Category: Market Reports

September 2019 sales in the Crested Butte-Gunnison area totaled $31.4M dollars, a slight decrease from last year’s $31.8M. As we’ve seen for the past few months, however, the total number of sales were down- just 56 transactions last month compared to 75 the year before.

Simply put, prices continue to rise in the Crested Butte and Gunnison areas, and I see no reason to believe that that trend won’t continue for the foreseeable future due to continued high demand but low inventory of homes available.

It’s interesting to note that the median price in this area is less than downvalley areas like CB South. I cannot think of another ski area where prices are lower at the ski area than surrounding areas.

The big news in Crested Butte real estate this past month was the sale of the 156 acre”North Village” parcel near the Snodgrass trailhead, for $5.3 Million. This area was expected to be developed along with a ski area expansion onto Snodgrass mountain,

While April 2019 was a slow month in Crested Butte real estate compared to previous years, May came roaring back with the most sales and dollar volume in over ten years.