Category: Market Reports

82 real estate transactions took place in the Crested Butte/ Gunnison area in August of 2020, compared to 59 the previous year. Year to date, 2020 dollar volume is nearly equal to that of 2019, despite the near-complete shutdown during the Covid stay-at-home orders this past spring. On top of all the recent sales, we […]

July 2020 was one of the busiest months in local real estate that I can remember. 64 transactions totaling $32.8M were recorded. Last year, those numbers were 51 and $22.6M. Meanwhile, pending contracts are roughly double that of one month ago in every geographical area, and in vacant land as well as residential, so August […]

Real estate sales in June 2020 saw a strong rebound from May, with 45 transactions. While that trails the 56 transactions from last year, it still indicates a sharp recovery from the springtime slowdown caused by the Corona Virus. With nearly 100 properties under contract currently, July should also post strong sales numbers. In fact, […]

As I write this on the second day of June, there have already been at least 6 sales, and the total dollar volume of those sales already exceeds the dollar volume of all of May. Additionally, 80 properties are currently listed as “under contract”, so I expect June sales numbers will be much improved over May.

More than half of the sales were in the Gunnison area; usually 60% of the sales are in the Crested Butte area. Gunnison has more local buyers, so that isn’t entirely surprising when travel to Gunnison county is limited and all hotels and short term rentals are currently closed.