August 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 August 2024 Market Update dives into July sales throughout Gunnison County and the Upper Gunnison Valley as we compare real estate sales year over year.

July 2024 Review

Gunnison County

The number of residential sales throughout Gunnison County dipped slightly compared to last year; however, July experienced a 58% bump in total sales compared to June, while sales declined slightly from June to July last year. In every segment we are seeing an increase in the average days on market compared to last year. The highest sale in July was 750 Providence Ridge Road, an expansive three bedroom home located at the top of Trappers Crossing at Wildcat which sold for $4,417,000.

Upper Gunnison Valley

The Upper Gunnison Valley market had 58% of the residential sales in Gunnison County and 72% of the total sales volume county-wide, while 21% of land sales and 59% of total land sale volume was north of Almont. As of August 2nd, there are 88 properties under contract in the Upper Gunnison Valley, totaling over $97M in volume.

Active Listings

CRESTED BUTTE SOUTH
4 Single Family Homes (+1)
5 Condos/Townhomes (-1)

*Change from previous month in parenthesis. Active listings as of 7/2/24.

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.