last year, but the total volume of transactions this year was 98% higher than the volume sold in Q1 of last year. This growth rate in volume is due to an 87% increase in average sale price of residential properties in Gunnison County ($1.4M vs $738K). For more real estate insights, read the full April 2024 Market Update.
We love following the ebb and flow of the real estate trends in our valley. If you’re interested in discussing your real estate goals and how we can help, give us a call or email us!
Appreciatively,
Kiley | Kourtney
970.596.3219
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 comparative market analysis to assess the value of your property.
Current Market Conditions
The Upper Gunnison Valley residential market experienced a 55% increase in the number of sales YTD (34 vs 22), with an impressive 121% growth rate in sales volume, due to a 31% increase in average sale price ($1.55M for Q1 of 2024 vs $1.19M in 2023.) One positive sign for the upper valley was a significant increase in new listings compared to 2023 in both residential and land segments.
Featured Listings
Ski-In / Ski-Out Mountain Chalet
56 Summit Road, Mt. CB
3 Bed + Loft | 3.5 Bed | 3,476 SF
$4,925,000
Newly Built Townhome
231 Elk Valley Road, Unit 2D, Crested Butte
2 Bed | 2 Bath | 1,176 SF
$975,000
Waterfront Buckhorn Ranch Lot
189 Lake Ridge Drive, Crested Butte
0.48 Acres
$400,000
Your Guide to Crested Butte
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
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
Principal Broker
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
