June 2024 Market Update

The Crested Butte Collection Market Update is your source for the latest real estate trends throughout Crested Butte and the Gunnison Valley. Our June 2024 Market Update dives into last month’s sales throughout Gunnison County and the Upper Gunnison Valley.

May 2024 Review

Gunnison County

The number of residential sales throughout Gunnison County remained consistent compared to 2023, with 27 sales in May. Despite fewer new listings in the month of May compared to 2023, we did see a jump in new listings year to date however, and continue to see a decrease in average sale price YTD. The highest sale in May was 1 Teocalli Avenue, a stunning 7-bedroom home in the Town of Crested Butte, which sold for $5,230,000.

Upper Gunnison Valley

The Upper Gunnison Valley market had 63% of the residential sales in Gunnison County and 83% of the total sales volume county-wide. In contrast, 20% of land sales and 33% of total land sale volume was north of Almont. As of June 4th, there are 63 properties under contract in the Upper Gunnison Valley, totaling over $57M in volume.

Active Listings

CRESTED BUTTE SOUTH
3 Single Family Homes (-1)
6 Condos/Townhomes 

*Change from previous month in parenthesis. Active listings as of 6/4/24.

All reported statistics were sourced from CREN MLS and not necessarily listed/sold by Crested Butte Collection. Commercial sales were excluded. Information is intended only to show real estate market trends in the area.