November 2018 | Crested Butte Collection Newsletter

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Crested Butte Collection Newsletter – November Edition

It’s been snowing in Crested Butte and the mountain is reporting 6″ in the last 24 hours with a cumulative 7 day total of over 10″. Town is buzzing with excitement and anticipation of the fast approaching ski season. Local lodging establishments are already receiving ski season bookings, many from first time visitors and Epic Pass holders anxious to check out all that Crested Butte has to offer.

For those who have already purchased their Crested Butte Season Pass and would like to exchange your current pass for an Epic Season Pass product, call the Vail Resorts Guest Services at (970) 754-0047.


If you’re looking to preview and purchase a property that interests you, please contact us anytime. You can search all Crested Butte inventory by clicking here.


Current Market Conditions

As the snow levels drop, blanketing the peaks in white, we continue to see steady interest in luxury homes with 9 single family homes over $1 million currently under contract. Condos and properties under a million continue to go under contract quickly despite this being the “off-season”.

Inventory is sparse as we head into the off-season. There are currently 19 single family homes on the market in the town of Crested Butte. Mt. Crested Butte has 20 active homes, down one from last month. Mt. Crested Butte condo inventory stayed steady with 40 active condos and town homes on the market. Rural Crested Butte inventory has remained consistent with 11 condos and town homes and 53 single family homes on the market, down slightly from 55 last month. Crested Butte South remained a high demand area this fall and inventory is extremely low with only 5 single family homes, and only 8 condos/town homes.

We experienced 34 single family home and condo sales in the upper valley in October totaling $25,021,394. Sales ranged from a remote Schofield cabin selling for $89,000 to a magnificent East River home selling for $3,400,000.

Land sales remained steady going into off-season with 15 sales in October totaling $4,425,300, one of which was our 35+ acre listing in Red Mountain Ranch.

Click here for more details in our market snapshot blog.


Town Tidbits

The beginning of the ski season is just around the corner with Donation Day on Wednesday, November 21st. Lift tickets can be purchased for $15 with 100% of the proceeds benefiting local kids at the Crested Butte Snowsports Foundation, the oldest youth ski club in Gunnison County. The official kick off to the ski season is Thursday, November 22nd with the CBMR Opening Day. If you haven’t already gotten your season pass or would like to exchange your current CBMR Season Pass for an Epic Pass product, click here.

Click here for more November events.


In the News

We’d like to introduce you to a great locally owned and operated business – Colorado Sound & Vision. Owner Richard Machemehl has over 20 years of experience in electronics. Richard sold his business in Texas so that he and his family could move to Crested Butte full time and looks forward to rebuilding his business here.

Two Councils Drill Down on Brush Creek
All Hands on Deck: Vail Officially Takes Over
Fine-Tuning Flights to The Valley
Paid Parking Discussion Continues in CB
An Interview With New CBMR VP & General Manager Tim Baker
Big Air on Elk Reboot? Promoter Ready to Hit The Jump this Winter
Town Selects Affordable Housing Developer
Water Issue in County on The Edge of Crisis
CB Council Comfortable With New Slate River Float Plan

For more community news visit our Community Blog.

Exclusive Offerings

4121 Wildcat Trail
Crested Butte
4 bed | 3.5 bath | 4,264 sq ft
36.989 acres | $1,795,000
3 Lapis Lane
Mt. Crested Butte
5 bed | 4 bath | 4,104 sq ft
.38 acres | $1,569,000
Black Bear Lodge – 208
Mt. Crested Butte
3 bed | 3 bath | 1,607 sq ft
Condo | $875,000
117 Whiterock Avenue
Crested Butte
2 bed | 2 bath | 1,770 sq ft
.07 acres | $850,000
San Moritz Unit I-204
Mt. Crested Butte
3 bed | 2 bath | 1,330 sq ft
Condo | $525,000
San Moritz Unit P-104
Mt. Crested Butte
2 bed | 2 bath | 1,001 sq ft
Condo | $360,000

 

From the
Crested Butte Collection Blog:

A year after purchasing Crystal Mountain Resort, John Kircher turned around and sold it. On a phone call with Co-op Journal he shares his story and why selling is sometimes a good idea…

Click here for more.

From Crested Butte Collection
Real Estate Market News:

709 Red Lady Avenue, Unit A, Crested Butte ~ Buyer Representation ~ Sold It was a pleasure working with the buyers of 709 Red Lady Avenue, Unit A, Crested Butte…

Click here for more.

 

Thanks for reading today! Please feel free to forward along to anyone you might think interested.

Corey Dwan – Broker Associate
Bluebird Real Estate
211 Elk Avenue | PO Box 1788
Crested Butte, CO 81224

970-596-3219 mobile
coreydwan@crestedbuttecollection.com
www.crestedbuttecollection.com