Category: Market Reports

Summer is in full swing in Crested Butte, with Elk Avenue once again a one way street with lots of visitors. The summer event schedule appears that it may go back somewhat to normal- plans haven’t yet been finalized for the 4th of July, but it sounds like we will have a parade this year. […]

Like most of the country, real estate in Crested Butte continues to move at a rapid pace. 84 closings took place with a total of $58.8M, compared to 26 last year and 32 in 2019. It remains a great time to sell, while for buyers, patience is important, along with the ability to act quickly. […]

95 sales were recorded last month totaling $59M- yet another record. It’s hard to believe that a year ago everything basically stopped- including real estate.

Even with land, however, there is roughly 30% less inventory than there was a year ago. In fact, in nearly every area or property type, there seems to be 25-35% less inventory than a year ago.

The first month of 2021 continued the trends of late 2020, with 66 sales and a dollar volume of $51.8M, compared to 27/11.9M last year. That included some significant sales, such as the Almont Resort, Forest Queen building, and the potential hotel development on 6th street. If you aren’t already receiving my monthly newsletters which […]