Crested Butte Collection Newsletter
May 2025 Edition
It is officially off-season in Crested Butte which offers a welcomed change of pace as our community quiets, we reset, and our surrounding landscapes begin to thaw. Many restaurants and businesses shut down briefly to prepare for the next season, but you can find off-season dining hours on Travel Crested Butte’s Dining Guide.
As we closed out Q1 of 2025, Colorado’s resort markets continued to see an increase in buyer activity and inventory as we move closer toward the summer selling season. For all the latest insights, check out LIV Sotheby’s International Realty’s Q1 2025 Micro-Market Reports as well as the Q1 2025 Luxury Report for detailed statistics on how each market performed.
The Crested Butte Collection Market Update is your source for the latest real estate trends throughout Crested Butte and the Gunnison Valley. Our May 2025 Market Update dives into April sales throughout Gunnison County and the Upper Gunnison Valley as we compare real estate sales year over year. The real estate market throughout Gunnison County continues to stabilize with average and median residential sales prices continuing to decrease year to date. As we move closing to the summer season, inventory is picking up, with 50 new home listings last month and 35 new land listings, and we expect this trend to continue. For more market trends we’re seeing currently, read our May 2025 Market Update.
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.
April 2025 Real Estate Review
Featured Listings
Stunning Skyland Estate
1251 Skyland Drive | Skyland | Crested Butte
5 Bed | 5F, 2H Bath | 5,480 SF | 3-Car Garage | $11,295,000
Private Mountain Retreat
783 Forest Lane | Skyland
Crested Butte
4 Bed | 3 Bath | 3,878 SF | 0.99 AC
$3,995,000
Si-In/Ski-Out Condo
San Moritz Unit J304
Mt. Crested Butte
4 Bed + Loft | 3 Bath | 1,903 SF
$975,000
Forever Protected Views
14 Summit Road | The Summit
Mt. Crested Butte
0.719 AC
$545,000
Flexible Business Space
510 Elk Avenue, Unit 1 | Skyland
Crested Butte
1 Bath | 569 SF
$495,000
Your Guide to Crested Butte
In the News
Drought conditions in the county improving slightly
Where should future development go? Gunnison area planning resumes
Whetstone financing terms finalized
CB improving the affordable housing rental process in town
Mt. CB buying in on upcoming Oh Be Joyful solar project
Crested Butte approves revamped Climate Action Plan
County releases model home plans for public use
Experience You Can Trust
98% List Price/Sale Price Ratio
2% higher than the Gunnison County average
Ranked #5
Upper Gunnison Valley Total Sales Volume
Ranked in Top 4%
Gunnison County
Residential Sales Volume
Ranked in Top 5%
Gunnison County Total Sales Volume
Source: CREN and Off-Market Sales, January – December 2024
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
