Category: Market Reports

March started off much like the previous two months of 2020, with plenty of real estate activity. By March 17th, the unexpected closure of all Vail resorts including Crested Butte indicated that the world was rapidly changing. Further stay at home orders followed in Gunnison County and real estate agents in Crested Butte and Gunnison are currently not allowed to have any face to face contact with buyers or sellers.

As mentioned in my previous market report, January was busy, with a large number of properties going under contract. In February, we saw many of those properties sell- in fact, February 2020 was the busiest February in at a dozen years. 40 properties changed hands, compared to 36 last year. Many of those properties were […]

January is generally a slower time for real estate sales in Crested Butte and 2020 was no different. Only 27 transactions were recorded, compared to 35 last year and 24 in 2018. That said, January was a very busy month if you’re looking at properties going under contract, with a big uptick compared to the […]

For the first time in several months, sales in December 2019 were higher than the previous year. In the Gunnison/ Crested Butte area, there were 49 sales totaling $35.9 Million, compared to 37 sales last year and a total of $19.6 Million. For the year, sales transactions were down 18%, although dollar volume was up slightly, at 1% for the year thanks to the strong December finish.

November 2019 real estate sales in the Crested Butte and Gunnison area totaled $29.6 Million and 46 transactions. Last year during the same time frame, there were 64 transactions totaling $34.8 Million. This has been the trend throughout 2019- fewer transactions but higher sales prices. Higher prices and limited inventory at certain price points are […]